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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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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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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 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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Supreme Court rejects Sahara's refund proposal as 'dishonest'
The Supreme Court today rejected Sahara's proposal of refunding crores of rupees to small investors in instalments as "a big insult." The court also rejected the group's plea to release its chief Subrata Roy, who has been in Tihar jail since Tuesday.
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What may have led to Sahara chief Subrata Roy's arrest
A controversy over land assets may have been the final trigger that led to the arrest of Subrata Roy, the head of the embattled Sahara Group, who will be produced before the Supreme Court today.
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Subrata Roy wilfully surrendered; cooperating with police, says son Seemanto
As Sahara group Chief Subrata Roy was arrested on Friday morning amid high drama, son Seemanto said his father "wilfully submitted" before the Lucknow police and was cooperating with the authorities.
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Hearing on Sahara plea adjourned to April 20
The Securities Appellate Tribunal today adjourned to April 20 its hearing on Subrata Roy's plea against market regulator Sebi's attachment order of his bank accounts and other assets, along with those of two group firms and their top executives.
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Sahara victimised for years, but won't give up: Subrata Roy
Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest corporate groups, has said he feels victimised by a chain-reaction of events that began with a political vendetta, followed by regulatory clampdowns by the Reserve Bank of India (RBI) and market regulator Securities and Exchange Board of India (SEBI).
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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.
-
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.
-
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 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.
-
Supreme Court rejects Sahara's refund proposal as 'dishonest'
The Supreme Court today rejected Sahara's proposal of refunding crores of rupees to small investors in instalments as "a big insult." The court also rejected the group's plea to release its chief Subrata Roy, who has been in Tihar jail since Tuesday.
-
What may have led to Sahara chief Subrata Roy's arrest
A controversy over land assets may have been the final trigger that led to the arrest of Subrata Roy, the head of the embattled Sahara Group, who will be produced before the Supreme Court today.
-
Subrata Roy wilfully surrendered; cooperating with police, says son Seemanto
As Sahara group Chief Subrata Roy was arrested on Friday morning amid high drama, son Seemanto said his father "wilfully submitted" before the Lucknow police and was cooperating with the authorities.
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Hearing on Sahara plea adjourned to April 20
The Securities Appellate Tribunal today adjourned to April 20 its hearing on Subrata Roy's plea against market regulator Sebi's attachment order of his bank accounts and other assets, along with those of two group firms and their top executives.
-
Sahara victimised for years, but won't give up: Subrata Roy
Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest corporate groups, has said he feels victimised by a chain-reaction of events that began with a political vendetta, followed by regulatory clampdowns by the Reserve Bank of India (RBI) and market regulator Securities and Exchange Board of India (SEBI).
