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Violations And Penalty

The penal charges under different categories are as under:

Funds and securities shortages

Members failing to fulfill their funds obligations (all markets including the valuation debit raised on account of securities shortages) and members failing to fulfil their securities deliverable obligations to NCL would be subjected to the following penalty structure:

S. No

Type of Non-fulfillment

Penalty Charge % per day

1)

Funds shortages

0.07%

2)

Security Shortages

0.05%

 

Updated On: 11/05/2026