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SEBI came out with fresh guidelines wherein execution of a new document will be made compulsory for transfer of securities towards deliveries and settlements. The guidelines, which will be effective from July 1, also comes against the backdrop of instances of misuse of PoAs. The use of DDPI will be limited only for two purposes -: Forst Purpose is for the transfer of securities held in the beneficial owner account of the client towards stock exchange related deliveries or settlement obligations arising out of trades executed by such a client. Second Purpose is for pledging/re-pledging of securities in favour of the Trading Member(TM)/Clearing Member (CM) for the purpose of meeting margin requirements of the client.
A and B can complete a work in 40 and 60 days respectively. They started a work which is to be completed in 20 days. But it was found that they are lagg...
If 12 persons working 12 hours a day dig 12 meters of a tunnel in 12 days how many men are required to dig additional 4 meter of the tunnel (of the same...
A man is travelling at a speed of 100 km/h such that he will take 60 minutes to reach his destination. But after completing half the journey, the man to...
A and B can do a work in 21 days, A is (7/4) times as efficient as B. In how many days, A alone can complete the (100/3)% of the work?
Three bells ring at interval of 36 seconds, 40 seconds and 48 seconds respectively. They start ringing together at a particular time. They will ring tog...
3 men dig a hole in 10 days. How many days would it take for 5 men to dig the same hole ?
Sanjay and Amit can do a piece of work in 8 days. Amit alone can do it in 12 days. In how many days will Sanjay do it alone?
How will you write 3.78 hours in hours, minutes, and seconds?
A, B and C can do a job working alone in 50, 75 and 20 days respectively. They all work together for 4 days, then C quits. How many days will A and B ta...
A and B alone can complete a work in 30 and 60 days, respectively. 50% of the work is completed by C in 6x days, and the remaining work is completed by ...