SAT Quashes NSE & CDSL Orders Against Kotak Mahindra Bank in Arcadia Brokers Share Pledging Case

The Securities Appellate Tribunal (SAT) has quashed the orders passed by the National Stock Exchange (NSE) and Central Depository Services (CDSL) directing Kotak Mahindra Bank not to invoke shares pledged by Arcadia Share & Stock Brokers.

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