Premium
This is an archive article published on February 5, 1999

Securities scam accused dead

MUMBAI, Feb 4: Former managing director of Fairgrowth Financial Services Limited and an accused in the multi-crore securities scam, K Dha...

google-preferred-btn
.

MUMBAI, Feb 4: Former managing director of Fairgrowth Financial Services Limited and an accused in the multi-crore securities scam, K Dharampal died on Thursday morning following a heart attack.

Dharampal was on his way to the Bombay High Court at about 10 am when he experienced pain in his chest. He managed to reach a friend’s house and was then rushed to a clinic near by. But he dead before he could get medical aid.

Ironically, the special court of Justice S N Variava was to frame charges today against Dharampal and others in a CBI case against Fairgrowth.

Story continues below this ad

Stock broker Pallav Seth who was present in the court for another case, was the first to hear of Dharampal’s death. As soon as the court assembled Seth informed the court, and Justice Variava adjourned the case.

Dharampal had joined FFSL in the heyday of B Ratnakar, former chairman of Canara Bank. FFSL ran into trouble even before the scam broke. Subsequent investigations revealed serious malpractices which were fuelled by Ratnakar’s recklessstyle of functioning.

Latest Comment
Post Comment
Read Comments
Advertisement
Express shorts
Kurnool bus fire
Bengaluru family feared dead in Kurnool bus fire
Cities3 hr ago

A family of four from Andhra Pradesh, residing in Bengaluru, are suspected to be among the 20 people reported dead in a fire that gutted a Hyderabad-Bengaluru bus near Kurnool in the early hours of Friday.

View all shorts
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
kurnool bus fire
Cities‘Smoke, panic, broken glass everywhere’: Survivors recount Kurnool bus fire tragedy that killed 20
Piyush Pandey joined Ogilvy in 1982 after trying his hand as a cricketer, tea taster, and construction worker.
Advertising legend Piyush Pandey passes away at 70
amitabh bachchan and piyush pandey
Entertainment'Amitabh Bachchan will shout at people?': Piyush Pandey created Big B's 'angry old man' image for India's most effective ad campaign, actor did it for free 
farah khan house
EntertainmentFarah Khan lives in a 7-bedroom house spread across 3 floors with a pool and 'James Bond' private lift
Kerala digital marriage Video KYC
TrendingKerala couple registers marriage instantly via Video KYC, goes viral as state embraces digital governance: ‘100% literacy for a reason’
Diwali fireworks London street
TrendingViral video shows people setting off fireworks from moving cars on London streets during Diwali: ‘Import third world people, become third world country’
Pratika Rawal India World Cup
SportsPratika Rawal: DU Psychology graduate who went from nets on terrace to new heights at World Cup, inspired by father’s dream
Meena Sharma (left), a physical education teacher, took it upon herself to turn badminton coach for her children, ensuring 16-year-old Tanvi ended up with a podium finish at the World Junior Championships in Guwahati. (Express Photo by Kamleshwar Singh)
SportsHow Hoshiarpur's Meena Sharma raised a World Junior finalist shuttler Tanvi
Derek O'Brien writes: Number of public-sector vacancies is alarming. Can the government do something about them?
OpinionNumber of public-sector vacancies is alarming. Can the government do something about them?
Prime Minister Narendra Modi pays tribute to former Bihar chief minister and Bharat Ratna awardee Karpoori Thakur in Samastipur district.
ExplainedPM Modi invokes Karpoori Thakur in Bihar: Why the former CM matters today, explained
Soha Ali Khan Sharmila Tagore
Soha Ali Khan recalls mother Sharmila Tagore being particular about removing makeup in her prime: 'That's all that she would do'
Sky, a Mac-based AI assistant developed by ex-Apple engineers, is now part of OpenAI’s growing push to bring ChatGPT into desktop computing. (Expresss Image)
TechnologyWhat OpenAI’s acquisition of Sky, an AI Interface for Mac, tells us about the future of ChatGPT and potential hardware devices
Advertisement
Must Read
SportsPratika Rawal: DU Psychology graduate who went from nets on terrace to new heights at World Cup, inspired by father’s dream
Pratika Rawal India World Cup
SportsHow Hoshiarpur's Meena Sharma raised a World Junior finalist shuttler Tanvi
Meena Sharma (left), a physical education teacher, took it upon herself to turn badminton coach for her children, ensuring 16-year-old Tanvi ended up with a podium finish at the World Junior Championships in Guwahati. (Express Photo by Kamleshwar Singh)
SportsIndia reach 2025 Women's World Cup semifinals: Smriti Mandhana, Pratika Rawal's tons power hosts to 53-run win over New Zealand
Pratika Rawal punished the full and the short balls towards mid-wicket (Express photo by Narendra Vaskar)
TechnologyWhat OpenAI’s acquisition of Sky, an AI Interface for Mac, tells us about the future of ChatGPT and potential hardware devices
Sky, a Mac-based AI assistant developed by ex-Apple engineers, is now part of OpenAI’s growing push to bring ChatGPT into desktop computing. (Expresss Image)
JBL Tour One M3 review: A headphone can’t offer more features
The JBL Tour One M3 offers a plush, premium build with smart customisation features. (Image: Nandagopal Rajan/ The Indian Express)
TechnologyMeta layoffs included employees who monitored risks to user privacy
FILE — Meta Lab in Menlo Park, Calif., on Sept. 18, 2025. While the company announced job cuts in artificial intelligence, it also expanded plans to replace privacy and risk auditors with more automated systems.. (Jason Henry/The New York Times)
Soha Ali Khan recalls mother Sharmila Tagore being particular about removing makeup in her prime: 'That's all that she would do'
Soha Ali Khan Sharmila Tagore
Advertisement
Buzzing Now
TrendingKerala couple registers marriage instantly via Video KYC, goes viral as state embraces digital governance: ‘100% literacy for a reason’
Kerala digital marriage Video KYC
TrendingViral video shows people setting off fireworks from moving cars on London streets during Diwali: ‘Import third world people, become third world country’
Diwali fireworks London street
TrendingAditi Mittal recalls how an Air India flight attendant helped her cope with her father’s death: ‘Preeti was a better therapist than most ones I’ve come across’
Aditi Mittal Air India flight attendant
TrendingAir India passenger allegedly threatened mid-air for not speaking Marathi: ‘Mumbai utariye aapko badtameezi dikhate hain’
Air India passenger threatened for not speaking Marathi
TrendingStar chef Ranveer Brar was thrown out of his Boston restaurant, lost everything overnight; reveals grandfather's advice that keeps him grounded: 'Ek baar zameen dekh le...'
Ranveer Brar struggle story
Oct 24: Latest News
Advertisement