Applicability

Applicability for shortages in obligations arising out of internal netting of trades. If the Client fails to deliver any one or more securities to the pool account of Diamond Hands LLP in respect of the securities sold by the Client which turns out to be an internal position, on or before the pay-in date notified by the Exchange from time to time, for such un-discharged obligation in relation to delivering any one or more securities, attempt shall be made by Diamond Hands LLP to buy the shares from the market on the pay-in day or on the next working day on behalf of the client who has delivered short and deliver the same to the client who has bought them. However, in case for any reason, whatsoever Diamond Hands LLP is unable to buy such quantity, the outstanding obligation of the Client shall be settled in the manner it deems fit and appropriate. The loss, if any, on account of the close out shall be to the account of the Client.