"Ready Delivery Contract" Requires Goods Delivered and Paid Within 11 Days Per Securities Contracts Act 1956 Rules
A "Ready Delivery Contract" under the Securities Contracts (Regulation) Act, 1956, involves the delivery of goods and payment either immediately or within eleven days, as specified by the Central Government. The period cannot be extended by mutual consent. If the contract is settled by monetary differences or other means without actual delivery or full payment, it is not considered a ready delivery contract.