Am I allowed to revoke authorisation for stocks which are already traded?

Client shall be allowed to revoke scrips only if:


  • Scrips are available under demat holdings and are authorised from CDSL
  • No order is pending for the scrip in the order book.
  • Not a single quantity is executed on the scrip on that day.


Eg. Suppose, client has authorised below scrips on CDSL


Stock NameIs order pending in order bookOrder pending quantityQuantity tradedIs scrip authorised from CDSL
RelianceYes104Yes
TCSYes40Yes
InfosysNo0Yes
ITCYes121Yes
SBINNo0Yes


Now, here clients are allowed to revoke the authorisation for Infosys and SBIN scrip only.


If a client cancels the pending order for Reliance and TCS, he/she shall be allowed to revoke authorisation for TCS scrip only as no quantity was traded for TCS on the day. For Reliance, revocation shall not be allowed as 4 quantities were traded.

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