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.
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