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TRADING & DEMAT ACCOUNT OPENING FORM - NJ PMS

TRADING & DEMAT ACCOUNT OPENING FORM - NJ PMS

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CLIENT DP AGREEMENTThis agreement is made at the place and date asmentioned in the schedule to this agreementbetween:1) _________________________________________having address at (As per KYC)______________________________________________________________________________________(herein after referred as“the Client”/ “B.O”) and <strong>NJ</strong>India Invest Pvt. Ltd., having its registered office at9th Floor, “B” Tower, Udhna Udhyog Nagar SanghCommercial Complex, Central Road No. 10, Udhna,Surat - 394210,hereinafter called "the DepositoryParticipant"WHEREAS the beneficial owner is desirous ofopening a beneficial owner's account with theparticipant and the participant has agreed to openan account in the name of the beneficial owner andrender services to the beneficial owner as aparticipant, on the terms and conditions recordedhereinbelow:NOW THIS AGREEMENT WITNESSETH AND IT ISHEREBY AGREED BY AND BETWEEN THEPARTIES HERETO AS FOLLOWS:1. General clauseAGREEMENT BETWEEN A PARTICIPANT AND A PERSON SEEKINGTO OPEN A BENEFICIAL OWNER’S <strong>ACCOUNT</strong>The parties hereto agree to abide by the provisionsof the Depositories Act, 1996, SEBI (Depositoriesand Participants) Regulations, 1996, Bye-Laws andOperating Instructions issued by CDSL from time totime in the same manner and to the same extent as ifthe same were set out herein and formed part of thisagreement.2. Fees, charges and depositsThe participant shall be entitled to change or revisethe fees, charges or deposits from time to timeprovided however that no increase therein shall beeffected by the participant unless the participantshall have given at least one month's notice in writingto the beneficial owner in that behalf. In case thebeneficial owner committing a default in the paymentof any such amount payable to the participant ontheir respective due dates or within fifteen days of thesame being demanded (where no such due date isspecified), the participant shall be entitled to chargeinterest on the amount remaining outstanding orunpaid not exceeding 18% per annum or part thereof.On such continued default, the participant aftergiving two days notice to the beneficial owner shallhave a right to stop processing of instructions ofbeneficial owners till such time he makes thepayment along with interest if any.3. Statement of account3.1 the participant shall furnish to the beneficialowner a statement of his/its account at the end ofevery month if there has been even a single entry ortransaction during that month, and in any event oncex13/21x 14/21Signature of Karta39

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