Comment on Consequences of Short delivery - NSE/BSE

Shreyas commented on 18 Jun 2016, 08:59 AM

My account had 100 shares. By mistake I told my broker to sell 600. He sells 600 and later informs me that I did not have 600 shares and there is short delivery. Isn’t it the brokers fault that he didn’t check my account before selling? What’s the purpose of a broker if he is this careless? Is it my liability or his?

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