The Supreme Court of India on Monday allowed stockbroker Ketan Parekh, who has been convicted in the Canfina Mutual Fund scam, to travel to United Kingdom to attend to his daughter's medical needs. .A Bench of Justices DY Chandrachud and AS Bopanna passed the order allowing Parekh relaxation from January 27, 2022 till the end of February 2022. This would be the seventh time he is being allowed to travel abroad."The petitioner wishes to travel to UK to attend to the medical need of his daughter. The petitioner has been allowed to travel abroad on several occasions. He was allowed to travel on six previous occasions. we think ends of justice will be met by allowing the petitioner to travel abroad from Jan 27, 2022, to End of February, 2022," the Court said.The condition which were imposed previously when he was allowed to go abroad will apply in the present case as well, the Court clarified. .Parekh was convicted in 2008 for the mutual fund scam of 1992 in which he is accused of siphoning off public funds of Rs. 47 crore. He was later granted bail by the top court.
The Supreme Court of India on Monday allowed stockbroker Ketan Parekh, who has been convicted in the Canfina Mutual Fund scam, to travel to United Kingdom to attend to his daughter's medical needs. .A Bench of Justices DY Chandrachud and AS Bopanna passed the order allowing Parekh relaxation from January 27, 2022 till the end of February 2022. This would be the seventh time he is being allowed to travel abroad."The petitioner wishes to travel to UK to attend to the medical need of his daughter. The petitioner has been allowed to travel abroad on several occasions. He was allowed to travel on six previous occasions. we think ends of justice will be met by allowing the petitioner to travel abroad from Jan 27, 2022, to End of February, 2022," the Court said.The condition which were imposed previously when he was allowed to go abroad will apply in the present case as well, the Court clarified. .Parekh was convicted in 2008 for the mutual fund scam of 1992 in which he is accused of siphoning off public funds of Rs. 47 crore. He was later granted bail by the top court.