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Trade without authorisation

This is a discussion on Trade without authorisation within the Stock Market forums, part of the Investment category; March 5, 2009 To, Mr. S.L. Crasto, Manager Bombay stock exchange Ltd. Floor 25, PJTowers, Dalal street, mumbai-400001. cc: The ...

  1. #1
    Gaurav Mittal Guest

    Default Trade without authorisation

    March 5, 2009


    To,
    Mr. S.L. Crasto,
    Manager
    Bombay stock exchange Ltd.
    Floor 25, PJTowers,
    Dalal street, mumbai-400001.


    cc:
    The Legal & Compliance department
    M/S Indiainfoline Limited.
    75, Nirlon Complex, off Western Express Highway,
    Goregaon (E), Mumbai-400063,


    Ref complaint No. 200902/112 dated 19 February, 2009 & Ref No. 5118 dated 17.09.08.

    Sub: Trade without authorization in MITTGAUR on 08.09.08.


    Dear Sir,

    This is with reference to your letter no. IIL/BSE/250209-A/225 dated 28.02.09. In this regards I have not agreed with my Broker (Indiainfoline) as follow:

    1. You (Indiainfoline) have purchased 15 shares of Areva T & D on 8 September 2008 without my authorization & without sufficient balance & I have also made various complaint as under:

    Compliant to Relationship manager on 11.09.08 (telephonic)
    complaint to customercare no. 5118 dated 17.09.08
    complaint to customercare on dated 17.09.08 & 22.09.08 via Email.
    complaint to customercare (Ms. Sumita) dated 07.10.08
    complaint to customercare (Ms. Vishaka) dated 13.10.08
    complaint to customercare (Ms. Anjali) dated 14.10.08
    complaint to customercare (Ms. Nila) dated 21.10.08
    complaint to customercare (Ms. Anjali) dated 18.11.08
    complaint to Mr. Prasan on dated 18.11.08 via Email.
    complaint to Branch Manager on dated 21.11.08 & 02.12.08 via Email.
    complaint to customercare (Ms. Nila) dated 03.12.08
    complaint to Territory Manager Mr. Sandeep Arora on dated 29.12.08 & 05.01.09 via Email.complaint to customercare (Ms. Shweta) dated 19.01.09
    complaint to customercare on dated 17.09.08 & 22.09.08 via Email.
    Numbers of telephonic complaints by phone.
    Complaint in Customer Complaint register at Branch office.

    Every time you (indiainfoline) assure me that my complaint will be solved within a week & I am very surprise for your comment that trade was made by me wide letter dated 28.02.09. I request you please check the record & give the positive response.


    Kindly note I am not satisfy with you & wait for your positive response.

    Thanks



    Gaurav Mittal
    Client ID “MITTGAUR”
    SE-617A, Shastri Nagar,
    Ghaziabad-201002
    9818437820.






    Flag this message
    Re: Re: Wrong Trade in MITTGAUR
    Tuesday, 18 November, 2008 2:20 PM
    From:
    "gaurav mittal" <mittal_gorav@yahoo.com>
    Add sender to Contacts
    To:
    prasan@indiainfoline.com
    Cc:
    info@5pmail.com


    Dear Sir,

    A lot of time has been spend on this matter but till today i have not received any positive response from your side & i request you please solve this matter on priorty otherewise i will move to NSE/ SEBI & NSDL because i have no option.


    --- On Fri, 3/10/08, info@5Pmail.com <info@5pmail.com> wrote:
    From: info@5Pmail.com <info@5pmail.com>
    Subject: Re: Re: Wrong Trade in MITTGAUR
    To: "mittal_gorav@yahoo.com" <mittal_gorav@yahoo.com>
    Date: Friday, 3 October, 2008, 1:20 PM
    Dear Sir/ Madam,

    We apologize for the delay in response.

    With regards to your mail for the login id:MITTGAUR kindly note that we had a
    telephonic conversation with your Relationship Manager Mr.PAWAN KUMAR he will
    keep in touch with you shortly.

    Untill then we expect your kind cooperation with us.

    Assuring you of the best of our services at all times. Please get back to us
    for any clarifications.

    Warm Regards,

    S.Shanmughapriya.

    "You can now place After Market Orders (AMO) from your Trader Terminal
    like any other normal order between 5 pm to 8 am."




    CASE :- 331813

    Dear Sir,

    Kindly tell me how long i have to wait bcoz i did`t any response from your
    side till today.

    --- On Mon, 22/9/08, info@5Pmail.com <info@5pmail.com> wrote:


    From: info@5Pmail.com <info@5pmail.com>
    Subject: Re: Wrong Trade in MITTGAUR
    To: "mittal_gorav@yahoo.com" <mittal_gorav@yahoo.com>
    Date: Monday, 22 September, 2008, 10:46 AM


    Dear Sir/ Madam,

    Thank you for your mail.

    With reference to your mail, Kindly note that we had a talk with your
    Relationship Manager regarding wrong trade done your account dated on
    08.09.2008.

    Please note that your Relationship Manager Mr. Pawan Kumar will contact you
    soon and do you the needful regarding wrong trade.

    Further note on 16.09.2008 trade was done by Risk Management System due to blow
    risk cover in your account and bring your account for normal trading.

    Assuring you of the best of our services at all times. Please get back to us
    for any clarifications.

    Warm Regards,

    Siva

    "For a quicker response to your queries, please post them through our
    Trader Terminal by clicking "Help Desk".


    CASE :- 325866

    Dear Sir,

    This confimation is wrong. I am already intimate to your RDC office & your
    customer care on dated 11.09.08 to Ms. Shashi & on dated 17.09.08 to Ms.
    Shilpa over phone for wrong buying of Abiva TNT on
    dated 08.09.2008 & selling on dated 16.09.08. You are requested to please
    check this matter & remove
    it.

    You are requested to please send the corrective statement.


    vite/"Invite
    them now.

  2. #2
    madhuni Guest

    Smile 0n 1/10/2010 some one had traded without knowing me client id madhuani name madhukar

    0n 1/10/2010 some one had traded without knowing me client id madhuani name madhukar s nilmani

  3. #3
    santosh_leena is offline Junior Member
    Join Date
    Dec 2011
    Posts
    3

    Default Unauthorized trading byBMA wealth creator noida br

    I had opened a demat account with BMA wealth creator noida branch by paying rs. 5000 as advanced brokerage paln in the month of december-11.I had hardly done 6-8 transaction in the account when suddenly in december -january an unauthorized trading took place in my account.They took confirmation for 2-3 lot of nifty future but they traded in 10-15 lot of nifty without my knowledge .
    I complaint branch manager mr.vipin bhardwaj and area manger mr.amit mittal
    More than solving the problem, they were interested not interested in my matter.
    after some days they never picked my phone.
    I expect an immediate and positive action from your sidein order to protect the consumer 's intrest

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