Comment on Latest Pi update - 29th Feb 2016

uma commented on 30 Mar 2016, 09:53 PM

Excuse me, This query is not related to trading platform. SEBI as per their circular “CIR/MRD/DP/ 37 /2010 December 14, 2010, allows acceptance and capture the address of some person other than the beneficial owner(BO) (third party) as a correspondence address in the details of the demat account of the BO. I trade only in futures and hence do not have demat account but I’m having trading account. Without any change in the details of permanent address, E Mail id, or Bank account details, would you accept my relative address at Maharashtra or at Karnataka as correspondence address . Whether any formalities are to be fulfilled in this regard. Whether my name should appear in the correspondence address or whether my relative name should appear if I wish to make use of this provision. Please clarify.

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