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

When you sell shares during market hours, the shares are debited from your (sellers) account to deliver to the buyer. We need the Power of Attorney (POA) to debit these shares from your demat account.

There is one more way to sell the shares from your DEMAT for an account without submitting the POA. You can use CDSL TPIN to place the sell order.