Deepak Yashwantrao Bade
Responded 5 years ago
A.Honest answer is yes. Any one can open demat account for invest money.even i have demat account as well.
Helpful
Helpful
Share
A.No where it is defined that for an individual share trading is a business. No. 2 we all are free to invest in shares of the companies and create wealth for ourselves. That means even Advocate can do that. Not only that an advocate can also invest in partnership or any company's shares as promoter or founder but the important point is that the Practicing advocate cannot take any executive or managerial role and definitely no salary or remuneration at all. So you can be part of a business through shareholding (sleeping partner) but cannot be part of the operations or running of the business.
Helpful
Helpful
Share
A.Some are giving wrong guidance. I have a totally different opinion, he can do it for himself. It is investment, not business.
Helpful
Helpful
Share
Rameshwar Dadhe
Responded 5 years ago
A.By advocate Rameshwor dadhe dear sir yes . It is not any buissnes it's only investment
Helpful
Helpful
Share
Read Related Answers
Financial loan spam
Dear Client,
It appears that you become a victim of an online fraud scam. This kind of online loan app is being operated by Fraud companies/entities with fake identities to extort money from unemploye...
Can i renew my Ews Certificate Before One Year or Before Expiry Date
Dear Client,
The EWS certificate remains valid for one year. However, you will be required to renew and update the validity of the EWS certificate within the given period. The Certificate of Income an...
Forex trading scam
Dear Client,
Forex trading can be a legitimate and profitable form of investment, but it is important to be aware of the potential for scams. By being vigilant and taking the necessary precautions, y...
I want advise for someone invest with me in dailymines company which is bitcoin mine
Dear Client,
From the contents of the query, it appears that you make yourself the victim of the fraudster company. The National Cyber Crime Reporting Portal(NCCRP) is an initiative of the Government...
Dual employment issue
Dear Client,
The Factories Act, 1948 and the Industrial Employment (Standing Order) Rules, 1946, prohibit adult workers from engaging in dual employment. Further, rules related to dual employment hav...
Read Blogs on Financial Markets and Services
Financial Markets and Services Lawyers
Find Lawyers by Location