[Resolved]  Indiabulls Securities Ltd — Selling of F&O position without confirmation and default

I AM WRITING THIS COMPLAINT TO YOU AFTER ZERO % REPLY FROM COMPANY
> > ( INDIA BULLS ) SIDE I AM WITTING THIS MAIL FROM PAST 04 MONTHS AND TILL
> > DATE NOT RECEIVED ANY PROPER RESPONSE OR SOLUTION TO MY COMPLAINT.
>
> > ON 2ND JAN 2008 I RECEIVED MARGIN CALL FOR MY TRADING CODE DD316 AND
> > IMMEDIATELY I PAY 20 LAKHS FROM MY HDFC BANK ACCOUNT IN THE FORM OF NET
> > BANKING FUND TRANSFER FACILITY.I MADE THIS ENTRY BEFORE MARKET OPENING
> > ON SAME DAY AND AFTER THAT AT 11.15AM WITHOUT MY CONCERN AND WITHOUT MY
> > KNOWLEDGE AND INFORMATION MY PORTFOLIO SQUARED OFF FROM INDIA BULLS
> > HEAD OFFICE RISK MANAGEMENT DEPARTMENT IN JAN F&O EXPIRY.BECAUSE OF
> > THAT SQUARED OFF I SUFFER HEAVY LOSS IN MY ACCOUNT.
> > DESPITE OF MY SEVERAL REQUEST MY PORTFOLIO IN F&O HAS NOT BEEN
> > RESOLVED.KINDLY INSTRUCT INDIA BULLS TO PAY LOSS OF MY SQUARED
> > POSITION OR PAY THE AMOUNT OF HIGHEST RATE IN BETWEEN THESE TRADING
> > DAYS OF SQUARED POSITION IN JAN F&O. my future
positions of jan expiry were squared off despite of sufficientmargin money in my
account. In my above said emails i had requested you to restore my jan future positions
so that i can sqaure off the same at my own accord.But you have not responsed
till now.
KINDLY INSTRUCT INDIA BULLS TO PAY LOSS OF MY SQUARED
> > > POSITION OR PAY THE AMOUNT OF HIGHEST RATE IN BETWEEN THESE TRADING
> > > DAYS OF SQUARED POSITION IN JAN F&O.


>
> > REGARDS
> S ATISH SONDHI
> > DD316