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SEBI - Highlights / Catch Notes

Home Highlights March 2023 Year 2023 This

Allegation on Karvy Stock Broking committed fraud with respect ...

SEBI

March 31, 2023

Allegation on Karvy Stock Broking committed fraud with respect to thousands of investors - not only the grievance of the petitioners but the grievance of similarly situated investors has also been considered by the appropriate authority as per the procedure prescribed by law. The manner in which grievances have been considered of course, would not be relevant at this stage as the investors and the petitioners would have appropriate remedy to test the validity of those decisions. - HC

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