Bombay HC Holds Pallav Sheth Guilty Of Contempt For Concealing Bank Accounts And Financial Transactions
Mumbai, August 10, 2026: Stockbroker Pallav Sheth, 70, whose name figured prominently in the 1992 securities scam, has been held guilty of contempt of court by the Bombay High Court for concealing bank accounts and financial transactions despite being directed to fully disclose his assets. Justice NJ Jamadar, on August 7, sentenced Sheth to one month’s simple imprisonment and imposed a fine of Rs…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.