InvestorQ : My brother is an NRI living in the UK. He has a demat account here. Can he nominate?
Niraja Mehta made post

My brother is an NRI living in the UK. He has a demat account here. Can he nominate?

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shrinidhi Rajan answered.
3 years ago
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Yes, NRI can nominate directly. But, the power of attorney holder cannot nominate on behalf of NRI. This is an important point. Only the NRI in his or her individual capacity can give a nomination. The NRI can have a resident Indian or another NRI as a nominee in this case.
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