My signed Power of Attorney is still in courier. Can I still trade?

asked Mon, May 28, 2018 12:00 AM

Demat Power of Attorney (POA) is needed only for sell or pledge shares. You could still buy shares which will be transferred to your demat account on T+2 day. To sell shares, you would need POA.

Get more detail about Demat PoA:

Power of Attorney for Demat Account - Explained with Examples and FAQs
How do I safeguard my Demat Account with Power of Attorney to Broker?
Are there different types of Power of Attorney?
What is the validity of my Power of Attorney for demat account?
Are there any charges associated with Demat Power of Attorney?
Does broker allows time bound Power of Attorney for Demat Account?
Should Power of Attorney be printed on the Stamp Paper?
Can I sign Power of Attorney online?
Can a Broker misuse the Power of Attorney?
Can a Broker withdraw money from my linked bank account using the Power of Attorney I gave?
Can I use Broker Pool Demat Account to keep my share and do not give Power of Attorney?
Can I trade in Futures and Options without Power of Attorney to my Demat account?
My signed Power of Attorney is still in courier. Can I still trade?

answered Mon, May 28, 2018 12:00 AM

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My signed Power of Attorney is still in courier. Can I still trade?

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