Thanks alroyraj for inquiring on my behalf.
After I posted my query I visited Indiabulls Office and Inquired about the same.
The people in office had no clue of this either.
They then rang someone and confirmed that it is possible to trade in MFSS.
But I have yet to hear from actual users of indiabulls.
Its strange that this scheme was launched in NOV 2009 and yet it has not gained the kind of momentum we expected.
Regards
Ajay