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Delivery in Deriviatives

This query is : Resolved 
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(Querist)
05 February 2010 Can anyone take delivery in derivative contracts such as forward contract, call and put options etc.
Although most of the transactions are settled through price difference but is it permisible to take delivery ? If yes , what is the procedure for that ?
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
19 February 2010 In India, the future and forward contracts on stock exchanges, including options, are not allowed to be settled by delivery. They need to be compulsarily settled through price difference mechanism. So, you cant take delivery througn futures and options.
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