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Legal | SAT adjourns Sharma’s plea against Sebi ban

Legal | SAT adjourns Sharma’s plea against Sebi ban
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First Published: Fri, Jan 15 2010. 10 08 PM IST
Updated: Fri, Jan 15 2010. 10 08 PM IST
Mumbai: The Securities Appellate Tribunal (SAT) on Friday adjourned till 27 January the hearing on a petition by Shankar Sharma, vice-chairman and joint managing director of brokerage house First Global’s, against a February 2009 order by regulator Securities and Exchange Board of India (Sebi) banning him from trading in markets. Sebi barred Sharma for a year for his alleged role in manipulating the prices of certain scrips during the Ketan Parekh scam of 2000-2001.
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First Published: Fri, Jan 15 2010. 10 08 PM IST