SC allows Sahara to sell properties to help Subrata get bail
Fp Archives • 11 years agoThe 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
Fp Archives • 11 years agoObserving 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.
SC says it's willing to defreeze Sahara bank accounts
Fp Archives • 11 years agoThe bench, which had last year frozen all bank accounts of companies and restrain them from selling any properties without its approval
Subrata Roy's plea for house arrest turned down by SC
Fp Archives • 11 years agoSenior 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.
Sahara staff offer to collect Rs 5,000 cr for Roy's release
Fp Archives • 11 years agoThe contribution 'appeal' was made through a one-page letter signed by directors of this Society and 'associates' of the group and asked each employee of the Sahara India Parivar and their well-wishers to contribute
Pay Rs 10,000 crore to get interim bail: SC tells Subrata Roy
Fp Archives • 11 years agoSC said that interim bail will be granted only after the company fulfils the condition while the court agreed to defreeze the firms' bank accounts to raise the money.
Sebi's coffers depleting in the chase for genuine Sahara investors
Fp Archives • 11 years agoThe 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
Fp Archives • 11 years agoThe 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