Ketan Parekh

Decoded: How does front-running work, and what is Ketan Parekh's role?

Front-running is a fraudulent practice where traders use advance knowledge of large client orders for personal profit, as seen in Ketan Parekh's case

Ketan Parekh among 3 banned from securities markets in front-running scheme

Regulator has barred the infamous stock operator for front-running trades pertaining to a US based FPI, directed disgorgement of illegal gains of Rs 66 crore

Sebi court rejects Ketan Parekh's plea for closure of payment default case

A special court here has rejected former stock market broker Ketan Parekh's plea for the closure of a case initiated against by SEBI for not paying a penalty imposed by the markets regulator, noting the accused prima facie violated the norms "intentionally". The special judge for cases under the Securities and Exchange Board of India (SEBI) Act, RM Jadhav, in an order passed on October 4, ruled that Parekh's plea for compounding of the case against him "is unwarranted and uncalled for". SEBI initiated a criminal case against Parekh after he failed to pay the penalty for violating the board's regulation. In response, Parekh filed an application before the court for closure of the case by compounding. Parekh, in his plea, stated that the complaint had been filed in 2003 for the alleged violation dated 1997. Almost 25 years lapsed since the alleged violation. They offered to pay whatever amount sought by the board, Parekh's lawyer submitted before the court. "The applicant desires to

Stock broker Ketan Parekh gets 3-year jail for non-payment of dues to Sebi

The case pertains to acquisition of shares by Panther Fincap of Shonkh Technologies beyond permissible limits without making disclosures under the Sebi regulations

Sebi court sends former stock broker Ketan Parekh to judicial custody

Sebi is prosecuting Parekh for various offences, including market manipulation