I do not have enough funds in me trading account and my bank account and my broker wants to get money from in as of auction penalty, what are the remedies availabe against me?

I HAD SOLD SOME STOCK IN INTRADAY, SUDDENLY THE STOCK TOUCHED THE UPPER CIRCUIT, AND I WAS NOT ABLE TO SETTLE IT ON INTRADAY BASIS. IT RESULTED IN SHORT SALE. I HAD 50000 Rs with me, and that too as a Loan, now my Broker will Auction to give me Shares and Will charges higher amount as per SEBI NORMS and will charges brokerage , auction charges etc. I do not have necessary funds. According to my estimates, my will be aroun 70000, i have in demat aroun 46000. What will happen now ? First of all, i am just a student, and i have yesterday sold my bike to pay my fees. Now what should i do ?? If my broker ask me for money, i seriously do not have it. In Legal sense i am as equivalent as like Insolvant. What shoul i do ? What remidies are availabe to my broker against me ?

The account will go to negative balance , and the broker will ask to clear the debit , if not cleared the broker may go legal action and same will be shared with Exchange.