What powers does a nominee of an incapacitated person have?

Imagine finding yourself in a situation where you cannot manage your investments due to illness or accident. Suddenly, the need for cash arises, but you’re incapacitated, unable to initiate transactions. Even worse, your nominee, typically designated to handle such matters in your absence, finds themselves powerless. Thankfully, the Securities and Exchange Board of India (SEBI) […]

Co-founder, Share Samadhan
23 Feb 2024

POA – Power of Attorney for your Demat account

Traders, Each one of you when opening a demat account with an online broker would have had to sign a POA (Power of Attorney). Sounds like a very serious document and hence arises a lot of questions from investors on why exactly you are signing this piece of document. My first recall of the acronym […]

Founder & CEO @ Zerodha
08 Nov 2012