[Resolved]  India Infoline Limited — Transfer of shares and trading in my name without my consent with Indiainfoline trading account and Demat account.

Address:

South West Delhi, Delhi

Dear Sir/ Madam,

This is complaint against the above stated company, who is holding my demat account as well as trading account and the only information provided by the company is ID-RENUJA94.

The brief of my complaint is Mr.Lalit Sharma ,who was working with ICICI bank pursued me to open account with ICICI Bank with Demat number [protected]DP ID-IN302902) and shares from physical form converted to demat.

Thereafter above stated Mr. Lalit Sharma , who was aware of my holding on his joining Indiainfoline under coercion /undue influence with the object of cheating requested/pursued me to open trading account with Indiainfoline and got signed bunch of papers including instructionslips of ICICI Bank demat account for share transfer to INDIAINFOLINE.(The contents I am till date not aware of)

Even instruction slip for transfer from ICICI Bank was filled up by him or his associates in planning to cheat me on there own without my consent and all leafs signed / forged lying with Mr. Lalit Sharma.

Because of above bungling ,they transferred following shares to indiainfoline account without my consent:-
1.Aditya Birla Nuvo Limited - 139 shares
2. Ashok Leyland Limited - 500 shares
3. Automotive Axles Limited - 50 shares
4. Deepak Fertilizers and Petrochemicals. - 100 shares
5. Finolex Cables Limited (face value Rs.2/-) - 1800 Shares
6. Finolex Cables Limited (face value Rs.2/-) - 1800 shares
7. Finolex Indust - 150 shares
8. Glaxosmithkline - 122 shares
9. Grasim Industries Limited - 36 shares
10. HCL Technologies Limited (face value Rs.2/-) - 166 shares
11. JCT Limited - 150 shares
12. Rain Commodities - 371 shares
13. Reliance Industries Limited - 40 shares
14. Reliance Communications Limited - 20 shares
15. Reliance Natural Resources Limited - 20 shares
16. Sterlite Inds (face value Rs.2/-) - 810 shares
17. Sterlite Technologies Limited (face value Rs.5/-) - 81 shares
18. Sterlite Technologies Limited (face value Rs.2/-) - 405 shares
19. TATA Elxsi - 100 shares
20. Universal Office Automation Limited.

After this he was asking me to confirm if the trade confirmation call comes to my Mobile( MTNL), Which was disconnected on 21st May 2010 for about 20 days,by someone by forging my signature, but Indiainfoline records shows confirmation during this period also.


Beside this on 14th May 2010(it could be some near Date also), I made one call to them to stop trading in my account and no operation from my demat account, which was also confirmed by the Assistant Vice president of Indiainfoline Mr. Ashish Gulshan on checking with there records on 25/02/2011..

After this Mid January 2011, when I enquired about my holding to my surprise , i was informed of the trading in my account and my balance was nil in demat account.

The account was opened on 19/02/2010 and confirmation and kits were never given by the company Indiainfloline. Even as on today , I am not aware of my demat number with Indiainfoline.

During my visit on 25/02/2011 the copy of one consent /authority slip (forged)Date 20/08/2010 was given ,which was bearing fake signature of mine authorising my son with his signatures, are also fake beside he was not in town . Signatures of witness /there address given on the above slip was fake.(Copy of the same enclosed with objection remarks)

I hereby request you to please take cognizance of violation of depository account rules after 14th May 2010 as any withdrawl from my depository account without my instructions and every instructions containing in the form which ,I made to sign at the time of opening ,is null and void.

Further any trading after my instruction on 14th MAY, 2010 should not be booked to my account and necessary action may please be taken for cheating done by Mr. Lalit Sharma (Regional Manager , Indiainfoline), his associates and company also.

Thanks and Regards


RENU JAIN
FLAT NO. 403. PLOT NO. 17, SECTOR-10, DWARKA
NEW DELHI-110075
30/03/2011

The Enclosed files truth are:

1.PULKIT JAIN was out of town on that date proof of the same can be furnished.
2.Signature of Renu Jain is forged.
3.No such witness exist/existed on the address given and not known to account holder Renu jain.
4.RENU JAIN the account holder never signed the above document.
5. The society in which we are living is maintain the record and as per that the above stated Mr. Lalit Sharma last visited on 11/07/2011