Intraday trading in derivatives on banned list

Creating fresh positions in derivatives on securities on banned list results in penalties. I want to know how zerodha handles it.

  1. Can I create fresh positions in such derivatives by placing an order on the Kite or through Kite API? Will such orders go through or get rejected?

  2. If they go through, I square up these positions intraday, will there be penalty?

  3. Derivatives here mean futures only or includes options?


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