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Case Law Details

Case Name : Kuber Mutual Benefits Ltd. Vs. ACIT (ITAT Delhi)
Appeal Number : ITA No. 1193/Del./2011
Date of Judgement/Order : 13/02/2012
Related Assessment Year : 1999- 2000
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Kuber Mutual Benefits Ltd. Vs. ACIT (ITAT Delhi)-  It is not in dispute that assessee company is under liquidation and official liquidator stands already appointed by the order of the Hon’ble Court. As per Companies Act, 1956, no doubt, powers of liquidator which includes the power

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14 Comments

  1. Rajiv Sharma says:

    I have filled all the relevant document with affidavit in hon”ble high court Allahabad in 2008. But till date I have no response from official liquidator and I also do not know the current status of case Kuber mutual benefits ltd

  2. PREM Nath says:

    I also invested in Kuber Mutual Benefit in Nov 1995 In Noida. What is happening now I am not aware . T whom I shoud approach. My investment appx 78 Thousand since 1995 this amount is with Mr PK Sharma.

  3. Leela bagri says:

    I had invested Rs 30000=00 dated 10.02.1998 on Kuber mutual benefits ltd for one year FDR and received certificates nos-245566,245567,245568 for ten thousands each,muturity value is Rs 11608 for each certificates on dated 11.02.1999.similarly I had invested in the name of my daughter miss Ranjana bagri in KUBER PLANTERS LTD NEW DELHI For Rs 15000 dated-01.03.1998,certificates nos are 538959,538960,538961 for Rs 5000 each,and maturity value is Rs 32000 each on dated 19.02.2006.Also INVESTED IN THE NAME OF MY HUSBAND MR LALJI BAGRI IN RD ACCOUNT -1036/98 IN MANKAPUR OFFICE GONDA UP FOR RS 1500 EACH MONTH FOR 8 MONTH(TOTAL AMOUNT IS RS 12000).IF U HAVE ANY INFORMATION ABOUT REFUND ,KINDLY INFORM ME.THANKS

  4. Arun Kumar says:

    Dear All,

    Can any body get any details about the procedure to get the money back, who had invested in Kuber mutual benefits limited…???

    Thanks and Regards
    Arun Kumar Sahoo
    9500032243

  5. sukhvinder mohan kalia says:

    I was submitted applications and form formalities in LIQUIDATION for redumption of payment of Rs. 60000/= invested in KUBER MUTUAL BENEFITS LTD., but i lost totally apx. 120000/= sum of Rs. which is invested in different of Kuber Groups, I Have already send F.D. Details to Allahabad High court – Liquidator BUT THERE ARE NO RESPONSE FROM them. I think thru’ the same company apx. 1 lacs investors has lost his money and Mr.Sharma enjoying with the same in Delhi after RBI Enquiry. Hence with the such incident public makes totally fool, when SAHARA GROUP CMD’S are kept in GAIL then why such peoples are leaving freely ?????????????. It means the govt. are also involve in whole of episode to make it delayed, so that investors are forbid his investments and no bodies will asked in this regard. When the PROPERTIES OF KUBER GROUP WERE there then why its were delayed since more than 15 years ago.????????TILL TODAY LIQUIDTOR has not occupy kuber properties ??????????????.

    TOTALLY INVESTORS ARE FOOL IN WHOLE OF WORLD NO ONE WANTS TO GIVE SINGLE OF RUPEE WITHOUT ANY >>>>>>>>>>>>>>>>>>>>>HEAVY PRESSURE, SO INVESTORS MUST BE MAKE A MEETINGS AGAINST LIQUIDATOR AND RBI AND KUBER ???????????????

  6. susanta chadra tripathy says:

    I have deposited Rs.30000/- with Kuber Mutual Benefits Ltd. Bhubaneswar Branch vide FD no.219159 dated 7.10.1998. Please let me know how can proceed for refund of the money as we could not hear regarding the Allahabad High Court orders dated 18th July, 2008 for appointment of Shri B.K.L.Srivastava (Attached to High Courts of UP & Uttarakhand),33,Tashkent Marg, Civil Lines, Allahabad-211002 as official liquidator for Kuber Mutual Benefits Ltd and the claim forms.

    ob.No.09861011090
    E-mail.: [email protected]

  7. susanta chadra tripathy says:

    I have deposited Rs.30000/- with Kuber Mutual Benefits Ltd. Bhubaneswar Branch vide FD no.219159 dated 7.10.1998. Please let me know how can proceed for refund of the money as we could not hear regarding the Allahabad High Court orders dated 18th July, 2008 for appointment of Shri B.K.L.Srivastava (Attached to High Courts of UP & Uttarakhand),33,Tashkent Marg, Civil Lines, Allahabad-211002 as official liquidator for Kuber Mutual Benefits Ltd and the claim forms.

  8. Richa Srivastava says:

    I have also deposited Rs.44500/- with Kuber Mutual Benefits Ltd. Lucknow vide CDS nos.1923/97. 1922/97, 2690/98 and 1937/97. She has also 3 RD accounts with the above Co. for which the complete instalments had been deposited. Please let me know how she can proceed for refund of the money as we could not hear regarding the Allahabad High Court orders dated 18th July, 2008 for appointment of Shri B.K.L.Srivastava (Attached to High Courts of UP & Uttarakhand),33,Tashkent Marg, Civil Lines, Allahabad-211002 as official liquidator for Kuber Mutual Benefits Ltd and the claim forms.

    Richa

  9. A.K.Sharma says:

    I invested about Rs. 80000/- in this company along with my wife name with FDR No. KMBL- 034781 034783, 093927, 093929, 034782, 034784, 093928, 093930.
    After maturity above could not be pay me.
    A.K.Sharma
    9878005617
    email- [email protected]

  10. A.K.Sharma says:

    I invested about Rs. 80000/- in this company along with my wife name with FDR No. KMBL- 034781 034783, 093927, 093929, 034782, 034784, 093928, 093930.
    After maturity above could not be pay me.I submite my case to official liquidatore Allahabad on dated 11.6.2004, but till no action
    A.K.Sharma
    9878005617
    email- [email protected]

  11. alkasharma says:

    I was amply of kuber finance india ltd.from91 to 1999.i had deposited 50to 60000.but I lost my service and my deposit. I have already send f. d. detail to Allahabad high court .but there are no response from court. I feel very sad. I am very depressed.
    if you have any information about this company. Please send me.
    thanks,
    Alka sharma
    [email protected]

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