[Resolved]  India Infoline Limited — CHEATING BY INDIA INFOLINE TO ITS CLIENTS

Address:

Hamirpur, Himachal Pradesh

Dear sir, 01/02/2011

there are certain rules and regulations of NSE /SEBI which are followed by every stock brokers but INDIA INFOLINE is cheating its clients in the following manner

1 NSE reduced transaction charges from 01/09/2009 but IIFL is charging old rate
which higher by 0.25%

2 I[censored] pay the cheque to IIFL FOR CLEARING debit dues and for any technical reason it
returned unpaid IIFL debit 500/- for it.though it is already charged by your banker.

3 the interest charging by IIFL on debit balance is 24% but actually when it is
calculated as per bank norms it comes out to be 30%

4 NO OTHER BROKERING FIRMS ARE CHARGING INTER SETTLEMENT CHARGES
BUT IIFL CHARGING IT FROM 100/- PM TO 250/- PM

5 NO BROKERING FIRMS ARE CHARGING CDSL CHARGES BUT IIFL CHARGING IT FROM 50/- PM TO 150/- PM

6 Even complaining to NSE no action was initiated as IIFL manage NSE AUTHORITY
and always obliging them

7 IIFL is collecting excess taxes fixed by NSE but remitting to NSE as per prescribed rate
and thus cheating customers.name of taxes are TRANSACTION CHARGES,SECURITIES
TRANSACTION CHARGES AND REGULATORY CHARGES