Legal Question in Criminal Law in India

A investor invest Rs.1,500,000/- into the share market through a broker.

The investor loses the amount and now he is asking the broker to return the money.

Is the investor legally entitiled for the amount lost in the share market?

Legally, Is the Broker liable to pay the entire amount back?

Please answer the querry.

Thanks and regards


Asked on 2/13/11, 11:33 pm

2 Answers from Attorneys
Sanjay Kalra Sanjay Kalra & Associates

Investor is not entitled to get single penny from the Broker .

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Answered on 2/14/11, 12:28 am
Shrichand Nahar S.V.Nahar, Advocate

It all depends on the terms of contract between broker and investor.

In case broker has not entered into a contract having obligations on the broker provided in the contract and had purchased/sold shares as per the instructions received from his client from time to time, then broker is not liable or responsible in any manner.

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Answered on 2/14/11, 1:29 am


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