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The Subrata Roy case: What's happening to the billionaire who couldn't get away?

Mar 10, 2016

The Subrata Roy case: What's happening to the billionaire who couldn't get away?

Questions need to be raised about the curious case of billionaire Subrata Roy who paid loads of cash to the market regulator and last week completed two years behind bars in Delhi's maximum security prison. #HowThisWorks #Supreme Court #SEBI #Vijay Mallya #Subrata Roy #Sahara #SC #billionaires #OFCD
Can't pay? SC can call Subrata Roy's bluff by appointing a liquidator

Jul 08, 2015

Can't pay? SC can call Subrata Roy's bluff by appointing a liquidator

The way to call the bluff is simple: once Rs 10,000 crore is arranged, the Supreme Court should put the rest of Sahara's assets under a court-appointed liquidator, whose nod would be required for actually selling any property. Once the dues are recovered, the remaining property can be released to Roy. #Sahara Group #Subrata Roy #OFCD #TS Thakur
Sahara says submissions to SC can't be subject of media trial

Mar 25, 2015

Sahara says submissions to SC can't be subject of media trial

In a statement, Sahara said "submissions made before the court for adjudication in a sub-judice matter cannot be subjected to public debates and speculative media trials, as the same can attract contemptuous liability". #Supreme Court #SEBI #CompanyWatch #Subrata Roy #Sahara #Bank of China #OFCD #BBVA Bank #Nouam Ltd
Check out: The 3 properties Sahara's Subrata Roy is hoping will bail him out of jail

Sep 05, 2014

Check out: The 3 properties Sahara's Subrata Roy is hoping will bail him out of jail

Subrata Roy has sought an extension of ten days from the Supreme Court to seal the deals for his hotels abroad. Here's a look at the properties. #Supreme Court #Subrata Roy #Sahara #OFCD #Grosvenor House #plaza #Optionally Fully Convertible Debenture #Radhakrishna #NBW #dream downtown
SC rejects Subrata Roy's bail plea: Here's what the court said

Jul 22, 2014

SC rejects Subrata Roy's bail plea: Here's what the court said

The Supreme Court today rejected the bail and parole plea of Sahara chief Subrata Roy, but allowed him to leave jail premises in order to participate in negotiations for asset sales in order to raise funds for his bail.
#Supreme Court #Subrata Roy #Sahara #OFCD #Optionally Fully Convertible Debenture #Radhakrishna #NBW
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 may ask cos to make greater disclosures in IPOs to protect investors

Jan 15, 2014

Sebi may ask cos to make greater disclosures in IPOs to protect investors

For the benefit of investors, Sebi may seek enhanced disclosures about key issues, while the IPO price discovery mechanism may be made more investor friendly.

#Initial public offering #NewsTracker #SEBI #IPO #OFCD #optionally fully convertible bonds
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
Has Sahara started repaying its OFCDs directly?

Oct 26, 2012

Has Sahara started repaying its OFCDs directly?

Several Sahara investors are complaining that they are getting only a part of their dues back, and they are also being asked to park some of the proceeds in the group's new retail venture, Q Shop. #ConnectTheDots #Subrata Roy #Sahara #OFCD