SC: Casual Workers Can't be Denied Regularisation if Similar Daily Wagers were Regularised || Supreme Court: Illegal Change of Land Use under Punjab Act Cannot be Legalised Later || Allahabad High Court: Magistrate Must Consider Closure Report Even After Taking Cognizance || Allahabad HC: CGST Arrest Memo Must Include Grounds as Annexure; Reasons to Believe Not Needed || Kerala HC: Petitioner’s Identity Must be Verified Via SHO in Cases of Bank Account Defreezing || J&K&L HC: Undenied Pleadings are Deemed Admitted by Implication under the CPC || Kerala HC: Transfer Order Pending Disciplinary Proceedings Cannot be Disguised as Punishment || Allahabad HC: GST, Incentives, 0r Festival Advances Cannot be Deducted From Employee’s Retiral Dues || SC: Absconding Accused Cannot Claim Anticipatory Bail Solely Because a Co-Accused Was Acquitted || Supreme Court: District Cricket Bodies Must Adopt Good Governance Voluntarily, Not Follow BCCI Rules

Simplification of Account Opening Kit- (Securities and Exchange Board of India) (12 Jul 2016)

MANU/SDEP/0002/2016

Capital Market

The Securities and Exchange Board of India negated the need for physical presence of a stockbroker or depository participant at the opening of a trading account.

While previously a stockbroker or depository participant was required to provide a copy of several standard documents part of the account opening kit to clients physically, now the same can be made available electronically or as hard-copy.

Relevant : Simplification and Rationalization of Trading Account Opening Process MANU/SSMD/0047/2011

Tags : TRADING ACCOUNT CAPITAL MARKET STOCKBROKER

Share :