SAT quashes SEBI order against former PTC India CMD Rajib Kumar Mishra, ET LegalWorld
The Securities Appellate Tribunal (SAT) has quashed a Sebi order that restrained former PTC India Chairman and Managing Director (CMD) Rajib Kumar Mishra from being a director in a listed entity for six months in a matter pertaining to alleged corporate governance lapses. The latest ruling came after Mishra approached SAT against Sebi’s order on […]
Sebi orders attachment of bank, demat accounts of Karvy Stock Broking, its CMD, ET LegalWorld
Markets regulator Sebi on Thursday ordered the attachment of bank accounts as well as shares and mutual fund holdings of Karvy Stock Broking and its CMD C Parthasarathy to recover dues of around Rs 25 crore. Before this, the regulator on August 7 sent a notice to Karvy and Parthasarathy asking them to pay dues […]