..........will we get back all our money invested/principal amount invested in them ?

T

treenatureindia

New Member
#1
#1
I have some questions (you may think it has crazy questions) are as fallows:-
1.If we invest in private insurance companies and private mutual fund companies in any policies offered by them, if in future that private company closes down permanently and stopped all its operations, will we get back all our money invested/premiums/principal amount invested in them ?

2.If we invest in private banks in any accounts or fixed deposits offered by them, if in future that private bank closes down permanently and stopped all its operations, will we get back all our money invested/principal amount invested in them ?

Thanks
 
Smart_trade

Smart_trade

Moderator
#2
#2
Re: ..........will we get back all our money invested/principal amount invested in th

I have answered this in other thread.

Smart_trade
 
M

mastermind007

Well-Known Member
#3
#3
Re: ..........will we get back all our money invested/principal amount invested in th

treenatureindia said:
I have some questions (you may think it has crazy questions) are as fallows:-
1.If we invest in private insurance companies and private mutual fund companies in any policies offered by them, if in future that private company closes down permanently and stopped all its operations, will we get back all our money invested/premiums/principal amount invested in them ?

2.If we invest in private banks in any accounts or fixed deposits offered by them, if in future that private bank closes down permanently and stopped all its operations, will we get back all our money invested/principal amount invested in them ?

Thanks
Click to expand...
Look up Pramod Malhotra vs Union of India case

http://indiankanoon.org/doc/821234/

Bunch of folks deposited large sum of money in a bank that went bust. They were returned some small change for every rupee invested.
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
S Fraud telegram channel MONEY INVESTMENT Beware General Trading & Investing Chat 1
T Algo HFT trading rapidly increasing in India (Money Control), I think this will make it difficult for retail intraday/option traders to make profits Algo & Automated Trading 0
R Which one is poor money management? General Trading & Investing Chat 9
R Money management General Trading & Investing Chat 6
T ..........will we get back all our money invested/principal amount invested in them ? Beginners Guide 4

Similar threads