Comment on Consequences of Short delivery - NSE/BSE

VIJAY KUMAR commented on 22 Mar 2017, 04:28 PM

Dear Sir

I Have purchased Sundaram Clayton 1 share on 2nd March 2017 in BSE & further
purchased Sundaram Clayton 10 shares on 15 th march 2017 in BSE &
sold Sundaram Clayton 11 shares on 16 th march 2017 in BSE

You have send me mail on 17th march 2017 that Sundaram Clayton 10 shares which was purchased on 15th march 2017 was short delivered.

1. As a client how will i come to know that the delivery was short delivered & u delivered the quantity in auction on T+3 day ie 20th March 2017 & u made auction for sell qty of 10 shares which i sold on 16th march 2017.You have said to me bear the loss in auction.

2.Moreover i purchased further 75 shares on same day on which i sold 11 shares then how come u made the auction.

3.Till now you have not have sended the auction note which you have told when i contacted over telephonic conversation.Why you have not sended the auction note till today 22nd march 2017 though u have said auction was made on 20 th march 2017.

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