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Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker and a convicted fraudster. Mehta's involvement in the 1992 Indian securities scam (about ₹30,000 Crores) made him infamous as a market manipulator.
Born into a Gujarati Jain family, Harshad Mehta was a stockbroker who carried out the 1992 stock market scam, apparently, the biggest ever stock market scam in India. Harshad spent his early childhood years in Mumbai’s Kandivali, where his father, Shantilal, used to run a small textile business.
The 1992 Indian stock market scam was a market manipulation carried out by Harshad Shantilal Mehta with other bankers and politicians on the Bombay Stock Exchange. The scam caused significant disruption to the stock market of India, defrauding investors of over ten million USD.
7 lug 2022 · Nearly 21 years after the scam-accused stock broker Harshad Mehta died of a heart attack in prison, his wife, Jyoti, has claimed he died of medical negligence as jail authorities denied him ...
To confer benefits on them the Custodian violated the law laid down by Hon’ble Supreme Court in the case of Harshad Shantilal Mehta vs. Custodian reported (1998) 5 SCC 1 (hereinafter referred to as Harshad Mehta’s judgment) which violations are explained hereinafter.
20 ott 2020 · The securities scam of 1992, involving infamous stockbroker Harshad Shantilal Mehta, led to sweeping stock market reforms and revealed systemic loopholes in the country's banking sector.
- Business
Scam 1992: The Harshad Mehta Story: With Pratik Gandhi, Shreya Dhanwanthary, Hemant Kher, Anjali Barot. The rise and fall of Harshad Mehta, a stockbroker who single-handedly took the stock market to great heights, is depicted.
