Default in delivery-auction schedule

lvgandhi

Well-Known Member
#1
I am trading with religare. I have bought NIITLTD and FEDERALBNK on 21/6/2007. FEDERALBNK is credited on 25/6/2007. But as on today 09:23AM, NIITLTD is not credited. If there is default in delivery, what is the calender schedule for auction and credting of shares by brokers. Any malpractice possible by brokers
 

bsst

New Member
#2
I am trading with religare. I have bought NIITLTD and FEDERALBNK on 21/6/2007. FEDERALBNK is credited on 25/6/2007. But as on today 09:23AM, NIITLTD is not credited. If there is default in delivery, what is the calender schedule for auction and credting of shares by brokers. Any malpractice possible by brokers
i guess its t+5 days.
 

M J

New Member
#3
AS PER EXCHANGE SCHEDULE BY 28TH YOU SHOULD GET YOUR DELIVERY
AS PER CALENDARY SCHEDULE MAXIMUM PAYOUT (THROUGH AUCTION ALSO
IS RECD BY BROKER ON t+5 working days)
 

lvgandhi

Well-Known Member
#4
AS PER EXCHANGE SCHEDULE BY 28TH YOU SHOULD GET YOUR DELIVERY
AS PER CALENDARY SCHEDULE MAXIMUM PAYOUT (THROUGH AUCTION ALSO
IS RECD BY BROKER ON t+5 working days)
Thanks bsst and M J
 

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