I bought 195 equity shares of Calcutta Electric Supply Company ltd (RP-Sanjiv Goenka Group company) of `10 each by paying `5 initially. and choosing to paying `5 later. When I contacted the company later to pay the balance of `5 per share, I was informed that my shares had been forfeited. Supposedly, a notice was sent to some Rakesh, and since he did not pay, the company forfeited my shares. When the shares were allotted to me, why did the company send the notice to some RakeshIJ
This case pertains to shares bearing Folio Numbers EAO7689 with Certificate number E 0075 3829, E 00753830, E 00753831, E 00753832, E 00753833 and
E 00753834.