icon Claim on stock advisory firm

I hire a advisory firm of indore. They have sebi license. I paid them 16500 fro fee and took 2 lakh loss on there fake advices. Now when i make complaint on several web portals. They give me refund of


A. You can take legal action. These stock brokering firms are registered with NSE which has a provision for arbitration. You can invoke that to enter into arbitration. You will have to collect proper evidence, as the chances of success are comparatively less. The evidence would be intimation to you for making the impugned transactions which resulted in loss, phone recordings, e-mails and specifically the agreement which usually has a clause to prevent any further transactions beyond incurring of a ...ReadMore

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Narendra  Dubey

Narendra Dubey

Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

icon If someone gave 2 lakh as loan in cash,then, penalty ? Yes or No ?

Say yes or no... Is there any penalty on person Who gave loan of 2 lakh as cash....


A. Dear Sir,
No institution take suo motto cognizance of offense as the law enforcing authorities preoccupied with some other serious activities. Let the criminal law set into motion with evidence and follow up the same then talk about the punishment. If such petty issues taken into consideration including you and me will be behind the bars.
Please give me Rank 5 if you feel my answers also helped you

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Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

icon Financial fraud

I made online purchases. The product provider made a delay in delivery, this was even before the lockdown. Then the lockdown started, I asked for a refund and they started to make non logic responses


A. Hi Ali,

It seems to refund issue.

You have all the rights to cancel the product and seek for refund as per the consumer law. I request to follow the same:-

A. Send a E-mail asking the seller to refund the amount with interest and timeline.
B. Failing which, you may approach consumer forum for a refund of the amount, interest and mental agony along with litigation expenses.

Thanks

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Latest Response 4 years ago
Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

icon Trading in Forex Market

I am a professional from India. I am looking for a job in a London firm where I will be trading in Forex in that firm's account but From India. For example, I will be trading in EURUSD from India but


A. Dear Sir,
It is not known when such trade will be declared as illegal.

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icon Finace cheatining case

A manager working Kanva co-operative society (which is bancrupted recently in Banglore) taken 10 lakhs as investment from me. When I approached him he told, he has invested all my money in shares thro


A. Dear Sir,
You may immediately approach police and also lodge complaint with head office of the said Society and also file private complaint in a local Magistrate Court.

Please contact me through the administrators of this website.

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icon Coin or chillar Exchange

Excess coins is the big issue, To resolve that issue , we wish to build coin exchange app . Is this legal or need RBI or government approval ? We wants just to connect two needs one who has excess an


A. Dear Sir,
It is better to send a representation to the concerned RBI branch seeking permission if no reply is received then you can proceed with your proposed business.

Please take PAID phone call with me through VIDHIKARYA and get more legal guidance.

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A. Dear Sir,
You may get issue a legal notice and file a civil suit.

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icon Cheated by online trading firm

I was recently lured in stock market trading in futures and options. Person on the other end called me many times to convince me. Tall promises were made of returns however an investment of approx 2 l


A. File a complaint to IGRP "Investor Grievance Redressesal Panel"

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Banerjee Law Chambers. Prodyut Banerjee- Advocate

Banerjee Law Chambers. Prodyut Banerjee- Advocate

Shah Rukh  Ahmad

Shah Rukh Ahmad

icon Prop trading as financial services

As mentioned in the FAQs regarding the overseas direct investment in RBI's official website stating that for an Indian entity investing in a WOS in a foreign country operating in financial services se


A. Approach to the any charted accounts for better understanding please

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Latest Response 4 years ago
Rameshwar  Dadhe

Rameshwar Dadhe

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icon Stock Advisory firm gave wrong call and cheated me

Hi, Recently I have subscribed to a basic plan of a stock Advisory firm worth Rs 10,000 and the subscription plan includes advice only on "stock cash" only but the executive of the company gave me Ban


A. Issue a legal notice and thereafter if they do not comply file a money recovery suit.

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