POA holder can open Trading Account?

This query is : Resolved 

29 September 2007 Hello All

My querries are:
1)Can Power of Atterny holder open or close Share Trading Account?

2) Can POA holder open or close Bank Account?


30 September 2007 A DULY AUTHORISED POWER OF ATTORNEY HOLDER CAN OPEN BANK ACCOUNTS AND CAN OPEN AND CLOSE TRADING ACCOUNT FOR SHARES.
INFACT NRIs OPEN BANK ACCOUNTS THROUGH POA.
R.V.RAO

03 November 2007 yes to both questions




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