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#1
15th December 2006, 10:53 PM
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Power Of Atorney
what will happen if i dont sign the power of atorney to the broker/dp? as i read in the form that it is voluntary?
pls reply, thanks regards 
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#2
16th December 2006, 03:41 AM
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Re: Power Of Atorney
If you don't opt for POA then you have to submit a delivery instruction slip after every sell order in cash market at there branch where u have an a/c after 3.30. Incase you are not able to put instruction slip by next day then your stocks u sold will go for auction....that will be nightmare. As with out delivery inst slip signed by you NSDL can't release ur shares.
regards, RN@Equity
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#3
16th December 2006, 03:58 AM
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Re: Power Of Atorney
Quote:
Regards
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#4
9th January 2007, 04:06 AM
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Re: Power Of Atorney
POA for bank account is not at all required by a broker. Be careful! If their intentions are not good, they can withdraw any amount of money anytime from your account if you sign a POA for bank account. You have been warned!
Quote:
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