clients mistakenly
believe that the stock broker must contact them for margin call
to be valid, and that the stock broker cannot liquidate the
securities ... case. The Stock broker will attempt to notify the clients or
margin calls, but it s not required to do so. However even if
stock
margin held, within 3 working days deposit
additional margin so as to maintain a minimum cash margin. In case
net margin calls ... respondent breached 60% of the margin held and further 80%
threshold. In view thereof, petitioner communicated the margin calls
to respondent and requested respondent
place the following:
In case the Member has made margin calls to
the client and the client has failed to comply with these
margin calls ... issue by Member
for transactions owing to non-compliance of such
margin calls would bear a remark specifying the same.'
5. It is further
Guild except
on account of top-up required and/or margin calls.
We further direct that in case further pledge of the
shares is required ... order to top-up and/or margin
calls, Guild would file the statement to that effect
before this Tribunal within one week of doing
respond to any of the calls
made by the office of the respondent. The margin requirement
thereafter went upto Rs. 46 lacs. Such calls were ... respondent. The petitioner had also deliberately ignored the calls of
the respondent for demand of the margin money. He submits that in
these circumstances
violated certain provisions of
GDCR and construction is carried out in margin
area and in support of the said contention,
certain reports/communications are relied ... applicant Nagarpalika
has not carried out any construction in the so
called margin area violating the provisions of
GDCR after the order dated 20.07.2017 passed
reads as follows:
'In case of any margin shortfall/pay in default,
margin calls are given to the client over the recorded phone
line ... affairs, which resulted in the deduction of 5% short fall in the margin
alluded to supra.
25. According to learned Arbitrator, petitioner GWMPL is
responsible
judis.nic.in
9
'In case of any margin shortfall/pay in default,
margin calls are given to the client over the recorded phone ... affairs, which resulted in the deduction of 5% short fall in the margin
alluded to supra.
25. According to learned Arbitrator, petitioner GWMPL is
responsible
market
conditions made that margin insufcient and, therefore, the
Petitioner on 26th September 2019 made a margin call of Rs.
19,99,253/- and called ... ARBPL1513-19-CORRECTED.DOC
since it had failed to fulfl the margin or the mark-to-market loss
obligations despite several reminders, the Petitioner
market conditions
made that margin insufcient and, therefore, the Petitioner on 26th
September 2019 made a margin call ... never been
done. The Petitioner on 1st October 2019 made another margin call
of Rs. 1,63,70,050/- (Exhibit E at page
