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Sahara India Real Estate Corporation

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SC lifts freeze on assets, but Subrata Roy to remain in jail

Jun 04, 2014

SC lifts freeze on assets, but Subrata Roy to remain in jail

Sahara group chief Subrata Roy will remain in jail even as the Supreme Court on Wednesday lifted the freeze on the group's moveable and immovable assets so it could raise Rs.10,000 crore for part repayment to investors. #NewsTracker #Securities and Exchange Board of India #Supreme Court #SEBI #Subrata Roy #Sahara #OFCD #Aambey Valley #SIRECL #Optionally Fully Convertible Debentures #Sahara India Real Estate Corporation Limited #SHICL #Sahara Housing Investment Corporation Limited #Sahar chief Subrata Roy #assets frozen
Subrata Roy not liable for Rs 24,000 crore refund: Sahara to SC

Aug 06, 2013

Subrata Roy not liable for Rs 24,000 crore refund: Sahara to SC

Sahara group today told the Supreme Court that its chief Subrata Roy is not liable for refunding Rs 24,000 crore collected by its two firms from investors, countering the arguments of SEBI #Sahara Group #Supreme Court #SEBI #Subrata Roy #Sahara #Sahara India Real Estate Corporation
Supreme Court slaps contempt notices on two Sahara firms

Jul 24, 2013

Supreme Court slaps contempt notices on two Sahara firms

"You must give a definite answer by Tuesday," a bench of justices K S Radhakrishnan and J S Khehar said while adjourning the case for 30 July on plea of the companies. #NewsTracker #Supreme Court #SEBI #Sahara Housing Investment Corporation #Sahara India Real Estate Corporation
Why Sahara thinks it is due for a 'refund' from Sebi

Feb 18, 2013

Why Sahara thinks it is due for a 'refund' from Sebi

Since Sahara claims it has already paid Rs 5,120 crore to Sebi as part of the Supreme Court's order to repay its investors, Sahara is actually eligible for a refund from the regulator. In other words, it has deposited with Sebi more than it should have. #Subrata Roy #Sahara #Sahara Housing Investment Corporation #Sahara India Real Estate Corporation #SaharaCapers #OFCD
As Rs 24,000 cr refund nears, Sahara Group gets more brazen

Nov 29, 2012

As Rs 24,000 cr refund nears, Sahara Group gets more brazen

More reports are coming in that the Sahara Group is pressuring investors to roll the money in OFCDs to other schemes - in contravention of Sebi/SC orders #SEBI #Subrata Roy #Sahara Capers #Sahara Housing Investment Corporation #OFCDs #Sahara India Real Estate Corporation
Will refund Rs 24,000 cr to investors in 3 months, Sahara tells SC

Sep 28, 2012

Will refund Rs 24,000 cr to investors in 3 months, Sahara tells SC

Sahara Group today assured the Supreme Court that its two companies which had raised Rs 24,000 crore through Optionally Fully Convertible Debentures (OFCDs) from their investors will refund the amount within three months. #ToWhatEffect #SEBI #Sahara #investors #Sahara India Real Estate Corporation
Sahara: SC shifts focus, asks Sebi 'what about other cases?'

Jun 06, 2012

Sahara: SC shifts focus, asks Sebi 'what about other cases?'

One year after Sebi's landmark order against two Sahara companies, the SC seems to be shifting the focus of scrutiny to Sebi's other cases #Sahara Group #SEBI #Qualified Institutional Placement #Sahara Capers #Sahara India Real Estate Corporation
A breather to Sahara, SC stays order to refund investor money

Nov 28, 2011

A breather to Sahara, SC stays order to refund investor money

SC has asked the two cos to file a detailed affidavit explaining as to how it will protect the interests of their 2.3 crore investors who have put in money in Sahara India Real Estate Corporation and Sahara Housing Investment Corporation. #Finance #NewsTracker #Supreme Court #Sahara #Sahara Housing Investment Corporation #Sahara India Real Estate Corporation