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Cheating of india infoline ltd

This is a discussion on Cheating of india infoline ltd within the Investments forums, part of the Business & Finance category; Dear sir 01/02/2011 INDIA INFOLINE A/C HOLDER PLEASE CONTACT ME FOR GETTING REFUND OF EXCESS AMT CHARGED BY IIFL ON ...

  1. #1
    Junior Member
    Join Date
    Jan 2011
    Posts
    1

    Default Cheating of india infoline ltd

    Dear sir 01/02/2011

    INDIA INFOLINE A/C HOLDER PLEASE CONTACT ME FOR
    GETTING REFUND OF EXCESS AMT CHARGED BY IIFL ON
    A/C OF COLLECTING ABNORMAL TRANSACTION
    CHARGES AND SECURITIES TRANSACTION TAX
    IN F&O AND CASH SEGMENT





    I am maintaining a demat a/c in IIFL.It is learnt that IIFL is charging excess govt taxes
    such as STT,transaction charges in F&O and in cash segment.most of the traders have not checked the contact note to this angle.
    When i tallied the same with the prescribed rate of NSE I found there of lot of difference and IIFL is not remitting the full amt to govt and keeping the excess collecting amt to his p&l a/c.
    this practice is going on since last 10 years.when i objected they told me to refund the same but i refused because there are thousands of other traders of IIFL who do not know this cheating of IIFL.
    Subsequently i filed a case in NSE ARBITRATION but IIFL without contesting the case
    send me the claim amount of 15000/- which i refused and ask for other issue
    which are pending due to providing the details by IIFL and amending their profit and loss section so that to enable me to further claim the other amount.

    But INDIA INFOLINE any how manage the arbitrator and he under his influence
    closed the award on the ground that claim amt is full and final.

    ANYBODY WHO IS HAVING A DEMAT A/C IN INDIA INFOLINE CONTACT ME FOR GETTING REFUND THE EXCESS AMT CHARGED BY IIFL BECAUSE THEY ARE REFUNDING TO INNOCENT TRADERS WHO DO NOT KNOW THIS FACTS.

    NO AUTHORITY IS SERIOUS AFTER KNOWING THIS CHEATING BY IIFL BECAUSE IIFL IS OBLIGING THE NSE AUTHORITIES.WHEN IIFL CAN MANAGE ARBITRATOR HE DO NOT FIND ANY PROBLEM TO MANAGE OTHER AUTHORITY OF NSE/BSE etc



    --
    With kind regards
    TR Nimade
    09827009547
    MAIL ID trnimade@gmail.com

  2. #2
    Junior Member
    Join Date
    Sep 2010
    Posts
    8

    Default

    Dear Customer,

    This has reference to your observations. In order to help us address the same, kindly provide us complete details (such as Login ID/contact number in connection with this issue . Please quote the same in your email. Upon receipt of the mail, our customer service team will be able to work on resolving the same.

    Regards,
    IIFL Customer Care

    Quote Originally Posted by myngone View Post
    Dear sir 01/02/2011

    INDIA INFOLINE A/C HOLDER PLEASE CONTACT ME FOR
    GETTING REFUND OF EXCESS AMT CHARGED BY IIFL ON
    A/C OF COLLECTING ABNORMAL TRANSACTION
    CHARGES AND SECURITIES TRANSACTION TAX
    IN F&O AND CASH SEGMENT





    I am maintaining a demat a/c in IIFL.It is learnt that IIFL is charging excess govt taxes
    such as STT,transaction charges in F&O and in cash segment.most of the traders have not checked the contact note to this angle.
    When i tallied the same with the prescribed rate of NSE I found there of lot of difference and IIFL is not remitting the full amt to govt and keeping the excess collecting amt to his p&l a/c.
    this practice is going on since last 10 years.when i objected they told me to refund the same but i refused because there are thousands of other traders of IIFL who do not know this cheating of IIFL.
    Subsequently i filed a case in NSE ARBITRATION but IIFL without contesting the case
    send me the claim amount of 15000/- which i refused and ask for other issue
    which are pending due to providing the details by IIFL and amending their profit and loss section so that to enable me to further claim the other amount.

    But INDIA INFOLINE any how manage the arbitrator and he under his influence
    closed the award on the ground that claim amt is full and final.

    ANYBODY WHO IS HAVING A DEMAT A/C IN INDIA INFOLINE CONTACT ME FOR GETTING REFUND THE EXCESS AMT CHARGED BY IIFL BECAUSE THEY ARE REFUNDING TO INNOCENT TRADERS WHO DO NOT KNOW THIS FACTS.

    NO AUTHORITY IS SERIOUS AFTER KNOWING THIS CHEATING BY IIFL BECAUSE IIFL IS OBLIGING THE NSE AUTHORITIES.WHEN IIFL CAN MANAGE ARBITRATOR HE DO NOT FIND ANY PROBLEM TO MANAGE OTHER AUTHORITY OF NSE/BSE etc



    --
    With kind regards
    TR Nimade
    09827009547
    MAIL ID trnimade@gmail.com

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