43 Signatures to open a Share Trading Account

Every so often, something amazes me. The other day, I got a booklet to sign for opening up a share trading account. (Don’t remember if it was a special account or an ordinary one.) There were 43 places marked out in the booklet that I had to sign. Get that again — 43 repeating signatures.

It is not that I am reading the 7-point font to understand what I am signing. I don’t get it. Why can’t they have a single signature at the end which says – I have read all your fine print and realise that I have no option but to agree with everything if I am to do business with you. One signature is all it should take. Why 43?

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Rajesh Jain

An Entrepreneur based in Mumbai, India.