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Frequently Asked Questions

Q.8. Can a Power of Attorney (PoA) holder operate my demat account through SPEED-e?

Abhipra :: FAQ's - Speed-e
Yes, a Power of Attorney can operate your demat account. But, for subscribing to SPEED-e service the signatures of the original account holders are must. You may not find the need for a POA to operate your account as you can now operate your account from anywhere in the world. Ans. Smart card access inherently is a superior access service to SPEED-e as compared to password access. The following are the additional benefits of having a smart card gt; Higher security.

Q.3. How can I, as a Demat Account-holder / Clearing Member benefit from SPEED-e?

Abhipra :: FAQ's - Speed-e
The benefit offered by SPEED-e to a demat account holder / Clearing Member is the convenience of conducting demat account transactions under the comfort of an Internet connection from anywhere at anytime eliminating paperwork. Time and efforts for obtaining and submitting delivery instruction forms to your DP and submitting them to the DP everytime you sell securities are saved.

Are there any additional requirements for investments managed by a Power of Attorney (POA) holder?

Kotak
The POA holder is also required to obtain a separate MIN in his/her own name and quote it along with the investors’ MIN while investing on behalf of the investor.

Can resident Power of Attorney holder operate on the NRE accounts?

FAQ for NRIs - Bank Accounts, NRE, NRO, FCNR accounts, depos...
Yes, but only for local payments to be made on behalf of the account holder, In cases where the account holder or a bank designated by him has been granted permission by Reserve Bank to make investment in India, the Power of Attorney holder (POA) is permitted to operate the account or facilitate such investment. POA holders cannot, however, make gifts from NRE accounts.

Can I appoint a Power of attorney to operate my Non-resident savings account?

ABN AMRO: World Citizen Banking for NRI - FAQs
You as a NRI account holder can authorize an Indian Resident to operate your NRI account with ABN AMRO India. You will have to execute the completed Power of Attorney application form on a stamp paper. A power of attorney can operate your rupee savings account – NRE and / or NRO savings account and can make legitimate local payments in India.

What is the power battery holder HLD-3?

Evolt E-300 Digital SLR Camera > Frequently Asked Question...
The HLD-3 power battery holder can hold two Li-ion rechargeable batteries (BLM-1). This enables you to use the camera twice as long as a single use battery. Additionally the holder provides remote cable connector and shutter button, which is convenient to take pictures while holding the camera vertically.

What is a Demat Account?

Welcome to Transworld Securities Limited
In the advanced countries, depository systems and services have played a significant role in not only facilitating smooth trading and settlement but also attracting foreign investment in the capital market. The depository system evolved by the National Securities Depositories Limited (NSDL) enables investors to overcome all problems related to handling physical certificates. NSDL is an organization formed to provide electronic depository facilities for securities traded.

Can the holder of a power of attorney be held liable for his or her actions ?

LINDA S. LUTHER-VENO
Yes, but only if the person acts with willful misconduct or gross negligence. If the individual keeps your best interests in mind, he or she will not incur any liability.

What is a "Power of Attorney"?

Frequently Asked Questions - Wills and Other Important Docum...
A power of attorney is a document authorizing another person, either a lawyer or non-lawyer, to act as your agent or "attorney" in fact. This differs from hiring an attorney as in that instance, you are asking that person to advise and represent you in legal matters. When you sign a power of attorney, you are permitting that person to act on your behalf in various situations, such as signing papers for you or taking care of your affairs.

How is the Power/Speed Number Computed?

Frequently Asked Questions - Baseball-Reference.com
This value attempts to find players with a balance of speed (SB) and power (HR). It is calculated as 2*HR*SB/(HR + SB), so Eric Davis in 1986 had 80 SB and 27 HR, so his Power/Speed Number was 2 * 80 * 27/(80+27) = 40.4.

Can I give a Power of Attorney to a Resident Indian to operate my Non-Resident Accounts?

ABN AMRO: World Citizen Banking for NRI - FAQs
A Power of Attorney is given only for operating the account & not for opening the account. Further, the operations are restricted only for making legitimate local payments and remitting funds overseas to the account holder only.

Where can an NRI open a demat account?

Bank of Baroda - India's International Bank - FAQs - Deposit...
NRI can open a demat account with any Depository Participant . The NRI needs to mention the type ('NRI' as compared to 'Resident') and the sub-type ('Repatriable' or 'Non-Repatriable') in the account opening form collected from the Depository Participant. No permission is required from RBI to open a demat account. Holding securities in demat only constitutes change in form and does not need any special permission. No special permission is required.

What if I am not the account holder?

Regular Giving FAQ - Help the Aged
We can only set up a Direct Debit instruction if the individual is the account holder. If not, then we are happy to send you a Direct Debit instruction for the Payer to complete. Please contact us on 020 7239 1983 to request this form or alternatively download it.

What are Advance Directives and should I have one? What about a Durable Power of Attorney?

University of Michigan Nephrology: Info for Patients
Advance Directives are a legal document that describes the kinds of procedures you would want (or don't want) in the event that you are unable to communicate or make decisions for yourself. We recommend you appoint someone to speak on your behalf should you be unable to. This person is called a Durable Power of Attorney for Health Care. Please ask your social worker for these forms to complete.

Can I Have a Living Will and a Power of Attorney for Health Care?

ACS :: Frequently Asked Questions
Yes. You can have a living will and a durable power of attorney for health care at the same time. Generally you can provide additional instructions in your advance health care directive for situations to which the living will does not apply. It is important to ensure that these documents are consistent so that there will be no confusion concerning your wishes when you are unable to make them known yourself. Some states also permit you to have a single, combined advance directive document.
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