Articles tagged with: Subrata Roy
SC continues patient, dogged pursuit of Subrata Sahara, starts by attaching Rs 40,000 cr Aamby Valley property
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...
Sahara Subrata gets another extension of parole from SC
In a relief to Sahara Group chief Subrata Roy, the Supreme Court today extended his parole till 3 August, 2016.
Since Subrata can't or won't, SC tells SEBI to sell off Sahara properties worth Rs 40,000 cr
The Supreme Court on Tuesday allowed market regulator SEBI to go ahead with the sale of _Sahara _properties whose unencumbered title deeds are in its possession. The step is being taken to recover investors’ money that Sahara groups’ two companies had collected from public through Optionally Fully C...
Not so happy anniversary: Subrata Roy now jailed 2 years by SC for contempt
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 ...
SC extends Subrata Sahara's jail-office facilities so he can somehow raise cash he owes
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 ...
Sibal admits: Literally impossible for Sahara to pay Rs 36,000 cr in 18 months
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...
Sibal pleads for 6 weeks parole for Subrata 'in chains'; SC reserves order
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...