The Securities and Exchange Board of India (SEBI) has strongly objected to a plea filed by former stockbroker Ketan Parekh, a key figure in the 2000-2001 securities scam, seeking permission to travel overseas for four months. The regulator has alleged that Parekh has a track record of misusing such permissions to engage in illegal trading activities and may now be attempting to use the travel request as a pretext to permanently move abroad. Parekh, who was banned from participating in the stock markets for 14 years due to his role in the securities scam that shook Dalal Street, is currently facing criminal proceedings before a special SEBI court in Mumbai. Despite these ongoing cases, Parekh filed an application seeking approval to travel to the UK, UAE, Singapore, Thailand, Sri Lanka, S

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