[Resolved]  Indiabulls Securities Limited — Indiabulls promoters cheated,looted and exploited lakhs of innocent investors

HARASSMENT & TORTURE BY INDIABULLS TO EXTRACT EXTRA MONEY.
I had taken personal loan from Indiabulls of Rs.25, 601/- on 25/5/2007 and repaid Rs.22600/- but just default in one of my EMI of Rs.1800/-, Indiabulls misused my blank security cheque by filling false amount of Rs.28, 249/- and they also misused my blank signed loan agreement by filling false figures of 30 installments instead of 24 (Usurious rate of interest more than 60 % p/a.), denied the receipt of some amount debited from my bank. Even though I tried to settle the dispute by offering reasonable amount pending principal amount and interest amount but to extract extra money from me Indiabulls has filled bogus cheque bounce case against me in Patiala House Court, New Delhi. As it is tough to defend the false cheque bounce case traveling from Mumbai to Delhi, Indiabulls forcing me to pay Rs.33208/- plus uncharged interest. To extract the money company filled thousands of cheque bounces cases in Delhi Courts. In spite of my several complaints to RBI against India bulls, RBI not taking the matter seriously and protecting Indiabulls by neglecting all my complaints. The whole system is working with Indiabulls. To earn huge money Indiabulls bring the thousands of poor borrowers to suicidal point. Financial Company openly violate the fair business practice guidelines given by RBI.
[protected]@gmail.com [protected]

LINK:- http://www.mid-day.com/news/2009/feb/020209-Indiabulls-Securities-Limited-investors-Delhi-news-alleged-fraud-selling-shares-without-in...⇄

Indiabulls Securities Limited — Undue brokerage being deducted!

Dear Sir,
I am a small investor & had opened my demat account with Indiabulls Securities Limited. But after some transactions, I didnt understand the pattern of their deduction of brokerage. They used to provide me the documents online but all their documents, ie, the transaction summary, the contract notes and the statement for brokerage deduction, used to show different values for brokerage deducted.

I tried to get a reply from them regarding it. I pursued them for more than two months & sent them around 14 reminders by e-mail but I didnt get any reply from them. You can understand the agony I had to face in this time & the time I waisted for all this. I did get telephone calls from them but they are not ready to clarify the things in detail. They are clearly saying that they cant clarify this matter in written.

I feel that they are cheating on the brokerage deduction & there might also be some problem in various taxes deducted & deposited by them. I want to get this matter clarified in detail. Kindly help me to get this matter resolved.

Hoping to get a quick reply from your side.

Thanks
DEVENDER.

Since last five years I made several complaints against the cheator, fraud and exploitor Depository Participant(DP) INDIABULLS SECURITIES LIMITED AND ITS DIRECTORS And the Depository M/s CENTRAL DEPOSITORY SERVICE INDIA LIMITED(CDSL) TO SEBI under copy to all conecrn including Prime Minister of India, Finance Minister but so far no action the reason being I am not that monied man like Mukesh and Anil Ambani.Starting from the beaurcrats to both Finance Minister and Prime Minister all are worried for the Ambani Brothers, but most unfortunately my appeal could draw their attention.The present SEBI is no way better than earst while CCI.The SEBI act being enacted in the parliament in the 1992 in order to help and protect the interest of the Brokers and DPs but not to protect the interest of the crores of the investros, that is reason why the DPs and brokers are cheating, exploiting and looting crores of innocent investors.
THE CHAIRMAN(ALL THE CHAIRMAN) OF SEBI WHO ARE MOSTLY SENIOR OFFICERS OF IAS CADRE.IT IS UNFORTUNATE TO MENTION THAT THEY HAVE TREATED SEBI OFFICE AS VASSAL ESTATE AND ACTED HOBBESEAN LEVIATHAN AND MACHIAVELLIAN PRINCE TAKING LAW BASED ON PERSONAL PIQUE AND VENDETTA RATHER ON OBJECTRIVE AND LEGAL CONSIDERATIONS AND FLOUTING ALL CANONS OF LAW.
BRAJA BANDHU BEHERA
ADVOCATE, ORISSA HIGH COURT
MOBILE NUMBER [protected]

They just care about their brokerage, I think they are worst than other Trading Companies

Indiabulls Securities Limited — Final Settlement/Withdrawal of PF

My name is Mohit Nagpal and i was emplyee of Indiabulls Securities Limited and Indiabulls Financial Service Limited. My first experience was Indiabulls Financial Service limited and after that i was shifted to Indiabulls Securities Limited.

I submitted my both PF request after two years to the company but now they are not processing it since according to them there is recovery against me.

My complaint is that when I fully completed my first job with Indiabulls Financial Service then why they are not processing it, atleast they should process my one PF request. I wants your intervention. Kindly look into the same


Regards,

Mohit Nagpal

Contact Number -[protected]: