What kind of details do I have to provide in Client Registration form?
The brokers have to maintain a database of their clients, for which you have to fill client registration form. In case of individual client registration, you have to broadly provide following information:
•Permanent Account Number (PAN), which has been made mandatory for all the investors participating in the securities market.
•Your name, date of birth, photograph, address, educational qualifications, occupation, residential status(Resident Indian/ NRI/others)
•Bank and depository account details
•If you are registered with any other broker, then the name of broker and concerned Stock exchange and Client Code Number.
For proof of address (any one of the following):
•Flat Maintenance Bill
Each client has to use one registration form. In case of joint names /family members, a separate form has to be submitted for each person.
In case of Corporate Client, following information has to be provided:
•Name, address of the Company/Firm
•Date of incorporation and date of commencement of business.
•Registration number(with ROC, SEBI or any government authority)
•Details of PAN
•Details of Promoters/Partners/Key managerial Personnel of the Company/Firm in specified format.
•Bank and Depository Account Details
•Copies of the balance sheet for the last 2 financial years (copies of annual balance sheet to be submitted every year)
•Copy of latest share holding pattern including list of all those holding more than 5% in the share capital of the company, duly certified by the Company Secretary / Whole time Director/MD. (copy of updated shareholding pattern to be submitted every year)
•Copies of the Memorandum and Articles of Association in case of a company / body corporate, partnership deed in case of a partnership firm
•Copy of the Resolution of board of directors' approving participation in equity / derivatives / debt trading and naming authorized persons for dealing in securities.
•Photographs of Partners/Whole time directors, individual promoters holding 5% or more, either directly or indirectly, in the shareholding of the company and of persons authorized to deal in securities.
•If registered with any other broker, then the name of broker and concerned Stock exchange and Client Code Number.