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POA holder can open Trading Account?

This query is : Resolved 
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(Querist)
29 September 2007 Hello All

My querries are:
1)Can Power of Atterny holder open or close Share Trading Account?

2) Can POA holder open or close Bank Account?
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R.V.RAO

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R.V.RAO (Expert)
30 September 2007 A DULY AUTHORISED POWER OF ATTORNEY HOLDER CAN OPEN BANK ACCOUNTS AND CAN OPEN AND CLOSE TRADING ACCOUNT FOR SHARES.
INFACT NRIs OPEN BANK ACCOUNTS THROUGH POA.
R.V.RAO
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kumar arumugam

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kumar arumugam (Expert)
03 November 2007 yes to both questions
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