Sub-broker dealership Sub-broker dealership

5 years ago

I was solicited by Mr Vineeth of **** Securities to be a sub-broker with their firm. The charges he informed me was 299 for demat account, equity registration 4720, and mcx 1180. I made the payment of 299 on 14th September and 4720+1180 on 24th September. I also sent supporting documents to their firm by speed post which Vineeth said they have not received. However the postal department said that it was accepted by them. As of now it is more than a month and I do not have the demat account, they have said that they have missed Rs 1180 payment in their system. Vineeth is now out the company and I have not been getting clear updates. I would need a refund as they come across as severely incompetent. I am from Kerala and the office is Bangalore. Can this be termed as an online fraud.

Kishan Dutt Kalaskar

Responded 5 years ago

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A.Get issue legal notice to both of them.
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Anand Nelson

Replied 5 years ago

Thank you, Sir.

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ARPIT BATRA

Responded 5 years ago

A.Send a legal notice initially.
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Anand Nelson

Replied 5 years ago

Thank you, Sir.

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Vidhi Samaadhaan Vidhi Samaadhaan

Shanti Ranjan Behera

Responded 5 years ago

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A.Dear Client,
First, get the Print out of the Tracking of SPEED POST delivery status which can be produced as an evidence.
Keep the Bank Statements/ Money transfers from your Bank Account to their Official Account
First, Send a Legal Notice through an Advocate
Second, bring it to the Notice of their Regional Office and head office.
Third, file a case in Consumer Court.

Shanti Ranjan Behera,
Advocate
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Anand Nelson

Replied 5 years ago

Thank you, Sir.

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Deepak Yashwantrao Bade

Responded 5 years ago

A.Dear client kindly issue legal notice through any experienced local lawyer.you can complaint into consumer forum against his firm.kindly go through lawyer.
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Anand Nelson

Replied 5 years ago

Thank you, Sir.

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Rameshwar Dadhe

Responded 5 years ago

A.Send legal notice through lawyer
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Anand Nelson

Replied 5 years ago

Thank you, Sir.

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Rameshwar Dadhe

Replied 5 years ago

Welcome sir

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