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What is power of attorney (PoA) and why is it needed?

Power of Attorney (POA) is a document that gives us the authorization to debit your shares from your demat account whenever you sell your shares.  

If you have not submitted the POA, you will be able to place delivery sell instructions by using the CDSL TPIN if you have an individual account. Demat accounts of corporates, partnerships or with joint holders cannot avail the CDSL TPIN facility.