It has been more than two decades since Harshad Mehta’s tragic and controversial demise, but critical questions remain questions that demand answers from the system that punished not just a man but an entire family.

Through harshadmehta.in, Jyoti Mehta, has meticulously chronicled facts backed by official documents and court orders. Yet, the following questions continue to echo unanswered:

1. Why Was Emergency Medical Help Denied to Harshad Mehta in Custody?

• Harshad Mehta reportedly suffered his first heart attack at around 7 PM inside jail.
• Despite repeated requests, including asking for a Sorbitrate tablet (which he had deposited with jail authorities), help was not provided for four long hours.
• Why did the jail doctors admit they had no emergency medicine for heart attacks?
• Why was he forced to walk a long distance to the hospital at 11 PM, just moments before his death?
• Why has the inquiry report and postmortem report never been shared with the family despite repeated demands?

2. Why Was There Systematic Group Punishment Against the Mehta Family?

• Why were all family members’ assets attached indiscriminately under the draconian Special Court Act, even those who had no direct transactions in securities?
• How can it be justified that even the bank accounts of unrelated family members have been frozen for over three decades?
• On what legal basis was the “Harshad Mehta Group” theory floated to collectively punish multiple individuals without establishing individual culpability?

3. Why Was Harshad’s 1991 Meeting With Prime Minister Narasimha Rao Buried?

• Harshad reportedly revealed only in 1993, after extreme pressure, that he had met the then Hon’ble Prime Minister on November 4, 1991.
• Was this critical fact hidden because it would have dismantled the narrative of Harshad as a lone “scamster” acting without systemic support?

4. Why Were Illegal and Exorbitant Income Tax Demands Raised?

• Against an income declaration of ₹100 Crores (one of India’s highest at that time), tax demands ballooned to ₹30,000 Crores — often assessing turnover as income without legal basis.
• Why were Mehtas made to suffer high-pitched assessments 100 to 300 times their actual income?
• Why, even after securing relief in over 1200 cases, is the government yet to refund thousands of crores lawfully due to the Mehta family?

5. Who Benefited From The Premature Sale of Blue-Chip Shares?

• Shares in companies like ACC and Apollo Tyres, where Mehtas had controlling stakes, were sold at deep discounts.
• Why were shares worth over ₹20,677 Crores sold at throwaway prices, when courts later noted that proper procedures were not followed?
• Was there an orchestrated effort to cripple the financial base of the Mehtas permanently?

6. Why Did the Custodian Fail to Recover Assets Worth Thousands of Crores?

• Despite court orders since 1992, why has the Custodian failed to recover assets that originally belonged to Harshad Mehta from banks and third parties?
• Why were Custodian’s failures hidden through false affidavits, as repeatedly exposed under RTI applications?

7. Why Were Constitutional Rights Ignored for Decades?

• Why was group punishment inflicted without due process, violating Articles 14, 19, and 21 of the Indian Constitution?
• Why did the Income Tax Department retain ₹3285.46 Crores illegally despite clear Supreme Court rulings favoring the Mehtas?

The Larger Question: Was Harshad Mehta a Victim of Systemic Issues?

The information presented on harshadmehta.in offers an alternative perspective to the widely accepted narrative of Harshad Mehta solely as a “scamster.”

It portrays a man who, despite facing extensive public scrutiny and legal challenges, maintained his faith in the Indian judiciary until his final days, yet reportedly struggled to receive timely medical attention.

This raises broader questions: Was Harshad Mehta held solely responsible for wider systemic failures? Did his rapid rise in the financial world come into conflict with established interests, leading to his downfall?

These considerations extend beyond the Mehta family. They invite reflection from all who value fairness, due process, and the consistent application of the rule of law.

This article is based on the detailed information, evidence, and personal accounts shared by Jyoti Mehta, wife of late Harshad Mehta, on the official website harshadmehta.in.

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