What is an LLP Demat account? Who can open an LLP Demat account with Arihant Capital Market Limited?

An LLP Demat account is a dematerialised account opened in the name of a Limited Liability Partnership (LLP) to hold securities like shares, bonds, mutual fund units, and ETFs in electronic form. Since an LLP is a separate legal entity, it can open and operate a Demat account just like companies and other institutions.  

At Arihant Capital Markets Limited, any LLP registered under the Companies Act/LLP Act can open a Demat account. The account must be operated by designated partners or authorised signatories, as mentioned in the LLP Agreement and Partner’s Resolution, ensuring compliance with SEBI and KYC norms.