Karvy case: SAT quashes SEBI orders; relief to Axis Bank, other lenders
Appellate tribunal allows Axis Bank to invoke shares pledged; asks exchanges to compensate other banks
karvy stock broking
December 2023
June 2023
SEBI cancels Karvy Stock Broking’s licence; to pay outstanding dues
SEBI last month banned Karvy and promoter Comandur Parthasarathy from the securities market for 7 years, and fined ₹21 cr for misusing powers
