Investments Abroad

SC allows Sahara to sell properties to help Subrata get bail

The court, however, reserved its order on a fresh plea of Roy seeking modification of an earlier order by which he was asked to pay Rs.5,000 crore in cash besides a bank guarantee of an equivalent amount.

SC tells Sahara to come up with logical proposal to repay investors

Observing that the preliminary hearing has been "very productive", the bench said the matter would be taken up next week and asked the group to prepare its proposal by then.

Subrata Roy's plea for house arrest turned down by SC

Senior counsel Ram Jethamalani urged the court that Sahara chief be placed under house arrest at least for a week so that he could meet the international parties who are willing to take Sahara assets.

Sebi's coffers depleting in the chase for genuine Sahara investors

The Supreme Court had ordered that all expenses incurred by Sebi in the refund process would be incurred by Saharas.

Sahara gets unsolicited offers for properties abroad

The group is open to sale of these properties if good offers come its way, however the existing offers have been dismissed as they appear to be cashing in on the group's current crisis