Although Subrata has been released on parole from his indefinite jail term without trial, the Sahara-SC-saga just keeps going and the Supreme Court, to its credit, is not losing sight of the money trail: Subrata Roy: Attach Rs 40,000 crore Aamby Valley to recover Sahara dues: Supreme Court | India N...

Livemint ( @livemint ) tweeted: “SC throws out case alleging Narendra Modi took cash payments” SC throws out case alleging Narendra Modi took cash payments By Suchitra Mohanty New Delhi: The Supreme Court on Wednesday threw out a case brought by anti-corruption lawyer Prashant Bhushan that accused P...

The Wire ( @thewire_in ) tweeted: “Justice A.P. Shah demands income tax governing body review Sahara case” Justice A.P. Shah Demands Income Tax Governing Body Review Sahara Case By Ajoy Ashirwad Mahaprashasta Even as the Union government has maintained a conspicuous silence about the alleged involve...

SC serves notice on state, centre to probe cow vigilantism: “A number of PILs were filed by political leaders and activists in High Courts across the states and in Supreme Court demanding strong action against the cow vigilantes. One such PIL was filed by Congress leader Tehseen S Poonawalla in Supr...

In a relief to Sahara Group chief Subrata Roy, the Supreme Court today extended his parole till 3 August, 2016.

The Supreme Court on Wednesday said the possibility of Sahara chief Subrata Roy’s release from jail - having been incarcerated for more than two years now - would depend on the outcome of the first round of auction of Sahara’s assets by market regulator the Securities and Exchange Board of India (SEBI).

Today, Sahara’s Subrata Roy has spent two years in jail for contempt of court, reports Mint , in an in-depth retrospective of the case by Shreeja Sen. Roy has written a book, reportedly found some peace and managed to repay Rs 4,000 crore of the 10,000 the Supreme Court required him to give back to ...

The Supreme Court on Monday extended till September 30 the special facilities given to Sahara chief Subrata Roy to facilitate communication for negotiating transactions to raise money to pay market regulator Securities and Exchange Board of India. Seeking details of a loan transfer from the Bank of ...

The Sahara Group on Tuesday told the Supreme Court that it was not possible for it to repay, in 18 months, Rs.36,000 crore of investors’ money that it had collected in 2007-08 in 18 months as was ordered by the court on June 17. “There is no business house in the country or in the world which can de...

The Supreme Court on Friday gave 18 months to Sahara to repay Rs.36,000 crore of the investors money which its two companies, SIRECL and SHFCL, had collected in 2007-08 through OFCDs.

The Supreme Court is likely to pronounce on Friday the verdict that will decide the fate of Sahara chief Subrata Roy and two group directors who are in jail since March 4 last year for not complying with the court’s order to return investors’ Rs.24,000 crores that two group companies SIRECL and SHFC...

The Supreme Court today reserved its order on Sahara group chief Subrata Roy’s plea to be released from custody for six weeks coupled with lifting of restrictions to deal with his 72 properties so that he could place before the court a plan to return investors money that two group companies had coll...

The Supreme Court on Friday allowed Sahara to arrange a bank guarantee of Rs. 5,000 crore in the favour of the capital market regulator to comply with the conditions for the release of its chief Subrata Roy and two other directors who are in custody in Delhi’s Tihar jail since March 4, 2014. A bench...

The Hindu reported: The Supreme Court on Monday granted three more months to the Sahara group to sell its offshore properties to raise the Rs 10,000 crore required to secure the release of its chief Subrata Roy on bail. The court said it was satisfied with the company’s latest proposal and would all...

The Supreme Court on Friday gave Sahara Group chief Subrata Roy a “final chance” to raise Rs 10,000 crore - Rs 5,000 crore in cash and Rs 5,000 crore in bank guarantee - to make part repayment of investors’ money raised by the company in 2008 and 2009, which is also a condition for his and two other...

Sahara boss Subrata Roy has been in jail now for a year on the orders of the Supreme Court, without significant progress on recovering money owed by Sahara, nor on tracing more than 30 million investors, reported Mint in a comprehensive summary and infographic on the story so far.

The Sahara Group Wednesday told the Supreme Court that its deal with the Mirach Capital Group to raise a $650-million loan to comply with the court’s order to deposit Rs.5,000 crore in cash and bank guarantee of like amount has collapsed. The apex court Jan 9 had permitted Sahara group to raise a “j...

Sahara’s deal with Mirach Capital Group to borrow $2bn to bail out the group’s supremo Subrata Roy - jailed by the Supreme Court for contempt of court since nearly a year - might be falling apart after a Reuters exclusive yesterday revealed that a Bank of America guarantee letter backing the loan ha...

According to the Times of India , Senior counsel Harish Salve has been the latest lawyer to have been instructed to appear for Sahara boss Subrata Roy, who continues to be locked up in Tihar Jail for contempt of court . Salve’s first act as counsel was to accept the offer of a bigger cell for Roy - ...

Supreme Court justices TS Thakur and AK Sikri told the Sahara Group after a two hour hearing that they would have to pay Rs 10,000 crore to get its boss Subrata Roy and two directors released from jail. The judges, who replaced the previous bench of justices KS Radharkrishnan and JS Khehar amid unpr...