Asking VVSS chief Jitendra Singh Visen to clarify whether the chief minister's prior consent had been taken in the matter, police have given him three days to reply or face legal action.
To curb misuse of PoA given by clients to stock brokers, Sebi came out with fresh guidelines wherein execution of a new document will be made compulsory for transfer of securities towards deliveries
The latest communication comes against the backdrop of Karvy Stock Broking Ltd unauthorisedly transferring securities worth Rs 2,300 crore of more than 95,000 clients, into its account