Comment on Account Opening Process - Corporate,Partnership Firm, & HUF

Vinod Amladi commented on 20 Jan 2015, 10:42 AM

I want to open a T+D account for my HUF and need 2 clarifications on the Demat section:
a) My understanding is that Sole Holder refers to my name/PAN/DoB while the HUF name/PAN should be mentioned in the section at the bottom of the page. Please confirm if this is correct
b) Your post mentions that Karta should sign all documents under HUF stamp. However, if the Sole Holder is me as an individual/natural person, shouldn’t I be signing it in my name (and not as Karta). Please clarify.

Also, pl let me know if there are any additional items to keep in mind over and above those mentioned in your post above. I have filled up the HUF deed and Annexure 1C

Thanks, Vinod

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