Shared contact information permitted for family and authorised persons, subject to client written request and required entity approvals. SEBI permits stock brokers, on specific written client request, to upload the same mobile number or e mail for multiple clients where clients are family members (self, spouse, dependent children and dependent parents) or where a client is the authorised person of an HUF, partnership, trust or corporate as defined by prior approval, partner consent, trust resolution or board resolution. Exchanges must notify members, update websites, amend bye laws and implement the change immediately while other circular provisions remain effective.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Shared contact information permitted for family and authorised persons, subject to client written request and required entity approvals.
SEBI permits stock brokers, on specific written client request, to upload the same mobile number or e mail for multiple clients where clients are family members (self, spouse, dependent children and dependent parents) or where a client is the authorised person of an HUF, partnership, trust or corporate as defined by prior approval, partner consent, trust resolution or board resolution. Exchanges must notify members, update websites, amend bye laws and implement the change immediately while other circular provisions remain effective.
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