[Resolved]  Karvy — pre-planned conspiracy of karvy staff

Address:

Agra, Uttar Pradesh, 282010

Client subodh bansal at karvy agra
I opened demat account in the year 2009 but not done any trading activity.

There were telephonic call august end 2017 from karvy staff that my demat account inactive. So he comming my home for formality
He given me booklet of around 50 pages for my sign at different pages and demanded 10000.00 cheque to credit in my trading account and also assured that money will return in few days.
He also said that[protected] per day earning is possible and all transition will be done by him.
I turn down offer. I said i do not do speculation.

On 8.9.2017 he again called me and pressed me to purchase 2 shares of idfc bank @ 56.30 per share.
I refused but he pressed me to purchase.
I said ok. The sms was for 56.30 per share from karvy.

After repeated reminder and email, i got trading account on 1.11.2017 and find that rs. 142.52 debit in my account. It cost me 71.26 per share.
26% cost increased due to tax and service charges.
What is the use of purchase these 2 shares?
I asked karvy staff why you forced me to purchase. He become silent.

My 10000.00 money returned on 11.9.2017.

Around 5.10.2017,
Again karvy staff called me and said why you are not doing trading? He will do. He will not touch my holding and there will be call from karvy and i have to confirm it.

In the evening there is call and i said this done by karvy staff.

On 11 oct 2017, he sold my reliance stock without my knowledge.
This also include bonus shares alloted in past 2 months.

Bonus share sale amount sold within one year of allotment have to pay income tax @ 15%.

He kepping my money in trading account and doing trading.

He purchase future option shares.
Which i do not know anything.

I asked to give trading account but not ready to give me.

Now i have to pay 15000 income tax.

He also given loss of 30000.00
Not ready to give bills issued in trading account.

I wrote email, sms not to do further sale or purchase.

He is treating that there will be loss stop trading.

He is claimming that there is no income tax on sale of bonus share within one year.

I wrote 2 email to karvy but not replied.