POA is a legal authority provided to another person through a legal document to operate your Demat account as per the instructions contained. Power of attorney is not compulsory, but it is required for the smooth operation of your Demat account.
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What is POA
ActionPower of attorney is required when you want to sell share from your Demat account and the shares will go out of your Demat account. Here you can know what is power of attorney, is Poa mandatory for Demat account opening, Zerodha POA, Upstox POA, sto...