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3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct<1/4>, of Selling Price against the Selling Client.
b) Buying Broker to deduct <25%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <1/4>, of the Transacted Price is applicable.