Inconsumercomplaints.com » Miscellaneous » Review / complaint: 300 Shares of Kotak mahindra bank - Unfair trade practise by Angel broking ltd | News #37630

300 Shares of Kotak mahindra bank
Unfair trade practise by Angel broking ltd

Respected sir,

I am mahesveri prasad rai from ghazipur city (u.p).i am a on line client of Angel broking ltd. branch ghazipur. I was, on line registered in march and start my online trading from a cyber café, my code is vrns/blu080 and D/mat-Acc no.is1203320002600480. last time I have traded on 5th may and bought the 50 share of Kotak mahindra bank @880with full assurance that I have only this much for delivery, but on dated “08th may” I have got a call from ghazipur branch of Angel broking that in my ledger balance sheet it shows 300 extra scrips of the same Kotak mahindra bank @865 =2, 59, 500, the same day at 5:30 pm I have phone to regional office of Angel broking Lucknow from a local P.C.O-no.05482222948 to05223057717 informed to mr. Ejaz& Mr. Ashwani about this problem and I have demanded for all my activity details (log details, contract details, client activity). Not only they make me fool they also delayed in sending my details. When I threaten them to move towards SEBI, so by this reaction they send my log details on 8th june & contract details on 17th june through internet on my mail id [email protected] . in between this period from 8th may to 8th june they continuously threaten and mentally harrash me to pay the amount. After comparision between log and contract details, I found that there is a contradiction and on this basis I complain against Angel broking ltd. To SEBI & CNBC channel due to immediate effect of CNBC channel mr. Ejaz gave me a oral assurance on my cell no.09935408481 on dated 24th july in evening&-ldquo; that we will not sold your any scrips till it comes to its original value and withdraw all your complaints from every were against us “ but due to continuous fall in the market the main office of Angel broking ltd. Mumbai sending me letter to pay the debit and starts charging the interest on the debit.

I have also given so many complaints letter to SEBI through internet, speed post, fax, through phone from 17th june onwards but I have not got any positive response from their side,

I honestly and truthfully accept, that my log details is true.and they have done unauthorized trade for their brokerage without my consent.

So, in this regard I heartly request you to please take a strict action and save me from continuous mental and economical loss. Also suggest me to take legal action against them.

With a hope of positive response from your side.

Thanking you

Mahesveri prasad rai

44/j rai colony

station road ghazipur (u.p)

mob. No.0993540848

mail [email protected]


Company: 300 Shares of Kotak mahindra bank

Country: India

Category: Miscellaneous

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