INDIA INFOLINE SECURITIES LTD
SHARE TRADED BEYAND MY MARGIN

Sir,

I am a small investor, and have an online treding account with INDIAINFOLINEBuilding No.-24, 1st Floor, Nirlon Complex, Off. Western Express Highway, Goregaon (E). Mumbai-400063 (sebi reg.no.-INB231097537).

ON 21/11/07 at about 9.56 a.m. I placed an order to buy 3 shre of BHEL at a price of 2635 against my cash margin of Rs.8019 (Rs. eight thousand nineteen only).due to mistake I put 2635 at the place of quantity, and their system instantly brought 2635 no. share of Bhel at cost of about 70, 000, 00.00 (seventy lakhs) (trede no.-12017 to12066). Naturely I thought that this is a technical mistake and would rectify in due time. But without rectify this mistake they sold this huge amount of share in lower pricce at 14;41 PM on the same day at Rs.2492 (avg) (Trede no:-2300784 to2449619).now they claim

Rs. 384466 (Rs.three lakhs eigthty foir thousand sixty six).

I cannot understand that without sufficient margin why they allow me such tredes.

I request you to guide and save me from this huge obligation.

thanking you,

yours faithfully, JAWHARLAL BANERJEE

751/1, ASHOKENAGAR

P.O.ASHOKENAGAR.

DIST NORTH 24 PARGANAS

PIN-743222

9434644730

Company: INDIA INFOLINE SECURITIES LTD
Country: India

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