NEW DELHI: Sebi on Wednesday despatched a discover to Karvy Inventory Broking and its CMD C Parthasarathy asking them to pay round Rs 25 crore inside 15 days in a case pertaining to misappropriation of shoppers’ funds by misusing the energy of lawyer. The discover got here after they didn’t pay the tremendous imposed on them by Sebi. Sebi in April 2023 barred KSBL and Parthasarathy from the marketplace for 7 years and fined Rs 21 crore for misappropriating shoppers’ funds.
