Summary of the case This is a case of cheating and fraud where I was lured and trapped into a lucrative scheme with assured good returns on investment. 14.40 lacs in installments by cheques and shares worth over 3.5 lacs were transferred from my old DMAT Account No. However it was agreed that the negative consequences or losses will be borne by Alankit, if any. also offered me an income tax saving scheme where he can provide me the capital loss certificates from one of this companies/concerns to avoid Income Tax. Of course, I had seen such certificates being issued to various people for consideration. now suddenly informed me on 2nd July 04 vide their letter dated 30th June 2004 that on my instructions he had sold off shares from my account worth Rs.75,84,208.65/- on and that I have to still pay him Rs.32,72,631.59/-. However, summary of the case is placed at Section-C of this statement." "C. I understand that his money was either not claimed by the investors or the payment was delayed to them, as the case may be. He also promised me 25% of profit sharing coming from this trading a/c. The DEMAT account was nevertheless frozen since in terms of NSDL's procedure the user of a speed-e facility can freeze/disable/discontinue his speed-e account from his own computer without making a request to the DP/or NSDL.
Puri, whereby the Petitioner has been directed to return to Respondent No. 1 entered into an agreement on 2nd January 2004 with the Petitioner, which is a trading member of the National Stock Exchange (`NSE'), for trading in securities under Code No. Respondent No.1 also had a DEMAT account (No.10651928) with the Petitioner, which is also a Depository Participant under No. It is further stated that due to heavy trading undertaken by Respondent No.1, an amount of Rs.1,08,56,840.24 was outstanding in his trading account as on 28th June 2004.The Company has its headquarter in Delhi with 18 Regional Offices in Mumbai, Kolkata, Chennai, Ahmedabad, Bengaluru, Hyderabad, Lucknow, Jaipur, Indore, Chandigarh, Pune, Bareilly, Cochin, Amritsar, Ludhiana, Ranchi, Bhubaneswar and Guwahati. has overseas offices in London, Singapore and Dubai.Alankit Assignments Ltd Alankit House 2E/21, Jhandewalan Extension, New Delhi - 110055 Website: https:// Email: [email protected]: (011) 4254 1234 Fax: (011) 4254 1967 Current SME IPO SME IPO Subscription Status SME IPO Calendar Performance Tracker SME IPO SME IPO Listing Date & Gains SME IPO Allotment Status SME IPO Reviews General IPO Information IPO Grey Market IPO FAQ IPO Reports (Historic) Tutorials Point (India) Ltd Novateor Research Laboratories Ltd Salasar Exteriors and Contour Ltd Transpact Enterprises Ltd Alphalogic Techsys Ltd Wonder Fibromats Limited SK International Export Limited A B Infrabuild Limited City Pulse Multiplex Limited More SME IPO...Ashok Aggarwal and were restored to her by an intervention of the NSE after the complaint was lodged with them. 1 gave instructions to NSDL on 28th June 2004 to freeze the DEMAT Account. Ashok Aggarwal "reacted sharply and fraudulently transferred all the shares from his DEMAT Account to his pool account on the same date and emptied it. A reply was filed to the above complaint by the Petitioner in Form No.3 before the NSE on 4th May 2005.It was alleged that the share of the brother-in-law of Respondent No. Later he allegedly sold these shares on 29th June 2004." It was claimed that the Petitioner presented an old cheque of Respondent No. Paras 12, 13, 14 and 15 of the reply read as under: "12. He was fully aware of the transactions of his DMAT and securities trading accounts and also margin money accounts for securities trading.He was regularly being provided with all the contract notes, sale bills and other documents.He never objected in whatsoever manner until 8/10-7-04.Companies/owners wanting to update information please Click here.Incorporated in 1991, Alankit Assignments Ltd provideds services from offline & online trading in Equity, Future and Option segments, Commodities, Currency Derivatives, Debt Market, Interest Rate Futures, Portfolio Management, Pharmaceutical Retail, Third Party Administrator (TPA) to Pension Services. Since there was no follow up of any kind I accepted their statement to be true, lest realizing their malafide intentions and criminal plans. Later these cheques were reported to me to have been destroyed by Alankit.