Just wondering ...
What is Ketan Parekh up to these days? Well, he’s busy trying to keep himself out of jail—rather a comedown for a man, who, barely eight years ago, must have been wondering how soon he’d earn his next Rs 100 crore or how long it would take to push the Sensex up another 1,000 points.
What is Ketan Parekh up to these days? Well, he’s busy trying to keep himself out of jail—rather a comedown for a man, who, barely eight years ago, must have been wondering how soon he’d earn his next Rs 100 crore or how long it would take to push the Sensex up another 1,000 points. The Bombay High Court on April 1 sentenced him to a year of rigorous imprisonment for his involvement in the 1992 stock scam in which Harshad Mehta was the lead player.
Ketan Parekh
This is the first time that his name has cropped up in connection with the 1992 scam. In November last year, SEBI had barred Parekh from accessing the market for 14 years for his involvement in the 2001 stock scam. The way forward looks rather difficult for Parekh and it will require a huge effort to extricate himself from the current situation.
— Krishna Gopalan
