[Resolved] Karvy — Brokerage payment of arn-45673 | |||||
Dear sir, This is with reference to the arn - 45673 of late mr prakash bajaj, i am bhawna menghani, wife of late mr prakash bajaj, who was the mutual fund distributor. After my husband demise, mrs rani bajaj, (mr prakash’s mother) has become the distributor and i have not been informed about this moreover, she is getting the commission transferred to her account without my knowledge. I have full right to know, how mrs rani bajaj, has become the distributor without my knowledge and getting commission transferred to her account, as i am one of the legal heirs of late mr prakash bajaj and i have 50% share in all the assets of my late husband. I may bring it to your notice that a succession case is going on with the honourable supreme court (new delhi) for succession certificate and i would request you to cancel her distributorship. till the judgement no payment should be made to her or transferred, as it is against the law when a case is going on in the court, she cannot get/take any benefits without the court permission/knowledge and on the plea of nomination. Moreover, i have mailed many times to your customer support department and to ms anita oggu, backened executive for mutual funds brokerage, her email is also mentioned for your reference, anitha. [protected]@karvy.com but she says as she is the nominee we are transferring the commission to her. Kindly take action on the same and cancel/stop her distributorship/commission Kindly acknowledge and confirm the cancellation of her (mrs rani bajaj) distributorship. Looking forward to your prompt action. Kind regards Bhawna menghani Was this information helpful? | |||||
Aug 20, 2016 Complaint marked as Resolved Karvy customer support has been notified about the posted complaint. Verified Support Jul 20, 2016 Karvy Customer Care's response Dear Investor,
We wish to inform that we have released the amount to Nominees account as registered with us. We can accept the Legal Heir certification only if the nominee is not registered and hold the amount till such time this is processed.
With regard to this particular Distributor and the Brokerage will paid to the Registered Nominee account only.
Regards
Team karvy
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