Exchanges do not accept RTI. You can only ask information with SEBI which they will never give easily.
NSE acts as an informer to the Brokers whereby they retrieve the critical information /Complaint from Client and provides the information to the Broker but do not provide the complete documents /information to the client from Brokers and the clients are made to fight their Cases with incomplete information and as a result loose their case. NSE also does not support or provide any information about your account till they are forced by the Arbitrators. That is why it does not want to come under RTI.
Moreover, Investor Service Cell exposes your case to the Brokers but Brokers firmly says that they will speak at the right Platform i.e Arbitration. Accordingly, the Platform is created for Brokers to Fight against Client and with sudden magic produces / discloses certain non-executed documents (got signed by client through misrepresentation) and other evidences that never existed before and Client may not be aware about those facts.
Illegal unauthorized trading is being carried out by the Stock brokers under the umbrella / shelter of NSE and is not monitored as desired by SEBI.
The matter has been published in the magazine "Money Life".
Writ Petition has been filed by Sachin Bhardwaj , Honorary Secretary INVESTOR PROTECTION GROUP, against Securities and Exchange Board of India (SEBI) and National Stock Exchange (NSE), in the interest of the Public at Large, Seeing the gravity of the Case Hon’ble Justice Vipin Sanghi has referred it to Division Bench of Hon’ble High Court, Delhi in the Category of PIL and will be heard on 16 November.
INVESTOR PROTECTION GROUP and PEOPLE FOR THE NATION have come into existence to help / guide the affected persons without any Charges. You may call on 9810933322, 9810045020 and share grievances against Share Brokers / SEBI / NSE / MCX on investorprotectiong@yahoo.com . Be careful, you may be the next victim of the ongoing Organised White Collar Stock Market Scam.
