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Sahara investors News

21 Oct 2016

Supreme Court hearing on Sahara refund case today

The Supreme Court on Friday will hear a case involving Sahara Group chief Subrata Roy in connection with the matter related to the return of money to three crore investors.

02 Sep 2016

SC asks Sahara Group to disclose source of money raised

Supreme Court on Friday asked the Sahara Group to come clean by disclosing its sources from where it had raised Rs 25,000 crore and paid its investors in cash, observing that it is "difficult to digest" as such a huge amount "cannot fall from the heavens."

02 Sep 2016

SC tells Sahara to tell source of money refunded to investors

The apex court told Sahara group that it is difficult to digest that so much money has been refunded in such a short span.

07 Jan 2016

ED to monitor investors in Sahara

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04 May 2015

SEBI makes fresh bid to find Sahara investors for refunds

Making a fresh bid to locate Sahara investors eligible for refunds, capital markets regulator SEBI has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments.

13 Apr 2015

Sahara supports Sebi's claim to bring $13-mn to refund account

Sahara has supported the regulator's claim before a US court to bring back nearly USD 13 million from sale proceeds of a business jet of the crisis-hit group.

23 Mar 2015

D-day for Subrata Roy as Supreme Court to decide future of Sahara Group

If it fails to raise the cash, the court could appoint a receiver to auction its assets, which include properties such as New York`s Plaza hotel and tracts of land in India.

01 Feb 2015

Sebi lowers Sahara case expense estimates to Rs 25.88 cr

As per the court orders, Saharas were asked to bear the costs incurred by Sebi in identifying the investors and repayment of refunds to them, which has been an uphill task for the capital markets watchdog.

17 Dec 2014

SEBI makes fresh bid to find Sahara investors

In a fresh effort to locate Sahara investors eligible for refunds, regulator SEBI has asked bondholders to submit their claims by next month along with necessary proof of their investments.

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