Primus In News
Can margin trading losses on equity investments be recovered from spouse’s demat account? SC rules yes, it can be in this case
26-02-2025
Shravan Shetty, Managing Director, Primus Partners, shares his view on the Supreme Court's ruling on joint liability in financial transactions. He highlights that the court’s decision reinforces the principle that spouses can be held jointly liable for stock market losses if both were actively involved in financial dealings, even in the absence of a formal agreement. This precedent could extend to similar cases where shared liability or joint use of profits is established.
Explore Related Insights
- Indian Automobile Industry Rides High: A 19% Growth in FY24
- By 2035 AI- driven automation to boost manufacturing productivity by up to 40%
- Lenskart shares jump 16 percent intraday after weak market debut: Should you buy, sell or hold?
- Could Go First's bankruptcy hamstring India's aviation sector again?
