Dear Sir,
I, Anil Khandelwal having trading & Demat A/c with M/s K& A Securities Pvt Ltd., My A/c No. is 43A35. K& A Securities Pvt Ltd had been done the transaction in my account in the month of October, 2008. I tried my best to follow to K& A People by sending mails to their responsible officers, even the director of the company, Mr. Vinay Gupta, But they even don't give proper reply to me and also not making any efforts or taking any action to solve the problem. In such situation the working of the company is also questionable. It also suggests that they are sitting their to make the frauds with the people.
Sir, I am giving the details to you of some contract notes, which shows that how they make the transaction in the month of October, also they are failed to issue the contact note to me for the said transactions. They sent the contract note to me when i asked them to send me the copy what you did my account.
Sir, now as per Securities Contract & Regulation Act, if any broker is failed to issue the contract note within time specified there, The Broker should be Penalised. and Even they did not send me any confirmation to the said transaction also.
The Details of Transactions are as follows:-
S.No. Contract No./ No. of Trans. Amount of Amount
Date in a single day Contact Note of Loss/
Debit
(in Rs.)
1.[protected]/ more than 100 Rs.46.94lacs 22542
08/10/2008 apporximat.
2.[protected]/ more than 50 Rs. 14.12 lac 73901
13/10/2008 app.
3.[protected]/ Rs. 2.67 lac 88717
03/10/2008 app.
4.[protected]/ more than 100 Rs. 32.77lac 37866
07/10/2008 app.
5.[protected]/ More than 100 Rs. 39.10 Lac
14/10/2008 app.
Sir, its not possible for person who is doing job, to trade the share in a single day for giving them more than a 100 call from the office. And Its also not possible to any person to give them call with in 2-3 minutes for trading from office. The transaction did by K&A Securities Pvt Ltd without any intimation given to me and in the above said cases, losses shown were incurred due to jobbing or delivery, which were settled at loss by them at the lower rate. Due to above transaction, they incurred losses around Rs. 100000-Rs. 150000/- .
They are making only there brokerage, and making the loss to the people.Please take the action against them as soon as possible, if you required any details from me, then i am ready to give. Pls penalise such kind of broker who are there in the market.
SEBI Registration No. Of K&A INB[protected]
CLEARING NO. OF K&A --07536
Pls take the action against them as soon as possible.
I shall be very thankful to you.
Thanks & Regards,
Anil Khandelwal
[protected]
[protected]
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