Ketan Parekh

SAT-appeal

• SEBI alleged that Himachal, its promoters and subsidiaries funded and provided shares to Ketan Parekh entities, aiding price manipulation in Himachal's scrip. Infotel was separately alleged to have paid Rs.65 crore to Goldfish Computers, a Ketan Parekh entity.
  Set aside the SEBI order dated March 7, 2007 withholding the draft offer document. · Directed SEBI to proceed with and dispose of the letter of offer in accordance with law within six weeks from receipt of the Tribunal's order.
  Appeal: Appeal No. 100 of 2007 decided by SAT on October 18, 2007; SEBI order dated March 7, 2007 set aside in relation to withholding the draft offer document.
• SAT matter SATV-75B97483AD52D914FA81CDB7
  Put up Appeal No. 135 of 2022 and Appeal No. 136 of 2022 on April 08, 2022 · Limited affidavit to be filed by BSE Ltd. and National Stock Exchange
  Appeal: Appeal No. 135 of 2022 with Misc. Application No. 226 of 2022 (Ketan Parekh) and Appeal No. 136 of 2022 with Misc. Application No. 227 of 2022 (Kartik Parekh) pending; next listed on April 08, 2022
• SAT matter SATV-7F35A71C0CCA285629420DA6
  Put up these matters on April 08, 2022 · Limited affidavit to be filed by BSE Ltd. and National Stock Exchange
  Appeal: Misc. Application No. 226 of 2022 with Appeal No. 135 of 2022 (Ketan Parekh) and Misc. Application No. 227 of 2022 with Appeal No. 136 of 2022 (Kartik Parekh) pending; adjourned to 08.04.2022
• Misuse of non-public information on substantial impending Big Client trades referred via Strait Crossing to front-run/execute trades through other noticees orchestrated by Ketan Parekh.
  Appeal allowed · SEBI communication dated August 13, 2025 denying cross-examination set aside
  Appeal: Appeal No.463 of 2025 with Misc. Application No.1141 of 2025 heard and reserved on 19.11.2025, allowed on pronouncement on 28.11.2025
• Alleged price manipulation in certain scrips; appellant held not fit and proper person to remain stock broker due to control by Ketan Parekh
  Cancellation of appellant's certificate of registration as stock broker upheld · Appeal Nos. 97 and 100 of 2004 dismissed - all contentions rejected
• SAT matter SATV-8F3E9BC30B4BE7BFDCDB7586
  Appeal disposed with direction to SEBI to consider and decide appellant representation dated 11 January 2022 and pass appropriate orders
• Front-running of impending trades of overseas FPI funds collectively called Big Client using prior non-public information to make wrongful gains.
  Interim relief rejected - plea to deposit only 50% of Rs 12.45 crore estimated profit denied · Prima facie observations non-binding; SEBI to pass final adjudicatory orders uninfluenced
  Appeal: Appeal No.7 of 2025 with Misc. Application No.37 of 2025, reserved 17.01.2025, decided 29.01.2025 - interim prayer rejected