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Who Will Get Sahara's Rs 25,000 Crore Funds Lying In SEBI Account?
Sahara Group founder Subrata Roy's death last week brought to focus the undistributed funds of over Rs 25,000 crore lying with the share market regulator for more than a decade.
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Subrata Roy's Death Spotlights Rs 25,000 Crore Lying In SEBI Account
The undistributed funds totalling over Rs 25,000 crore lying with the capital markets regulator Sebi's account have come back into focus after the death of Sahara Group's chief Subrata Roy.
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Supreme Court Clears 5,000 Crores From SEBI-Sahara Fund To Repay Depositors
The Supreme Court on Wednesday allowed a plea by the Centre seeking allocation of Rs 5,000 crore out of Rs 24,000 crore deposited by the Sahara group with market regulator Sebi to repay dues of the depositors.
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SEBI Orders Attachment Of Bank, Demat Accounts Of Sahara Group Firm
Sebi on Monday ordered the attachment of bank and demat accounts of Sahara Group firm, its chief Subrata Roy and others to recover Rs 6.42 crore for violating regulatory norms in the issuance of optionally fully convertible debentures (OFCDs).
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Anybody Obstructing Aamby Valley Auction Would Be Jailed: Supreme Court
The top court was irked when SEBI claimed that the group had allegedly obstructed the process by writing a letter to the Pune police raising the issue of law and order at the prime property.
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Initiate Sale Of Sahara's Aamby Valley, Supreme Court Says
The Supreme Court directed the Bombay High Court liquidator to start the process of selling Sahara's Aamby Valley property.
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If Rs 552 Crore Cheque Is Dishonoured, Face Action, Sahara Chief Warned
The Supreme Court had in May 2016 granted Subrata Roy four-week parole to attend his mother's funeral. His parole has been extended by the court ever since.
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2,000 Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy
Subrata Roy, the 68-year-old chief of the Sahara conglomerate will have to return to jail if he does not deposit 1,500 crores with the Supreme Court by June 15. The Sahara chief, who was arrested in 2014 and given bail last year, was present in court and told judges that he would furnish two cheques -one in June and the other in July- totaling abou...
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SEBI vs Sahara India Case: Auction Aamby Valley, Says Supreme Court As Subrata Roy Fails To Pay Up
The Supreme Court has ordered that the Sahara's luxurious 8,900-acre Aamby Valley City near Pune be auctioned as the group's chief Subrata Roy has failed to deposit Rs 5092.6 crore with markets regulator SEBI to refund investors. The property in Lonavla is valued at Rs 39,000 crore.
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Pay Rs 600 Crore To Stay Out of Jail, Sahara's Subrata Roy Told By Supreme Court
Sahara Chief Subrata Roy was asked by the Supreme Court to pay Rs 600 crore by February if he wants to stay out of jail.
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Supreme Court Extends Sahara Chief Subrata Roy's Parole
The Supreme Court today extended till August 3 the parole granted to Sahara chief Subrata Roy on humantarian grounds following the death of his mother, with a strict condition that he will have to deposit the balance of Rs 300 crore, out of the Rs 500 crore promised by him.
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Sahara Properties To Be Auctioned At Rs 722 Crore Reserve Price
Tasked by markets regulator Securities and Exchange Board of India (Sebi) to sell land parcels of Sahara, HDFC Realty will e-auction on July 4 five properties owned by the beleaguered group at a reserve price of Rs 722 crore.
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Sahara Chief Subrata Roy's Parole Extended Till July 11: Supreme Court
In a breather to Sahara chief Subrata Roy, the Supreme Court today extended his parole till July 11 to enable him to deposit Rs. 200 crore with market regulator Securities and Exchange Board of India (SEBI).
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Sahara Wants US Court to Reject Attachment Plea for Plaza and Dream Downtown Hotels
Slapped with a $350 million lawsuit seeking attachment of its two prized hotels here, crisis-ridden Sahara has told a US court in New York that it has been wrongly dragged into a dispute between two entities over "a potential business relationship gone sour".
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Supreme Court Verdict on Sahara Chief Subrata Roy Likely on Friday
The Supreme Court is likely to pronounce, on Friday, the verdict that will decide the fate of Sahara chief Subrata Roy and two group directors who are in jail since March 4 last year for not complying with the court's order to return investors' Rs.24,000 crores that two group companies SIRECL and SHFCL had collected in 2007-08.
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Who Will Get Sahara's Rs 25,000 Crore Funds Lying In SEBI Account?
Sahara Group founder Subrata Roy's death last week brought to focus the undistributed funds of over Rs 25,000 crore lying with the share market regulator for more than a decade.
-
Subrata Roy's Death Spotlights Rs 25,000 Crore Lying In SEBI Account
The undistributed funds totalling over Rs 25,000 crore lying with the capital markets regulator Sebi's account have come back into focus after the death of Sahara Group's chief Subrata Roy.
-
Supreme Court Clears 5,000 Crores From SEBI-Sahara Fund To Repay Depositors
The Supreme Court on Wednesday allowed a plea by the Centre seeking allocation of Rs 5,000 crore out of Rs 24,000 crore deposited by the Sahara group with market regulator Sebi to repay dues of the depositors.
-
SEBI Orders Attachment Of Bank, Demat Accounts Of Sahara Group Firm
Sebi on Monday ordered the attachment of bank and demat accounts of Sahara Group firm, its chief Subrata Roy and others to recover Rs 6.42 crore for violating regulatory norms in the issuance of optionally fully convertible debentures (OFCDs).
-
Anybody Obstructing Aamby Valley Auction Would Be Jailed: Supreme Court
The top court was irked when SEBI claimed that the group had allegedly obstructed the process by writing a letter to the Pune police raising the issue of law and order at the prime property.
-
Initiate Sale Of Sahara's Aamby Valley, Supreme Court Says
The Supreme Court directed the Bombay High Court liquidator to start the process of selling Sahara's Aamby Valley property.
-
If Rs 552 Crore Cheque Is Dishonoured, Face Action, Sahara Chief Warned
The Supreme Court had in May 2016 granted Subrata Roy four-week parole to attend his mother's funeral. His parole has been extended by the court ever since.
-
2,000 Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy
Subrata Roy, the 68-year-old chief of the Sahara conglomerate will have to return to jail if he does not deposit 1,500 crores with the Supreme Court by June 15. The Sahara chief, who was arrested in 2014 and given bail last year, was present in court and told judges that he would furnish two cheques -one in June and the other in July- totaling abou...
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SEBI vs Sahara India Case: Auction Aamby Valley, Says Supreme Court As Subrata Roy Fails To Pay Up
The Supreme Court has ordered that the Sahara's luxurious 8,900-acre Aamby Valley City near Pune be auctioned as the group's chief Subrata Roy has failed to deposit Rs 5092.6 crore with markets regulator SEBI to refund investors. The property in Lonavla is valued at Rs 39,000 crore.
-
Pay Rs 600 Crore To Stay Out of Jail, Sahara's Subrata Roy Told By Supreme Court
Sahara Chief Subrata Roy was asked by the Supreme Court to pay Rs 600 crore by February if he wants to stay out of jail.
-
Supreme Court Extends Sahara Chief Subrata Roy's Parole
The Supreme Court today extended till August 3 the parole granted to Sahara chief Subrata Roy on humantarian grounds following the death of his mother, with a strict condition that he will have to deposit the balance of Rs 300 crore, out of the Rs 500 crore promised by him.
-
Sahara Properties To Be Auctioned At Rs 722 Crore Reserve Price
Tasked by markets regulator Securities and Exchange Board of India (Sebi) to sell land parcels of Sahara, HDFC Realty will e-auction on July 4 five properties owned by the beleaguered group at a reserve price of Rs 722 crore.
-
Sahara Chief Subrata Roy's Parole Extended Till July 11: Supreme Court
In a breather to Sahara chief Subrata Roy, the Supreme Court today extended his parole till July 11 to enable him to deposit Rs. 200 crore with market regulator Securities and Exchange Board of India (SEBI).
-
Sahara Wants US Court to Reject Attachment Plea for Plaza and Dream Downtown Hotels
Slapped with a $350 million lawsuit seeking attachment of its two prized hotels here, crisis-ridden Sahara has told a US court in New York that it has been wrongly dragged into a dispute between two entities over "a potential business relationship gone sour".
-
Supreme Court Verdict on Sahara Chief Subrata Roy Likely on Friday
The Supreme Court is likely to pronounce, on Friday, the verdict that will decide the fate of Sahara chief Subrata Roy and two group directors who are in jail since March 4 last year for not complying with the court's order to return investors' Rs.24,000 crores that two group companies SIRECL and SHFCL had collected in 2007-08.
