Legal Question in Securities Law in India
Recently I had applied for equity shares in IPO of a co. thru a leading broker. Due to negligence/some error of broker's staff they forget to 'punch' a bunch of applications which includes my application from. Now the broker is simply saying 'sorry'. If my appication had been 'punched', I would have get firm allotment. Can I claim compensation from the broker?
Asked on 9/03/10, 12:13 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
you can approach the consumer forum for adequate compensation on the grounds of deficiency of service.
Answered on 9/03/10, 12:15 am
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