If it is T+3 for bajaj cap then it's very simple all you have to do is purchase a stock then take a pint of your statement from CDSL on T+2 evening showing stock not credited and file complaint with SEBI.
To find out if they are trading with your money you have to make a note of ledger balance including the paise and then check if it is changing. When it does and you haven't made any trasaction then the trasaction with show up in the back office trasaction list which you can take a print of.
In case you ledger balance is changing but no trasaction details in back office then make sure you have a ealier trascation details printout. Now ledger balance if has changed then money has to move and if it is not being displayed in the back office then you can catch them there as well.
As for you stock missing in the demat account, you can check your stock trasactions from CDSL if you log in to easi or easiEST on the cdsl site.
Back office is also given by Bajaj themselves. Moreover they can show what ever they want in the back office as we cannot cross check. They can simply rotate the same share to many just like banks do with our money. Our savings amount will remain same but it would have gone to someone else and so on. When we withdraw we would get the same way.
Bajaj is with NDSL. I didn't always get sms from NDSL which I should have got for buying and selling. I also use Angel and they use CDSL. But I cannot find the Delivered shares in CDSL. When asked about this, they say that every broker has a pool account and it will go there and it won't go to CDSL as CDSL charges some money. They say it will go to CDSL when Dividends or splits etc.,. are given. They are telling they won't take that Rs.11 as long as the shares don't go to CDSL! (bajaj will take irrespectivly
:annoyed
Is it possible like that? No SEBI and no enforcement?