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Karvy: SAT Asks SEBI, NSE and NSDL To Restore Shares Pledged with Axis Bank, ICICI Bank, HDFC Bank, IndusInd Bank and Bajaj Finance

Coming down heavily on National Securities Depositaries Ltd (NSDL) and the Securities and Exchange Board of India (SEBI) for transferring, without any authority of law, fungible shares pledged by Karvy Stock Broking Ltd with four banks and one non-banking finance company (NBFC),

After 32 Broker Defaults, SEBI Attempts To Stop Misuse of Investor Funds

At a press conference on 29th March, Madhavi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), made a bold pledge that has gone viral. She declared, “There will not be another Karvy issue in our capital markets. If another Karvy-like instance happens, it will be on our dead bodies.

ED Freezes Shares Worth Rs700 Crore of Karvy Group Held by C Parthasarathy, His Family

ED Freezes Shares Worth Rs700 Crore of Karvy Group Held by C Parthasarathy, His Family
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