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Latest News on Ofcd
Showing of 0 - 10 from 9 results
Ofcd - Total results - 9
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.
Jul 08, 2015
Can't pay? SC can call Subrata Roy's bluff by appointing a liquidatorThe 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.
Mar 25, 2015
Sahara says submissions to SC can't be subject of media trialIn 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".
Sep 05, 2014
Check out: The 3 properties Sahara's Subrata Roy is hoping will bail him out of jailSubrata 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.
Jul 22, 2014
SC rejects Subrata Roy's bail plea: Here's what the court saidThe 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.
Jun 04, 2014
SC lifts freeze on assets, but Subrata Roy to remain in jailSahara 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.
Jan 15, 2014
Sebi may ask cos to make greater disclosures in IPOs to protect investorsFor the benefit of investors, Sebi may seek enhanced disclosures about key issues, while the IPO price discovery mechanism may be made more investor friendly.
Feb 18, 2013
Why Sahara thinks it is due for a 'refund' from SebiSince 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.
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.