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| Discuss Kudal Investment, Delhi-Defaulting in payment at the Investors Grieviences within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear Forum Members Can you please let us know the maximum time a Broker can ... |
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#1
18th December 2007, 09:28 AM
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(Jamnadhar) Kudal Investment, Delhi-Delaying payment.
Dear Forum Members
Can you please let us know the maximum time a Broker can take to pay off the value of the shares he sold on our behalf. It has been more then 15 days, he sold the shares and he has not paid us the amount, despite our repeated reminders. This transaction is in connection with Jamnadhar Kudal, calling themselves Kudal Investment (Telephone No: 011 23232525), operating out of Delhi. Before we transferred the share to his account their executive was following up several times in a day asking us to transfer the shares and now after we transferred and asked him to sell, they are not paying up. We want to know the rule in this regard. In case we want to take it up with SEBI, who should we write to. Thanks for the help. Last edited by Sauve; 18th December 2007 at 09:57 AM. 
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