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SC delays decision on jailed Sahara chief Subrata Roy

May 14, 2015

SC delays decision on jailed Sahara chief Subrata Roy

Subrata Roy has been held in jail for more than a year, after Sahara failed to comply with a court order to refund money it had raised from millions of small investors by selling bonds that were later ruled to be illegal. #Subrata Roy #Sahara #lawyer
Sahara agrees to pay entire bail amount to release jailed chief Subrata Roy

May 08, 2015

Sahara agrees to pay entire bail amount to release jailed chief Subrata Roy

Sahara, a sprawling conglomerate that ranges from media to property and Formula One racing, has agreed to pay the full $1.6 billion in bail to release its jailed boss, Indian television channels reported on Friday. #Formula One #Sahara
Sahara hide and seek: Fit case for the income tax dept to step in

May 04, 2015

Sahara hide and seek: Fit case for the income tax dept to step in

The matter comes within the remit of the income tax sleuths in the absence of any law on benami in the country #Supreme Court #SEBI #Subrata Roy #Sahara #OFCCD
Sebi makes another attempt to locate Sahara investors eligible for refunds

May 04, 2015

Sebi makes another attempt to locate Sahara investors eligible for refunds

There is no specific deadline as yet in the latest attempt by Sebi, which has been asked by the Supreme Court to refund money collected from the bondholders of Sahara India Real Estate Corp (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL), after verifying the credentials of the investors. #SEBI #Sahara #investors #PAN

BLOG POSTS

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Why the judicial system's fear of mobs is frightening

Mar 16, 2014

Why the judicial system's fear of mobs is frightening

I do not understand what collective conscience is and how it is to be measured for extreme or moderate revulsion. #Supreme Court #Afzal Guru #Sahara India #InMyOpininon #High Courts
Moral of Subrata Roy's story don't mess with SC, public sentiment

Mar 06, 2014

Moral of Subrata Roy's story don't mess with SC, public sentiment

The judiciary is not something to be scoffed at and neither is public sentiment. #Business #HowThisWorks #India #Delhi #Supreme Court #protest #Subrata Roy #Sahara #lUCKNOW #Ink