Can margin trading losses on equity investments be recovered from spouse’s demat account? SC rules yes, it can be in this case

Making a loss in equity investment is not an uncommon thing. Often, equity investment is done with leverage, where you go for short-term borrowing to make an investment. If you incur losses after doing a leveraged trade, your demat account will have a negative balance, which you will need to settle within an agreed time frame. Suppose if your spouse incurs such a loss after a leveraged trade and has a negative balance in their demat account, will you be responsible for offsetting their losses from your own demat account?

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