blocking the money

Querist : Anonymous (Querist) 11 July 2011 This query is : Resolved
Sir,
I have purchased stock of a tel-communication company and after sailing the stock to me it was blocked by company and my money was blocked, after giving many reminders to the company owner and there chair persons they are ignore to reply the mails. Pl.guide me for the legal action for the complaint'

Thanks and Regards,
Alok Dusad

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Amit Minocha (Expert) 11 July 2011

File a police complaint and if no FIR is registered, file a criminal case against Co., its directors and other persons responsible.

also send a legal notice to them.

prabhakar singh (Expert) 12 July 2011
is the stock exchange listed and you bought it from promoters outside market or via exchange transaction???????

Advocate. Arunagiri (Expert) 12 July 2011
How you bought the shares?

Whether the transfer was effected in your name?

What is the reason for blocking any reason given by the company?

based on this we can give a suitable solution.

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