Traderji.com - Discussion forum for Stocks Commodities & Forex

Karvy banned, now what..

Discuss Karvy banned, now what.. at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Now that Karvy has been banned for 3 months what happens to their trading clients, ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > TOOLS & RESOURCES > Brokers & Demat Matters

Notices

Brokers & Demat Matters Talk about brokers, share transfers, demat matters and depository participant service providers.


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #1  
Old 23rd June 2007, 07:57 AM
Member
 
Join Date: Jun 2007
Posts: 136
Thanks: 0
Thanked 0 Times in 0 Posts
loosingstreak is on a distinguished road
Reputation: 20
Default Karvy banned, now what..

Now that Karvy has been banned for 3 months what happens to their trading clients, their margins lying with karvy, shares in their demat accounts.

Knowledgable folks please enlighten us.

Has Sebi considered the positions of the investors/traders before coming out with such an order.

Why are such orders always passed on friday evenings.
Reply With Quote
  #2  
Old 23rd June 2007, 09:53 AM
Moderator
 
Join Date: Nov 2005
Posts: 9,416
Thanks: 572
Thanked 1,159 Times in 487 Posts
uasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud of
Reputation: 1231
Default Re: Karvy banned, now what..

Earlier SEBI has given sufficient time to close the a/c & transfer Demat holdings,this is what i was knowing.Why could we not get out from Karvy.
Reply With Quote
  #3  
Old 23rd June 2007, 05:23 PM
Member
 
Join Date: Jun 2007
Posts: 136
Thanks: 0
Thanked 0 Times in 0 Posts
loosingstreak is on a distinguished road
Reputation: 20
Default Re: Karvy banned, now what..

True uashis, but does anone have a more helpful and informative reply.
Reply With Quote
  #4  
Old 23rd June 2007, 06:21 PM
Member
 
Join Date: Jun 2007
Posts: 5
Thanks: 0
Thanked 0 Times in 0 Posts
guptachetan is on a distinguished road
Reputation: 20
Default Re: Karvy banned, now what..

Other Broking Houses Will Be On Alert .. Market Sentiment Will Be Weak
Reply With Quote
  #5  
Old 23rd June 2007, 11:45 PM
Moderator
 
Join Date: Nov 2005
Posts: 9,416
Thanks: 572
Thanked 1,159 Times in 487 Posts
uasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud ofuasish has much to be proud of
Reputation: 1231
Default Re: Karvy banned, now what..

My strong hunch ,karvy may get a Stay in court,this time on the 1st oppurtunity CLOSE the a/c plz.
Reply With Quote
Sponsored Links

Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: Karvy banned, now what..
Thread Thread Starter Forum Replies Last Post
KARVY Fraud in MCX (Clients grievance) Maheshwar Investors Grieviences 33 16th May 2007 04:57 PM
KARVY- I bet they are the worst riser3 Brokers & Demat Matters 3 23rd April 2007 02:28 PM
Karvy, Indiabulls barred vince Brokers & Demat Matters 7 5th May 2006 11:02 PM
11 Kolkatta brokers banned vince Brokers & Demat Matters 1 30th September 2005 09:15 AM


All times are GMT +5.5. The time now is 02:55 PM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com