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| Discuss Default in delivery- broker fraud or real? at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I bought 75 shares of NIITLTD though religare on 21.jun 2007. It was not credited ... |
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#1
11th July 2007, 02:56 AM
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Default in delivery- broker fraud or real?
I bought 75 shares of NIITLTD though religare on 21.jun 2007. It was not credited upto 30/06/2007. As I understood from a post in these forums, even in case of default be seller it should be credited by 28/06/2007.
1) How the auction mechanism and its calendar works? 2) Is there a possibility to cross verify whether there was a default by a seller in that exchange for that settlement? 
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