26 years on, Bombay high court acquits 10 accused in Harshad Mehta securities scam
6 years, 2 months ago

26 years on, Bombay high court acquits 10 accused in Harshad Mehta securities scam

Hindustan Times  

Twenty-six years after the stockbroker Harshad Mehta-led securities scam shook the nation, the Bombay high court on Thursday acquitted seven officers of the State Bank of India and State Bank of India Capital Markets Limited and three others of duping SBI Caps to the tune of ₹105 crore. Twenty six years after stockbroker Harshad Mehta-led securities scam shook the nation, the Bombay high court on Thursday acquitted the ten accused. A special court of justice Shalini Phansalkar-Joshi acquitted the accused after noticing that the Banking, Securities and Fraud division of the Central Bureau of Investigation had completely failed to prove charges against them. The CBI had alleged that the prime accused, Rama Sitharaman, C Ravi Kumar and Mehta, plotted a securities scam with others.

Securities Accused Mehta Cbi Bombay High Sbi Harshad Mehta Sbi Caps  accused  26  mehta  harshad  sbi  acquitted  cbi  transactions  stockbroker  acquits  securities  court  caps  bombay  high  scam

History of this topic

Maharashtra bitcoin scam: CBI files case against Amit Bhardwaj and Ajay Bhardwaj amid ED raids in Raipur
1 month, 3 weeks ago

Maharashtra bitcoin scam: CBI files case against Amit Bhardwaj and Ajay Bhardwaj amid ED raids in Raipur

India TV News  

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CBI arrests Dheeraj Wadhawan in Rs 34,000 crore DHFL bank fraud investigation
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India TV News  

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1 year, 3 months ago

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Hindustan Times  

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2 years ago

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News 18  

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Verdict in major fodder scam case expected today; Lalu’s fate hangs in balance
2 years, 10 months ago

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Hindustan Times  

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Bombay High Court Stays Investigation Against Sony Pictures In FIR Over 'Scam 1992' Series
3 years, 4 months ago

Bombay High Court Stays Investigation Against Sony Pictures In FIR Over 'Scam 1992' Series

Live Law  

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3 years, 4 months ago

Bombay HC stays investigation in Sony Pictures' criminal defamation case against Scam 1992

India Today  

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Did Reddit Do a Harshad Mehta? Indians Find 'Scam' Connection to GameStop Stock Surge
3 years, 11 months ago

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News 18  

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4 years ago

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The Quint  

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4 years ago

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India Today  

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5 years, 3 months ago

Hyderabad: CBI nets 2 SBI staff for Rs 5.36 crore fraud

Deccan Chronicle  

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6 years, 4 months ago

Auditor who exposed Harshad Mehta scam to carry out forensic audit of Amrapali Group

Firstpost  

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PNB scam: Mehul Choksi seeks cancellation of non-bailable warrants, cites fear of mob lynching
6 years, 5 months ago

PNB scam: Mehul Choksi seeks cancellation of non-bailable warrants, cites fear of mob lynching

India TV News  

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CBI registers 3 cases of banking fraud against Mumbai firms for Rs 136 cr loss to SBI
6 years, 6 months ago

CBI registers 3 cases of banking fraud against Mumbai firms for Rs 136 cr loss to SBI

Firstpost  

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