{"id":18444,"date":"2026-07-22T10:51:19","date_gmt":"2026-07-22T10:51:19","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=18444"},"modified":"2026-07-22T12:38:37","modified_gmt":"2026-07-22T12:38:37","slug":"short-delivery-explained","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/short-delivery-explained\/","title":{"rendered":"What Happens When Shares Aren&#8217;t Delivered? Short Delivery Explained"},"content":{"rendered":"<ul><li><a class=\"aioseo-toc-item\" href=\"#\">What Exactly Is\u00a0Short\u00a0Delivery?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#\">How Does BTST Trading\u00a0Lead to\u00a0Short Delivery?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#\">What Happens Immediately After a Short Delivery?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#\">How Does the Auction Market Actually Work?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#\">What Happens If the Auction Fails?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#\">What Should You Do as a Buyer or Seller?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#\">Conclusion<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#\">Frequently Asked Questions<\/a><\/li><\/ul>\n\n\n<p class=\"wp-block-paragraph\">Short delivery occurs when a seller is unable to deliver the shares sold by the applicable <a href=\"https:\/\/navia.co.in\/blog\/tag\/trade-settlement\/\" title=\"trade settlement\">settlement<\/a> deadline, resulting in a delivery shortfall. The&nbsp;exchange&#8217;s&nbsp;clearing corporation&nbsp;facilitates&nbsp;settlement&nbsp;in accordance with&nbsp;the applicable exchange and clearing corporation framework. Where a delivery shortfall occurs, the auction mechanism may be used to complete settlement. This blog explains how the short delivery and auction settlement process works, so you can better understand what happens if one of your trades is affected by a delivery shortfall.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-0858c97ff796179264ace4527f060df1\" style=\"color:#032268\"><strong>What Exactly Is&nbsp;Short&nbsp;Delivery?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Under the current&nbsp;<strong>T+1&nbsp;<\/strong>settlement cycle, if you sell shares on Monday, they&nbsp;are required to&nbsp;be delivered by Tuesday. If the shares are not delivered within the applicable settlement timeline, the transaction is treated as a short delivery under the applicable exchange framework. The&nbsp;exchange&#8217;s&nbsp;clearing corporation&nbsp;facilitates&nbsp;settlement&nbsp;in accordance with&nbsp;the applicable exchange and clearing corporation framework. Where a delivery shortfall occurs, the auction mechanism may be used to complete settlement instead of cancelling the trade.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-a4ccc44cd31b29e10ede47dfe547aca5\" style=\"color:#032268\"><strong>How Does BTST Trading&nbsp;Lead to&nbsp;Short Delivery?<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One common cause of short delivery is<strong><a href=\"https:\/\/navia.co.in\/blog\/tag\/btst-trading\/\" title=\"BTST trading\">&nbsp;BTST (Buy Today, Sell Tomorrow)<\/a>&nbsp;<\/strong>trading. Since shares are credited to your demat account only after settlement is completed, selling them before they are available for delivery may result in a delivery shortfall if the purchase settlement is delayed.&nbsp;Accordingly, some brokers may impose restrictions on BTST transactions based on their risk management policies until the shares are available for delivery.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-78aaea3595931193d0215b0c0096c6cd\" style=\"color:#032268\"><strong>What Happens Immediately After a Short Delivery?<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Once the exchange&nbsp;identifies&nbsp;a delivery shortfall under the applicable settlement framework, it debits the defaulting seller&#8217;s account by an amount known as the&nbsp;<strong>valuation debit<\/strong>, calculated&nbsp;in accordance with&nbsp;the applicable exchange and clearing corporation framework. This helps secure funds against the shortfall while the clearing corporation&nbsp;initiates&nbsp;the auction process to&nbsp;procure&nbsp;the required shares, where applicable.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-c273b2f4e0b7c8750491d83c4f1fb3e5\" style=\"color:#032268\"><strong>How Does the Auction Market Actually Work?<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The auction market is a separate trading session, accessible only to exchange&nbsp;members,&nbsp;that is used to&nbsp;procure&nbsp;shares not delivered by the defaulting seller. The auction process is conducted&nbsp;in accordance with&nbsp;the applicable exchange settlement schedule and, under the current framework,&nbsp;generally takes&nbsp;place on T+1. Where the required shares are successfully&nbsp;procured&nbsp;through the auction, they are delivered to the original buyer, with settlement generally&nbsp;completing&nbsp;on T+2.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Day<\/strong><\/th><th><strong>What Happens<\/strong><\/th><\/tr><\/thead><tbody><tr><td>T (Trade Day)&nbsp;<\/td><td>Trade executes; seller must deliver shares&nbsp;<\/td><\/tr><tr><td>T+1&nbsp;<\/td><td>Exchange&nbsp;identifies&nbsp;the shortfall; valuation debit applied; auction conducted&nbsp;<\/td><\/tr><tr><td>T+2&nbsp;<\/td><td>Auction settlement completed. Where the auction is successful, the buyer receives the shares. Where it is unsuccessful, settlement is completed through the applicable close-out mechanism.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/open.navia.co.in\/index-navia.php?utm_source=Organic&amp;utm_medium=blog&amp;utm_campaign=blog&amp;utm_content=short+delivery+and+auction\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"341\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/Ready-to-Start-Your-Investing-Journey-1024x341.png\" alt=\"\" class=\"wp-image-18448\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/Ready-to-Start-Your-Investing-Journey-1024x341.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/Ready-to-Start-Your-Investing-Journey-300x100.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/Ready-to-Start-Your-Investing-Journey-150x50.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/Ready-to-Start-Your-Investing-Journey-768x256.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/Ready-to-Start-Your-Investing-Journey-1536x512.png 1536w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/Ready-to-Start-Your-Investing-Journey-2048x683.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-f2113bb1c1d28fbb5dd1a0fc59990cf5\" style=\"color:#032268\"><strong>What Happens If the Auction Fails?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If the required shares are not successfully&nbsp;procured&nbsp;through the auction, settlement is completed&nbsp;in accordance with&nbsp;the applicable close-out&nbsp;methodology&nbsp;prescribed by the exchange and clearing corporation. Under the applicable exchange rules, the defaulting seller may incur&nbsp;additional&nbsp;financial obligations arising from the close-out process.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-9e27ed9130886fa412b323e6c3b610c0\" style=\"color:#032268\"><strong>What Should You Do as a Buyer or Seller?<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As&nbsp;the&nbsp;buyer, you&nbsp;generally do&nbsp;not need to take any action. Where a transaction is affected by a short delivery, the&nbsp;exchange&#8217;s&nbsp;clearing corporation manages the auction or close-out process&nbsp;in accordance with&nbsp;the applicable framework, and your broker may&nbsp;notify you, subject to its communication process. As the seller, ensure that the shares intended for delivery are available in your <a href=\"https:\/\/navia.co.in\/blog\/tag\/demat-account\/\" title=\"demat account\">demat<\/a> account before placing a delivery sell order to help avoid a delivery shortfall.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-65165dc1eb8c7b51d581a7f9b228cbde\" style=\"color:#032268\"><strong>Conclusion<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A short delivery may seem concerning at first, but the auction market and close-out mechanism are designed to&nbsp;facilitate&nbsp;settlement&nbsp;in accordance with&nbsp;the applicable exchange and clearing corporation framework. Understanding the sequence\u2014delivery shortfall,&nbsp;valuation&nbsp;debit, auction process, settlement, and, where applicable, close-out\u2014can help you better understand how such situations are handled. As a seller, ensure that only shares available for delivery in your demat account are sold to help avoid delivery shortfalls.&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong><em>Did you find this interesting<\/em><\/strong>?<\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-8f761849 wp-block-group-is-layout-flex\">\n<p class=\"wp-block-paragraph\">Tell us your feedback <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc?typeform-source=navia.co.in\"><img decoding=\"async\" width=\"300\" height=\"64\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png\" alt=\"feedback yes or no button\" class=\"wp-image-8901\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/02\/Yes-No-Button-1-150x32.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<h1 class=\"wp-block-heading has-text-align-center\"><strong>Frequently Asked Questions<\/strong>&nbsp;<\/h1>\n\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-9ac18935-4b10-44b7-81c6-7fcb578ca05b\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-9ac18935-4b10-44b7-81c6-7fcb578ca05b\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-9ac18935-4b10-44b7-81c6-7fcb578ca05b\" style=\"color: #000000; \"><strong>What does short delivery mean in the stock market?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-9ac18935-4b10-44b7-81c6-7fcb578ca05b\">\n\n<p class=\"wp-block-paragraph\">Short delivery occurs when a seller\u00a0fails to\u00a0transfer the shares they sold to the buyer&#8217;s demat account by the T+1 settlement deadline.<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-3b032498-ce10-4cfb-8b2d-c49e92afe566\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-3b032498-ce10-4cfb-8b2d-c49e92afe566\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-3b032498-ce10-4cfb-8b2d-c49e92afe566\" style=\"color: #000000; \"><strong><strong>Does the buyer lose money if the seller\u00a0short delivers?<\/strong>\u00a0<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-3b032498-ce10-4cfb-8b2d-c49e92afe566\">\n\n<p class=\"wp-block-paragraph\">Generally no. The exchange guarantees settlement through the auction market, and if the auction fails, the buyer receives cash compensation through a close-out instead.<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-0aab1489-a981-413d-83fa-1ba323f0df3c\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-0aab1489-a981-413d-83fa-1ba323f0df3c\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-0aab1489-a981-413d-83fa-1ba323f0df3c\" style=\"color: #000000; \"><strong><strong><strong>When does the auction for short-delivered shares take place?<\/strong><\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-0aab1489-a981-413d-83fa-1ba323f0df3c\">\n\n<p class=\"wp-block-paragraph\">\u00a0On T+1, the same day the shortfall gets\u00a0identified, with the auction settlement completing on T+2.<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-86777bd9-36ef-4e98-a21f-5de2fc0479a9\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-86777bd9-36ef-4e98-a21f-5de2fc0479a9\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-86777bd9-36ef-4e98-a21f-5de2fc0479a9\" style=\"color: #000000; \"><strong><strong><strong><strong>Why does BTST trading sometimes cause short delivery?<\/strong>\u00a0<\/strong><\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-86777bd9-36ef-4e98-a21f-5de2fc0479a9\">\n\n<p class=\"wp-block-paragraph\">\u00a0Because\u00a0you&#8217;re\u00a0selling shares before your own purchase settlement fully completes, occasionally leaving you unable to deliver on time \u2014 which is why\u00a0some brokers may restrict\u00a0BTST sales until shares are confirmed in your account.<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-e69726d3-46e0-4f0f-bdaa-80cee2765c72\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-e69726d3-46e0-4f0f-bdaa-80cee2765c72\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-e69726d3-46e0-4f0f-bdaa-80cee2765c72\" style=\"color: #000000; \"><strong><strong><strong><strong><strong>What is a valuation debit?<\/strong><\/strong><\/strong><\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-e69726d3-46e0-4f0f-bdaa-80cee2765c72\">\n\n<p class=\"wp-block-paragraph\">\u00a0It&#8217;s\u00a0the amount the exchange debits from a defaulting seller&#8217;s account\u00a0immediately\u00a0after a short delivery,\u00a0calculated\u00a0in accordance with\u00a0the applicable exchange and clearing corporation\u00a0methodology.<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-a6347d93-a1cb-4c87-bae3-abc5f2c20239\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-a6347d93-a1cb-4c87-bae3-abc5f2c20239\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-a6347d93-a1cb-4c87-bae3-abc5f2c20239\" style=\"color: #000000; \"><strong>What happens if the auction\u00a0can&#8217;t\u00a0find enough sellers?<\/strong>\u00a0<\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-a6347d93-a1cb-4c87-bae3-abc5f2c20239\">\n\n<p class=\"wp-block-paragraph\">\u00a0The exchange completes settlement through the applicable close-out mechanism\u00a0in accordance with\u00a0the relevant exchange and clearing corporation rules.<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong>DISCLAIMER:<\/strong>&nbsp;<strong>Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Full disclaimer:&nbsp;<a href=\"https:\/\/bit.ly\/naviadisclaimer\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/bit.ly\/naviadisclaimer<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fnavia.co.in%2Fblog%2Fhow-to-read-a-contract-note%2F\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><a href=\"https:\/\/twitter.com\/intent\/tweet?text=How%20to%20Read%20a%20Contract%20Note%3A%20Everything%20You%20Need%20to%20Know&amp;url=https%3A%2F%2Fnavia.co.in%2Fblog%2Fhow-to-read-a-contract-note%2F\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https%3A%2F%2Fnavia.co.in%2Fblog%2Fhow-to-read-a-contract-note%2F\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><a href=\"https:\/\/api.whatsapp.com\/send?text=How%20to%20Read%20a%20Contract%20Note%3A%20Everything%20You%20Need%20to%20Know%20https%3A%2F%2Fnavia.co.in%2Fblog%2Fhow-to-read-a-contract-note%2F\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><a href=\"https:\/\/telegram.me\/share\/url?url=https%3A%2F%2Fnavia.co.in%2Fblog%2Fhow-to-read-a-contract-note%2F&amp;text=How%20to%20Read%20a%20Contract%20Note%3A%20Everything%20You%20Need%20to%20Know\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Short delivery occurs when a seller is unable to deliver the shares sold by the applicable settlement deadline, resulting in a delivery shortfall. The&nbsp;exchange&#8217;s&nbsp;clearing corporation&nbsp;facilitates&nbsp;settlement&nbsp;in accordance with&nbsp;the applicable exchange and clearing corporation framework. Where a delivery shortfall occurs, the auction mechanism may be used to complete settlement. This blog explains how the short delivery and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ub_ctt_via":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[16],"tags":[1201,1202,11,7,21,224,1199],"class_list":["post-18444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading","tag-auction","tag-auction-market","tag-financial-goals","tag-indian-stock-markets","tag-investments","tag-navia-app","tag-short-delivery"],"aioseo_notices":[],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/shortdeliveryexplaine.jpeg","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"jetpack_featured_media_url":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/shortdeliveryexplaine.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/18444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=18444"}],"version-history":[{"count":5,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/18444\/revisions"}],"predecessor-version":[{"id":18452,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/18444\/revisions\/18452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/18446"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=18444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=18444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=18444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}