Chandrakant Amratlal Parekh

3 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Direction to disgorge unlawful gain from sale of cornered IPO shares confirmed

SAT-appeal

Alleged acquisition of shares in IPOs during 2003-2005 via thousands of fictitious/benami retail applications in violation of PFUTP Regulations.
Preliminary objection upheld - Rule 4(3) continuation letter is interlocutory and not appealable under Section 15T · Appeal No. 91 of 2007 dismissed with no order as to costs
Appeal: Appeal No. 91 of 2007 decided on 23.10.2007 - dismissed as not maintainable
Misuse of IPO process by financing 825 retail applications to corner shares meant for retail investors in Suzlon Energy IPO.
Appeal dismissed · No costs
Appeal: Appeal No. 47 of 2010 dismissed on 20.4.2010 with no costs
Cornering of shares in IPO scam and sale of cornered shares for unlawful gain
Appeal No. 129 of 2010 dismissed with no order as to costs · WTM debarment from securities market for 1 year in addition to ad-interim period confirmed

Analyse these matters in Ontology · Plans

Source: SecMarx — Chandrakant Amratlal Parekh. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.