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            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

            Provisions expressly mentioned in the judgment/order text.

            <h1>Spot delivery contract requires actual delivery and payment on the same or next day, including depository transfers.</h1> Definition of spot delivery contract requires actual delivery of securities and payment on the same day or the next day, with postal despatch time excluded when parties are in different localities; it also includes transfers effected by a depository from one beneficial owner's account to another when securities are dealt with by a depository.

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