Karvy Stock Broking Limited
Penalties and directions recorded
- Cases remanded to SEBI Board for three separate fresh orders on three WTM show cause notices
- Fresh orders uninfluenced by impugned findings; all merits issues remain open
- Adverse final order(s), if any, not to be given effect for four weeks from receipt
- Appeal disposed with direction to WTM to consider appellant's letters dated Nov 24, 25 and 26, 2019 after hearing and pass appropriate order.
SAT-appeal
- SAT matter SATV-028A537DF962AB900F40E3ABKarvy Stock Broking Limited granted one last opportunity to file a reply in HDFC Bank Ltd.'s appeal within two weeks from 18 October 2021 · Rejoinder, if any, may be filed within one week thereafterAppeal: Appeal Nos. 35, 50, 112, 70 and 75 of 2020 were pending; listed for final disposal on 22 November 2021
- SAT matter SATV-0C90B8F1F5DA0583FB9C792EList the matter on 16 June 2021 · Continue interim relief, if any, until the next hearing dateAppeal: Appeal No. 35 of 2020 was pending; adjourned to 16 June 2021 with interim relief continued
- Alleged irregularities by Karvy Stock Broking as broker and DP and by Karvy Computershare as RTA per common show cause notice; specifics not detailed in remand order.Appeals allowed and impugned order dated 22 June 2007 set aside · Cases remanded to SEBI Board for three separate fresh orders on three WTM show cause noticesAppeal: Appeal Nos. 75, 111 and 153 of 2007 disposed on 30.6.2008 - allowed, impugned order set aside and remanded
- Alleged misuse of clients' funds and securities by KSBL based on NSE preliminary report dated November 22, 2019.Appeal disposed with direction to WTM to consider appellant's letters dated Nov 24, 25 and 26, 2019 after hearing and pass appropriate order.Appeal: Appeal No. 579 of 2019 decided/disposed on 29.11.2019
- SAT matter SATV-8A057EA832A02AE0B63D94FCAppeal No. 185 of 2021 dismissed for want of prosecutionAppeal: Appeal No. 185 of 2021 dismissed for want of prosecution on 24.03.2022
- SAT matter SATV-A4999949FB1BB700D4BB4443Allowed Misc. Application No.223 of 2020; impleaded Karvy Stock Broking Ltd as Respondent No.4 as necessary party · Appellant to supply corrected array/amended memo to Tribunal and respondents within 10 daysAppeal: Appeal No.70 of 2018 with Misc. Application No.223 of 2020 pending; next listed October 21, 2020 with Appeals 50/2020 and 75/2020
- SAT matter SATV-C5E33AA36D49BA04C9A1E393Same order as in Appeal No. 75 of 2007 decided on 30.6.2008Appeal: Appeal No. 111 of 2007 decided on 30.6.2008 - disposed by same order as Appeal No. 75 of 2007
Source: SecMarx — Karvy Stock Broking Limited. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.