Bought some share, and there was delay in payment, in such case, should we be paying 20% fine and get rid of the shares or we should pay the purchase amount and 20% fine.
Can we doge the purchase shares and only pay fine?
More at: r/NepalStock by SnooGadgets6366
1 comment
There is no fine for delay in payment as far I know, I had delayed payment as long as 15 days while buying on dip maxing out my collateral. When you buy the shares, Broker buy those stock and put them on their share pool and send them to you when you pay them but in case of selling them and not transferring shares, You need to pay fine because you disturb the process.
If you already have shares, You can sell your shares on Top and Net Settle your previous buy order.