National Stock Exchange — Improper process to handle claims against expelled members - Unicon Securities Pvt Ltd

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New Delhi, Delhi

From last 10-11 months I am following up with NSE, Delhi and NSE Defaulters Committee Section to get my claim amount. After Unicon (Unicon Securities Pvt Ltd) got defaulter I filled a complaint with NSE and then after all discussion and proof submission they told called me up and told that we are going settled amount according to today's market price and you will receive the amount in 30 days. I said Okay. After waiting for long, I tried communicating them and get to know that now I have to follow up with NSE Defaulters Committee Section, Mumbai. They also asked for some proof and I submitted all in hard copy (attested photo copies). Also I submitted the holding statement which was provided to me by Unicon with their Stamp. I submitted all this in month of Jan-2015. After that I called them monthly once and they told me that it will take some but it will be done. Now 2 days back (Aug-2015), I am getting a letter from them (which is dated Mar04, 2015) and they are asking me to submit the proof again. This is really disappointing. I dont know what kind of process they are following. Now I am tired of following up with them. My claim is all about 12 shares of Tata Motors, for which I have already submitted the proof.