Comment on Latest Pi update - 29th Feb 2016

uma commented on 31 Mar 2016, 09:10 AM

When there is no bar in accepting the third party address as correspondence address, in the case of depositories, (subject to fulfillment of conditions thereof) there cannot be any bar in the case of trading account also. Consider this:- A person investing in shares (cash segment), will have a demat account as well as trading account. Obviously the correspondence address would be same in both the account opening forms and there is no logic in insisting for a different correspondence address for trading account. Hence, justifiably to fulfill the specific need of your clients this could be accepted. Hence please enlighten what further procedures in this regard.

View the full comment thread »