Harshad Mehta: Biography, Net Worth, Family, Born to Died, son, Stock Market - CelebrityWikin

Harshad Mehta: Biography, Net Worth, Family, Born to Died, son, Stock Market.


Harshad Mehta was born on 29 July 1954 at, Paneli Moti, Rajkot District in Gujarati Jain Family. He spent his adolescence in Kandivali, Mumbai where his father has Clothes business. Harshad finished his B.Com in 1976 from Lala Lajpatrai College, Mumbai. After graduation, he worked various unspecialized temp jobs for a very long time. He was not happy with his employment as he needed to bring in cash to satisfy his longings.


Harshad began his Job as sales rep at Bombay office of New India Assurance Company Limited. During his work, he discovered his premium in securities exchange. He left his work and joined financier firm. He functioned as an agent at firm and made parcel of benefit to the separate firm. In 1984, Harshad Mehta began his own firm named ' Grow More Research and Asset Management '. He began exchanging 1986, continuously 1990, number of individuals put resources into his firm. During 1990-91, media depicted picture of Mehta as "The Big Bull". Likewise, a few magazines called him as ' The Amitabh Bachchan of Stock Market'.

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Harshad Mehta with his brother photo :-



Know More About Harshad Mehta Family :-

Son - Atur Mehta.
Wife - Jyoti Mehta.
Brother - Ashwin Mehta.
Father - Shantilal Mehta.
Mother - Rasilaben Mehta.
Cousin Brother - Hitesh Mehta.
Cousin Brother - Sudhir Mehta.

How Harshad Mehta Scam in 1992 ??


Upto mid 90's, bank didn't have authorization to put resources into stock markets. Mehta astutely crushed out the cash from banks and covertly put it in share market. He additionally guaranteed higher paces important to the bank. However, just if, bank move cash direct to his own financial balance, under the pretense of purchasing security for them for different banks. Another trick utilized was of the bank receipt (BR). In a prepared forward arrangement, protections were not moved to and forth in fact.


Who Exposed Harshad Mehta in 1992 Scam ??


On 23 April 1992, Journalist Sucheta Dalal uncovered the trick of Harshad Mehta in Time of India. After examination, CBI captured Harshad and his sibling for purportedly misusing 2.8 million portions of around 90 organizations.


How Harshad Mehta Died ??


Harshad Mehta was under the Criminal Custody in Thane jail. He whined about chest torment at late night and admitted to Thane Civil Hospital. He passed on because of brief heart sustenance at 47 years old on 31st December 2001.

Where is Harshad Mehta ‘s family Now ??


After Harshad Mehta died in 2001, his family had number of cases to battle in court for Harshad. Following 27 years of fight, personal duty council scrapperd whole assessment interest of Rs. 2.017 Crores on Harshad Mehta, spouse Jyoti Mehta and sibling Ashwin Mehta in Feb 2019. This equivalent year, his better half Jyoti Mehta won argument against stock dealer Kishore Janani and Federal Bank who evidently owed ₹6 crore of Harshad Mehta since 1992. Jyoti was qualified for get the whole sum with 18% premium. 


Harshad 's sibling Ashwin Mehta sought after his degree in law at 50 years old. Presently, He is rehearsing in Mumbai High Court as a lawer. Only he battled all the bodies of evidence against for his sibling and cleared the Rs 1700 Crores of bank's due.

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Harshad Mehta: Biography, Net Worth, Family, Born to Died, son, Stock Market - CelebrityWikin Harshad Mehta: Biography, Net Worth, Family, Born to Died, son, Stock Market - CelebrityWikin Reviewed by WIKI Names on November 14, 2020 Rating: 5

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