To, Viveg vig, Saurabh Shukla through Consumer complaints form
Dear sir,
Having written series of mails to you as well as Your compliance cell, at your personal email ID regarding irregulaties no response has been received from your end so far ;
My grievence is as follows-
As I have already explained to you through E mail, that I have no basic knowledge of trading and simple reason to register was "ESOPS "which is being provided by my current company (L&T) as a part of my Salary.
I never wanted to do trading, But Destimoney provided RM (Sunil mishra and Mr. Arvind Kumar) requested me and started trading on behalf of me.
Initially, when I got reports of trading, I discussed my RM, Sunil kumar & Arvind Kuamr. Regional Manager, assured me about the reports saying that "These reports are very complex to understand and be assured every thing would be fine" Every time when I asked him to about trading he used to say same word, Being a little knowledge in trading I left every thing on him,
Since I do not have any knowledge I totally dependent on them and fully had faith in them, that is very much known to them also and that is why they became so confident to do any thing they wanted., They made me scape goat that is very much clear, if you really referred the report of tradings in "FUTURE &OPTION". You must have find that the maximum trading and loss was done due to F&O trading, I would like to ask destimoney, with whom permission that was done, Would you please provide me the "Recorded acceptance " taken from me, Generally, as a nominal practice, any company who trades on behalf of any client takes their " Recorded permission/acceptance" prior to do any trade, Had I known about the loss, would I not have stopped immediately, Why I had loss after loss despite knowing that some thing was going wrong. How one can sustained if he is aware??
Secondly, I assume that destimoney must have the "Recorded message of Acceptance" for verification and must be preserved to verify at any time by client or for other reasons, Would Destimoney provide this for verification??
If available, please submit the same to me, Beacuase I am still denied that no accepetance was taken from me regarding trading done on behalf me. They done your their own brockrage.
if you can provide me the evidence, I would be more than happy or ready to accept the claims made by me are baseless.
As your compliance claimed, but failed to provide the evidence in support of their claim, is contrary to claim that every thing was known to me because, if it was so, Why your Mr. Sunil kumar, and Mr. Arvind Kumar use to come to my office and requesting me to do trading again and assured me to compensate my loss by F&O trading (Refer my mail dated 2/6). Which is self explanatory and Clarify that some extent your Officer accepting the irregularities made by them. Why your officers are requesting me not to mail to top management, while they are ready to sort out the matter with them. (If you ask me the proof, I do not have, Since I have not recorded facilities with me) Again I am emphasized that for their own brokerage Mr. Sunil did F&O trading with Mr, Arnind Kumar to put me in heavy loss,
Again Compliance reply / claim that company is paying full attention on my case and my claim is totally false, I would like to ask you that, Is it not true besides my repeated mails to you and your management, none of you turned up except one mail which was marked to to SEBI as my last step to get response?? (Refer my trailing mails)
In Compliance 's reply taht I got handsome profit up to April I would like to ask where the same profit gone?? (Refer the Destimoney 's Records)
I got 550 nos (First lot in Nov) of L&T shares and the total amount of that lot was around Rs-9, 04, 000.00 (Nine lacs four thousand) and amount transferred in my account is Rs 8, 45, 000.00 (eight lacs, forty five thousand only), ie. approximate rs 50, 000 less,
Again, I got 550 nos (Second lot in Feb), out of them now 450nos are available right now, Where 100 nos of L&T shares worthing Rs 1, 65, 000.00, Nothing transferred.
Where is the that my original amount gone (Except some 25 nos of BF shares and 1000 nos of Emmbipoly shares available)
Is this not indicates any irregularities??
I am surprised to note that despite to look in to the matter seriously, Compliance hurriedly came farward with no facts just to bury the matter when the mail was marked to SEBI.
I am requesting the Destimoney management to look in to matter, and at least respond me, what ever the findings, However, because of this reason, breach of faith, I have got transfred my all shares in other securities.,
GDS
Trading ID -GS071
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