Consumer Redressal

I had opened a Demat Account bearing Client ID: 10029494 [DP ID: IN 301364 with Trading Member IFCI Financial Services Ltd., on 18.02.2010 having their office at 211. IInd Floor, Charisma Centre, 19th Road, Chembur, Mumbai 400071, when their M/s. S. Venkatramani, and C.Anand both Sr. Managers, Business Development approached and wooed me to open an account with IFCI as they had joined the services of IFCI Financial Services Ltd. I knew them as they were erstwhile employees of Integrated Enterprises Ltd., where I have been operating a Demat Account since inception of trading in the stock market for the last 30 years and Mr. S. Venkatramani was aware that I have been only a delivery-based investor in the stock market and till date I have never ventured into Derivatives segment due to my sheer ignorance of this system. The Demat Account was opened with IFCI Financial Services Ltd., by transferring shares from Integrated Enterprises Ltd., on the express understanding of trading in del