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Old 19-02-09   #1
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IIPM scam ! plz help anyone :(


Well...
its a very disheartening incident that has happened with my 2 friends.

they had done their BMS (Bachelor in management studies) degree from Mumbai university. after BMS, they decided to persue the next big indian dream "MBA".

for that they took a year off and prepared for cat/xat/cet/n-mat and wat not, but due to strong competition at all points decided to go for private institutes like ITM, IIPM etc.

now the thing is that,

they got selected @ IIPM last week. too nervous to take any more chances with the entrance examinations race, they 'in a hassle' decided to join IIPM and paid the initial amount of 40000 rupees (2 ppl paid makes it 80k) each which IIPM says its non refundable.

now the thing is that i got to know about all these things and suggested them to get as far as they can from this ponytailed institute.

(they are not too rich, they were actually seekin loan to get into that institute)

but again let us now laugh on someones mistake !


main question

now as IIPM says that the 40000 rupees money given to them is non refundable, isnt there any way i can help my friends get it back.

they are actually from a middle class family.

all of you who here are apt to give technical solutions to all who seek help from you....

Kindly for this just one time... HELP my friends.

how should we approach IIPM asking them to give us a refund for something they said to be non-refundable...

plz HELP.

ur some good initiative can save a persons career as well his/her fathers hard earned money.

kindly HELP
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Old 19-02-09   #2
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Re: IIPM scam ! plz help anyone :(

u can actually, contact a good lawyer , if you are from around delhi, pm me and i will tell you who to meet in this regard.....
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Old 19-02-09   #3
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Re: IIPM scam ! plz help anyone :(

Originally Posted by jackdowsan View Post
u can actually, contact a good lawyer , if you are from around delhi, pm me and i will tell you who to meet in this regard.....
i know him.

the case here involves IIPM Mumbai (Khar), i believe.
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Old 19-02-09   #4
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Re: IIPM scam ! plz help anyone :(

last year i read in newspaper that , this iipm associated with aridnam choudhary has not been registered with U.G.C and the foriegn university that it say its tie ups are with , is also not registered with its own country commission (like U.G.C in our country). so beware of any private university or college.
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Old 19-02-09   #5
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But , what help would it be , if its mentioned in the prospectus and other docs that the amount is non-refundable ?
However , in case they didnt get admission in ne other college , IIPM's ain't that bad ... I mean , u can be assured an average package of around 4L when u graduate

Woot are their %iles in CAT , SNAP ? I may be able to suggest sm other college
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Old 19-02-09   #6
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Re: IIPM scam ! plz help anyone :(

Hey the Title is wrong - its no Scam. Students are known to be finicky and will keep hopping around colleges without having an idea about which is good or bad. Colleges need to know how many seats will be there before them can start courses and make staff commitments. So its generally mentioned that such fees are non-refundable. Your friends were desperate.

I've never liked IIPM and Arindham(they've photoshopped his picture to some kind of glowing angel face)

In any case, you can make a request and they can consider. I dont know if a lawsuit would work. Its like you buying a product, not liking it and returning it when there is no return policy and the product is working fine - no lawsuit will work.

Ask the Higher up Officials of the college. No other go, it looks like.
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Old 19-02-09   #7
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Re: IIPM scam ! plz help anyone :(

Ok.. Assuming we get the deposit money back from IIPM. Then what? Do your friends have other choices? If they are going to land in another private institute, is the new one better than IIPM?
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Old 19-02-09   #8
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Re: IIPM scam ! plz help anyone :(

I would advise you and your friends to inquire about the institute and then take a step, last I heard its not so bad as they are openly advertising the list of selected students in newspapers etc, although I also don't like arindam but thats besides the point.
don't act in a hasty situation as the money is already deposited as such. but if your friends are still bent on taking their money out then inform them that the law takes its own course the advocate will ask for his fees, filing charges etc and it will not be refended to them in a hurry.
also directly email arindam if you can telling him that the friends of yours have got some other course lined up and are not rich so will he oblige in getting the amount refunded? tickle his ego somewhat...and request is the best approach..
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Old 19-02-09   #9
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Re: IIPM scam ! plz help anyone :(

If it is documented in the brochure or equivalent that admission fees will not be refunded then legally i dont think you stand any chance. Please refer to this ruling wherein a similar case was dismissed from court because the refund facts were as mentioned in the admission literature.

IN THE HIGH COURT OF DELHI AT NEW DELHI
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Old 19-02-09   #10
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Re: IIPM scam ! plz help anyone :(

Y do you suggest them to get away from IIPM?.only Arindam has a ponytail , not the institute .
Do they have calls from any other institute? if not, i would suggest go ahead with IIPM..i know of frnds who have completed MBA from this institute and salaries are not hi flyers, but just decent.

No point in wasting another year!!
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Old 19-02-09   #11
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Re: IIPM scam ! plz help anyone :(

abe dinesh u wanted to join IIPM na ??
hope that u are safe from this
Originally Posted by Dinesh_Malhotra View Post
i know him.

the case here involves IIPM Mumbai (Khar), i believe.
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Old 21-02-09   #12
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Re: IIPM scam ! plz help anyone :(

How did they pay up 40k in the first place without reading more or trying to contact some closed ones for some more info.???

Well, now, I am afraid that not much can be done, e-mailing Arindham, as some guy said, is going to be a total waste, so is going to the court, for obvious reasons!!!

I would suggest that your friends continue to IIPM and hope for the best, as I really, FRANKLY, do not see any other solution...

Would've had loved to help in more ways, but honestly, there isn't any other solution to this, as wasting 40k, which can't be saved barring a miracle, is useless...
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Old 21-02-09   #13
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Re: IIPM scam ! plz help anyone :(

Arindham is just a posterboy. He'd be the last person to help you.
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Old 23-02-09   #14
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Re: IIPM scam ! plz help anyone :(

how come this is a scam??
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Old 02-10-09   #15
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Re: IIPM scam ! plz help anyone :(

hei IIPM is not that bad as a private MBA institute.. If u r comparing with inst like IIM IBS n all dat then obviously it wil not come in scene..bt wen ur frnz dint get into those then IIPM is not a bad option.. they have a vry good faculty structure.. u can really learn frm IIPM if u want.. n abt recognitn if u r not looking for a govt job then it will not affect as becoz u will get job for sure if u hv passed out n if u hv proper knowledge..industry needs quality people nt student frm recognised inst..
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