NCLT orders Karvy Stock Broking not to alienate assets

The National Company Law Tribunal (NCLT) Hyderabad bench on February 8 ordered the management of Karvy Stock Broking not to alienate any assets of the company and its subsidiaries, responding to an application filed by a shareholder. This comes amid ongoing investigations by various agencies including the police, Securities and Exchange Board of India, Serious Fraud Investigation Office and Enforcement