More trouble brewing is for the Sahara group as Supreme Court has directed the business group to reveal the source of Rs 22,000 crore which the company returned to its investors. The apex court rapped the Subrata-Roy led Sahara group for its ‘obnoxious behaviour’ and asked it to provide the details of all the funds it claims to paid to its investors. The details have to be provided to the court as well as Securities and Exchange Board of India (SEBI). STORY CONTINUES BELOW THIS AD In September 2012, the Supreme Court ordered Sahara to refund Rs. 24,000 crore to millions of small investors. The court had ruled that the finance schemes run by two Sahara companies were illegal - confirming an earlier order by Sebi. More from Business Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors How Indian fintech startups are driving Malaysia’s UPI-like digital payments revolution [caption id=“attachment_1046725” align=“alignleft” width=“380”] Reuters[/caption] The court today warned Sahara to comply with its orders and also said that the court has showed maximum indulgence to the business group but it has not received any co-operation in return. If Sahara ignores the orders this time around, then the court will order the Registrar of Companies to find the source of funds and direct CBI to investigate where the money came from and where it went. “…if you are not willing to inform the source we will order investigation. We will summon CBI and Registrar of Companies. Don’t think we are helpless. We have given you a long rope,” the Supreme Court said. Impact Shorts More Shorts CNN-News18 Indian of the Year is back to recognise India’s Invincible Icons India’s loving silver and it’s caused a shortage this Diwali season. Here’s how Sebi’s conselArvind Datar also pointed out that all the property titles are shaky. Aamby Valley project in Maharashtra is riddled with litigation and the deeds are not only bogus but also overvalued, Datar pointed out. In a huge blow to Sahara, Supreme Court has also asked it to publish apologies in leading newspapers as the company had earlier put out long articles suggesting injustice was being done to it in the court. STORY CONTINUES BELOW THIS AD Meanwhile, the Supreme Court order barring Sahara chief Subrata Roy from leaving the country would continue. The top court will take up the case on January 28.