Karvy appeals against single judge order

Karvy had earlier challenged the Centre’s decision ordering a probe by the Serious Fraud Investigation Office into its alleged mismanagement of securities by the company which a single judge dismissed

Telangana High Court (File Photo | EPS) 

HYDERABAD: A division bench of the Telangana High Court on Wednesday reserved its order in an appeal filed by  Karvy Stock Broking Ltd. challenging a single Judge order.  

Karvy had challenged the Centre’s decision ordering a probe by the Serious Fraud Investigation Office into its alleged mismanagement of securities by the company. The plea was dismissed by a Single Judge and then the company filed an appeal against the order in the High Court.