You are on page 1of 1

(ON ONE HUNDRED RUPEE BOND PAPER)

Letter of Authorization

Date; DD/MM/YYYY

To,
Vector Securities (Pvt.) Limited
603, 6th Floor, New Stock Exchange Building
Pakistan Stock Exchange,
Karachi.

Re: Authorization for Trading in Securities and operating of Account with Vector Securities (Pvt.) Limited.

With reference to my/our Equity Trading Account No. __________opened with you, I/we hereby jointly/severally
authorize:

1. Mr./ Ms./ Mrs. _________________________ s/o, d/o, w/o Mr.____________________________ Bearing


CNIC No. ___________________________ and
2. MR./Ms./Mrs. _________________________s/o, d/o, w/o Mr. ____________________________ Bearing
Holding CNIC No. ___________________________________ to operate my/our above account with
Vector Securities (Pvt.) Limited

With complete power to Buy, Sell and Trade in securities (as defined in Vector’s Account opening From ) on
my /our behalf and issue instruction for sale and purchase of securities and for trading in securities from time to
time, to issue written instructions for receipt/transfer of shares through trading into/out of my CDC Account, to
receive A/c Payee cheques in my name from you and make payments on my behalf in cash or by cheques with
Vector Securities (Pvt.) Limited till the time the said authorization is revoked by me/us in writing. ,I/we shall
accept all instruction that may be effectuated by the said authorized person(s) jointly/severally from the date of
this authority letter without rising any dispute or issues and shall be fully responsible and liable for all actions,
acts ,things and deeds done effectuated by the said authorized person(s). Further, I/We shall keep Vector Securities
(Pvt.) Limited, its directors, its officers indemnified against any loss, dispute, litigation, claim, damages, etc that
may arise as a result of this letter of authorization.

The specimen signatures of the authorized person(s) are as follows:

S Name of Authorized person(s) to CNIC No. Specimen Signature(s)


No. operate the account

Signature(s) of Account Holder (s) Signature(s) of Executants(s) Account


Holder (s)

Witness:

You might also like