defendant no.1 Bank raised the margin cost to the
plaintiff and also demanded to serve the margin call ... margins either by providing additional stocks under
pledge or by reducing the outstanding exposure for maintaining
stipulated margin. Delay in servicing margin call will attract
defendant no.1 Bank raised the margin cost to the
plaintiff and also demanded to serve the margin call ... margins either by providing additional stocks under
pledge or by reducing the outstanding exposure for maintaining
stipulated margin. Delay in servicing margin call will attract
since the accused failed to make payment of
the margin money even after margin call, in time his shares were
squared off in accordance with ... settlement of 8-10 days to
pay margin money. He submitted that no record of any margin calls
was produced before the learned Trial Court
that the trades
were executed with the consent of the petitioner.
Margin Calls:
26. The petitioner argued that the respondent No. 1 unilaterally liquidated ... squared off the positions of the petitioner without any prior margin calls,
notifications or written consent. The claim of respondent No. 1 of having
informed
agreement; (b)any other person
iv. Failure to maintain or provide margin when called
upon the lender.
v. An event of occurrence of default ... SHAZAAD ZAKIR
Signing Date:28.02.2025
14:31:50
always met margin calls, and at no point did the margin fall below 85% (that
being
order has clearly explained the
meaning of margins as detailed under:
"1. INITIAL MARGIN : The initial margin is the percentage of the purchase price ... falls below the initial margin requirement
when marked to the closing price at the end of each day a margin call will be made.
Sometimes
order has clearly explained the
meaning of margins as detailed under:
"1. INITIAL MARGIN : The initial margin is the percentage of the purchase price ... falls below the initial margin requirement
when marked to the closing price at the end of each day a margin call will be made.
Sometimes
segment requires maintaining
margins with the Broker. Whenever there is a margin
shortfall, either the client has to deposit margin money
or square off some ... positions. In the instant case also,
the Petitioner periodically made margin calls on the
Respondent through email and the Respondent also
deposited margin money
segment requires maintaining
margins with the Broker. Whenever there is a margin
shortfall, either the client has to deposit margin money
or square off some ... positions. In the instant case also,
the Petitioner periodically made margin calls on the
Respondent through email and the Respondent also
deposited margin money
assumption that "if there was no margin
shortfall, there was no need to offer additional margin by her."
It is averred that this ... further
averred that in case of so called margin shortage, had the
respondent liquidated only one lot of Reliance Capital, the heavy
loss incurred
