[Resolved]  India Infoline Limited — Misinterpretation of facts- A case of fraud

Address:

North 24 Parganas, West Bengal

Dear Sir/ Madam

This is for information that I had requested one, Mr. Mr. Mritunjoy Das(RM, India Infoline Ltd.) of your Kolkata office to reduce the brokerage charges, however he informed that the brokerage charges could not be reduced due to low volume of trading. From my side I understood that the chapter is closed.

Surprisingly, I noticed that a sum of Rs. 5515/- has been charged to my trading account on 28.03.12. On enquiring about the same from Mr. Das, I came to know that the amount is charged for value added service.

You will observe in my trading statement that I am not a high volume trader as such requesting such services is totally out of question moreover I have not used the mentioned service till date as I was unaware about the same.

On threatening of your people that they will sell my holdings in order to realize the amount, finding no other option, I paid the amount which is again a breach of trust and blackmailing for a matter, I am not liable in any manner.

It is very disappointing to experience such episode and it seems your Kolkata office is badly mismanaged.

Requesting you to kindly intervene into the matter to resolve the issue so that my hard earned money is not drained away due laxity of your people at Kolkata office. Moreover as informed by your Kolkata office vide letter no. IIFL/BSE/100512-B/92 dated 24.05.2012 I am enclosing herewith the ‘Account Closure Request Form’.

My only intention to write you is that being Chairman of such renowned Company, you should be aware about your peoples wrong doing and the way they drag down the image of IIFL.