Ketan Parikh scam: Govt submits report | india | Hindustan Times
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Ketan Parikh scam: Govt submits report

The report, submitted in Parliment on December 19, 2002, contained 276 observations, conclusions and recommendations.

india Updated: May 23, 2006 22:41 IST

The Government on Tuesday placed in Parliament the sixth progress report on the implementation of the recommendations of the joint parliamentary committee on stock market scam of 2001, involving big bull Ketan Parikh among others.

The report, submitted in Parliment on December 19, 2002, contained 276 observations, conclusions and recommendations.

The JPC recommended that the Government should present its action taken report to Parliament within six months and thereafter periodic progress reports every six months till action on all recommendations has been fully completed to the satisfaction of Parliament.

The Government had submitted the ATR to Parliament on May 9, 2003.

In the ATR and six progress reports presented to Parliament, action on 236 recommendations has been completed which leaves only 40 recommendatins to be fully implemented.

The Government's endeavour will be to address each of the JPC's recommendations in right earnest and it will ensure that the remaining recommendatins are most expeditiously acted upon, according to an official release in New Delhi.