On 28th Oct -11, Reliance MF accepted and processed my redemption request, proceeds of which were to be credited in my back account directly.
They confimed the completion of redemption by a letter stating that the maturity amount has been credited
However the reality was different. There was no credit in my account till 20 days now.
May be instead of my acc , they credited to a different one.
This amounts to da efault and an offence under S. 15D of SEBI act attracting penalty of 1 Lacs a day.
Unfortunately our SEBI & the Tribunal are not transparent enough to provide complaint / grievance links on the web portal.
Can someone suggest how can invovke the provisions and move the case to SEBI / Tribunal
