Ashwin Mehta (Hindi: “अश्विन मेहता”, born b/w 1960-1965) is an Indian lawyer, businessman, investor, and entrepreneur from Paneli Moti, Gujarat, India. He is famously known in the country as the younger brother of “Harshad Mehta”.
Let me tell you that, Harshad was a well-known stockbroker in the Indian stock market. As per the media reports, there were lots of financial crimes that were charged against him. He was the only person who scammed in lots of banks and shares market.
Harshad’s scams are also known as “1992 securities scam”. His brother Ashwin Mehta is a professional lawyer and practices in Supreme Court and Mumbai High Court. The Black Corba “Manu Manek” also involved in this stockbroker 1992 scam.
As per the media reports, Ashwin Mehta’s net worth is around INR 25-30 Crore (approx.). In the year 2020, Sony Liv showed the full story of Harshad Mehta’s 1992 scam through a web series named “Scam 1992”.
Harshad Mehta’s biopic Scam 1992 by Sony Liv
According to the sources, Ashwin also fought many cases for clearing the hall of shame of his brother. Read the article, to know more about Ashwin Mehta’s life story.
Wiki/Bio | |
|---|---|
| Real Full Birth Name | Ashwin Mehta (अश्विन मेहता). |
| Stage Name | Ashwin. |
| Occupation | Lawyer, Businessman, Investor, and Entrepreneur. |
| Famous for | As the brother of Harshad Mehta. |
| Age (How old, as of 2020) | 62-64 years old. |
| Year of Birth | 1956-1958. |
| Sun Sign (Zodiac Sign) | Aries. |
| Birthplace | Paneli Moti, Gujarat, India. |
| Sexuality (Gay or Lesbian) | Straight. |
| Gender | Male. |
| Caste | Gujrati (Jain). |
| Nationality | Indian.  |
| Religion | Hinduism. |
Career & Wealth | |
| Income Source | Business and Profession. |
| Net worth (as of 2020) | INR 25-30 Crore (approx.). |
Personal Information | |
| Marital Status | Married. |
| Wife/Spouse Name | Name Not Available. |
| Children | Will Update Soon. |
| Dating History? | N/A. |
| Eating Habits | Non-Vegetarian. |
| Smoke or Drink? | Yes (Occasionally). |
Family | |
| Parents | Father: Shantilal Mehta. Mother: Rasilaben Mehta. |
| Siblings | Brother: Sudhir Mehta, Harshad Mehta, and Hitesh Mehta. Sister: Not Known. |
| Social Media Accounts | N/A. |
Education | |
| Highest Qualification | Graduate. |
| School | Holy Cross Byron Bazar. |
| Alma Mater. | Will Update. |
Physical Statistics | |
| Height | Feet & Inches: 5' 8". Centimeters: 172 cm. Meters: 1.72 m. |
| Weight | Kilograms: 75 Kg. Pounds: 165.43 lbs. |
| Shoe Size (UK) | 9. |
| Eye Color | Black. |
| Hair Color | Black. |
Early Life, Parents & Siblings
Ashwin Mehta is two or three years younger than his brother Harshad Mehta. He was born between the years 1956-1958 in Paneli Moti, Gujarat, India. Ashwin Mehta’s age is around 62-64 years old (as of 2020).
Talking about his family then, his father “Shantilal Mehta” ran a small business of textiles and his mother’s name is “Rasilaben Mehta”. There are 4 siblings in his family including him.
Ashwin Mehta’s mother Rasilaben Mehta
The names of his three brothers are “Sudhir Mehta”, “Harshad Mehta”, and “Hitesh Mehta”. Ashwin has interested in law studies since childhood. Ashwin and Harshad together completed their schooling at Holy Cross Byron Bazar School.
After that, he moved to Mumbai for higher studies. According to the sources, his brother Harshad started working as a stockbroker and he became a lawyer. At present, he is a professional lawyer at Mumbai High Court.
The name of his sister-in-law is Jyoti Mehta (Harshad Mehta’s Wife). In addition, he also has a nephew named Atur Mehta.
Interview
Some Lesser Known Facts About Ashwin Mehta
- Ashwin’s brother Harshad committed many economic crimes only for the greed for money.
- As per the sources, famous journalist Sucheta Dalal exposed all the crime and scam of Harshad in the media on 23 April 1992.
Journalist Sucheta Dalal
- After this, Harshad was arrested by CBI along with his brother for misappropriating more than 90 companies and fraud of 2.8 million shares.
Ashwin Mehta’s brother Harshad Mehta arrested by police
- It was affirmed that Harshad Mehta occupied with an enormous stock control conspire financed by useless bank receipts, which his firm handled in “prepared forward” exchanges between banks.
- Harshad was indicted by the Bombay High Court and Supreme Court of India as far as concerns him in a budgetary outrage esteemed at ₹ 500 Crores which occurred on the Bombay Stock Exchange (BSE).
- The embarrassment uncovered the escape clauses in the Indian financial framework, Bombay Stock Exchange (BSE) exchange framework and SEBI further acquainted new principles with spread those provisos.
- He was being investigated for a very long time, until his death in the year 2001.
- As per the media sources, Harshad died at the age of 47 on December 31, 2001, at Thane Civil Hospital due to a heart ailment.
Harshad Mehta’s death
- After his death, his family members including his wife Jyoti Mehta and brothers Ashwin Mehta were acquitted by Mumbai court for the investigation of Harshad’s 1992 securities scam.
- Ashwin Mehta battled a few legal disputes without any assistance and paid almost Rs 1,700 crore to banks to free his sibling’s name from the corridor from disgrace.
- According to the media reports, Ashwin would not remark, saying the family never needed to get into the spotlight.
Ashwin Mehta’s brother Sudhir Mehta
- In February 2019, the pay charge council (Income Tax) has likewise rejected nearly the whole duty request on Harshad, his better half Jyoti, and sibling Ashwin.
- The I-T Appellate Tribunal (ITAT) erased more than Rs 2,000 crore of increases made by the expense division on them for the evaluation year 1992-93[1]Times of India.
- According to the media reports, Ashwin is married and lives in Madhulika Apartment in Worli along with his family.
- He does not share his personal details with the media.
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