The Securities and Exchange Board of India (SEBI) has objected to former stockbroker Ketan Parekh's request to travel overseas for four months, warning that he has previously used such permissions as a cover for fraudulent market activity, a report by The Indian Express said on Monday.

Parekh, infamous for his role in the 2000-2001 securities scam, had sought permission to visit countries including the UK, UAE, Singapore, Thailand, Sri Lanka, South Africa, the European Union, and Georgia for family vacations and weddings, citing the health of his elder daughter and the desire to spend time with both daughters living in the UK.

In its filing before the special SEBI court in Mumbai, the regulator highlighted Parekh's prior misuse of travel permissions.

"The applicant has a history of misu

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