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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
Sebi and real estate investors trapped in Sahara mess

Feb 15, 2013

Sebi and real estate investors trapped in Sahara mess

Many of the properties attached by Sebi have already been pledged as securities with banks and financial institutions, to raise more funds. Sebi cannot just sell the group's real estate assets to recover the money since several third party interests are involved. #HowThisWorks #SEBI #Subrata Roy #Sahara #Real estate #Aambey Valley
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