Subrata Roy Jailed
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Sahara Hires Broker To Sell Iconic Plaza Hotel In New York
The sales process comes after Ashkenazy Acquisition Corp. acquired a stake in the hotel, giving it certain rights to buy the property, according to a person with knowledge of the situation.
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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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Subrata Roy, You Are Going Back To Jail, Supreme Court Tells Sahara Chief
The Supreme Court today ordered Sahara chief Subrata Roy to be go back to jail.
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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 Chief Subrata Roy Leaves Jail For 4 Weeks For Mother's Funeral
Sahara chief Subrata Roy, in prison in Delhi since March 2014, has been allowed to leave prison for four weeks for the funeral of his mother Chhabi Roy, who died on Friday morning.
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Subrata Roy Will Not Survive Another Summer In Jail, Says Lawyer
The Supreme Court on Wednesday directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors.
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Sahara Comes Up With Fresh Proposal To Secure Chief's Release
Embattled Sahara Group today came up with a fresh proposal before the Supreme Court for the sale of its assets to raise the amount for the release of its jailed chief Subrata Roy.
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Jail Life Painful But I Am Stress Free: Sahara's Subrata Roy
In jail for almost two years now, embattled Sahara group chief Subrata Roy says being confined to a prison cell with only basic amenities came as a "rude shock" and he has often wondered what "wrong" he has done.
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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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Let Mamata Banerjee be Replaced Till She Clears Saradha Charges, Says Trinamool Congress' Kunal Ghosh
Suspended Trinamool MP Kunal Ghosh, arrested in the Saradha scam and now in jail, on Wednesday, suggested that West Bengal's panchayat minister, Subrata Mukherjee, should replace Mamata Banerjee as chief minister till she was cleared in the chit fund case.
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Subrata Roy Moved Back to Jail, Special Facilities Withdrawn
Sahara chief Subrata Roy was today sent back to his cell in Tihar jail at the end of the period granted by the Supreme Court to stay at an air conditioned facility in the complex to negotiate sale of his overseas luxury hotels.
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Sultan of Brunei Bids for Sahara's Hotels in New York, London: Reports
The Sultan of Brunei has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel, the Wall Street Journal's website edition reported on Saturday, citing people familiar with the situation.
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For 10 Days, Jailed Sahara Chief Subrata Roy Can Stay in Conference Room
The Supreme Court has allowed Subrata Roy, the chief of the Sahara group of companies, to stay in and use the conference room at Delhi's Tihar Jail for 10 days while he negotiates the sale of his properties, including three hotels overseas.
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Sahara Hires Broker To Sell Iconic Plaza Hotel In New York
The sales process comes after Ashkenazy Acquisition Corp. acquired a stake in the hotel, giving it certain rights to buy the property, according to a person with knowledge of the situation.
-
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...
-
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.
-
Subrata Roy, You Are Going Back To Jail, Supreme Court Tells Sahara Chief
The Supreme Court today ordered Sahara chief Subrata Roy to be go back to jail.
-
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 Chief Subrata Roy Leaves Jail For 4 Weeks For Mother's Funeral
Sahara chief Subrata Roy, in prison in Delhi since March 2014, has been allowed to leave prison for four weeks for the funeral of his mother Chhabi Roy, who died on Friday morning.
-
Subrata Roy Will Not Survive Another Summer In Jail, Says Lawyer
The Supreme Court on Wednesday directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors.
-
Sahara Comes Up With Fresh Proposal To Secure Chief's Release
Embattled Sahara Group today came up with a fresh proposal before the Supreme Court for the sale of its assets to raise the amount for the release of its jailed chief Subrata Roy.
-
Jail Life Painful But I Am Stress Free: Sahara's Subrata Roy
In jail for almost two years now, embattled Sahara group chief Subrata Roy says being confined to a prison cell with only basic amenities came as a "rude shock" and he has often wondered what "wrong" he has done.
-
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.
-
Let Mamata Banerjee be Replaced Till She Clears Saradha Charges, Says Trinamool Congress' Kunal Ghosh
Suspended Trinamool MP Kunal Ghosh, arrested in the Saradha scam and now in jail, on Wednesday, suggested that West Bengal's panchayat minister, Subrata Mukherjee, should replace Mamata Banerjee as chief minister till she was cleared in the chit fund case.
-
Subrata Roy Moved Back to Jail, Special Facilities Withdrawn
Sahara chief Subrata Roy was today sent back to his cell in Tihar jail at the end of the period granted by the Supreme Court to stay at an air conditioned facility in the complex to negotiate sale of his overseas luxury hotels.
-
Sultan of Brunei Bids for Sahara's Hotels in New York, London: Reports
The Sultan of Brunei has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel, the Wall Street Journal's website edition reported on Saturday, citing people familiar with the situation.
-
For 10 Days, Jailed Sahara Chief Subrata Roy Can Stay in Conference Room
The Supreme Court has allowed Subrata Roy, the chief of the Sahara group of companies, to stay in and use the conference room at Delhi's Tihar Jail for 10 days while he negotiates the sale of his properties, including three hotels overseas.
