Sub Brokership

rocky9281

Well-Known Member
#1
Do I get terminated as a sub broker if I cannot generate revenue/brokerage ? do I have to compensate for that issue by other means?
 

rocky9281

Well-Known Member
#3
This is generally on relationship basis. Exchanges will only terminate if broker sends a written request. There is no law that you have to compensate.
Suppose I took franchisee of Sharekhan and I fail to generate brokerage for the next 2 years. Will Sharekhan terminate me as their sub broker? And if so, will I get the security deposit back?
 
#4
Suppose I took franchisee of Sharekhan and I fail to generate brokerage for the next 2 years. Will Sharekhan terminate me as their sub broker? And if so, will I get the security deposit back?
Read the damned contract you signed with them man! They can do or force something on you that you haven't committed to them.
 

mark8tune

Active Member
#5
Suppose I took franchisee of Sharekhan and I fail to generate brokerage for the next 2 years. Will Sharekhan terminate me as their sub broker? And if so, will I get the security deposit back?
I you don't want to generate revenue or you think it will take you more than two years to be able to generate revenue why do you want to take sub-brokership ?