Before this, the regulator on August 7 sent a notice to Karvy and Parthasarathy asking them to pay dues within 15 days in a case pertaining to misappropriation of clients’ funds by misusing the Power of Attorney (PoA).
The notice came after the entities failed to pay the fine imposed on them by Sebi.
The Securities and Exchange Board of India (Sebi) in April 2023 barred KSBL and Parthasarathy from the securities market for seven years and also imposed a penalty of Rs 21 crore on them for misappropriating clients’ funds by misusing the Power of Attorney given to the broking firm.
Esta historia es de la edición New Delhi 13September2024 de Millennium Post Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición New Delhi 13September2024 de Millennium Post Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
What's Coming Next?
From 'Dune: Prophecy' to 'Sikandar Ka Muqaddar'; here is a selection of new OTT offerings for you to enjoy
A LIVING LEGACY OF UNYIELDING SPIRIT
As Liverpool Football Club transitions from Klopp's 'heavy metal football' to Slot's 'composed and tactical style' while preserving its iconic legacy and unparalleled fan connection, the anthem 'You'll Never Walk Alone' continues to ring true
'People realised there was another facet to me'
'Bhool Bhulaiyaa' opened up new opportunities for actress Vidya Balan
Books, Bureaucracy & Beyond
In an exclusive interview with Millennium Post, former IAS officer Sanjeev Chopra sheds light on his intermingled journey as an administrator and writer, his diverse literary works, and his continuing role in curating the famous Valley of Words literature festival
Sunrise for sustainability
Solar power-a cost-effective and emission-free energy source-is foremost among the green alternatives for combating climate change, achieving net-zero targets, and revolutionising energy sectors worldwide
Carlsen, Lagno in lead; Pragg in hot pursuit
TATA STEEL CHESS
ACT: Three cheers for India, stun China
Defending champions India stunned Olympic silver medallist China 3-0 to seal a semifinals spot at the women's Asian Champions Trophy here on Saturday.
One for the future? Tilak leaves SKY wanting more
Suryakumar hails young gun for 'walking the talk'
Gill injured, India breathless
Suffers thumb injury with top-order already looking brittle for Ist Test
Israeli troops reach deepest point in Lebanon since Oct 1
Israeli troops captured hill in Chamaa in south Lebanon about 5 kilometers from Israeli border
