https://www.taxtmi.com/circulars?id=68157 SEBI permits an Association of Persons (AoP) to open a Demat account in its own name for holding units of mutual funds, corporate bonds and Government Securities only, subject to the AoP ensuring compliance with statutes governing its constitution, providing PAN details of the AoP and its Principal Officer, confirming no use for equity shares, and acknowledging that the Principal Officer is the legal representative and members are jointly and severally liable. en-us Tue, 25 Feb 2025 00:00:00 +0530 Tue, 25 Feb 2025 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68157 SEBI permits an Association of Persons (AoP) to open a Demat account in its own name for holding units of mutual funds, corporate bonds and Government Securities only, subject to the AoP ensuring compliance with statutes governing its constitution, providing PAN details of the AoP and its Principal Officer, confirming no use for equity shares, and acknowledging that the Principal Officer is the legal representative and members are jointly and severally liable. Circulars SEBI Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68157