Question
Which of the following regulatory body issues fresh
guidelines Demat Debit and Pledge Instruction to curb misuse of clients’ Power of Attorney?Solution
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.
While releasing the offenders after admonition under The Probation of Offenders Act, 1958, which of the following fact need not be taken into considerat...
If the suit was not instituted in proper court_________________
Community service under BNS can be awarded for all of the following except:
Which of the following is an internal aid to interpretation of statutes?
I.             Schedules in Statute
II.      ...
What are the various conditions on the basis of which a retiring auditor may be re-appointed at an annual general meeting as per the Companies Act?
What is the punishment for providing false evidence under the Companies Act?
As per the Companies Act, 2013 a Company means_____________
What relief Code of Civil Procedure provides?
The depiction of the name, signature, likeness or other identifiable personal characteristics of an individual in an advertisement is known as?
In the absence of both the President and Vice President, who assumes the role of the President of India as per the Constitutional provisions?