Respected Sir,

I want to submit compliant of karvy stock broking ltd.

My complaint is that without my information and permission share trading has been done by Mr.Dharmendra uphadhaya (branch manager – naini, Allahabad karvy stock broking ltd.), he has been losses of Rs.80, 000 (lump sum) in my account.

I am giving below full detail through following points:

01)My name is VIKAS BISARIA, I was working in reliance industries ltd naini Allahabad as a machine operator (07/08/1997 to 02/11/2008) after that I joined srf ltd. gummidipoondi Chennai so I am living in Chennai.
02) My trading a/c is open in naini-Allahabad (karvy stock broking ltd.)On 27/03/2008.
03) From 16/11/2009 to31/07/2010 in my trading has been done by Mr.Dharmendra uphadhaya (branch manager – naini, Allahabad karvy stock broking ltd.), he has been losses of Rs.80, 000 (lump sum) in my account. And they sent contract notes on my address.
04) My parents informed me that some letters coming from karvy than I called to dharmendra uphadhaya .he replied me that nothing is happening. But contract notes were also coming. After that I sent to my father in karvy office, my father told to manager that why you are doing trading without permission than he has been started shouting on my father and my father has been come back to home. Then I told to my friend sandeep srivastav that you told him don’t do trading in my a/c. but branch manager not follow him.
05) After that my parents told to courier person they will not receive any letters, courier person told you talk to branch manager.
06) After that I called to branch manager he told me ,he is on leave when he will reach to branch then will see this matter.
07) I called more time but he did not attend my phone then I called to mr.aashish agarwal (termional operator) he replied me your matter informed to Allahabad office, enquiry is going on. Don’t worry your money will refund.
08) That calls I have been recorded.

i'd applied to open a/c in karvy. the represetative told me that he'll take only 6 days to open a/c but aftter him calling a lot i got my account open in 15 days. And the account which i opened has been not liked to my saving bank a/c. I called to customer care regarding that issue but after making 4 calls they told me to contact to brach from where i'd open account. M not getting proper help from branch.

i suggest all the guys to not even think of opening account in karvy.