Is PoA mandatory to participate in Equity Markets / Derivatives Market?

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As per SEBI, PoA is not compulsory for investors to trade. It's completely an investor's choice to authorize someone or not.

Topic: Power of Attorney for Demat Account Article

1 Comments

1. pritam

| Link|April 6, 2022 1:22:08 PMReply

how can one sell shares of restricted basket without POA in angel broking. Angel customer care told to send POA to sale the same. what should i do. I dont want to send POA.

Find more questions on this topic

What is Power of Attorney (PoA)?
What are the types of PoA?
If you choose to give PoA, in whose favor should the PoA be given?
What will be the period for PoA should be given?
What are the things to be taken care while giving PoA?
PoA should be made solely or jointly?
After executing a PoA, does account holder get the copy from stock broker or not?
Is there any family member can authorize the PoA on behalf of account holder?
Before and after giving PoA, what are the things to be taken care by account holder?
Once the PoA given, should the account be operated only by PoA holder?
Can account holder cancel or revoked PoA?
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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