I purchased 100 shares of Pantaloons Retail India Ltd . The shares were in paper certificate form. When I approached a broker to sale those shares, he told me that the shares had been split in the ratio of 1 : 5. So I was advised to get the split shares in order to sell them off. I contacted Link In time( Authorized Share Transfer Agent of Pantaloons Retail India Ltd) requesting them to allot me the split shares as per my right. But no heed was paid to my request. On contacting the officials many times over telephone , I was told that my shares had been transferred to some Prakash Hemraj. It was a matter of utter shock as I never sold the shares to any one , and therefore, the question of transferring doesnt arise. I am still in possession of Share certificate. Being a common man, with the help of my limited knowledge , I lodged a complaint in the competent court of law , in which Police filed cancellation report. I was denied justice straight forwardly as no action was taken by police in such a clear cut fraud case. I filed revision against the dismissal of the complaint which is still pending in the Sessions Courts, Hisar, and no progress has been made in that so far. Link In time , all the times , instead of looking into the matter, just explain my grievances in their words. I request them that I am a victim of fraud. In place of helping me, they tell me : Your shares have been transferred to Mr Prakash. I doubt that they are hand in gloves with the accused who committed the fraud. The beneficiary in whose name shares had been transferred is the culprit. What other/efficient course of action can I take?
Hello,
I want to know that if i want to invest in commodity market, so can i get in physical form from commodity market and if i want to sell it another person except commodity market so can i do this.
Thanks
Hi,
I am a Chennai registered company, holding shares in a company holding land. Now I would like to transfer the shares held in the land company to an Limited Liability Partnership (LLP). So can someone please explain:
1) What will be the stamp duty implication on this.
2) What all formalities are required to execute this procedure.
Regards.
Hello, Sir i am trading in forex market with 4xp.com in EUROUSD in the f.y. 2011-12 and has earned 7.8 lacs ruppees. The same has been encashed by me through ANZ bank. They deducted some bank charges and I have withdrawn the amount. Sir, Will I be liable to pay any income tax /?? Is it an income within INDIA .Please guide me sir. Also Please tell me rules pertaining to FEMA ACT. Will I be required to get mi books audited from C.A.???
Dear All,
I want to purchase all the 80% share NBFC Limited Company which is not Listed? after/ before the purchase of share, which type of compliance with RBI.
On Which Condition RBI Cancelled the NBFI Certificate of Company if any type of Notification in this matter pls provide it?
X, a shareholder of y was holding shares. A forged the transfer of shares in favour of y . the cs before transferring the shares send the notice to X as he was feeling something is wrong. And in the absence of reply from X within the reasonable time the cs transferred the share to z.
Now in the solution the X get his shares back despite of getting the notice before the transfer to z to which he did not reply in the reaonable time. SO WHY DID X GET HIS SHARES BACK??????????
friends i want to know the documents or point to be kept in mind while preparing justification letter for issuing share at premium....
pls explain about ECB??
how fund can be borrowed in ECB??
I need to issue a CA certificate regarding valuation of shares..
Its a Private ltd. Co. which want to issue shares to a foreign investor..
I need to value the share as per DFCF method.. plz tell me how can i calculate Cost of Equity & Cash flows which is to be considered for Discounting..
I want to know the sources of private Equity and name of the Companies who are involved in the financing through the private equity.
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Fraud transfer of shrares