Report No. 143
2.6. The alarming revelation.-
It appears from the foregoing study that a large section of the depositors whose deposits remained unrefunded, belongs to the category of small depositors i.e., whose deposits range is below Rs. 11,000. There is reason to believe that these small deposits remained unrefunded mainly because the small depositors cannot afford to knock the doors of the competent authorities for proceeding against the concerned companies on account of the time-cost and the money-cost involved in the exercise and the companies take advantage of the helplessness of these small depositors.