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HC sets aside single judge order staying Karvy group assets attachment

HC sets aside single judge order staying Karvy group assets attachment
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Sebi orders attachment of bank, demat accounts of former officials of Karvy Group

The recovery proceedings against KSBL s former VP (finance and accounts) Krishna Hari G; KSBL s former compliance officer Srikrishna Gurazada; KSBL s General Manager of back office operation Srinivasa Raju for Rs 1.80 crore, includes interest, all costs, charges and expenses, Sebi said in three attachment orders on November 14.

ED attaches assets worth Rs 134 cr in Karvy Group money laundering case

New Delhi, Oct 27 (IANS) The Enforcement Directorate (ED) has said that it has attached properties worth Rs 134.02 crore in the form of 1000 non-convertible redeemable preference shares of face value Rs 200 each of KFin Technologies Ltd (KFintech) held in the name of son of C. Parthasarathy, the CMD of Karvy Stock Broking Ltd, in a money laundering case.

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