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Religare securities : Miss use of power of attorney

This is a discussion on Religare securities : Miss use of power of attorney within the Stock Market forums, part of the Investment category; Dear Sir, I am a stock trader ,customer of Religare Securities Ltd.. Point No. 1 ] Sir , I have ...

  1. #1
    Unregistered Guest

    Default Religare securities : Miss use of power of attorney

    Dear Sir,
    I am a stock trader ,customer of Religare Securities Ltd..
    Point No. 1 ] Sir , I have deposited Rs.50000 for trading. After a loss of Rs.20000 they sent me a SMS to clear the debit amount. Immediately I called my RM and Manager of the company to know about the money to be deposited to clear the debit and also done so many mails to Religare Relationship Team but no reply was given to me except this that they will contact me shortly. But they sold my stock in loss of Rs.12000 (Total Loss =32000) with out giving me any information. I was very much shocked and called to them but they did not given me any reply for their fault .Before this so many times they misused my power of attorney and sold or purchased my stock ,now I am fed up of all these. What should I do now?
    Point No. 2 ] From very first day they have promised to install the trading software but they have not installed due to their personal problem. Software amount would be adjusted from my brokerage amount. After tree month they have installed the software & They have deducted trading software charges from my account and now they are not adjusting this charges from my paid brokerage, as they have promised me to adjust the same from my brokerage due to their mistake.
    Please help me.
    From:-
    Manisha Mailk
    Client ID:-MM6065
    Phone no:-9560102418

  2. #2
    Religare is offline Junior Member
    Join Date
    Jun 2010
    Posts
    21

    Default

    Dear Manisha,

    We hope your case is settled and resolved. Please confirm.

    For further assistance, you can write to us at wecare@religareonline.com

    Regards,
    Team Religare

  3. #3
    danielharris is offline Junior Member
    Join Date
    Jun 2011
    Posts
    1

    Default www.stockprofessors.com

    Dear, Manisha

    You have to go for police station immediately to issue a F.I.R. You should also contact Finance Ministry. Thanks for sharing.

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