acccchiiiiiiievers (oops I just sneezed)... ..
There were 2 things I asked, which you carefully evaded..
1. http://www.complaints-india.com/complaints/48649/Loss-of-Invested-Money-with-Share-broking-firm.html
2. A client buy's stocks and you don't deliver it to the client's demat thinking he might ask for a margin?? Are you from planet mars?? What do you do when the stock is sitting in the pool account of yours??
As you rightly said, stocks have to be sent within 24 hours to client's demat or margin a/c, and you very smartly move it to your margin account, without even anyone authorizing you?? Boss this is an online world and most of us are educated.. Also remember, what you write here cannot be deleted... You can delete your post, but not this one I am writing with your quote...
Imagine we send this post of your's to SEBI and ask them if it is the right thing you are doing?? It is like we go to a bank and give money to the cashier to deposit it into your account and the cashier puts it into some other account and then gives a reason, if you wanted loan it would be easier this way... (don't worry I am not going to, you might go delete your previous post after reading this )
Your client in your dreams, a company that can't even get its spelling right, I wouldnt even buy my toothbrush through them and over that the senior management person doesn't have the balls to accept if something is wrong..
Best of luck with ur business or I guess you don't need it because you are amongst the top brokers in the country.. acccchiiiieeeeeeeeee(sorry sneezed again)...waiting for your reply...
There were 2 things I asked, which you carefully evaded..
1. http://www.complaints-india.com/complaints/48649/Loss-of-Invested-Money-with-Share-broking-firm.html
2. A client buy's stocks and you don't deliver it to the client's demat thinking he might ask for a margin?? Are you from planet mars?? What do you do when the stock is sitting in the pool account of yours??
As you rightly said, stocks have to be sent within 24 hours to client's demat or margin a/c, and you very smartly move it to your margin account, without even anyone authorizing you?? Boss this is an online world and most of us are educated.. Also remember, what you write here cannot be deleted... You can delete your post, but not this one I am writing with your quote...
Imagine we send this post of your's to SEBI and ask them if it is the right thing you are doing?? It is like we go to a bank and give money to the cashier to deposit it into your account and the cashier puts it into some other account and then gives a reason, if you wanted loan it would be easier this way... (don't worry I am not going to, you might go delete your previous post after reading this )
Your client in your dreams, a company that can't even get its spelling right, I wouldnt even buy my toothbrush through them and over that the senior management person doesn't have the balls to accept if something is wrong..
Best of luck with ur business or I guess you don't need it because you are amongst the top brokers in the country.. acccchiiiieeeeeeeeee(sorry sneezed again)...waiting for your reply...
Achiievers has been spelt right with some purpose beyond your need of understanding. Secondly, we don't keep stocks in our margin account without the consent of the client. There is a separate format for pledging the shares with us against which we provide additional exposure to the clients. We are very much aware of our responsibilities and compliance guidelines incorporated by SEBI, possibly better than your understanding. Some of the clients prefer keeping the stocks with the company's margin account to avoid outgoing charges while selling the stock. This is more prevalent with clients who are taking very short term delivery positions.
As far your url is concerned, I suggest why don't you help the person in logging a complain against us in SEBI. Just a post on any of the sites don't make any sense to any one. As on date we don't have a single case of arbitration in so many years of our functioning.
Could have helped you explain more but, don't feel like communicating with you after seeing your cheap languages on this forum. Besides I am sure that you must have some other reason to criticize our company, our products which is the best till date, our management team, our spelling errors....ooops and what more...feels like it is giving you too much frustration...
Too much sneezing might affect your day's routine and health..visit a doctor. Get well soon.