Inconsumercomplaints.com » Miscellaneous » Review / complaint: IndiaInfoLine - Unauthorised trading in my demat a/c | News #321777

IndiaInfoLine
Unauthorised trading in my demat a/c

Respected Sir,

I am Prateek Pathak. My Client ID – PathakPR. I have a online demat a/c in IndiaInfoline, Padav Branch gwalior (m.p). Sir, there has been unauthorised trading between 25-05-08 to 04-06-08. I got the information of this unauthorised trading on 06-06. I called in the Branch and made to enquiry. They denied for any kind of trading. But i explained them that I had not used my terminal from my home, because my sister gave birth to a baby and suie 25-05-06 to 05-06-07.I was busy at the hospital.

When I told about this fact to Branch Manager, they explained that it might be a mistake. BM replied me that he would get it removed. He told me that trading had been made in PATHAKPR is place of PATHAKRAJ. I obo made been a written complaint Bm Satisfied me by saying that he got this stock transfer. But till now the stock had not been transferred but due to this reason, i am being Sold BY HO.

After this branch Manager told me that Branch would bear the burden of loss. But till, that stock is in my accounts and my networth is decreasing day to daybecause of networth Sold By Ho.

The mistake which was made by Branch, now they are explaining that there had no unauthorised trading.

I have obo put this matter before TERRITORY MANAGER & Customer greivances by phone & email but TERRITORY MANAGER is not ready to accept the existence of unauthorised trading in my A/c.

Since one month, I am going to get justice, but now whole Branch being one, is putting pressure on me & threatening me to do whatever I can, they will see me.

They are threatening that nothing would be done in my care & if i took any further step in this regard, they will close my Dmate A/c. Whatever Stock is my a/c, They are show as SOLD BY HO & keep all the money with them.

Before some time, when my a/c was newly opened, than i obo mailed against PADAV BRANCH on drop box at IndiaINfoline site. The reason was that i gave application for online a/c but my application had not been accepted over after 10 days. As a reply of my mail M.D of IIL Mr. Nirmal Jain did a return mail and ordered to BM & ARM to sign an exit letter.

Than Bm obo called to me favour of TM & BM & obo thanked Mr. Nirmal Jain for his outstanding support. So it may be, that now they want to take revenge provge.

1. I have obo my Dmate a/c is an another branch. My family members & my friends obo have a/c in city centre branch of IIL, but in their a/c at IIL. There has been no mistake.

2. Bm is convaying message me to forget all matter & advising me to fill the NBFC –form. He said me all the formaility of the NBFC-form completed with in 2 days .than you have not daily the SOLD BY HO.

Regards

Prateek pathak (cell no..09827550301)


Company: IndiaInfoLine

Country: India

Category: Miscellaneous

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