[Resolved]  300 Shares Of Kotak Mahindra Bank — unfair trade practices by Angel broking ltd.

Respected sir,
I am mahesveri prasad rai from ghazipur city(u.p) .i am a on line client of Angel broking ltd. branch ghazipur. I was, on line registered in march 2008 and start my online trading from a cyber café, my code is vrns/blu080 and D/mat-Acc no.is[protected]. last time I have traded on 5th may 2008, and bought the 50 share of Kotak mahindra bank @880with full assurance that I have only this much for delivery, but on dated “08th may 2008” I have got a call from ghazipur branch of Angel broking that in my ledger balance sheet it shows 300 extra scrips of the same Kotak mahindra bank @865 =2, 59, 500, the same day at 5:30 pm I have phone to regional office of Angel broking Lucknow from a local P.C.O-no.[protected] to[protected] informed to mr.Ejaz& Mr.Ashwani about this problem and I have demanded for all my activity details (log details, contract details, client activity). Not only they make me fool they also delayed in sending my details. When I threaten them to move towards SEBI, so by this reaction they send my log details on 8th june 2008 & contract details on 17th june 2008 through internet on my mail id [protected]@rediffmail.com . in between this period from 8th may 2008 to 8th june 2008 they continuously threaten and mentally harrash me to pay the amount . After comparision between log and contract details, I found that there is a contradiction and on this basis I complain against Angel broking ltd. To SEBI & CNBC channel due to immediate effect of CNBC channel mr. Ejaz gave me a oral assurance on my cell no.[protected] on dated 24th july 2008 in evening-“ that we will not sold your any scrips till it comes to its original value and withdraw all your complaints from every were against us “ but due to continuous fall in the market the main office of Angel broking ltd. Mumbai sending me letter to pay the debit and starts charging the interest on the debit .
I have also given so many complaints letter to SEBI through internet, speed post, fax, through phone from 17th june onwards but I have not got any positive response from their side,
I honestly and truthfully accept, that my log details is true.and they have done unauthorized trade for their brokerage without my consent .
So, in this regard I heartly request you to please take a strict action and save me from continuous mental and economical loss. Also suggest me to take legal action against them.
With a hope of positive response from your side.
Thanking you
Mahesveri prasad rai
44/j rai colony
station road ghazipur(u.p)
mob. No.[protected]
mail [protected]@rediffmail.com
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Kotak Mahindra Bank
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    29%
    Complaints
    4806
    Pending
    0
    Resolved
    1326
    Kotak Mahindra Bank Address
    27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra, India - 400051
    View all Kotak Mahindra Bank contact information