Restatementization is a process by which the MF units held in electronic form are converted into physical form i.e., Statement of Account
Any trade that is cleared and settled without the participation of a clearing corporation is called off market trade. Transfer due to a transaction done on a person to person basis is called 'offmarket' transaction
Seller gives Off-market Delivery Instructions to his DP to move securities from his A/c to the buyer's A/c. Buyer automatically receives the credit of the securities into his A/c on the basis of standing instruction for credits.
Buyer receives credit of securities into his A/c only if he gives receipt instructions, if standing instructions have not been given. Funds move from buyer to seller outside the Depository system
The instruction will be triggered on the execution date. If sufficient balance is not available, then instruction will wait till EOD.
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