What is POA in Share Market? – Power of Attorney
The Karvy Stock Broking scandal disclosed the misinterpretation and misuse of the Power of Attorney (POA). The clients initially issued it in favor of their market regulator Securities and Exchange Board of India (SEBI), and Stockbroker, which had issued norms on 25th February 2020. Therefore, the guidelines consigned rules about the use of POA and …
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