[Resolved]  relincemoney compeny — froad short selling case through power trade fault

----- Original Message ----
From: sumit Chawla <[protected]>
To: jatin.[protected]
Cc: kapli.[protected]; roopik.[protected]; rajan.[protected]; sudip.[protected]; sumit Chawla <[protected]>; sameer.[protected]
Sent: Friday, 4 April, 2008 3:29:14 AM
Subject: Fw: Suffered From Reliance Money (Fraud)

----- Forwarded Message ----
From: sumit Chawla <[protected]>
To: jatin.[protected]
Cc: anshul.[protected]; roopik.[protected]; sudip.[protected]; sameer.[protected]; rajan.[protected]
Sent: Friday, 4 April, 2008 3:56:25 PM
Subject: Fw: Suffered From Reliance Money (Fraud)

----- Forwarded Message ----
From: sumit Chawla <[protected]>
To: sudip.[protected]; kapil.[protected]
Cc: anshul.[protected]; sameer.[protected]; Rajan.[protected]; roopik.[protected]; jatin.[protected]; nhikil chopra <power.[protected]>
Sent: Thursday, 3 April, 2008 6:47:27 PM
Subject: Suffered From Reliance Money (Fraud)

Respected Sir,

please help me regarding my Critical Issue of Amount lost during Poor Power Trade Service by Reliance Money in Rohtak(M.K.Trader)Franchisee.

I have lost 1, 00, 000.00 Rs. during Software Problem in Power Trade.

Details of Lost amount is Under Below:

1. I have Sold 6350 TTML Shares @ 57.30 on 10th Dec. 2007(My buying Avg. was 54.70), which was showing in my Demat A/c. But Reliance Money Software was showing these shares in ATST.

After sold the shares of TTML System Debited 72000 + 185000 = 257000

But amount should be debited by 1, 64, 100.00.

[protected] = 92900)

My 92900 rs. should be refund but not refund.

2. On December 05, 2007 I have done intraday trading for 17, 000 shares of Ashok Leyland. The average purchase price under intraday trading was Rs. 49.90, average sell price was 50.70. The net Profit incurred in the said transaction was Rs. 13600.00.

I have bought 3600 Shares @ 49.90 of Ashoka Leyland throw Customer care converted from Margin to Deleviry.

i have sold 3600 shares @ 51.50 which was showing in under ATST on the Next day. Squred position was taken by the Net Position system However, there was a no shortage of 1400 shares in payout which was subsequently auctioned. But According to my Record of Trading there is no liabilites of Auction

3. Power Trade System have sold my Birla vxl Delivery Shares 6500. Without my Permission. Defferance of 3 rs was my loss. (6500 x 3 = 19500)

So this problem has taken place during problem in Power Trade System.

so this Loss Should be compensate.

I am suffering this problem from Four Months.

If you are not able to Resolve my problem then i will shoot a complain to SEBI & Media with proof of Trading.

this is my last Request to you & all Reliance Money Ada's to resolve my problem on urgent basis.

Some ada;s have missguide & cheat me & wants to push my problem.

I am waitng for your Reply.

I think or i can say that my this problem will be sortout on urgent basis.


Sumit Chawla

Client ID: S00047689

User ID:- SUCH010b

Mob:- [protected]
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments  4 CommentsShareTweet


please give the tips trading...
i buy a d mat account in month of august and behalf of this gave some document and 500 rupee cheque but long period don't receive my account kit plz kindly give my kit
i am baljinder singh malhi sir i request me a job mai aapda bahut dhanwadi howaga .

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment

    Contact Information

    relincemoney compeny
    File a Complaint