Rights

1. To Give instruction for execution of sale/ purchase of Securities
2. To receive proof of executed transaction,i.e Qty traded, market price and brokerage charged.
3. To receive delivery in time and money as the case may be.
4. In case shares not received even in auction to receive square up amount.
5. In case of grievance ,may complained to concerned stock exchange, SEBI.

Obligations

1. To sign proper member constituent agreement
2. To deliver valid securities in time.
3. To make payment in time.
4. Due care in handling their own capital market operations.

For further reference you may also go to the following sites

  1. http://www.nseindia.com/
  2. http://www.sebi.com/
  3. http://nsdl.co.in/