Rs.42140 Loss through Future Stock sell while Spam Margine is aveilable in Customer A
---------- Forwarded message ----------
From: Rajesh Singh <rite.k.singh@gmail.com>
Date: Jul 2, 2010 5:33 PM
Subject: Re: Fwd: Rs.42140 Loss through Future Stock sell while Spam Margine is aveilable in Customer A/C.
To: rakeshb@sebi.gov.in
Cc: cc_nse@nse.co.in
Kindly suggest me where i can complain regarding this matter.
Regards,
Rajesh Kumar Singh
#9999895965
On 6/28/10, Rajesh Singh <rite.k.singh@gmail.com> wrote:
REMINDER
Dear Sir,
Kindly update me on urgent basis whatever the complain was raised by my side.
For this I will be very thankful to you.
Regards,
Rajesh Kumar Singh
# 9999895965
On 6/22/10, Rajesh Singh <rite.k.singh@gmail.com> wrote:
Dear Sir,
Sir it is the reference to miss selling of my stock by Kaynet Group and after my complain they are not giving me any satisfactory and appropriate answer. Now i need your help as per your guideline.
I have given time to the management to resolve the issue but management of the company is not very keen to settle down the issue.Moreover the gestures they are showing seems to be very causal & unprofessional.
That is why I am taking this issue one step further and reporting the issue to independent & impartial regulatory body like you. Kindly look into the matter thoroughly & resolve the same on urgent basis so that it should not happen again to anybody else.
Thanking You.
Yours truly
Rajesh Kumar Singh
# 9999895965
On 5/22/10, Rajesh Singh <rite.k.singh@gmail.com> wrote:
Dear Sir,
did you mention in your “Annexure B” you are sell the customer stock without information of the client.
give me a answer of my previous mail where i ask you,
"For your information you have tried my phone only once in a whole two days ( 3 & 4 April ) but at the same time i had been communicate with your R.M. Mr. Rajnikant and your Dealer Mr. Rakesh with same Phone No. during those two days, how it can be possible I am failed to respond to your call."
"Next days when i visited your Branch your R.M.( Rajnikant ) and Dealer ( Rakesh ) are had confirmed in front of A.S.M. Mr. Ravi Mancho that know warning massage flashing neither on screen nor on Mobile on 4th april 2010."
again i suggest you Kindly do not mess with the issue.
First give me the answer of my above statement then give me your compliance mail ID and one ID of those person who is exactly solve this issue without any partiality.
If can't do this then i folow the customer rites and go with "SEBI and NSE, BSE".
Regards,
Rajesh Kumar Singh
# 9999895965
On Thu, May 20, 2010 at 4:26 PM, Helpdesk <Helpdesk@kaynetgroup.com> wrote:
Dear Mr Rajesh, (Client ID – 100R21)
Thank you for contacting us!
This is with reference to the below mentioned mail sent by you.
As stated earlier, we would like to reiterate that the total margin required to purchase 1 lot of Allahabad Bank Future as on 30th April 2010 was Rs. 95182.50 whereas the ledger balance in your account ID 100R21 as on 30th April 2010 was Rs. 42906.58 , therefore the surplus deficit for holding 1 lot of Allahabad Bank Future was Rs 52275.92.
You are required fulfil both Exposure Margin Plus Span Margin (along with MTM) to hold any position in the F&O segment as per the exchange norms.
We would also like to inform that all the DO’s and Dont’s of transacting on the equity markets and of dealing in leveraged (borrowed) positions and of the rules/precautions to be followed while settling your dues with us were sent along with the Welcome Letter as “Annexure B” on your registered e-mail ID on 6th March 2010.
Kindly go through the same again.
We hope that you find the above explanation in line to your satisfaction.
For further queries feel free to revert back at helpdesk@kaynetgroup.com or call at 011-47784723/24.
Alternatively you can also contact your Relationship Manager.
Note – Kindly mail from your registered e-mail ID for your queries in future.
Regards,
Helpdesk
Kaynet Group Of Companies
--------------------------------------------------------------------------------
From: Rajesh Singh [mailto:rite.k.singh@gmail.com]
Sent: Wednesday, May 19, 2010 11:33 AM
To: Helpdesk
Subject: Re: Fwd: Rs.42140 Loss through Future Stock sell while Spam Margine is aveilable in Customer A/C.
On 5/17/10, Rajesh Singh <rite.k.singh@gmail.com> wrote:
Dear Sir,
No i can't find the above explanation in line to my satisfaction. you are trying to make me FOOL.
For your information you have tried my phone only once in a whole two days ( 3 & 4 April ) but at the same time i had been communicate with your R.M. Mr. Rajnikant and your Dealer Mr. Rakesh with same Phone No. during those two days, how it can be possible I am failed to respond to your call.
Kindly do not mess with the issue.
Next days when i visited your Branch your R.M.( Rajnikant ) and Dealer ( Rakesh ) are had confirmed in front of A.S.M. Mr. Ravi Mancho that know warning massage flashing neither on screen nor on Mobile on 4th april 2010.
I am fully aware with Mkt. Condition and rule and regulation of futurs treding.
just Explain me one thing why i am loose my money if i am capable to hold this but without any information how could i know, you are going to sell my stock from my A/C.
With Regards,
Rajesh Kumar Singh
# 9999895965
On 5/17/10, Helpdesk <Helpdesk@kaynetgroup.com> wrote:
Dear Mr Rajesh, (Client ID – 100R21)
Thank you for contacting us!
This is with reference to the mail sent by you wherein you had alleged us that your position of Allahabad Bank May Future was wrongfully squared off by us.
We would like to inform you that the total margin required to purchase one lot of Allahabad Bank Future as on 30th April 2010 was Rs. 95182.50 whereas the ledger balance in your account ID 100R21 as on 30th April 2010 was Rs. 42906.58 , therefore the surplus deficit for holding one lot of Allahabad Bank Future was Rs 52275.92.
Our Compliance team tried contacting you to intimate about the shortfall in your account on your registered contact number i.e. at 9350137301 on 4th May at 10:47 AM but you failed to respond to our call.
We are attaching a detailed table of your shortfall in your ID 100R21 for your reference –
Note: Balances do not include uncleared / provisional amounts.
Margin Date:
30-Apr-10
Val Date:
30-Apr-10
Client Code & Name
Collateral Value
Total Margin
Ledger Bal
Surplus / (Deficit)
Current Day's Bill
Provisional Debits / Credits
100R21 RAJESH KUMAR SINGH
(95,182.50)
42,906.58
(52,275.92)
2,052.28
Report Total
(95,182.50)
42,906.58
(52,275.92)
2,052.28
Note: Balances do not include uncleared / provisional amounts.
Margin Date:
03-May-10
Val Date:
03-May-10
Client Code & Name
Collateral Value
Total Margin
Ledger Bal
Surplus / (Deficit)
Current Day's Bill
Provisional Debits / Credits
100R21 RAJESH KUMAR SINGH
(92,671.75)
30,289.08
(62,382.67)
(12,617.50)
Report Total
(92,671.75)
30,289.08
(62,382.67)
(12,617.50)
Note: Balances do not include uncleared / provisional amounts.
Margin Date:
04-May-10
Val Date:
04-May-10
Client Code & Name
Collateral Value
Total Margin
Ledger Bal
Surplus / (Deficit)
Current Day's Bill
Provisional Debits / Credits
100R21 RAJESH KUMAR SINGH
(91,299.75)
14,119.08
(77,180.67)
(16,170.00)
Report Total
...
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