Petitioner/Complainant has filed this petition under Section 21(b) of the Consumer Protection Act, 1986 (for short, ‘Act’) challenging order dated 23.04.2012 passed by State Consumer Disputes Redressal Commission, UT, Chandigarh(for short, ‘State Commission’) in (First Appeal No. 360 of 2011).

2. In brief case of the petitioner is that, on representations of Respondent No.2/Opposite Party No.2, petitioner opened demat account for online trading with Respondent No.1/Opposite Party No.1 on 24.7.2010. It is stated that as per respondent no. 2, any of the transactions relating to purchase or sale of the shares were to be executed on petitioner’s specific instructions. Petitioner deposited Rs.1,05,000/- in order to earn his livelihood in the form of profit by way of online trading and he instructed respondents to specifically invest in the shares of Bajaj Financial Services and other than that, no transactions shall be done relating to the sale or purchase of the shares, without his instructions. Petitioner further averred that respondents agreed to install/provide trading software in his computer for carrying out the trading but the same was not installed despite his repeated reque