Fraud made of Rs 13,87,000/- branch mangager admit
Rajneesh Madhok
(Querist) 21 November 2009
This query is : Resolved
--- On Sat, 21/11/09, rajneesh madhok wrote:
From: rajneesh madhok
Subject: Fw: Fraud of Rs. committed by branch Manager of Rs 13,87,000/- company not releasing share certificates
To: "Share Market Ombudsman"
Date: Saturday, 21 November, 2009, 9:41 AM
To
The Share Market ombudsman,
Sir,
Kindly look in to the fraud made by
Fortune Equity Brokers (India) Ltd,
Registered Office,
2nd Floor, K.K. Chambers, Sir P.T. Marg, Fort,
Mumbai, Pincode: 400 001 , Tel-022-2207-7931
Email: admin@ffsil.com
Regards,
Rajneesh Madhok
--- On Sat, 21/11/09, rajneesh madhok wrote:
From: rajneesh madhok
Subject: Fw: Fraud of Rs. committed by branch Manager of Rs 13,87,000/- company not releasing share certificates
To: admin@ffsil.com, gtroad@ffsil.com, ludhiana@ffsil.com, phagwara@ffsil.com, amritsar@ffsil.com
Cc: chandigarh@ffsil.com
Date: Saturday, 21 November, 2009, 9:37 AM
Fraud made of Rs 13,87,000/-. Fortune Equity Brokers India Ltd not releasing shares of Rs 15 lakh. Fraud made by their Branch Manager. Company has illegally kept in its custody the shares.
Fortune Equity Brokers (India) Ltd,
Registered Office,
2nd Floor, K.K. Chambers, Sir P.T. Marg, Fort,
Mumbai, Pincode: 400 001 , Tel-022-2207-7931
Email: admin@ffsil.com
THE UNDERMENTIONED STATEMENT PROVIDED BY MR. ANIL SONI, BRANCH MANAGER, FORTUNE EQUITY BROKERS (INDIA) LTD, JALANDHAR OFFICE.
--- On Sat, 21/11/09, rajneesh madhok wrote:
From: rajneesh madhok
Subject: Fraud of Rs. committed by branch Manager of Rs 13,87,000/- company not releasing share certificates
To: "Bimal Khemani" , "Dr. Arun Agrawal"
Date: Saturday, 21 November, 2009, 9:23 AM
“WRITTEN AGREEMENT”
Mr. Parmod Nayyar authorized me to deal in stocks, shares/equity and so he handed over me shares amounting to Rs 15 Lakh to me and my wife Mrs. Nidhi Soni and on his instructions I started the trading in account to 4050019. After getting details of his account on 26th Oct 2009 Mr. Parmod Nayyar came to know about the deals in commodities and derivatives conducted by me without his consent. Now we have entered in to a written agreement that a token amount of Rs 2 lakh will be handed over to Mr. Parmod Nayyar on 7th Dec 2009 in cash. The amount of Rs 2 lakh had been agreed in the presence of Mr. Rajneesh Madhok, Mr. Bawdeep Cahusar, Mr.. Parmod Nayyar, Mrs Sonia Nayyar, Mr. Naveen Sharma & Mr. Pardeep Sharma. The agreed amount of Rs 2 lakh will be paid on 7th of Dec 2009 and the rest of the amount will be paid in 4 installments. The details of the amount is as under:
1. On March 15---3,00,000
2. On July 15-----3,00.000
3. On Nov 15------3,00,000
4. On Feb 15-------2,87,000 (Balance amount)
According to written agreement in case I fail to give the agreed amount then as security I will give the details of security on Dec 7, 2009. Mr. Parmod Nayyar will be authorized to recover the amount submitted as security by me. The Agreement also states that if secrurity mortgaged/ Pledged will be furnished the detail regarding that is free from litigation/ mortgage in the past. The owner of the security with name/ consent will be furnished on Dec 7, 2009. I hereby submit that Power of Attorney as capacity of owner will be furnished alongwith the token amount. Now I state that I shall provide NOC (No objection Certificate) if the said property/ security under mortgage. If the agreement is violated then Mr. Pramod Nayyar will be empowered to file suit/ Police case to recover all dues . I have previously assured to pay all the above said amount up to 30th Nov 2009 but now the amount has been stretched to the above mentioned dates. As this is the case of fraud/ cheating and I admit and confess that Mr Pramod Nayyar will not trust upon me. All the present parties who are present in the meeting assured that the above agreement will be abided by Anil Soni/ Nidhi Soni. Mr. Pramod Nayyar has also sent a notice to me/ Nidhi Soni/ M.D. of Fortune Equity Brokers/ Mr. Naveen Sharma and which they have received. The misrepresentation of facts and misuse of funds have been done. The fact was hidden from Mr. Pramod Nayyar that the trading in commodities and derivatives will be done. I have made the above mentioned transactions to the tune of Rs 13,87,000 by deceiting Mr. Pramod Nayyar. If I could not fulfill my promise the case of fraud, misrepresentation, cheating breach of trust cab be filed / placed on me and Mr. Pramod Nayyar can sue me and my wife Mrs. Nidhi Soni in consumer court for deficiency of service and with litigation recover the monetary loss and compensation whatever the honourable court will decided. This agreement has been made by me without any pressure will fully and in the company of above mentioned persons.
Parmod Nayyar 20/11/09 Anil Soni.
(PSM FEBIL)
20/11/2009
WITNESS::
Sd/- Sd/- Sd/-
Rajneesh Madhok Bhavdeep Chausar Sonia Nayyar
20/11/09 20/11/09
By Speed Post November 12, 2009
The Senior Superintendent of Police,
Kapurthala
SUB: REQUEST TO REGISTER CASE FOR FRAUD, BETRAYAL AGAISNT MR. ANIL SONI & NIDHI SONI U/S 419, 420, 467, 468, 471 AND 120B OF THE IPC.
1. PARMOD KUMAR NAYYAR, COMPLAINANT
24-A, MODEL TOWN,
PHAGWARA
PH: 01824-260724 (O), 261048 ®, 098881-32331
2. SONIA NAYYAR,
24-A, MODEL TOWN,
PHAGWARA
VS.
1. ANIL SONI, BRANCH MANAGER,
FORTUNE EQUITY BROKERS (INDIA) LTD,
#130, RANJEET NAGAR, PAP LINES, G.T. ROAD,
JALANDHAR
PH: 0181-469101617 (O)
RESI: H.NO. 630, BASANT AVENUE, AMRITSAR.
2. NIDHI SONI, BRANCH MANAGER,
FORTUNE EQUITY BROKERS ( INDIA) LTD.
72-A, TILOR ROAD, OPP. AGA HERITAGE CLUB, AMRITSAR.
PINCODE: 143001,
TEL: 0183-2810011-26, MOBILE: 98786-11782.
RESI: H.NO. 630, BASANT AVENUE, AMRITSAR.
REF: 1. ANIL SONI & NIDHI SONI ARE HUSBAND WIFE.
3. ANIL SONI’S JALANDHAR BRANCH IS UNDER NIDHI SONI’S AMRITSAR BRANCH BOTH HAVE MASTERMINDED TO PLAY GIMMICKS AND DEFRAUDED WITH MR. PARMOD KUMAR NAYYAR AND SONIA NAYYAR, AS PER THEIR VERSIONS ATTACHED.
Sir,
In the light of complaint pending with the Managing Director, Fortune Equity Brokers (India) Ltd, Mumbai since 7th September 2009 (Copy enclosed) with no response from the concerned Managing Director, Mumbai no follow up the the Managing Director and his concerned officials. As this is the case of fraud and the case kindly be registered against the offenders and in the light of decision placed below on irregularities committed by SAID MANAGER Mr. Anil Soni and Nidhi Soni I hereby request to register case due to illegalities, corrupt practices and corruption.
Yours faithfully,
Rajnesh Madhok,
(Registered Member Core- Consumer Online Resource & Empowerment Centre)
B-xxx/63, Nehru Nagar, St. no. 2,
Railway Road,
Phagwara-144401 (Pb)
Ph: 01824-262569 (O), 268210 (R), 094173-06415
Tele-fax: 01824-262569, E-mail: rajneesh_madhok@yahoo.com
--- On Sat, 7/11/09, rajneesh madhok wrote:
From: rajneesh madhok
Subject:
To: admin@ffsil.com, gtroad@ffsil.com, ludhiana@ffsil.com, phagwara@ffsil.com
Cc: "Bimal Khemani" , amritsar@ffsil.com, chandigarh@ffsil.com
Date: Saturday, 7 November, 2009, 8:08 AM
----- Original Message -----
From: rajneesh madhok
To: admin@ffsil.com ; gtroad@ffsil.com ; ludhiana@ffsil.com ; phagwara@ffsil.com
Cc: amritsar@ffsil.com ; chandigarh@ffsil.com
Sent: Saturday, November 07, 2009 5:59 PM
Subject: Notice of Dispute by Parmod Kumar Nayyar client code 4050019
PHAGWARA BY SPEED POST NOV 07, 2009
Parmod Kumar Nayyar,
24-A, Model Town,
Phagwara Appellant
VS
1 Managing Director,.
Fortune Commodities & Derivatives (India) Ltd,
Registered Office,
2nd Floor, K.K. Chambers, Sir P.T. Marg, Fort,
Mumbai, Pincode: 400 001 , Tel-022-2207-7931
Email: admin@ffsil.com Respondent
2. The Branch Manager,
Fortune Commodities & Derivatives (India) Ltd,
# 130, Ranjeet Nagar, PAP Lines, G T Road, Jalandhar , Pincode: 144001
Email: gtroad@ffsil.com Respondent
3 The Branch manager,
Fortune Commodities & Derivatives (India) Ltd,
SC0 No.3, 1st & 2nd Floor, Bawa Building, Feroze Gandhi Market, Ludhiana,
Pincode: 141001, Tel: (91)–161–4694600–16, Email: ludhiana@ffsil.com Respondent
3. The Branch Manager,
Fortune Commodities & Derivatives (India) Ltd,
Ohri Tower, 14A, Model Town, G T Road Phagwara, Pincode: 144401,
Tel: (91)–1824–468500–08, Email: phagwara@ffsil.com Respondent
CLIENT CODE: 4050019 PARMAOD KUMAR NAYYAR
SUB: DISPUTE BETWEEN PARMOD KUMAR NAYYAR & FORTUNE COMMODITIES & DERIVATIVES (INDIA) LTD. BRANCH MANAGER MR. ANIL SONI CERTIFIES BALANCE OF RS. 2,38,320=41 WHEREAS HEAD OFFICE SENDS DETAIL OF DEBIT BALANCE 11,41,740=14.
Sir,
Dispute between Mr. Parmod Kumar Nayyar & Fortune Commodities & Derivatives India Ltd has been arose. The issue raised by Mr. Parmod Kumar Nayyar is as under: Mr. Parmod Kumar Nayyar Appellant has declared that if the Respondent failed to entertain the complaint and sorted out the complaint within 15 days the matter will be put before the appropriate authorities for jurisdiction.
1. That the statement sent by Head office, Fortune Commodities & Derivatives (India) Ltd is not correct statement as sent by Respondent No. 1, to the Appellant, as there is a difference of Rs 9,05,419=73 in the statement provided to the customer by the Branch Manager Mr. Anil Soni certifying total debit balance of all segments including Shares/ Commodities/ Share derivatives/ NSE/ BSE/ as on the above date. Rs. 2,36,320=41 Dr.. I confirm the above debit as on 24/09/09 Sd/- (ANIL SONI) 26/10/2009 and the account statement supplied by Head office For Fortune Commodities & Derivatives (India) Ltd, Mumbai shows Debit balance of 11,41,740=14 Dr.
2. That as per factual scenario shows that the amount which is certified by the Branch manager is correct whereas the company don’t respond to the representations made by the Appeallant.
3. The respondent if not rectified the account statement then the appellant have to file the case before the District Consumer Dispute Redressal Forum for settlement of dispute and the forum will be requested to direct to the opposite parties to pay the compensation for the physical and mental harassment caused by the respondents.
4. That the Debit balance certificate issued by the Branch Manager as per the authorization and certificate has been issued to the complainant.
5. That as a consumer the case will be dealt under Consumer Protection Act, 1986. So, it is the final notice served to the Respondents to avoid unnecessary delay in sorting out the dispute. Self attested certified copies provided by Respondents declaring variation of Rs 9,05,419=73 (Nine lac five thousand four hundred & P. 73) is attached herewith.
(PARMOD KUMAR)
24-A, MODEL TOWN,
PHAGWARA,
THROUGH RAJNEESH MADHOK,
B-XXX/63, NEHRU NAGAR, ST. NO. 2,
RAILWAY ROAD,
PHAGWARA-144401 (PB)
PH: 01824-262569 (O0< 268210 ®, 094173-06415
TELE-FAX: 01824-262569, E-MAIL: rajneesh_madhok@yahoo.com; rmadhok_pgm@bsnl.in
Raj Kumar Makkad
(Expert) 22 November 2009
It shall be appropriate madhok ji if you submit your facts in brief and raise the appropriate quarry in numbering so that se experts may reply you accurately.
Rajneesh Madhok
(Querist) 22 November 2009
Honourable Makkadji,
Regards,
1. Branch Manager of the company has made the fraud by dealing in commodities & derivatives to which he dealt without the consent and knowledge of the customer.
2. The account has been opened about 2-1/2 months back and the customer has approved the manager and he has no knowledge and without his consent the said manager dealt in commodities and derivatives.
3. The branch manager on questioning by Zonal manager, Area manager admitted in thier company that I made transactions in the account of client without his knowledge.
4. He has not submitted the details of transactions made by him.
5. When after 2-1/2 months deal the customer got the copy of his debit balance of Rs 13,87,000/- he became confused to get the detail and again asked the Manager that what is it. He said that the company's head office system might be having fault and then he wrote on the detail that your debit balance is 2,38,320/-. Though the customer asked the reason he told that there may be some deals and I shall check it here after.
6. Then the customer approached to Zonal manager and the Regional manager and the concerned officials and had been requesting them to provide him details about the account. But they were dilly-dallying the matter.
7. When the complaints had been lodged to head office by Speed post and to the concerned officials the company's official came for negotiation and sort out the problem and in the meeting the Branch Manager gave in writing about the fraud made by his end.
8. Now kindly suggest the way out.
Regards,
Rajneesh
