[Resolved]  Karvy — complaint against salem karvy

Address:Salem, Tamil Nadu

I have submitted all the original documents pertaining to mr t murugaiyan who had expired during 2013. His customer id is 13238677, before submission of the documents, the documents where verified by the section officer and branch incharge. Before accepting the documents they have asked some or other and i have filfdilled everything. Then only they have accepted on 17/07/2017. On that day i have not been given any acknowledgedment and they informed that the shares will be transmitted within a week's time. I used to contact personally in a gap of 20 days and they were telling some or other reason for not transmitting the share. Whenever i visit personally, they used to give email to their controlling office, with a copy to me. On 17/08/2017 i have been asked to pay the charges to be paid of rs 842/- accordingly i have paid the same on 17/08/2017. After that also i used to personally visit the office at the gap of 20-25 days. They used to tell cock and bull stories for not transmitting the shares. Atlast on 26/12/2017 they treated me very badly and they scolded me very badly which is against customer service norms and not warrented for a customer. Also they have told me to submit all the documents afresh to proceed further in this matter. But i have submitted all the original documents with the signatures of all the climents with the original notarised death certificate, legal heir certificate, cml, indeminity and so on. Submitting all the original again is impossible again and karvy has to inform me what happened to the original documents submitted by me on 17/07/2017.in this regard i have sent one complaint letter through speed post on 24/02/2018. There was no response. Again on 22/03/2018 i have sent complaint email to customer service section. Again i have forwarded the same complaint on 12/04/2018. There is no response to any of my communications. Under this circumstances i came to a conclusion that karvy will never respond to the customer communication. Atleast now i request you respond to my communication and resolve the issue at the earliset by communicating with your salem karvy branch.
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Jun 24, 2018
Complaint marked as Resolved 
Karvy customer support has been notified about the posted complaint.
Verified Support
May 21, 2018
Karvy Customer Care's response
Dear Investor,

Please let us know the details namely, name of the Company, folio.no., share certificate nos. etc. to enable us verify our records and revert.

Regards
Team Karvy
May 22, 2018
Updated by kabilanthiru
Please verify my records in which all the details were furnished. without verifying simply donot ask particular from us to buy time which again shows your disrespect to the customer complaintand laziness of your inaction. Any how, for your immediate response, i am furnishing the following details for your immediate action.

Customer ID 13238677, Name : T. Murugaian

Canara bank 100 Eqyity shares
TATAPower 24 Equity shares
please verify your letter RL.No : 198444 STATEMENT OF ACCOUNT FOR THE PERIOD MARCH 2014

PLEASE VERIFY RECORDS AND DO THE NEEDFUL AT THE EARLIEST WITHOUT FURTHER LOSS OF TIME.
Verified Support
May 23, 2018
Karvy Customer Care's response
Dear Investor,

With reference to above complaint, we request you to provide the details like Folio No. or Certificate No. for verification and resolve the issue immediately. Please mark a mail to kcpl.[protected]@kavry.com.

Regards
Team Karvy
May 24, 2018
Updated by kabilanthiru
The shares are in Demat form. THE DP ID IS IN300394. please act immediately.

ISIN NAME OF THE COMPANY No OF SECURITIES

INE476A01014 CANARA BANK 100 SHARES

INE614G01033 RELIANCE POWER LIMITED 24 SHARES

IN MY LAST EMAIL I HAVE WRONGLY GIVEN TATA POER SHARES INSTEAD OF RELIANCE POWER LIMITED. REGRET FOR THE INCONVENIENCE. PLEASE SETTLE THE ISSUE AT ONCE
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