Legal Question in Banking Law in
2years backdue to satyam shares free fall. due to free fall i have loss more than 4 lakh loss. wihout my knowledge brokers deling my demat account afterthan informed loss. then next asking 4 lakh for cheque for securityi am given given cheque but he presented after 10 days to banks cheque was returned. loss will be cleared near 1 lakh for 4 instatements balance still not paid. i am asking for time mean time share brokers under npa 138 act case filed may month 2011 hearing. what can i do pl advise me.
1 Answer from Attorneys
Consult a lawyer as your condition just like many other people who lost the shares without their knowledge and brokers operated their account without permission.
File a complaint against the broker before your Stock Exchange.
We have dealt with such cases against the brokers.
Regards
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