Corporate Law News SC declines to hear plea by Sahara Group companies February 26, 2013 by Legal India Admin | Leave a Comment The last hope of Sahara group to get more time to refund Rs 24,000 crore to its investors was dashed in the Supreme Court which dismissed its plea and pulled it up for not complying court’s earlier order to return the money by first week of February. A bench headed by Chief Justice Altamas Kabir, which had earlier […] Read more » Altamas Kabir Chief Justice Altamas Kabir Sahara Group Sahara group companies Sahara Housing Investment Corporation (SHIC) Sahara India Real Estate Corporation (SIREC) Subrata Roy
Corporate Law News Supreme court extends interim relief for Sahara group firms January 10, 2012 / January 10, 2012 by Legal India Admin | Leave a Comment The Supreme Court Monday admitted a plea by two Sahara group companies challenging the Securities Appellate Tribunal’s order directing them to refund Rs.17,400 crore mopped up from 2.3 crore investors and ordered the continuation of its interim stay on the tribunal’s direction. The apex court bench of Chief Justice S.H. Kapadia, Justice A.K. Patnaik and […] Read more » Chief Justice S.H. Kapadia Justice A.K. Patnaik Justice Swatanter Kumar Sahara group companies Supreme Court