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Sebi paper proposes rejig in power of attorney rules

Financial Express Mumbai

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March 18, 2026

Reauthorisation likely for accounts of incapacitated investors

- KUSHAN SHAH

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.

Financial Express Mumbai

यह कहानी Financial Express Mumbai के March 18, 2026 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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Sebi paper proposes rejig in power of attorney rules

Reauthorisation likely for accounts of incapacitated investors

time to read

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March 18, 2026

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