Rights and Obligations Investor Rights
The right to get
a. The best price
b. Proof of price/brokerage charged
c. Your money/shares on time
d. Shares through auction where delivery is not received
e. Square up amount where delivery not received in auction
The obligation to
a. Sign a proper Member-Constituent Agreement
b. Possess a valid contract or purchase/sale note
c. Deliver securities with valid documents and proper signatures
The right for redressal against
a. Fraudulent price
b. Unfair brokerage
c. Delays in receipt of money or shares
d. Investor unfriendly companies
The obligation to ensure
a. To make payment on time
b. To Deliver shares on time
c. To send securities for transfer to the company on time
d. Forwarding all the papers received from the company under objections to the broker on time


