Ritesh
10 January 2008 at 10:41

Complaint against the broker

Dear Sir,
I am aggrieved by my broker
Fact of the case:
I bought 1000 shares of a company on January 01, 2008 with the expectation rise in the price. However my expectations went wrong and price of that stock started falling. So after two days I went to my broker's office and told him to sell back those shares at market price and he said that ok I will do that. That time price of the stock was by just 4 rupees.
However, next week when he called me to pay for shares I have bought on 1st January, I came to know that he did not sell my shares. On my argument, he said that your order was not preceded only. By now the price of the stock has fallen steeply and now it is traded at 15 Rs. Down than the price at which I had bought it. Finally, I sold these shares today and booked the losses.
Earlier, in one instance, I found a sell entry of some shares in my account which I never bought or sold short.
Please advice me whether I can file a complaint against my broker. If yes, on what grounds..?

Ritesh


Amit
07 January 2008 at 14:56

I.P.O. Application

Whether a minor can have demat account ?
Whether a minor can make an application for shares via I.P.O. ?


Megha S
05 January 2008 at 13:10

about shares and stock

where i can get the details about shares,stocks and their procedures for selling,purchasing,transfering etc.i want to get the overall knowledge about shares.how can i get it,by refering what books or website or anything else.


Prateek Biyani
30 December 2007 at 11:59

Share Warrants

what do you mean by share warrants ? Explain in lucid manner.


Jayesh Jagetiya
22 December 2007 at 09:15

SHARES OF JINDAL STEEL & POWER

I PURCHASED 35 SHARES OF JINDAL STEEL & POWER @15400/- & PRESENT RATE IS 13800/-. SHOULD I HOLD OR SALE THESE SHARES?


Prateek Biyani
18 December 2007 at 15:13

Share Warrants

What is Share warrants ? Explain in simple manner.


Ganesh
13 December 2007 at 14:20

Domestic Unlisted Company Shares

Hello! Friends

Please give more information on the following subject

In an unlisted domestic company, shares are transfered from one director/relative to the director to another director/ relative to the director.

In this transaction, the amount was paid as cash form and transfer of shares can't be done till now, but in IT returns of individual directors, are showing Shares are transfered and money was received by the respective director. For the company, when ROC filing, requires change of shares and transfer certificates.

How they can provide for this in Form-7B?
And is it correct to apply in Form-7B or is there any other form for the same?
Where can they get Form-7B's? And for unlisted domestic company is it necessary to do all these things.

Please answer and do needful

Regards

U.T.I. GANESH


Prateek Biyani
13 December 2007 at 12:15

Global Depository Receipts

What are Global Depository Receipts (GDRs) ?


Prateek Biyani
13 December 2007 at 12:14

Share Warrants

Whar are Share Warrants ?


vimal

if someone show his share (Delivery) basis as the business income,(there was loss)in last year. now in current year this income/loss can be shown as investment.





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