According to ASE sources, the broker had already paid Rs 7 lakh as liability for scrips traded under settlement No 14 during the week. He has been asked to cough up the remaining Rs 15 lakh to square up his libaility for scrips to be traded under settlement No 15 in the week beginning July 6, to be eligible for trading again. He might pay by cheque, provide a bank guarantee, fixed deposit receipts or equal value of shares.

Although the the broker has been, prima facie, found to be a wilful defaulter, the ASE has apparently taken a lenient view to give him a chance to trade again as per the provisions and to balance his pay-in and pay-out accounts.