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      Question

      Why did SEBI cancel the registration of Karvy Investor

      Services Ltd. (KISL) as a merchant banker?
      A Breach of eligibility criteria Correct Answer Incorrect Answer
      B Violation of securities trading regulations Correct Answer Incorrect Answer
      C Money laundering activities Correct Answer Incorrect Answer
      D Insider trading practices Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ย  SEBI cancelled the registration of Karvy Investor Services Ltd. (KISL) as a merchant banker due to breach of eligibility criteria.

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