Legal Question in Investment Law in India
Cheating, Fraud & Duping
I entrusted Rs 1020000 to a firm called Kotak Securities in India in one of their STOIC account. After one month of trading in this account, they coerced me to change the account to Privellege when I was in Hospital.
Thereafter within 10 days of trade the entire capital of mine was wiped out while the company earned brokerages more than Rs 3.5 lacs in 10 days as againest Rs 13000 approximately earlier.
Asked on 1/19/07, 12:08 am
1 Answer from Attorneys
Jitendra Kumar
Kumar Pandey & Co.
Re: Cheating, Fraud & Duping
You issue a legal notice to the company and invoke arbitration under Stock Exchange Regulation.
Answered on 1/19/07, 12:48 am
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