Karvy banned, now what..

#1
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.
 
U

uasish

Guest
#2
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.
 
U

uasish

Guest
#5
My strong hunch ,karvy may get a Stay in court,this time on the 1st oppurtunity CLOSE the a/c plz.