Comment on On the Karvy Issue
commented on
26 Dec 2019, 03:21 PM
Below is an extract of the communication received from National Stock Exchange
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• Be careful while executing the PoA (Power of Attorney) – specify all the rights that the stock broker can exercise and timeframe for which PoA is valid. It may be noted that PoA is not a mandatory requirement as per SEBI / Exchanges.
• Register for online applications viz Speed-e and Easiest provided by Depositories for online delivery of securities as an alternative to PoA.
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In Zerodha – we give standing delivery instruction for all our trades, Why can’t we use Speed-e or Easiest instead?