Sebi disposes of show cause notice to Karvy Capital, officials in AIF rule violation case, ET LegalWorld
Capital markets regulator Sebi has disposed of a show cause notice issued to Karvy Capital Ltd and its key management personnel after finding no violations of alternative investment funds (AIF) rules. The order came after the Securities and Exchange Board of India (Sebi) examined the matter of Karvy Capital Alternative Investment Trust, and KCAP Alternative […]
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 […]