I sold 10 units of share and couldn’t transfer due to busy schedule at work(Work in abroad)
It’s been 18 days…. Now what happens? Please guide me
P.S. also prime commercial bank changed its account number so it was a hassle
View on r/NepalStock by CoolPotatoDude12
Contact broker. They will give you a form to fill.
The deal will be cancelled and you will have to pay 20% of deal value as compensation/penalty for non delivery. You pay to your broker and they pricess the rest. Its just a massive non-sensical loss.
The fine will be charged 20% of the selling amount if the stock was not transferred within 2 days after the transaction.