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POA LIMITATIONS
NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rules- When disability strikes, who controls your money? Essential tools to protect your finances
- Demat POA misuse prevention: Stockbrokers implement a new authorisation method for demat debit and pledge, should you opt for it?
- JM Financial shares plunge 19% after RBI restrictions. Here's what happenedShares of JM Financial plunged 19% after RBI barred JM Financial Products from undertaking business in shares and bonds funding. RBI direct...06 Mar, 2024, 09.29 AM IST
- RBI bars JM Financial Products from share and bond funding due to regulatory lapses, company has refuted regulators claimsThe RBI statement directed JM Financial Products to “cease and desist, with immediate effect, from doing any form of financing against shar...05 Mar, 2024, 10.52 PM IST
- RBI bars JM Financial from financing against shares & debentures on serious deficienciesThe action against the non-bank finance major was taken due to certain serious deficiencies with respect to loans sanctioned by the company...05 Mar, 2024, 07.13 PM IST
- Sebi gives more time to implement guidelines on share pledging for margin purposesIn addition, Sebi has extended the deadline to January 27 for the implementation of the framework on validation of instructions for pay-in ...25 Nov, 2022, 08.16 PM IST
- What is power of attorney, who can it be issued to, can it be revoked, limitationsFind out all about the purpose, usage and flaws of this legal document before issuing it to someone.07 Nov, 2022, 01.33 PM IST
- Sebi clarifies on guidelines pertaining to instruction slips for share pledging"In view of the representations by and consultations with broker associations and depositories, it has been decided to widen the scope of D...06 Oct, 2022, 08.23 PM IST
- Sebi extends deadline to implement guidelines on instruction slips for share pledging"In view of the representation received from depositories and that the changes to the systems are still under process, it has been decided ...30 Jun, 2022, 06.38 PM IST
- Buying NRI property through PoA? Take these precautionsMany NRIs prefer to sell their properties through a Power of Attorney (PoA) by assigning a person to do the property registration formaliti...21 Jun, 2022, 11.43 AM IST
- Sebi issues fresh guidelines to curb misuse of clients' Power of AttorneyThe execution of the document -- Demat Debit and Pledge Instruction (DDPI) -- will also be applicable for pledging or repledging of securit...04 Apr, 2022, 06.31 PM IST
- How brokerages misuse clients’ power of attorneys & how can investors protect themselvesThe shock wave is not limited to such clients alone, but also to the lending community.07 Dec, 2019, 04.32 PM IST
- Sebi declines Karvy's plea to use PoA for settling clients' pay-in obligations to exchangesSebi had barred Karvy from taking new clients in respect of its stock broking activities.02 Dec, 2019, 02.09 PM IST
- How to safeguard against demat account fraudPotential for demat account frauds is low today but investors need to remain vigilant as unscrupulous brokers intent on cheating do find wa...11 Mar, 2019, 06.30 AM IST
- Easy ways for NRIs to invest in Indian stock marketThere are various ways in which operational procedures and paperwork involved in carrying out investments can be facilitated and efficientl...14 Aug, 2017, 06.30 AM IST
- Smart things to know: Power of attorney in mutual fundsMutual fund investors can issue a power of attorney to a designated person in order to operate their folios and conduct transactions on the...15 Jul, 2013, 06.04 PM IST
- Power of attorney & Letter of authority: Points of distinctionNo, there's a difference between the two authorising documents. This depends on the nature of work and the manner in which it is to be exec...07 Nov, 2011, 08.29 AM IST
- RBI seeks wealth management details post Citibank scamThe Reserve Bank of India (RBI) has asked select banks to share details of their wealth management businesses following the 400-crore fraud...13 Jan, 2011, 12.19 AM IST
- Home & away loans for NRIsThere are some differences in the terms and conditions applicable for NRIs. Here are few points to get started.28 Mar, 2007, 10.27 AM IST
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