Kalptaru Client Agreement.p65

ACCOUNT OPENING KIT
Name of Stock Broker / Trading Member / Clearing Member (for F&O Segment only) :
KALPTARU INVESTMENTS PVT. LTD.
SEBI Registration Nos. and Date : - INB 231295735 Dt. 27.03.2008
INF 231295735 Dt. 27.03.2008
INE 231295735 Dt. 19.02.2009
Registered Office address :
4-4-3 to 6, Mahankali Street, 1st floor, Secunderabad-500 003
Phone : (040) 3290-2919
Correspondence Office address :
9, India Exchange Place, 8th Floor, Room No. 11, Kolkata - 700 001
Phone: (033) 2248 6236 / 6237, Fax. : (91-33) 2210 4204
E-mail : [email protected], Website : www.kalptaruonline.com
Name of Clearing Member (For Currency Derivatives Segment) :
PRB SECURITIES PVT. LTD.
SEBI Registration No. and Date : INE 230778531 dt. 26.08.2008
Registered & Correspondence Office address :
18, Rabindra Sarani, Poddar Court, 6th Floor, Kolkata - 700 001
Phone : 2225-3441, Fax : (91-33) 2225-3768
E-mail : [email protected], Website : www.prbsecurities.com
Compliance Officer Name, Phone No. & E-mail ID :
AJIT KUMAR BEHERA, (033) 2248-6236 / 6237, [email protected]
CEO Name, Phone No. & E-mail ID :
SUBHASH BAHETI, (033) 2248-6236 / 6237, [email protected]
For any grievance/dispute, please contact KALPTARU INVESTMENTS PVT. LTD. at the
above correspondence office address or email id : [email protected] and
Phone No. : (033) 22486236 / 37. In case not satisfied with the response, please contact
the NSE at [email protected] and Phone No. (022) 26598366 / 8193.
Disclosure of Proprietory Trading
Disclosure of Proprietary trading in pursuance of SEBI Circular No. : SEBI / MRD / SE / Cir
- 42/2003. dt. 19th Nov., 2003, NSE Circular No. : NSE / INVG / PRE / 2003 / 16 dated 25th
Nov., 2003.
We, KALPTARU INVESTMENTS PVT. LTD., also do Proprietory trading as well apart from
Client based business.
KALPTARU INVESTMENTS PVT. LTD.
INDEX OF DOCUMENTS
S.NO.
NAME OF THE DOCUMENT AND ITS BRIEF SIGNIFICANCE
PAGE NOS.
MANDATORY DOCUMENTS AS PRESCRIBED BY SEBI & EXCHANGES
1.
2.
Account Opening Form
A. KYC form - Document captures the basic information about the constituent.
A1 - A4
B.
Document captures the additional information about the constituent relevant
to trading account.
A5 - A8
C.
An instruction/check list.
B2 - B3
Rights and Obligations
B4 - B7
Document stating the Rights & Obligations of stock broker/trading member, subbroker and client for trading on exchanges (including additional rights & obligations in
case of internet/wireless technology based trading).
3.
Risk Disclosure Document (RDD)
B8 - B10
Document detailing risks associated with dealing in the securities market.
4.
Guidance note
B11
Document detailing do’s and don’ts for trading on exchange, for the education of the
investors.
5.
Tariff sheet
A8
Document detailing the rate/amount of brokerage and other charges levied on the
client for trading on the stock exchange(s).
6.
Policies and Procedures
A9 - A10
Document describing significant policies and procedures of the stock broker.
VOLUNTARY DOCUMENTS AS PROVIDED BY THE STOCK BROKER
7.
Authority Letter & Miscellaneous Declaration by Client
A11
The document deals with some voluntary declaration given by the client & also
authorises the member for operational convenience.)
8.
Authority Letter for Running Account
A12
The document deals with an option given to client to settle his obligations towards
funds and securities on a running basis & settle the same at monthly/quarterly interval
at his discretion.
9.
Consent Letter for E.mail and Mobile Alert Facility
A13
As required under various Circulars of SEBI and Exchange(s)
10.
Declaration by client in relation to PMLA, 2002
A14
The document deals with other additional voluntary information to be provided by
the client in relation to prevention of Money Laundering Act, 2002.
OTHERS
11.
ANTI MONEY LAUNDERING/COMBATING FINANCING OF TERRORISM - LITERATURE
The document gives an overview of what is Money Laundering, its objectives, its
effects on economy and society, and local regulations to fight money laundering.
B12
KNOW YOUR CLIENT (KYC) APPLICATION FORM - FOR INDIVIDUALS
PHOTOGRAPH
Please affix your
recent passport
size photograph
and sign across it
Please fill this form in ENGLISH and in BLOCK LETTERS.
A. IDENTITY DETAILS
Name of the Applicant
Father’s / Spouse Name
Gender
Date of Birth (dd/mm/yyyy)
Status
Male Female
/
/
Marital Status
Single Married
Nationality
Resident Individual Non Resident Foreign National
PAN
Unique Identification Number (UID) / Aadhaar, if any
Specify the proof of Identity submitted
B. ADDRESS DETAILS
Address for correspondence
City/town/village
Pin Code
State
Country
Contact Details
Tel. (Off.)
Tel. (Res.)
Mobile No.
Fax
Email id
Specify the proof of address submitted for correspondence address
Permanent Address*
City/town/village
Pin Code
State
Country
Specify the proof of address submitted for permanent address
C. OTHER DETAILS
Gross Annual Income Details (please specify)
Income Range per annum
Below ` 1 Lac 1-5 Lac 5-10 Lac 10-25 Lac >25 Lacs, or
Net-worth
as on (date)
(Net worth should not be older than 1 year)
(dd/mm/yyyy)
Occupation
Private Sector Public Sector Government Service Business
(Please tick any one
Professional Agriculturist Retired Housewife Student
and give brief details)
Others ___________________________________________________
*(if different from above or overseas address, mandatory for Non-Resident Applicant)
MANDATORY
A1
Please tick, if applicable
Politically Exposed Person (PEP)
Related to a Politically Exposed Person (PEP)
Any other information
DECLARATION
I hereby declare that the details furnished above are true and correct to the best of my knowledge and belief
and I undertake to inform you of any changes therein, immediately. In case any of the above information is
found to be false or untrue or misleading or misrepresenting, I am aware that I may be held liable for it.
_____________________________
Signature of the Applicant
Date : ________________________ (dd/mm/yyyy)
FOR OFFICE USE ONLY
(Originals verified) True copies of documents received
(Self-Attested) Self Certified Document copies received
_________________________________________
Signature of the Authorised Signatory
Date : ________________________
MANDATORY
Seal/Stamp of the intermediary
A2
KNOW YOUR CLIENT (KYC) APPLICATION FORM - FOR NON-INDIVIDUALS
Please fill this form in ENGLISH and in BLOCK LETTERS.
A. IDENTITY DETAILS
Name of the Applicant
Date of Incorporation
/
/
Place of Incorporation
Date of commencement of business
/
/
PAN
Registration No. (e.g. CIN)
Status (Please tick any one)
Private Limited Co. Public Ltd. Co. Body Corporate
Partnership Trust Charities NGO’s FI FII
HUF AOP Bank Government Body Non-Government
Organization Defence Establishment BOI Society LLP
Others (please specify) ________________________________
B. ADDRESS DETAILS
Address for correspondence
City/town/village
Pin Code
State
Country
Contact Details
Tel. (Off.)
Tel. (Res.)
Mobile No.
Fax
Email id
Specify the proof of address submitted for correspondence address
Registered Address
(if different from above)
City/town/village
Pin Code
State
Country
Specify the proof of address submitted for registered address
C. OTHER DETAILS
Gross Annual Income Details (please specify) : Income Range per annum :
Below ` 1 Lac 1-5 Lac 5-10 Lac 10-25 Lac 25 Lacs-1 crore > 1 crore
Net-worth
as on (date)
(*Net worth should not be older than 1 year)
(dd/mm/yyyy)
Name, PAN, residential address and photographs of Promoters /
Partners / Karta / Trustees and whole time directors
as per ANNEXURE
DIN / UID of Promoters / Partners / Karta and whole time directors
as per ANNEXURE
Please tick, if applicable, for any of your
authorized signatories / Promoters /
Politically Exposed Person (PEP)
Partners / Karta / Trustees / whole time directors
Related to a Politically Exposed Person (PEP)
Any other information
MANDATORY
A3
DECLARATION
I / We hereby declare that the details furnished above are true and correct to the best of my / our knowledge
and belief and I / we undertake to inform you of any changes therein, immediately. In case any of the above
information is found to be false or untrue or misleading or misrepresenting, I am / we are aware that I / we
may be held liable for it.
______________________________________
Name & Signature of the Authorised Signatory
Date : ________________________ (dd/mm/yyyy)
FOR OFFICE USE ONLY
(Originals verified) True copies of documents received
(Self-Attested) Self Certified Document copies received
________________________________
Signature of the Authorised Signatory
Date : ________________________
Seal/Stamp of the intermediary
ANNEXURE
DETAIL OF PROMOTERS / PARTNERS / KARTA / TRUSTEES AND WHOLE TIME DIRECTORS AND PERSONS
AUTHORIZED TO DEAL IN SECURITIES ON BEHALF OF COMPANY / FIRM / OTHERS
Particulars
1st
2nd
3rd
Please affix your
recent passport
size photograph
and sign across it
Please affix your
recent passport
size photograph
and sign across it
Please affix your
recent passport
size photograph
and sign across it
Name
Designation
PAN
DIN / UID
Residential
Address
Photograph
Use additional sheets, if required.
MANDATORY
A4
TRADING ACCOUNT RELATED DETAILS - FOR INDIVIDUALS & NON-INDIVIDUALS
A. BANK ACCOUNT(S) DETAILS
Primary Bank Details
Secondary Bank Details
Saving Current Others
Saving Current Others
In case of NRI - NRE NRO
In case of NRI - NRE NRO
Bank Name
Branch
Address
Bank A/c No.
A/c Type
MICR No.
IFSC code
B. DEPOSITORY ACCOUNT(S) DETAILS
Primary Demat A/c Details
Secondary Demat A/c Details
Depository
Participant Name
Depository Name
NSDL
CDSL
NSDL
CDSL
Beneficiary Name
DP ID
Beneficiary ID
(BO ID)
C. TRADING PREFERENCES * Please sign in the relevant boxes where you wish to trade. The segment not chosen should be struck off by
the client.
Exchange
Segment
Signature
National Stock Exchange of India Ltd. - Cash
- F&O
- Currency Derivatives # If, in future, the client wants to trade on any new segment/new exchange, separate authorization/letter
should be taken from the client by the stock broker.
MANDATORY
A5
D. PAST ACTIONS
Details of any action / proceedings initiated / pending / taken by SEBI / Stock exchange / any other authority
against the applicant / constituent or its Partners / promoters / whole time directors / authorized persons in
charge of dealing in securities during the last 3 years
E. DEALINGS THROUGH SUB-BROKERS AND OTHER STOCK BROKERS
If client is dealing through the sub-broker, provide the following details
Sub-broker’s Name
SEBI Regn. Number
Regd. Off. Address
Phone
Fax
Website
Whether dealing with any other stock broker / sub-broker (if case dealing with multiple stock brokers /subbrokers, provide details of all)
Name of stock broker
Name of Sub-Broker, if any
Client Code
Exchange
Details of disputes/dues pending from/to such stock broker/sub- broker
F. ADDITIONAL DETAILS
Whether you wish to receive physical contract note or Electronic Contract Note (ECN) (please specify)
______________, Specify your Email id, if applicable :
Whether you wish to avail of the facility of internet trading / wireless technology (please specify)
YES NO
Number of years of Investment / Trading Experience
In case of non-individuals, name, designation, PAN, UID, signature, residential address and
As per Annexure
photographs of persons authorized to deal in securities on behalf of company/firm/others
Any other information
G. INTRODUCER DETAILS (optional)
Name of the Introducer
(Surname)
Status of the Introducer
(Name)
Sub-broker Remisier Authorized Person Existing Client
Others, please specify
Address and Phone No.
of the Introducer
Signature of the Introducer
MANDATORY
(Middle Name)
A6
H. NOMINATION DETAILS (for individuals only)
I/We wish to nominate
I/We do not wish to nominate
Name of the Nominee
Relationship with the Nominee
PAN of Nominee
Date of Birth of Nominee
Address and Phone No.
of the Nominee
If Nominee is a minor, details of guardian :
Name of guardian
Address and Phone No.
of Guardian
Signature of guardian
WITNESSES (Only applicable in case the account holder has made nomination)
First Witness Details
Second Witness Details
Name
Signature
Address
DECLARATION
1.
I/We hereby declare that the details furnished above are true and correct to the best of my/our knowledge
and belief and I/we undertake to inform you of any changes therein, immediately. In case any of the
above information is found to be false or untrue or misleading or misrepresenting, I am/we are aware
that I/we may be held liable for it.
2.
I/We confirm having read/been explained and understood the contents of the document on policy and
procedures of the stock broker and the tariff sheet.
3.
I/We further confirm having read and understood the contents of the ‘Rights and Obligations’ document(s)
and ‘Risk Disclosure Document’. I/We do hereby agree to be bound by such provisions as outlined in
these documents. I/We have also been informed that the standard set of documents has been displayed
for Information on stock broker’s designated website, if any.
_______________________________________
Signature of Client/ (all) Authorized Signatory (ies)
Place :_______________________
Date :_______________________
MANDATORY
A7
FOR OFFICE USE ONLY
UCC Code allotted to the Client : ________________________
Documents verified
Client Interviewed By
with Originals
Name of the Employee
In-Person Verification
done by
Employee Code
Designation of the employee
Date
Signature
I / We undertake that we have made the client aware of ‘Policy and Procedures’, tariff sheet and all the nonmandatory documents. I/We have also made the client aware of ‘Rights and Obligations’ document (s), RDD
and Guidance Note. I/We have given/sent him a copy of all the KYC documents. I/We undertake that any
change in the ‘Policy and Procedures’, tariff sheet and all the non-mandatory documents would be duly intimated
to the clients. I/We also undertake that any change in the ‘Rights and Obligations’ and RDD would be made
available on my/our website, if any, for the information of the clients.
_______________________________________
Signature of the Authorised Signatory
Date : ________________________
TARIFF SHEET
CAPITAL
DERIVATIVES DERIVATIVES CURRENCY
MARKET
FUTURE
OPTION
FUTURE
Brokerage
Delivery
Seal/Stamp of the stock broker
CURRENCY
OPTION
-%
- MINIMUM
Square up - %
- MINIMUM
- PER LOT
Upload to NSE - Date
- Date of Success
Additional Information
Date of Enrollment
Sub-Broker / Authorised person if any
Minimum Processing charge will be levied in case of delivery brokerage amount being less than ` 15/- per
script on a particular date so as to make total of brokerage and processing charge to be ` 15.
Charges like service tax, stamp duty, exchange TOT, SEBI TOT and other statutory charges levied by regulatory
authorities on transaction carried out by clients at relevant rates to the stock broker are to be paid over and
above the brokerage.
Additionally client may be charged for Depository inter-settlement charges, Depository charges for pledge/
release/margin /holdback release of securities, delayed payment charge, bank charges for unpaid cheque,
Clearing Member charges for derivative segment, code modification charges, penalties charged to the member
by exchange on account of violation of rules & regulation of the exchange committed by client ,courier charges
and any out of pocket & service related charges.
MANDATORY
A8
MANDATORY POLICIES AND PROCEDURES
A. Refusal of orders for penny stocks
Penny Stock means shares of those companies which are very thinly traded, stock having low liquidity
and includes but not limited to those which appear in the list of illiquid securities issued by the Exchange
every month. KIPL reserves the right and shall have absolute discretion without assigning any reason
thereof to accept, refuse or partially accept any buy or sell order from a client in respect of penny stocks
and other contracts which as per perception of KIPL are subject to Market manipulation or violate any
rules, regulations, bye-laws of Exchange/SEBI.
KIPL shall not be responsible for any delay in execution or non-execution of such orders and consequent
financial loss to the client.
B. Setting up Client’s Exposure Limits
CM Segment: KIPL reserves the right to fix clients exposure both gross and net of a client, which may be
multiple of/ depending upon his margin deposit, ledger balances, past records, financial capability, market
conditions, quality of collateral, regulatory directives etc and at the discretion of the management.
Moreover KIPL shall have the prerogative to allow different limit to different clients.
F&O Segment: KIPL will provide exposure in F&O segment to a client on the basis of availability of initial
margin in the form of cash and/or security after applying appropriate haircut as per exchange norms.
C. Applicable Brokerage rate
Brokerage of a client is charged as per the rates agreed upon and mentioned in KYC Form at the time of
registration of client subject to maximum brokerage of 2.5% of the contract price exclusive of statutory
levies permissible under Exchange/SEBI bye-laws. The rate may be revised from time to time with mutual
consent. It is further clarified that where the sale/purchase value of a share is Rs.10/- or less in CM
segment, a maximum brokerage of 25paise per share may be charged. In case of options contract maximum
brokerage shall not exceed 2.5% of the premium amount or Rs.100/- per lot whichever is higher.
In addition to the brokerage above, the client may be charged for Depository inter-settlement charges,
Depository charges for pledge/release/margin/holdback release of securities, delayed payment charges,
penalties levied by Exchange/SEBI, Bank charges for unpaid cheque, turnover charges levied by Exchange/
SEBI/Clearing Member, statutory charges levied by Exchange/SEBI/Government authorities, courier
charges, client code modification charges and any out of pocket & service related charges.
D. Imposition of penalty/ delayed payment charges by either party, specifying the rate and the period
Subject to the rules, regulations and bye-laws of the relevant stock exchange / SEBI, KIPL reserves the
right to charge penalty for delayed payment to clients’ for maintaining running debit balances. The penalty
may be determined at the rate calculated on the amount due subject to a maximum of 24% p.a.. No
payment in the form of penalty / interest will be paid to clients who have consented to withhold margin
/ obligation payment or security with KIPL.
E.
Right to sell client’s securities or close client’s position, without giving notice to client, on account of
non-payment of client’s dues
KIPL reserves the right to sell client’s securities both unpaid securities as well as collaterals deposited
towards margin lying with it limited to the extent of non-payment of his margin/settlement obligation
and/or close client’s open position to the extent of non payment of margin/settlement/ MTM obligation
without intimating the client. Any and all losses and financial charges on account of such liquidation/
closing out shall be borne by the client.
F.
Shortages in obligations arising out of internal netting of trades
In case of internal shortages i.e. inter-party client shortages, w.e.f. 1st April 2010, position of both the
clients would be squared off by taking higher of:
a)
closing price of that security on T+1 day, or
MANDATORY
A9
b) Exchange Auction price of that security for that auction settlement and in absence of same closing
price of that security on Auction date i.e. T+2.
Moreover in cases of securities having corporate action all cases of internal shortages would be compulsory
closed out as per procedure adopted by the Exchange.
G. Conditions under which a client may not be allowed to take further position or the broker may close
the existing position of a client
A client may not be allowed to take further position or KIPL may close the existing position in case he
fails to meet his pay-in obligation/MTM/margin requirements, his ledger shows debit balance, he trades
in penny stocks, his “open” position in a F&O contract exceeds Market Wide cut-off limit, his position is
close to client wise permissible “open” position and where KIPL is of the view that further trading in
securities/contract may not be in the interest of its clients’ and/or the market. Further KIPL reserves the
right to close out a client’s position or disallow further position, if the same violates any rules, regulation
and bye-laws of the Exchange/SEBI. Also, if the Exchange/SEBI closes out or instructs to close out client’s
position, the broker will close out the same. Moreover, if the Member’s limit of taking exposure with the
Exchange is exhausted, client will not be allowed to take further position.
H. Temporarily suspending or closing a client’s account at the client’s request
A client can temporarily suspend / close his account by intimating the member in writing after settling
his dues.
It can be reactivated only after receiving a written request from the client.
The Member may temporarily suspend a client’s account:
a)
If the client does not trade with the member for a period of 360 days calculated at the beginning of
each month. The suspension can be revoked by the member if the client provides a letter requesting
for withdrawal of suspension.
b) If a client has running debit balance
c)
If a client is reported to or known to have expired
d) If a client does not update his financial statement/ mobile no./landline no./e-mail id if opted or any
part of KYC requirement.
e) If a client’s physical contract note/ Statement of Account/ Security Register/Margin Statement etc is received
back undelivered or received without acknowledgement for any reason, bounced email, if opted etc.
f)
I.
If a client is barred by any Government/ Local Authority/SEBI/Exchange.
Deregistering a Client
KIPL can deregister a client:
a)
if he is found violating any of the provision mentioned in the Member-Client Agreement/Tripartite
Agreement and other non-mandatory part of KYC
b) based on action taken by Exchange/SEBI or being part of list of debarred entities published by SEBI/
Exchange.
c)
Having suspicious background, link with suspicious organizations etc.
d) On the basis of information found in sites of CIBIL, Watch out investors, world check etc.
e) After giving 15 days written request notice without assigning any reason thereof.
MANDATORY
A10
Date :_____________________
To
KALPTARU INVESTMENTS PVT. LTD.
9, India Exchange Place
8th Floor, Room No. 11
Kolkata - 700 001
I/We as a client registered with you for dealing in different market segments of stock exchange, request you and
unconditionally authorise you A. To accept and confirm order placement / modification / cancellation verbally either from me/us or any one of the
persons authorised by me/us and do not provide me any order confirmation/ modification/ cancellation slips generated
by the trading system.
B. To confirm the trade details verbally and do not provide any trade confirmation slip generated by the NEAT system and
provide Contract Note containing details of trade to any one of the persons authorised by me/us.
C. To maintain my/our account with you as Current Account.
D. To retain the credit balance in the my/our account for adjustment with the debit in subsequent Settlements
E. To setoff outstanding in any of my/our account(s) against credits available or arising in any other account(s) maintained
with you irrespective of the fact that such credits in the accounts may pertain to transactions in any segment of
Exchange and/or against the margins provided to you by me/us.
F. To release the payment partly or fully against the credit balance in my/our account on receiving any verbal or written
instruction from me/us or any of the person authorised by me/us.
G. To retain the payout of the shares in your Demat account for our margin/future obligations at stock exchanges, unless
you receive any verbal or written instruction from me/us to deliver the shares to my/our Depository Account.
H. To transfer the shares retained by you on my/our behalf as Margin against the dealing done in my/our account in the
Capital Segment / F&O Segment / Currency Derivatives Segment, whenever there is any shortfall in Margin Account.
I. That KIPL has provided to me/us as per SEBI Circular No. MRD/DOP/SE/Cir-22/06, an exclusive e.mail ID :
[email protected] for redressal of investors’ grievances.
Following person(s) is/are authorised to transact on my/ our behalf :
1. ____________________________________
2. ____________________________________
3. ____________________________________
4. ____________________________________
Following person(s) is/are authorised to receive Contract Notes & Account Statement on my/ our behalf :
Name
Signature
1. ____________________________________
_____________________________________________
2. ____________________________________
_____________________________________________
3. ____________________________________
_____________________________________________
We hereby also acknowledge receipt of your information that you do Client-based Trading as well as Proprietary Trading.
I/we hereby unconditionally and irrevocably undertake that all transactions done through you in every market
segments are my/our proprietary transactions.
Thanking you,
Yours truly,
Signature
: x________________________________________________
Name
: ________________________________________________
Client Code : ________________________________________________
VOLUNTARY
A11
AUTHORITY LETTER FOR RUNNING ACCOUNT OF FUNDS AND SECURITIES
Date : _________________
To
KALPTARU INVESTMENTS PVT. LTD.
9, India Exchange Place
8th Floor, Room No. 11
Kolkata - 700 001
Dear Sir,
1.
With reference to my/our trading account opened with you, I/we request you to maintain a running account for funds
and securities on my/our behalf without settling the account on settlement of each transaction. I/We further request
you to retain all amounts and securities receivable by me/us until specifically requested by me/us to be settled within
one working day of request, if the same is lying with Kalptaru Investments Pvt. Ltd. & within 3 working days from the
request if the same is lying with clearing member / clearing corporation.
2. I/we understand and agree that no interest will be payable to me/us on the funds or securities so retained with you.
3. I/we may be trading in derivatives segment & cash segment of various Exchanges and hence have various accounts
with you. In this regard I/we hereby authorize Kalptaru Investments Pvt. Ltd. to act at its discretion of adjusting any
credit balance under my/ our various accounts against the debit in any account across segments/Exchange, without
taking any further instruction from me/us.
4. I/we also confirm that the securities lying in my withhold A/c should be considered as margin deposit / collateral.
5. I/we authorize you to set off a part or whole of the margin deposited by me/us. against any of my / our dues, by
appropriating relevant amount of fund or by sale of securities which form part of margin.
6. I/we hereby authorize you to pledge my / our securities deposited as margin or withheld by you as permitted in the running
account and to deposit my / our funds deposited as margin to Exchanges / Clearing Corporations towards margin.
7. I/we may revoke the authorisation at any time by giving a written notice.
8. I/we also agree that the actual settlement of fund and securities shall be done by us, at least once in a calendar
quarter or month as stated below and the statement of account for the same will be provided to me by Kalptaru
Investments Pvt. Ltd.
9. I/we agree that fund given towards collaterals/margins in form of bank guarantee (BG) / Fixed Deposit Receipts
(FDR) may not be periodically settled.
10. I/we agree that (a) in respect of derivatives market transactions, the Trading Member may retain the requisite securities
/ funds on settlement date to take care of any margin obligation arising in next 5 days, calculated in the manner specified
by the Exchange, (b) in respect of cash market transactions, the Trading Member may retain entire pay-in obligation of
funds & securities due from me / us as on the date of settlement and for next day’s business, the Trading Member may
retain funds / securities / margin to the extent of value of transactions executed on the day of such settlement.
11. I/we agree/understand that there shall be no inter-client adjustment for the purpose of settlement of the running account.
12. I/we shall bring any dispute arising from the statement of account or settlement so made to the notice of the Trading
Member preferably within 7 working days from the date of receipt of funds/securities or statement as the case may be.
PREFERENCE OF CLIENT FOR SETTLEMENT OF RUNNING ACCOUNT (FUNDS & SECURITIES)
Settlement Preferences
Monthly
Quarterly
Thanking you,
Yours truly,
__________________________
Signature of the Client
VOLUNTARY
A12
CONSENT LETTER FOR EMAIL AND MOBILE ALERT FACILITIES
Dated :_________________
To
KALPTARU INVESTMENTS PVT. LTD.
9, India Exchange Place
8th Floor, Room No. 11
Kolkata - 700 001
Sir,
This is with reference to my/our trading account opened with you; I/we request you arrange facility of receiving
email and/or mobile alert facility issued by Exchange in compliance with regulation and guidelines issued by
concern authorities from time to time.
Email Facility
Service Required - YES NO
Email ID
Owned by - Name
- PAN Number*
Relationship with Client
Self Spouse Dependent Children Dependent Parent
Signature of the Client
SMS Facility
Service Required - YES NO
Mobile Number
Owned by - Name
- PAN Number*
Relationship with Client
Self Spouse Dependent Children Dependent Parent
Signature of the Client
* Please specify the Name and PAN detail in case email id and/or Mobile Number is other than that of the
client.
In this regards we state the following :
1.
This is to further confirm that it will be my/our responsibility that my/our Email ID and/or Mobile Number
are active and the relevant Inbox is not full. Further, the trading member will not be held liable for the
mails and / or SMS alert not received.
2.
I/we undertake that any change in my/our Email ID and/or Mobile Number shall be communicated to
you in writing through a physical letter.
3.
I/we agree that this authority shall be valid, until it is revoked by me/us at any time by giving a written
notice to KALPTARU INVESTMENTS PVT. LTD.
_______________________________
Signature of Client
VOLUNTARY
A13
Voluntary information provided by the client in relation to the Prevention of Money Laundering Act, 2002
Name of the Client
: ______________________________________________________________
If Business / Profession : Nature of business : ______________________________________________
Industry
: ______________________________________________
Details of my/our Relatives, having account with KALPTARU INVESTMENTS PVT. LTD. :
Name
Relationship
1.
2.
3.
Details of the Corporate / Partnership Firm / Trust etc. where I/We am/are affiliated
Name
Entity Type
Nature of Business
Relationship
UCC (Client Code)
UCC (Client Code)
1.
2.
3.
I/We hereby submit and agree to submit every year financial documents to KALPTARU INVESTMENTS PVT. LTD. as
prescribed by Exchange / SEBI.
I/We confirm that I/We will immediately inform KALPTARU INVESTMENTS PVT. LTD. in case I/We am/are convicted
under any grounds or any action is taken against me/us by any authority(ies).
I/We intend to invest in the stock market with :
Own Funds
Borrowed Funds
(If Borrowed Funds, then please specify below Sources of funds :)
Sources of Borrowed Funds (if any)
Amount (`)
I/We hereby declare that I/We am/are beneficial owner of the Trading / On-line account opened with KALPTARU
INVESTMENTS PVT. LTD., and that I/We am/are investing my/our own funds with KALPTARU INVESTMENTS PVT. LTD.
Declaration for Clients for Special Category (Please tick whichever is applicable):
I/We hereby declare that I/We do not fall under Clients of Special Category as defined in Prevention of Money
Laundering Act 2002.
OR
I/We hereby declare that I/We fall under Clients of Special Category as defined in Prevention of Money Laundering
Act 2002 (choose the relevant category as under)
[ ] Non Resident Client [ ] High Net-worth Clients [ ] Trust, Charities, Non- Governmental Organisations (NGOs)and
organizations receiving donations [ ] Companies having close family shareholdings or beneficial ownership [ ] Politically
Exposed Persons [ ] Related to Politically Exposed Persons [ ] Companies Offering foreign exchange offerings [ ]
Clients in high risk countries where existence/ effectiveness of money laundering controls is suspect [ ] Non face to face
clients [ ] Clients with dubious reputation as per public information available etc.
______________________________
Client Signature
_________________________________
Client’s Name
For Office use only :
Risk categorisation of client as per PMLA, 2002 : High Risk
Medium Risk
Low Risk
Verified by : ______________________________________________________________________
Authorised & Approved by : __________________________________________________________
VOLUNTARY
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KALPTARU INVESTMENTS PVT. LTD.
Member : National Stock Exchange of India Limited
SEBI REGN. NO. INB / INF 231295735, Broker Code : 12957
Corporate Office : 9, India Exchange Place, 8th Floor, Room No. 11, Kolkata - 700 001
Phone : (033) 2248-6236 / 6237, 2210-4427, 4005-1473 / 1474
Fax : (91-33) 2210-4204, E-mail : [email protected]
Date: __________________
_____________________________
_____________________________
_____________________________
Dear Client,
Y
P
O
C
Re: Your submission of KYC form & acknowledgement for receipt of documents.
This is in regard to your submission of KYC form etc together with necessary documents, we are pleased to
allot you trading & unique Client Code No. ________________________ and welcome you as a client of
Kalptaru Investments Pvt. Ltd.. We are enclosing a copy of KYC form, Risk Disclosure document, Rights and
Obligations of stock broker / sub-broker and client, Guidance Note, Policies & Procedures, Tariff Sheet and
any other document etc. for your future reference.
We further confirm that you have consented to receive contract notes & other documents in your
E-mail ID _____________________________________________________________as provided by you.
You are registered to trade in
NSE CM
NSE F&O
NSE CD
You are requested to go through the above KYC form and inform us for any discrepancy there in, if any.
Please acknowledge the receipt by signing a copy of this letter.
Thanking You
Yours Faithfully,
For Kalptaru Investments Pvt. Ltd.
_____________________
Authorised Signatory
______________________
Client’s Signature