• corruption
    programs, lack of competitive free markets, monopoly of certain goods and service providers by government controlled institutions, bureaucracy, lack of penalties for corrupt behavior by public officials, and lack of transparent laws and processes. A Harvard University study finds these to be some of...
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  • Case Study Harshad Mehta by Yaminidi
    Indian public. But the fact had another side too. Mr Mehta started buying this ACC at mid 1990 and then he made it public. It was Harshad Mehta¶s trademarked style:1 He used to study fundamentals, 2 he used to buy in big quantity and 3 then he used to make it public. And demand of that stock used to...
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  • Harshad Mehta
    to Indian public. But the fact had another side too. Mr Mehta started buying this ACC at mid 1990 and then he made it public.  It was Harshad Mehta’s  trademarked style. He used to study fundamentals, he used to buy in big quantity and then he used to make is public. And demand of that stock used to...
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  • Scams in Banking
    Investment Banking Case Study on Scams and bubbles (1)Stock Scam-*Harshad* Mehta Early Life {text:bookmark-start} {text:bookmark-end} Stock Market Scandal Mehta gradually rose to become a stock broker on the Bombay Stock Exchange and lived almost like a movie star in a 15,000 square...
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  • Harshad Mehta
    ------------------------------------------------- Harshad Mehta From Wikipedia, the free encyclopedia Harshad Shantilal Mehta | Born | 29 July 1954[1] Paneli Moti, Gujarat, India | Died | 31 December 2001 (aged 47) Mumbai | Residence | Mumbai, Maharastra, India | Nationality | Indian...
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  • Corruption
    . It is apparent from these case studies that corruption is no longer confined to petty public functionaries. The Krishnamachari-Patel-Mundhra-LIC scandal and the Harshad Mehta and Ketan Parekh securities scams in particular reflect the growing nexus between politicians in power, the bureaucracy...
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  • Harshad Mehta
    hands of the law. Nimesh Shah still deals in the stock market and is known to be a heavy player. Harshad Mehta is now dead. It is rumored that when he died, he still had 10% of ACC shares with him. ------------------------------------------------- Harshad Mehta From Wikipedia, the free encyclopedia...
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  • Sebi Case Study
    CASE STUDY In 1992, the Bombay Stock Exchange (BSE),3 the leading stock exchange in India, witnessed the first major scam masterminded by Harshad Mehta (Mehta) Analysts unanimously felt that if more powers had been given to SEBI, the scam would not have happened. As a result, the Government of...
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  • Corporate Fraud
    trust) and Section 420 (cheating) of the Indian Penal Code. Harshad Mehta Scam: A Stock Market Scandal Harshad Shantilal Mehta was born in a Gujarati Jain family of modest means. His early childhood was spent in Mumbai where his father was a small-time businessman. Harshad Mehta slowly and...
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  • Prove or Disprove the Following Statement ‘White Collar Crime Is Committed Only by Persons of High Social Status or Persons in Policy Making or in Powerful Positions’
    the judiciary conscious of the grave damage caused to the country’s economy and health by such anti-social crimes… “ List of Scams in India Prominant Scams Before 2005 * Harshad Mehta Big Bull Scam – 4000 crore * Lalu’s Chara Ghotala – 950 crores – July 2008 IAS officer Sajjal gets four-yr RI...
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  • Research Paper
    above. The practice of fraud, money laundering, politics, bribery, dirty money is seen in abundance in other cases too. We are highlighting the scams and the money involved in the same. Year Scam Name 1992 Harshad Mehta Securities Scam 1994 Sugar Import Scam 1995...
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  • essay
    Case study on: Time to bury the ghosts of Harshad Mehta scam and revive the bond market MUMBAI: "Were you around when the Scam happened?" The question was tossed to an official of a private bank, a man in his late 30s who shook his head and smiled. He had unintentionally provoked one of the...
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  • Harshad Mehta Case
    . Harshad S. Mehta a broker of Bombay Stock Exchange was lodged in Byculla jail Bombay in August, 1992. C.B.I, at Delhi registered a case vide F.I.R. No.RC2(A)/92-ACU(V) dated 25th July, 1992, against him along with Mr. V. Krishnamurthy, M/s, KJ. Investments Private Ltd. and other unknown under...
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  • Corruption in India
    the investor community could forget the unfortunate Rs. 4000 crore Harshad Mehta scamand over Rs. 1000 crore Ketan Parekh scam which eroded the shareholders wealth in form of big market jolt. So, can we live a scam-free life in India for a while now? ...
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  • Top 10 Scams
    responded by nationalizing the insurance sector, and the LIC was founded under an special Act passed by the Parliament. This scam laid the foundation of the nationalization culture in India. Securities Scam – Harshad Mehta – This is perhaps the most well known of all financial scams – probably...
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  • Nm Prospectus
    . Doshi Sarla H. Shri Doshi Pravin H. Shri Dudeja Ved Prakash Shri Mehta Dhirajlal M. Shri Mehta Kirit P. Shri Mehta Tushar H. Shri Pandit Anand K. Shri Parikh Jagdish B. Shri Patel Bhargav N. Shri Patel Pratapchandra B. Shri Patel Ratilal A. Shri Patel Shailesh M. Shri Patel Tapan M. Shri...
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  • Case
    Bhansali, MS Shoes, Mescos, Golden Forests, and Home Trade; Harshad Mehta case in 1998, which involved promoters of several old economy companies like Apollo Tyres, BPL, Videocon, Sterlite, etc; and Ketan Parekh case in 2002 mainly involving new economy stocks and service sector companies like Aftek...
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  • The Great Indian Scams
    ” to issue fake BR’s. The game continued till the banking system had been swindled of a whopping Rs. 4000 crores. Harshad Mehta had only one case filed against him in his lifetime and the Vijaya Bank Chairman , who used to issue him fake checks committed suicide. Bofors scam:- Bofors scam, one of...
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  • Harshad Mehta Scam India Compilation
    completed against Harshad Mehta and BPL, Videocon and Sterlite by October 1999. It then issued show cause notices to them in December 1999. Sebi was then required to hear these cases in quasi-judicial manner. After inspecting the documents and cross-examining the witnesses, Sebi passed the following...
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  • Changing Scenario of Corporate Governance
    corporate fraud to have hit India. One of the earliest cases of serious corporate fraud where the promoter was convicted was that of Ramakrishna Dalmia in 1956. After that an important convictions made was on Harshad Mehta in 1992 and Ketan Parikh in 2001. Yet another conviction on Dinesh Dalmia in 2004...
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