It started with the passing away of my father. Karvy consultants(Baroda ,Gujrat) were managing and are managing the account for (Erstwhile IPCL psu undertaking merged with TIL now)RIL of which we have 540 shares. Now we started the process to transfer the name to my brothers ownership who was the official nominee in the folder for my father. First of all they took some months saying its in process and all(end of 2006) then suddenly one day they showed a typo in the pan card copy, submitted as documental proof for my brothers transfer of ownership in the share portfolio.

We tried to get it changed by NDSL which makes the pan cards however know that how it is with them so it got delayed too . Meanwhile we submitted other proofs to Karvy which were more than enough to prove that my brother is the one named in the nominee column. Still there was no response towards closure of the issue from karvy. RIL backoffice did not take interest and still sent the dividend cheques in my Late fathers name which we could not deposit due to lack of a account after his death.

This went on till first half of 2007 and then they said that the process has begun but we have to get another account with another share investment firm for transfer of the shares. This went on for a few months and we get a news that the name will be transferred to my mother's as per HUF law.

Coming into 2008 we submitted the Death certificate again with my mother's documents and other proofs but to no avail. Still the same issue of non transference.
We were able to open a account with another firm for the demat. Then we re initiated the transfer into my brothers' name. They said it will be done.However we still wait in end of 2009 for them to either transfer it to my mother's name or my brothers but they are intentionally stopping us for reasons unknown to us.
Karvy was blacklisted in the last couple of years for dubioous reasons in its handling of sebi norms and inside trading.

Is there a way out, we all know how long it will take in a civil court if we go fight it out.Does there exist a fast court or something. We were planning to go to media but thought to look over for help here.

Thanks.
Abhishek
Baroda.
Gujrat