Thanks, Abhishek!
I am clear about the process of pledging but I still have doubts about the removal of the pledge.
As you mentioned, there is a series of pledges that happen when the client authorizes it (broker → CM → CC).
My question is that if Zerodha goes out of business tomorrow, how will the pledge be removed?
Will they be automatically removed or is there a process that needs to be followed for that?
Thanks!