When i tried to sell SCRIP NAME : WEIZMAN - INE080A01014 i am getting OMS REJECT Member not allowed to trade in WEIZMANIND EQ.
My broker is Angel Broking.When i contacted them this was their reply.
With regard to your specific grievance of not being allowed to buy and/or sell shares in these stocks , we refer to Byelaw 230 contained in the Byelaws of Bombay Stock Exchange Ltd which states that A member shall not be bound to accept all or any of the instructions or orders of constituents for purchase/sale of securities. He may in his absolute and uncontrolled discretion decline to accept any such instructions or orders for execution wholly or in part and shall not be bound to assign any reason therefor"
My broker is Angel Broking.When i contacted them this was their reply.
With regard to your specific grievance of not being allowed to buy and/or sell shares in these stocks , we refer to Byelaw 230 contained in the Byelaws of Bombay Stock Exchange Ltd which states that A member shall not be bound to accept all or any of the instructions or orders of constituents for purchase/sale of securities. He may in his absolute and uncontrolled discretion decline to accept any such instructions or orders for execution wholly or in part and shall not be bound to assign any reason therefor"