Top Law News SC notice to Sahara firms on SEBI’s contempt plea July 25, 2013 by Legal India Admin | Leave a Comment The Supreme Court Wednesday issued notice to Sahara Group’s two real estate companies on a petition by the Securities and Exchange Board of India seeking contempt proceedings against them for their failure to comply with Dec 5, 2012, order of the apex court. The apex court order of Dec 5, 2012, asked the market regulator […] Read more » Justice JS Khehar Justice K.S. Radhakrishnan national news news Sahara Group Sahara Housing Investment Corporation Sahara India Real Estate Corporation SC notice to Sahara firms on SEBI's contempt plea SEBI Securities and Exchange Board of India todays news todays top news Top news
Corporate Law News SC stays proceedings on Sahara group & Subrata Roy’s petition May 3, 2013 / May 3, 2013 by Legal India Admin | Leave a Comment Proceedings on plea filed by the Sahara group and its chief Subrata Roy has been stayed by the Supreme Court here in New Delhi. The plea was filed against refunding Rs 24,000 crore to investors and attachment of their properties after the Sebi accused them of approaching different forums for delaying the process. A bench comprising by justices KS Radhakrishnan and JS Khehar […] Read more » market regulator Ram Jethmalani Sahara Group Sahara Housing Investment Corporation Sahara India Real Estate Corporation SEBI SHIC SIREC Subrata Roy Subrata Roy's petition Supreme Court
Corporate Law News SC stays proceedings on Sahara group & Subrata Roy’s petition May 3, 2013 by Legal India Admin | Leave a Comment Proceedings on plea filed by the Sahara group and its chief Subrata Roy has been stayed by the Supreme Court here in New Delhi. The plea was filed against refunding Rs 24,000 crore to investors and attachment of their properties after the Sebi accused them of approaching different forums for delaying the process. A bench comprising by justices KS Radhakrishnan and JS […] Read more » market regulator Ram Jethmalani Sahara Group Sahara Housing Investment Corporation Sahara India Real Estate Corporation SEBI SHIC SIREC Subrata Roy Subrata Roy's petition Supreme Court
Corporate Law News SC agrees to give early hearing to SEBI plea against Sahara April 5, 2013 by Legal India Admin | Leave a Comment Here in New Delhi to give an early hearing to SEBI’s plea seeking its permission to detain Sahara Group’s chairman Subrata Roy Sahara the Supreme Court has got agreed and also to initiate contempt proceedings against him for not complying with its orders to refund Rs. 24,000 crore to investors. A bench headed by Justice K S Radhakrishnan posted the […] Read more » Ashok Roy Choudhary Ravi Shankar Dubey Sahara Group Sahara Housing Investment Corporation Sahara India Real Estate Corporation SEBI SEBI plea against Sahara Subrata Roy Sahara Supreme Court
Top Law News Will refund Rs 24k cr to investors in 3 mths: Sahara September 28, 2012 by Legal India Admin | Leave a Comment Sahara Group today assured the Supreme Court that its two companies, which had raised Rs 24,000 crore through Optionally Fully Convertible Debentures (OFCDs) from their investors, will refund the amount within three months. “We will refund the amount. There is no question of going back,” Senior Advocate Gopal Subramaniam, appearing for the company, told a […] Read more » Bench was hearing an application by SEBI civil and criminal liabilities Justice B.N. Aggarwal Justice K.S. Radhakrishnan Optionally Fully Convertible Debentures Sahara Sahara Group Sahara Group assured the Supreme Court Sahara Housing Investment Corporation Sahara India Real Estate Corporation Sahara to furnish all its documents to the regulator SEBI against the two Sahara firms Senior Advocate Gopal Subramaniam Will refund Rs 24k cr to investors in 3 mths: Sahara
Top Law News SC directs Sahara Group to refund 17,400 cr to investors August 31, 2012 by Legal India Admin | Leave a Comment In a major setback to the Sahara Group, the Supreme Court today directed two of its companies to refund around Rs 17,400 crore to their investors within three months with 15 per cent interest. A Bench of Justices K.S. Radhakrishnan and J.S. Khehar directed the Securities and Exchange Board of India to take action against […] Read more » apex court judge B.N. Aggarwal fail to refund the money Justices J.S. Khehar Justices K.S. Radhakrishnan Sahara Group to refund Sahara Housing Investment Corporation Sahara India Real Estate Corporation SC directs Sahara Group to refund 17400 cr to investors SEBI against the two Sahara firms SEBI to conduct investigation Securities and Exchange Board of India
High Profile Cases Supreme Court stays SAT order to 2 Sahara firms to refund investors November 28, 2011 / November 28, 2011 by Legal India Admin | Leave a Comment In a relief to Sahara group, the Supreme Court today stayed the Securities Appellate Tribunal (SAT) order directing its two companies to refund around Rs 17,400 crore to their investors and asked for the details of their assets and liabilities. A bench headed by Chief Justice S H Kapadia directed the two companies to file […] Read more » Chief Justice S.H. Kapadia Sahara Housing Investment Corporation Sahara India Real Estate Corporation Supreme Court