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What happens if cash is not made available for any settlement dues ?

April 26, 2017cash dues happens

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What happens if cash is not made available for any settlement dues ?

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Pay-in is normally made from your allocation to F&O from your bank account. In case this allocation is insufficient, ICICI Securities reserves the right to debit even unallocated clear funds available in the bank account. In case the allocation for F&O from your bank account is not sufficient to meet the pay-in obligations, ICICI Securities can sell appropriate quantity of securities deposited as margin. The proceeds of the securities sold will then be utilized to meet the pay-in obligations.