Checklist / Format for Appointment of Authorised Person (INDIVIDUAL)

Sr. Documents Points to be noted while filing the application

No
.

1. a. Online Application  The Trading Member shall apply online on ENIT

b. Online Undertaking by the (https://www.connect2nse.com/MemberPortal) through
Trading Member (Annexure ENIT Service Request-->Exchange-->Authorised Person--
1) >Authorised Person Master-Digisign.
 The undertaking is prompted when the application on ENIT
is set to FINAL SAVE status.
 The undertaking should be digitally signed by the
Proprietor/Partner/Director of TM.

Physical documents are not required to be submitted vide circular

Ref No: 824/2013 – Digital Submission of Authorised Person
Application

2. Annexure 2 – Undertaking from  To be given on letterhead of the applicant AP

applicant Authorised Person  The applicant’s / proprietorship firm’s name and registered
office address should be mentioned on the undertaking.
 All clauses should be mentioned exactly as per the format
provided herewith.
 Should be signed by the Individual Applicant
Format:  Should be signed and stamped by the proprietor (in case of
sole proprietor)
3. Agreement between trading  Segment applied for, on ENIT should match with the
member and applicant agreement uploaded.
Authorised Person  A single agreement can be executed for multiple segments.
 To be on a non-judicial stamp paper of Rs.100/- or as per
stamp value applicable in the particular state where the
agreement has been executed. Also clear franking
date/stamp date should be mentioned.
 The agreement date should be on or after the stamp
Format: paper/franking date.
 The application should be submitted within 6 months from
the date of agreement.
 All clauses should be mentioned exactly as per the format
provided herewith.
 To be stamped and signed by Proprietor/Partner/ Director of
Trading Member and Applicant on all pages.
 To be certified as true copy on all pages by
Proprietor/Partner/ Director of the trading member.
 Duly certified scanned copies of the entire agreement
(including the e-stamp paper) should be uploaded on ENIT.
4. PAN Card  PAN entered on ENIT should match with proof provided.
  To be certified as true copy (stamped and signed) by
Proprietor/Partner/ Director of the trading member or
CA/CS/Advocate while uploading on ENIT.
5. Proof of Date of Birth  Data entered on ENIT should match with the proof provided
 As proof of age, duly certified scanned copy of PAN
(Minimum age of Individual/ Card/Driving Licence/School leaving certificate/SSC
Proprietor: 18 years) Certificate/Passport should be submitted.
 To be certified as true copy (stamped and signed) by
Proprietor/Partner/ Director of the trading member or
CA/CS/Advocate while uploading on ENIT.
6. Educational Qualification  Data entered on ENIT should match with the proof
provided.
(Minimum 10th standard pass or  Duly certified scanned copy of latest qualification or S.S.C.
equivalent examination passed mark sheet/certificate or the copy of Equivalent
recognised by Government) examination passed from an institution recognized by the
government to be uploaded.
 To be certified as true copy by Proprietor/Partner/ Director
of the trading member or CA/CS/Advocate.
7. Registered Office and  Address entered on ENIT should match with the proof
Residential Address of provided
Proprietor of Authorised Person  Proof of address with expiry date, if any, should be valid on
the date of submission.
 Proof in regional languages should be translated in
English/Hindi.
 Duly certified scanned copies of any of the following
documents can be submitted :
 Latest Landline Telephone Bill (not older than 6
months)
 Latest Electricity bill (not older than 6 months)
 Bank Statement/Pass Book (single/joint/second holder).
The first page (containing the address) and the page
with the latest transaction list (not older than 6 months)
should be uploaded.
 Notarized / Registered Rent Agreement (In case of
agreements in regional languages the commencement
date, name and address of the parties and the validity of
the agreement should be translated in English/Hindi).
 Voters id / Driving License /Valid Passport /Aadhaar
Card
 Valid Ration card. In case of Family Card, the
documents supporting the extended validity should also
be uploaded.
 Trade license agreement / Shop Establishment
Certificate
 Purchase deed along with index form.
 In case of a Proprietorship Firm the proof can be in the
name of the firm or the proprietor of the firm.
  In case the office address proof is in the name of
Spouse/Parents of the applicant, an undertaking/NOC from
the Spouse/Parents is required to be submitted along with
the address proof.
 In case the applicant is operating from the Trading Member
premises, an address proof of the trading member along
with the NOC from the trading member is to be submitted.
 To be certified as true copy by Proprietor/Partner/ Director
of the trading member or CA/CS/Advocate.

Points to be noted :
1 In case the name of the Authorised Person as per the application submitted differs from that of the
above documents uploaded alongwith the application, the certified true copy of Marriage
Certificate/ Notarised Affidavit should be submitted.
2 All documents uploaded should be certified as true copy by Proprietor/Partner/ Director of the
trading member or CA/CS/Advocate while uploading on ENIT.
3 In case the documents are CA/CS/Notary/Advocate attested, their membership number should be
mentioned.
4 Applicant Authorised Person should :
 Not be a Trading Member of the Exchange
 Not be a registered Authorised person of any other Trading Member of the Exchange
 Not a Proprietor/Partner/Director in any firm/corporate of a trading member or registered
Authorised Person.
 Have a good reputation and character.
5 Applicant Authorised Person :
 Is not a defaulter in any other Stock Exchange.
 Is not appearing in SEBI debarred Directors/ Vanishing Companies List
 Has not been convicted of any offence involving fraud or dishonesty
 Not appearing in CIS and Non CIS list or CIBIL database
6 Trading Member is not disabled or suspended or any disciplinary action has been taken/initiated
7 In case applying for Sub broker Cancellation and Authorised Person Appointment at the same time
undertaking from trading Member in format specified should be uploaded. The path for the same is
Membership - > Sub-broker - > Cancellation of Sub broker - >Download Undertaking Format.