pls give assisstance

[bunny]

Sir
They closed the trade on monday 24/06/2013, morning @0.10...

Ok. You will have to file an online compliant with SEBI Scores. http://scores.gov.in/

 

[shefeek]

Ok. You will have to file an online compliant with SEBI Scores. http://scores.gov.in/

Sir
what are essential documents need for this ?..

 

[bunny]

Sir
what are essential documents need for this ?..

1. Your contract notes.
2. your ledger statement showing that you had only 13 thousand rupees at the time of execution of this trade.

 

[Mr.G]

They can show checks as proof that he had intended to make the trade on purpose and was willing to cover margin with checks, which then bounced. Droped the ax on his own foot.

 

[bunny]

They can show checks as proof that he had intended to make the trade on purpose and was willing to cover margin with checks, which then bounced. Droped the ax on his own foot.

He got trapped! What to do now? He cannot even argue well for himself.

 

[hauler]

They can show checks as proof that he had intended to make the trade on purpose and was willing to cover margin with checks, which then bounced. Droped the ax on his own foot.

G, This case is not about that right now.
If you have 7000 in your account, and your broker allows you to take a position of 5 lacs on some assurance that you will give your money later to the broker ? Go and tell this story to SEBI and NSE. NSE will immediately deactivate the terminals of this broker.

Please guys, everyone of you is giving their own versions and implications of the case. Please don't put this guy into more panic right now.
See, right now the strongest case against him is against of cheque bounce as Mr. G pointed out. But, as you know if you can prove that the cheque you issued was done under some pressure and intimidation, there is no need to worry.
FYI, Every cheque that gets dishonoured doesn't make a case for trial. The cheque bounce cases stand only if there is a malafide intention of cheating the other person is proved.

 

[VJAY]

G, This case is not about that right now.
If you have 7000 in your account, and your broker allows you to take a position of 5 lacs on some assurance that you will give your money later to the broker ? Go and tell this story to SEBI and NSE. NSE will immediately deactivate the terminals of this broker.

Please guys, everyone of you is giving their own versions and implications of the case. Please don't put this guy into more panic right now.
See, right now the strongest case against him is against of cheque bounce as Mr. G pointed out. But, as you know if you can prove that the cheque you issued was done under some pressure and intimidation, there is no need to worry.
FYI, Every cheque that gets dishonoured doesn't make a case for trial. The cheque bounce cases stand only if there is a malafide intention of cheating the other person is proved.

:thumb::thumb::thumb::clapping::clapping: Thanks all are need to support him in this dificult time and give him strong advice to how can handle this cheque issue....Thanks hauler

 

[DSM]

Totally agree with you Hauler.

The complaint has to go to SEBI and consumer court. Shaefeq needs professional advise from a lawyer, as it appears, he cannot argue for himself even if he had to save his life.

Kotak Securities is squarely to blame, and have tried to wriggle out of the situation by taking cheques from Shafeeq.

Dude, all I can advise you, I have done already, and do so without delay.

Consult a lawyer.
Approach the consumer court immediately.
File a complaint with SEBI.

And be careful of how you communicate with Kotak - it can be recorded and go against you.

The Customer Service of Kotak Securities who had written 'Dear Shefeq'
is now not surprisingly, totally silent.

Uday Kotak, are you there and listening? What a shameful behavior from such a big finance house!

G, This case is not about that right now.
If you have 7000 in your account, and your broker allows you to take a position of 5 lacs on some assurance that you will give your money later to the broker ? Go and tell this story to SEBI and NSE. NSE will immediately deactivate the terminals of this broker.

Please guys, everyone of you is giving their own versions and implications of the case. Please don't put this guy into more panic right now.
See, right now the strongest case against him is against of cheque bounce as Mr. G pointed out. But, as you know if you can prove that the cheque you issued was done under some pressure and intimidation, there is no need to worry.
FYI, Every cheque that gets dishonoured doesn't make a case for trial. The cheque bounce cases stand only if there is a malafide intention of cheating the other person is proved.

 

[VJAY]

Totally agree with you Hauler.

The complaint has to go to SEBI and consumer court. Shaefeq needs professional advise from a lawyer, as it appears, he cannot argue for himself even if he had to save his life.

Kotak Securities is squarely to blame, and have tried to wriggle out of the situation by taking cheques from Shafeeq.

Dude, all I can advise you, I have done already, and do so without delay.

Consult a lawyer.
Approach the consumer court immediately.
File a complaint with SEBI.

And be careful of how you communicate with Kotak - it can be recorded and go against you.

The Customer Service of Kotak Securities who had written 'Dear Shefeq'
is now not surprisingly, totally silent.

Uday Kotak, are you there and listening? What a shameful behavior from such a big finance house!

Shefeek do take actions immediately on those points.....

I heard many cases like this from many other members too about this KOTAK

NEW TRADERS....BEWARE ABOUT THESE BIG BROKERS...THEY ALWAYS GRILL YOU WITH THEIR ILLEGEL ACTIVITY AND LOOSE YOUR MONEY ......

 

[Relish]

Totally agree with you Hauler.

The complaint has to go to SEBI and consumer court. Shaefeq needs professional advise from a lawyer, as it appears, he cannot argue for himself even if he had to save his life.

Kotak Securities is squarely to blame, and have tried to wriggle out of the situation by taking cheques from Shafeeq.

Dude, all I can advise you, I have done already, and do so without delay.

Consult a lawyer.
Approach the consumer court immediately.
File a complaint with SEBI.

And be careful of how you communicate with Kotak - it can be recorded and go against you.

The Customer Service of Kotak Securities who had written 'Dear Shefeq'
is now not surprisingly, totally silent.

Uday Kotak, are you there and listening? What a shameful behavior from such a big finance house!

I agree with Hauler and DSM; Special advice from DSM in bold letter. You should not talk to anyone kotak person; Hire lawyer and strongly tell your case and let him talk to them. It may be possible sometimes in such situation; we loose our self.