[Resolved] IndiaBulls — Loss due to negligence of operators. | |
Dear sir, I am a day-trader and do the trading in Indiabulls account. About 4 months back i.e. on 15.10.2007, I sold shares of SAIL in Intraday and asked the operator to put a stop loss. The operator put the stop loss wrongly and consequently, it did not hit. The operator did not even check or inform me and at the end the day the shares were squarred off (bought) at a very high price resulting in a loss of more than Rs. 20,000/- Since the last four months, I have been pursuing with helpdesk Indiabulls and my relationship manager for the complaint ref. no.'Indiabulls=[protected]' SAIL Issue. But now they are not responding to mails at all. Why should I suffer this hefty loss for I am not at all responsible. Is there anybody to help me out. I asked to send me the contract note of 15.10.2008 even respond to it. Thanks, S.K.Sachdeva Indiabulls Client ID 32320 Was this information helpful? | |
Aug 13, 2020 Complaint marked as Resolved | |
 2 Comments | |
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HARASSMENT & TORTURE BY INDIABULLS TO EXTRACT EXTRA MONEY.
I had taken personal loan from Indiabulls of Rs.25, 601/- on 25/5/2007 and repaid Rs.22600/- but just default in one of my EMI of Rs.1800/-, Indiabulls misused my blank security cheque by filling false amount of Rs.28, 249/- and they also misused my blank signed loan agreement by filling false figures of 30 installments instead of 24 (Usurious rate of interest more than 60 % p/a.), denied the receipt of some amount debited from my bank. Even though I tried to settle the dispute by offering reasonable amount pending principal amount and interest amount but to extract extra money from me Indiabulls has filled bogus cheque bounce case against me in Patiala House Court, New Delhi. As it is tough to defend the false cheque bounce case traveling from Mumbai to Delhi, Indiabulls forcing me to pay Rs.33208/- plus uncharged interest. To extract the money company filled thousands of cheque bounces cases in Delhi Courts. In spite of my several complaints to RBI against India bulls, RBI not taking the matter seriously and protecting Indiabulls by neglecting all my complaints. The whole system is working with Indiabulls. To earn huge money Indiabulls bring the thousands of poor borrowers to suicidal point. Financial Company openly violate the fair business practice guidelines given by RBI.
[protected]@gmail.com [protected]
LINK:- http://www.mid-day.com/news/2009/feb/020209-Indiabulls-Securities-Limited-investors-Delhi-news-alleged-fraud-selling-shares-without-in...⇄
I had taken personal loan from Indiabulls of Rs.25, 601/- on 25/5/2007 and repaid Rs.22600/- but just default in one of my EMI of Rs.1800/-, Indiabulls misused my blank security cheque by filling false amount of Rs.28, 249/- and they also misused my blank signed loan agreement by filling false figures of 30 installments instead of 24 (Usurious rate of interest more than 60 % p/a.), denied the receipt of some amount debited from my bank. Even though I tried to settle the dispute by offering reasonable amount pending principal amount and interest amount but to extract extra money from me Indiabulls has filled bogus cheque bounce case against me in Patiala House Court, New Delhi. As it is tough to defend the false cheque bounce case traveling from Mumbai to Delhi, Indiabulls forcing me to pay Rs.33208/- plus uncharged interest. To extract the money company filled thousands of cheque bounces cases in Delhi Courts. In spite of my several complaints to RBI against India bulls, RBI not taking the matter seriously and protecting Indiabulls by neglecting all my complaints. The whole system is working with Indiabulls. To earn huge money Indiabulls bring the thousands of poor borrowers to suicidal point. Financial Company openly violate the fair business practice guidelines given by RBI.
[protected]@gmail.com [protected]
LINK:- http://www.mid-day.com/news/2009/feb/020209-Indiabulls-Securities-Limited-investors-Delhi-news-alleged-fraud-selling-shares-without-in...⇄
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I am a day-trader and do the trading in Indiabulls account. About 4 months back i.e. on 15.10.2007, I sold shares of SAIL in Intraday and asked the operator to put a stop loss. The operator put the stop loss wrongly and consequently, it did not hit. The operator did not even check or inform me and at the end the day the shares were squarred off (bought) at a very high price resulting in a loss of more than Rs. 20,000/- Since the last four months, I have been pursuing with helpdesk Indiabulls and my relationship manager for the complaint ref. no.'Indiabulls=[protected]' SAIL Issue. But now they are not responding to mails at all. Why should I suffer this hefty loss for I am not at all responsible. Is there anybody to help me out. I asked to send me the contract note of 15.10.2008 even respond to it.
Thanks,
S.K.Sachdeva
Indiabulls Client ID 32320