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INDIA'S SEBI CONFIRMS ORDER AGAINST HIMANI PATEL IN IPO SCAM.

AsiaPulse News

| December 03, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MUMBAI, Dec 3 Asia Pulse - Market regulator Securities and Exchange Board of India (SEBI) Friday confirmed its earlier ban order against Ahmedabad-based Himani Patel, who was involved in the IPO scam that hit the stock market in 2003-05.

The regulator in its interim order in April 2006 had "directed various key operators including Himani Patel not to buy, sell or deal in the securities market including in IPOs, directly or indirectly till further directions".

Patel was accused of cornering shares of Suzlon Energy through various ...

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Source: HighBeam Research, INDIA'S SEBI CONFIRMS ORDER AGAINST HIMANI PATEL IN IPO SCAM.

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