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Sebi paper proposes rejig in power of attorney rules
Financial Express Mumbai
|March 18, 2026
Reauthorisation likely for accounts of incapacitated investors
THE SECURITIES AND Exchange Board of India (Sebi) on Tuesday proposed to allow power of attorney (PoA) holders to operate an investor’s demat account/mutual fund folios in situations where the investor is physically incapacitated, but has the capacity to contract. The regulator issued a circular easing nomination norms after stakeholders had flagged operational challenges.
Sebi has invited public comments on these suggestions until April 7.
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Sebi paper proposes rejig in power of attorney rules
Reauthorisation likely for accounts of incapacitated investors
1 mins
March 18, 2026
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