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