In May ’06 I was persuaded by Shri Dharmender Singh of India Infoline Ltd., Ghaziabad to open an account with them with the assurance that there were no monthly charges. I was not given any password for on-line dealing, and as a result I never operated online. Subsequently, I purchased equity worth Rs.10,000/= off-line.
Now I learn that, they have introduced a monthly levy of Rs.1000/= for on-line facility and without informing me they have sold out my equity holding of Rs.10,000/= and refunded only Rs.2300/= to me. This is fraud and they are not replying to my e-mails. Such is the ethical culture our companies are adopting for their survival. websites, www.indiainfoline.com and www.5paisa.com .
Now I learn that, they have introduced a monthly levy of Rs.1000/= for on-line facility and without informing me they have sold out my equity holding of Rs.10,000/= and refunded only Rs.2300/= to me. This is fraud and they are not replying to my e-mails. Such is the ethical culture our companies are adopting for their survival. websites, www.indiainfoline.com and www.5paisa.com .
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