Kotak Securities — non-compliance of sebi guideline-imposing heavy penalt conp. nokotak securities complaint status update [id: 2038823]. | |||
Referring above, the trading service provider has not refunded the illegal penalty imposed., Referring to sebi guideline, link;https://www.nseindia.com/content/members/mem_comp_annexB.pdf, No document was provided at the time of registration, like offer, terms & conditions, any penalty clause, the nogiatioted brokerage, initially ignored, but on persuation, amended with penalty clause, the contract book (About 30 pages) got signed by me only on verbal communication, just to lure me, no advnace notice was provided before imposing the hidden additional charge of brokerage. The trading account was not activated by :security code pin" no bids or trade was done. Even the penalty charge imposed, no bill was issued. My prayer 1) refund all the fund with interest (The rate they use) 2) a compensation of rs. 10, 000/ for harassing, a sr. Citizen (+73), undergoing mental tension, being an investor 3) administrative action against the dealing persons a) escalating officer sri. Srihari nambiar b) khalid hussain, rm, the negotiating person. Thanks. Arunabha biswas Ks id: aru44_5 Cell;[protected] Was this information helpful? | |||
Kotak Securities customer support has been notified about the posted complaint. | |||
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