Ketan Parekh is a former stockbroker from Mumbai, who was convicted in 2008 for involvement in the Indian stock market manipulation scam that occurred from late 1998 to 2001. During this period, Parekh artificially rigged prices of certain chosen securities (informally referred to as K-10 stocks), using large sums of money borrowed from banks including the Madhavpura Mercantile Co-operative Bank, of which he himself was a director. Web27 sep. 2024 · Ketan Parekh only paid back Rs. 7 crores, prompting the launch of a lawsuit against him for Rs. 130 crore fraud. After the Central Bureau of Investigation …

Ketan Parekh Scam by Aishwarya Reddy on Prezi Next

WebCASE I - Ketan Parekh Scam. Introduction: The scam that lead to 176-point Sensex crash on day March 1st 2001 gave a major shock to the Indian Government, Indian stock markets and all the investors in the same way. Also since the Union budget was tabled only a day earlier and had been claiming for the growth initiatives in the future and also ... WebTHE KETAN PAREKH SCAM Presented by- Raveena Sharma B.Com 6 th Sem 202454002 OBJECTIVES OF THE STUDY To highlight the Ketan Parekh Scam, portraying the sequence of events, the key parties involved and the major follow up actions taken in India To understand what can be learnt from the scam. the hospital blu-ray sandpiper pictures

Bank of India Vs. Ketan Parekh & Ors Judgments Supreme Court ...

WebKetan Parekh was Chartered accountant. Ketan was so much influenced with Harsad decided to join Grow more. Ketan's Sacm was bigger than Harsad but never came out … Web27 mrt. 2000 · Ketan Parekh paid back only Rs. 7 crores, which led to the filing of a 130 crore Rupees fraud case against him. The entire scheme was exposed after Ketan was … Web18 okt. 2024 · The government accused Ketan Parekh that he lied, faked accounts, stole stock market prices, misused investors’ judgments, mismanaged public money, and paid … the hospital at westlake medical center ceo