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Once the PoA given, should the account be operated only by PoA holder?

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PoA is an authority to given by account holder to PoA holder. By giving PoA does not mean that account holder giving away all his rights to operate the account? So after giving PoA to PoA holder, account holder also has all the rights to operate the account.

Topic: Power of Attorney for Demat Account

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Find more questions on this topic

  1. What is Power of Attorney (PoA)?
  2. Is PoA mandatory to participate in Equity Markets / Derivatives Market?
  3. What are the types of PoA?
  4. If you choose to give PoA, in whose favor should the PoA be given?
  5. What will be the period for PoA should be given?
  6. What are the things to be taken care while giving PoA?
  7. PoA should be made solely or jointly?
  8. After executing a PoA, does account holder get the copy from stock broker or not?
  9. Is there any family member can authorize the PoA on behalf of account holder?
  10. Before and after giving PoA, what are the things to be taken care by account holder?
  11. Can account holder cancel or revoked PoA?
  12. In case of shortage of margin or failure of payment for the securities purchased, will the PoA holder have rights to dispose off securities in the account?
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