0193-2021 Karvy Stock Broking Ltd. vs The Whole Time Member Securities and Exchange Board of India
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Full text
“30. In view of the above, I deem it fit to proceed further in the facts and circumstances of the case and in exercise of powers conferred upon me under Sections 11(1), 11(4) and 11B read with Section 19 of the SEBI Act, 1992 and Regulation 35 of SEBI (Intermediaries) Regulations, 2008, hereby confirm the directions issued vide ex parte ad interim order dated November 22, 2019. 31. Transfer of funds/securities made by the KSBL to its clients subsequent to SEBI order dated November 22, 2019, would not absolve KSBL or its directors from violations of the provisions
BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI
Date of Decision:23.4.2021 Misc. Application No.204 of 2021 And Appeal No.193 of 2021 Karvy Stock Broking Ltd. Karvy House, 46, Avenue IV, Street No.1, Road No.10, Banjara Hills, Hyderabad-500034.
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Source: SecMarx — 0193-2021 Karvy Stock Broking Ltd. vs The Whole Time Member Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.