Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019

Hi newbie here,

I have sold TCS put PE @2000 at the strike price of 5 rs

So I got the premium of 300X5 = 1500

I want to know how ITM put settled expiry day .

If TCS comes below 2000 then will it asked me how to settle?

1) if money is there in my zerodha account ie 300X2000= 6L then delivery will be executed automatically or do I need to provide instructions?

2) Whether it will be squared off if money is not there

Please clarify, I want delivery of shares in my demat account , by how much time the required margin should be there in my account?

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