Complaint Details

Status : Closed Closed
Complaint No
: 0001861/2012
Category : Business & Finance
Date : 16-01-2012
Subject Line : SEVERE LOSSOF FUND
     
Complainant : Debapriyo Dutta
Address : 182/76, I.C Road, Rahara,Khardah
     
Complainee : Herbalife India
Address : Ballygunge, Kolkata

 

Complaint Details
To,
Consumer Complaints Redressal Council (INDIA)
Great Western Building, 130-132,
Shahid Bhagat Singh Road,
Opp. Lion Gate, Next to Cama Hall,
Mumbai - 400 023.


Dear Sir,

SUB: - MASSIVE LOSS OF FUND
REF: - MY HERBALIFE ID NUMBER W 1515355
APPLICATION DATE: - 14/08/2010
MY HERBALIFE INVOICE NO – W70012925 DT 30/08/2010

I Sri Debapriya Dutta would like to apprise you that, I had joined Herbalife India as on August 2010 & enlisted my name as Herbalife Distributor on behalf of my retired father by paying Rs 50000(Fifty Thousand) to purchase Herbalife Products.

I had planned that my father will look after the business in place of me & we will build a strong line as Herbalife Distributor. But unfortunately, my father got severe heart upset as on October 2010 & he is bed ridden at present & on the other hand I had invested Rs 50000(Fifty Thousand) to purchase the Herbalife Products vide my Herbalife Invoice Number – W70012925 dt 30/08/2010(MY HERBALIFE ID NUMBER W 1515355) by taking Loan from market at a very high interest.
From October 2010 to till date, I am continuously begging my Sponsor Mrs Runa Dasgupta to kindly appoint anybody in place of me & sold out my stock with the earliest & release me from the Loan burden. She helped me to sell out my stock amounting Rs 15000(Fifteen Thousand) till date. But the remaining stocks lying with me are very close to cross the expiry date. She fully turned back from the issue right at this moment. If I take retirement from Distributorship then, I will just get 10% refund amount of the total stock lying with me. At present, I am very close to lose Rs 35000(Thirty Five Thousand)
My condition is very pathetic being the only earning member of the family.

Kindly help me out in this regard. Is this a fair business practice?

I am awaiting for your kind consideration and soliciting your prompt action regarding the matter.

Thanking you,

Yours Faithfully

DEBAPRIYA DUTTA
9674080739

Replies

Date: 2012-02-06 17:46:04
Subject: SEVERE LOSSOF FUND
Reply: Dear Mr. Debapriyo Dutta,

This is a case of wrong business decision and consequently the loss is inevitable. we not be able to help you in the matter.

Thank you,

Divya
 

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