“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." - Warren E. Buffett

Thursday, December 11, 2008

Investor Rights

You want to invest on stocks, want to get involved in share trading, want to jump into online trading, and you do, either you do it on your own or with somebody's advice,but do you know about your rights as an investor. Yes investors enjoy some rights which you are supposed to know, even though its no need for you to memorize it but keep this link in safe place so when the need arises you can use it.

Investors enjoy certain rights under The Companies Act, 1956, Securities & Exchange Board of India Act, 1992, Securities Contracts (Regulation) Act, 1956 (SCRA) and The Reserve Bank of India Act, 1934. These rights vary, depending upon the type of investor you are, i.e. Shareholder or debenture holder or a depositor. Some of the important rights, under different Acts, are summarized below:

Check here for your Investor rights.