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SAT reverses Sebi decision, okays Ketan Parekh's cross-examination
Business Standard
|December 03, 2025
The Securities Appellate Tribunal (SAT) has overturned a Sebi decision and granted Singapore-based Rohit Salgaocar the right to cross-examine Ketan Parekh in an alleged insider trading case involving unlawful gains of ₹66 crore.
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In January, Sebi had issued an ex-parte interim order-cum-show cause notice against 22 entities, including Salgaocar (appellant) and Parekh. The regulator alleged that Salgaocar, a director at Strait
Dit verhaal komt uit de December 03, 2025-editie van Business Standard.
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