Comment on POA - Power of Attorney for your Demat account

Nithin Kamath commented on 05 Apr 2016, 01:42 PM

No, Easiest has still not been implemented. It will take time. It is an operational issue supporting a client using Easiest. If we allow you to sell shares without you transferring them to us, we take risk of you not transferring and us taken to auction. If you transfer shares to us first and dont’ sell, what do we do with the shares. So yeah, we will probably implement it, but will take time.

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