If you choose to give PoA, in whose favor should the PoA be given?

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PoA is not a mandatory document by SEBI or any other exchange. In case the account holder chooses to give PoA to a stockbroker, make sure it should be given in the name of SEBI registered stockbroker only. Never give PoA in the name of any individual person like employees, dealers or any associate etc.

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What is Power of Attorney (PoA)?
Is PoA mandatory to participate in Equity Markets / Derivatives Market?
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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