Comment on Consequences of Short delivery - NSE/BSE
It is not true, it just happened to me today, I shorted 6500 shares, and tried to square it off at 3:13 pm. But due to some issue in zerodha, the order didnt go through. And to the surprise, even zerodha also didnt square it off.
I wont pay any penalty for it. It is zerodha’s issue, not mine.
If you are so sure of your system. i am safe