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 No contempt made out against us: Sahara to SC April 30, 2013 by Legal India Admin | Leave a Comment “No case of contempt is made out against them as they have complied with its directions on the issue of supplying documents to Sebi and has started refunding Rs 24,000 crore to its investors,” said by the Sahara group and its promoter Subrata Roy to Supreme court here in New Delhi. The Sahara group mentioned the matter before a […] Read more » advocate Keshav Mohan advocate Ram Jethmalani Justice K.S. Radhakrishnan market regulator Sahara Group SEBI Subrata Roy Supreme Court
Top Law News You are “manipulating” courts: SC to Sahara group April 23, 2013 by Legal India Admin | Leave a Comment The Supreme Court, on Monday, pulled up the Sahara group for not furnishing details of the depositors to the Securities and Exchange Board of India (SEBI), and made it clear that if there were untraced depositors in the total deposits of about Rs.24,000 crore, the money should be remitted to the Central Government. A Bench […] Read more » Sahara SEBI Subrata Roy You are "manipulating" courts: SC to Sahara group
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
Corporate Law News SEBI tightens noose around Sahara Group chief March 18, 2013 by Legal India Admin | Leave a Comment SEBI moved to the Supreme Court for the house arrest of Sahara Group Chairman Subroto Roy for not refunding of Rs 24,000 crore money belonging to investors in his companies. It has been also asked by the Securities and Exchange Board of India (SEBI), in its application, to impound the passport of Roy and two other […] Read more » justice KS Radhakrishnan Sahara Group Chairman Subroto Roy SEBI Securities and Exchange Board of India Subroto Roy Supreme Court
Corporate Law News SEBI moves SC for arrest of Sahara chief Subrata Roy March 16, 2013 by Legal India Admin | Leave a Comment Securities regulator is seeking court approval to arrest the head of the Sahara conglomerate, which it accuses of failing to comply with an order to repay billions of dollars collected from investors in outlawed bonds, according to a court document and a lawyer present at a Friday court hearing. The Supreme Court is likely to […] Read more » Grosvenor House hotel Plaza Hotel in New York Sahara chief Subrata Roy Sahara conglomerate Sahara directors SEBI Securities and Exchange Board of India Subrata Roy Sahara
Corporate Law News SC rejects Sahara plea on refund of Rs 24K crore January 10, 2013 by Legal India Admin | Leave a Comment The petitions of two Sahara companies has been rejected by the Supreme Court for review of its August 31 judgment directing them to refund Rs 24,000 crore they had collected between 2008 and 2011 from over 2.96 crore investors flouting mandatory regulatory provisions and the Companies Act. The three-month deadline given by the bench of […] Read more » Companies Act investors Justices K S Radhakrishnan and J S Khehar Optionally Fully Convertible Debentures ( OFCDs) Sahara companies Sahara companies petition Sahara firms Sahara Housing Investment Corporation Ltd Sahara India Real Estate Corporation Ltd SEBI Securities and Exchange Board of India (Sebi) SHICL SIRECL Supreme Court Supreme Court of India
Top Law News Oriental Insurance to pay Liberty Cinema Rs 11.63L December 10, 2012 by Legal India Admin | Leave a Comment Market regulator Sebi has allowed 12 entities to set up Alternative Investment Funds (AIFs), a newly created class of pooled-in investment vehicles for real estate, private equity and hedge funds, in the last two months. The 12 AIFs that have been registered with Sebi since October 10 included India Realty Fund, Dar Mentorcap Film Fund, […] Read more » AIF Alternative Investment Funds Capaleph Indian Millennium Private Equity Fund. Capaleph Indian Millennium Small & Medium Enterprises Fund Infrastructure Funds PE funds SEBI SME Funds Venture Capital Funds
Top Law News SEBI can take action against Sahara for not providing documents : SC October 19, 2012 / October 19, 2012 by Legal India Admin | Leave a Comment Today the Supreme Court made it clear that the market regulator SEBI can take action against Sahara Group for non-compliance of its directions relating to the refund of Rs 24,000 crore raised from investors through optionally fully convertible debentures. A Bench of judges comprising Justices K.S. Radhakrishnan and J.S. Khehar said that SEBI has the […] Read more » action against Sahara SEBI
Top Law News SC says reporting of trial proceedings can be postponed September 11, 2012 by Legal India Admin | Leave a Comment The Supreme Court today laid down a constitutional principle where aggrieved parties can seek from appropriate court the postponement of the publication of court hearings and a decision taken on a case-by-case basis. The court, however, refrained from framing broad guidelines for reporting of sub-judice court matters, saying it cannot be done “across the board.” […] Read more » Chief Justice S.H. Kapadia decision taken on a case-by-case basis framing guidelines after receiving complaints journalists from venturing into the contempt area Justices D K Jain Justices J.S. Khehar justices Ranjana Prakash Desai justices S S Nijjar neutralising technique postponement of reporting court proceedings SC says reporting of trial proceedings can be postponed SEBI trial proceedings can be postponed