Re: [AI] attestation of LTI's through notary by sebi

2010-10-31 Thread amarnath de

LTI means left hand thumb impression.

--
From: namdeo2000 jadhav.nam...@gmail.com
Sent: Saturday, October 30, 2010 10:46 PM
To: accessindia@accessindia.org.in
Subject: Re: [AI] attestation of LTI's through notary by sebi


You mean to say LHTI and not LTI.
- Original Message - 
From: amarnath de amarnath.de...@hotmail.com

To: accessindia@accessindia.org.in
Sent: Saturday, October 30, 2010 7:51 PM
Subject: [AI] attestation of LTI's through notary by sebi



Hi all,

Hope, you are doing well. Now I would like to draw your kind attention 
regarding a problem of the persons like me who use LTI to avoid mismatch 
of signatures.


In the banks though the problem has to some extent solved instead of a 
few instances, but when we use LTI in our demat accounts of for 
purchasing of mutual funds/bonds the banks demands attestations of LTI's 
through notaries. No other authorities are valid to attest the LTI 
including gazzeted officers.


In my view it is an unnecessary harassment and unnecessary wastage of 
money. Because in Delhi the notaries charge RS. 20-50 per attestation. 
And in forms of mutual funds/bonds there is more than 4-5 signatures. So 
it costs 100-250 rupees to complete a form. If we go to make some 
correction like address, spelling of names or email etcetera then also 
they demands attestation by banks.


The bank says the rules has been formed by sebi and they have nothing to 
do.


Now my question is: why the attestation by the gazzeted officers are not 
valid? Is it not encourages the unfair trade practice by the notaries? is 
there no option? I think when a person has been introduced by the bank, 
there is no need of such troublesome process. And I would request my 
friends to take the matter with the SEBI.


Can you help us to take the matter with sebi and try to find out any 
permanent and acceptable solution?


Regards.

Yours sincerely,
Amarnath De.
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[AI] attestation of LTI's through notary by sebi

2010-10-30 Thread amarnath de
Hi all,

Hope, you are doing well. Now I would like to draw your kind attention 
regarding a problem of the persons like me who use LTI to avoid mismatch of 
signatures.

In the banks though the problem has to some extent solved instead of a few 
instances, but when we use LTI in our demat accounts of for purchasing of 
mutual funds/bonds the banks demands attestations of LTI's through notaries. No 
other authorities are valid to attest the LTI including gazzeted officers.

In my view it is an unnecessary harassment and unnecessary wastage of money. 
Because in Delhi the notaries charge RS. 20-50 per attestation. And in forms of 
mutual funds/bonds there is more than 4-5 signatures. So it costs 100-250 
rupees to complete a form. If we go to make some correction like address, 
spelling of names or email etcetera then also they demands attestation by banks.

The bank says the rules has been formed by sebi and they have nothing to do.

Now my question is: why the attestation by the gazzeted officers are not valid? 
Is it not encourages the unfair trade practice by the notaries? is there no 
option? I think when a person has been introduced by the bank, there is no need 
of such troublesome process. And I would request my friends to take the matter 
with the SEBI.

Can you help us to take the matter with sebi and try to find out any permanent 
and acceptable solution?

Regards.

Yours sincerely,
Amarnath De.
To unsubscribe send a message to accessindia-requ...@accessindia.org.in with 
the subject unsubscribe.

To change your subscription to digest mode or make any other changes, please 
visit the list home page at
  http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in


Re: [AI] attestation of LTI's through notary by sebi

2010-10-30 Thread namdeo2000

You mean to say LHTI and not LTI.
- Original Message - 
From: amarnath de amarnath.de...@hotmail.com

To: accessindia@accessindia.org.in
Sent: Saturday, October 30, 2010 7:51 PM
Subject: [AI] attestation of LTI's through notary by sebi



Hi all,

Hope, you are doing well. Now I would like to draw your kind attention 
regarding a problem of the persons like me who use LTI to avoid mismatch 
of signatures.


In the banks though the problem has to some extent solved instead of a few 
instances, but when we use LTI in our demat accounts of for purchasing of 
mutual funds/bonds the banks demands attestations of LTI's through 
notaries. No other authorities are valid to attest the LTI including 
gazzeted officers.


In my view it is an unnecessary harassment and unnecessary wastage of 
money. Because in Delhi the notaries charge RS. 20-50 per attestation. And 
in forms of mutual funds/bonds there is more than 4-5 signatures. So it 
costs 100-250 rupees to complete a form. If we go to make some correction 
like address, spelling of names or email etcetera then also they demands 
attestation by banks.


The bank says the rules has been formed by sebi and they have nothing to 
do.


Now my question is: why the attestation by the gazzeted officers are not 
valid? Is it not encourages the unfair trade practice by the notaries? is 
there no option? I think when a person has been introduced by the bank, 
there is no need of such troublesome process. And I would request my 
friends to take the matter with the SEBI.


Can you help us to take the matter with sebi and try to find out any 
permanent and acceptable solution?


Regards.

Yours sincerely,
Amarnath De.
To unsubscribe send a message to accessindia-requ...@accessindia.org.in 
with the subject unsubscribe.


To change your subscription to digest mode or make any other changes, 
please visit the list home page at
 http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in 



To unsubscribe send a message to accessindia-requ...@accessindia.org.in with 
the subject unsubscribe.

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visit the list home page at
 http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in