Peerless Securities Ltd
Mishandling of cash in trading account

I have a demat/trading account with Peerless Securities Ltd, Jalpaiguri Branch since 2008. Being an employee of a Pvt. Company, I didn't have that much time to visit their branch office & check my account frequently. Hence, I was doing the transactions (buying & selling shares) over phone & on good faith only. But very recently, when I checked my account balance, I was surprised to see that a lot of mysterious transactions (future trading, call/put option) were carried out in my trading account, without taking any consent from me. AND FOR THIS, I HAVE SUFFERED A HUGE LOSS OF RS. 94000/- IN TOTALITY.

These broking houses are playing with common man's money, just for the sake of earning 'BROKERAGE".

Can I expect some justice in this regard???

Company: Peerless Securities Ltd
Country: India

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