Forced Sales

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As per extant regulations, we carry out a forced sale for accounts that have become overdue on T+6th day.

The sequence of carrying out the forced sale as at time of this writeup is as follows

First priority sale : CUSA settled Stock on FIFO basis and if no/less stock in CUSA then

POA (Lowest var first ) and if no / less stock in POA then

Last PLEDGED STOCK (Lowest VAR first).

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