We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose.

Power of Attorney - To Sign or Not?

A trader may be required to sign a power of attorney with their broker to allow him to transfer the stocks on their behalf or as a matter of fact it can be for any aspect for which you are authorising him to undertake the action and this is generally given in fine print which none reads while opening a demat account. However one must take care of the following guidelines to have a safe and hassle free dealing with having executed a power of attorney.

Remember that one should not leave the power of attorney open ended and one still has the power to revoke the same by giving a reasonable notice. Check out whether it is required to enter in a Power of Attorney in Real Estate Deals or not as aim is to have safe and secure transactions which your hard earned money deserves.

Rather it is advisable to sign letter of authority in lieu of power of attorney to have a peace of mind.

Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9