Is it possible to open a Zerodha trading account in the Partnership’s name and associated demat account in a designated partner’s name? If yes can partners transfer shares from their individual accounts to demat account on designated partner’s name and pledge them for trading margin in trading account in the Partnership’s name?
Hi @vggajera , apologies for the delayed response.
Yes, this is possible. We open the trading account in the partnership’s name and the demat account in the authorised partner’s name, with the CMR reflecting the partnership firm’s PAN.
Securities can be transferred from any account to this demat and pledged for margin.