Non payment by national stock exchange of india

Markets are driven by laws of supply demand.This demand supply guarantee compliance to rules of time value(here 71) intrinsic value(here 75) and movement of the underlying(here Nifty from 5709 to 5625).What you do not understand is that option prices never violate rules of time value intrinsic value and movement of the underlying especially in the first 10 days of Nifty Option Contract (here date is 05.10.2012)Reference to the telephonic talk on 11.11.2016 with Shri S.Lala Ignse Mumbai wherein he agreed to answer the 3 questions in writing.So here are the questions;-1.Pl.show one instance where Day High is less than the sum of Time value plus intrinsic value in the normal first 10 days of Nifty Option Contract.Pl.state date Option Contract and option price. 2.At 5625,option price 55.Pl.send the screen snapshot of Best Five Bids at 5625 in 5700PE25OCT2012 on 05.!0.2012 .3.The automated system failed to suspend trading at 10% and 15% circuit filters.The Spot Nifty fell CONTINUOUSLY to 4889.Evidence of automated system failure.This Day Low of 4889 is as WRONG as Day High 71. Failure to answer any question satisfactorily will make the passing of reimbursement order for Rs121000(NOW Rs.500000) plus charges mandatory as agreed in the telephonic talk.Further,SEBI Consensus as quoted in media reports'The System followed by NSE not robust.Consequently,failed to update option prices.'Referring to 05.10.2012 system failure.(Source:The Indian Express dt.11 Oct 2014 and The Hindu dt 11 Oct 2014).The recorded telephonic talk with Mrs.S.Vaz Ignse Mumbai wherein she accepts the reimbursement claim quoting'logical' Shri Vinay Kumar Dealing Officer SEBI in telephonic talk accepts quoting'galti'of system failure.Shri Abhineet Singh Review Officer SEBI accepts the reimbursement claim as 'positive'Smt.Vershaa DGM SEBI assures passing of the reimbursement claim for Rs121000(NOW Rs.500000)plus delay,misc. charger.