Comment on Quarterly settlement of funds & securities

Dear zerodha,

I am an old customer of zerodha and my demat account linked with zerodha is that of IL & FS, so will this be a problem for quarterly settlement through overnight liquid funds, as these funds are bought in to your demat account. If my demat account is not changed to zerodha demat, will this quartely settlement via liquid fund be not possible in future ?
Regards
Sunith

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