High Profile Cases SC rejects Sahara’s plea to put on hold Aamby Valley auction August 10, 2017 by Legal India Admin | Leave a Comment The Supreme Court today refused to accept Sahara chief Subrata Roy’s plea to put on hold the auction process of the group’s project Aamby Valley in Pune district of Maharashtra. A bench of justices Dipak Misra, Ranjan Gogoi and A K Sikri said, “The prayer of the contemnor (Roy) is hereby rejected.” During the hearing, […] Read more » Aamby Valley auction Court featured Law Legal News Subrata Roy Supreme Court rejects Sahara's plea
High Profile Cases SC takes note of deposit of Rs 710.22 cr by Sahara chief July 6, 2017 by Legal India Admin | Leave a Comment The Supreme Court today noted that embattled Sahara chief Subrata Roy has deposited Rs 710.22 crore in the SEBI-Sahara account, but warned that its cheque of Rs 552.21 crore must be realised within the July 15 deadline. The apex court rejected Roy’s request to extend time beyond July 15 for realisation of this cheque. Roy […] Read more » Court featured Law Legal News Sahara chief SEBI Subrata Roy Supreme Court
Top Law News SC grants Subrata Roy 10 days to deposit Rs 709.82 cr June 20, 2017 by Legal India Admin | Leave a Comment The Supreme Court today granted Sahara chief Subrata Roy 10 more working days to deposit Rs 709.82 crore out of the promised Rs 1,500 crore and extended its interim order granting him bail till July 5. A bench comprising Justices Dipak Misra and Ranjan Gogoi considered the submissions of senior advocate Kapil Sibal, appearing for […] Read more » Court featured Law Legal News Sahara Subrata Roy Supreme Court
High Profile Cases SC asks Sahara chief to appear before it on April 28 April 17, 2017 by Legal India Admin | Leave a Comment The Supreme Court today asked Bombay High Court’s official liquidator to sell the Rs 34,000 crore worth of properties of the Aamby Valley owned by the Sahara Group and directed its chief Subrata Roy to personally appear before it on April 28. “Enough is enough. You cannot say something today and resile tomorrow,” a bench, […] Read more » Aamby Valley Bombay High Court Court featured Law Legal News Sahara Subrata Roy Supreme Court
High Profile Cases SC asks Sahara to deposit Rs 5092.6 cr to keep Roy out of jail March 1, 2017 by Legal India Admin | Leave a Comment The Supreme Court today directed the Sahara Group to deposit Rs 5092.6 crore by April 7 in the SEBI-Sahara account to keep its chief Subrata Roy out of jail and said the amount will be refunded to the investors. A bench headed by Justice Dipak Misra refused to give six months time to the group […] Read more » Court featured Law Legal News prime Aamby Valley Sahara SC asks Sahara to deposit Rs 5092.6 cr to keep Roy out of jail Subrata Roy Supreme Court
High Profile Cases SC orders attachment of Sahara’s prime Aamby Valley property February 7, 2017 by Legal India Admin | Leave a Comment In a big blow to beleaguered businessman Subrata Roy, The Supreme Court today directed attachment of Sahara Group’s prime property worth Rs 39,000 crore at Aamby Valley in Pune for realisation of money to be paid to its investors. The apex court also asked Sahara Group to provide it within two weeks the list of […] Read more » Court featured Law Legal News prime Aamby Valley Sahara Subrata Roy Supreme Court
High Profile Cases SC asks Sahara chief to deposit Rs 600 cr for staying out of jail November 29, 2016 by Legal India News | Leave a Comment The Supreme Court today asked Sahara Group chief Subrata Roy to deposit Rs 600 crore more by February 6 next year in the SEBI-Sahara refund account to remain out of jail and cautioned him that in case of failure, he would have to return to prison. A bench comprising Chief Justice T S Thakur and […] Read more » Court featured Law Legal News Sahara chief SEBI Subrata Roy Supreme Court
Top Law News SC cancels parole of Subrata Roy, asks to surrender in a week September 24, 2016 by Legal India News | Leave a Comment Sahara Chief Subrata Roy and two other group directors will have to surrender to custody within a week, with the Supreme Court today terminating the “interim arrangements” of granting parole to them. The apex court, earlier in the day, was infuriated due to some alleged intemperate remarks of Sahara counsel and senior advocate Rajeev Dhawan, […] Read more » Court featured Law Legal News Sahara Subrata Roy Supreme Court
High Profile Cases SC cancels Subrata Roy’s bail, orders that he be sent jail September 23, 2016 by Legal India News | Leave a Comment The Supreme Court today cancelled all interim relief including bail granted to Sahara chief Subrata Roy and two others and directed them to be taken into custody. A bench headed by Chief Justice T S Thakur got infuriated when senior advocate Rajeev Dhavan, appearing for Sahara, said they have not been involved in the process […] Read more » Court featured Law Legal News Subrata Roy Supreme Court Supreme Court cancels Subrata Roy's bail
Top Law News Sahara chief offers in SC to pay Rs 300 cr as bank gurantee August 26, 2016 by Legal India News | Leave a Comment Sahara chief Subrata Roy today offered in Supreme Court to pay an additional Rs 300 crore to Security and Exchange Board of India (SEBI) but said the amount should be adjusted as bank guarantee. A bench headed by Chief Justice T S Thakur directed that the matter be listed next week after senior advocate Kapil […] Read more » Court featured Law Legal News Sahara chief Subrata Roy Subrata Roy offers in SC to pay Rs 300 cr as bank gurantee Supreme Court
High Profile Cases SC extends Subrata Roy’s parole till July 11 May 11, 2016 / May 12, 2016 by Legal India News | Leave a Comment In a breather to Sahara chief Subrata Roy, the Supreme Court today extended his parole till July 11 to enable him to deposit Rs 200 crore with market regulator Securities and Exchange Board of India (SEBI). A bench headed by Chief Justice T S Thakur, however, directed Roy and Sahara Group director Ashok Roy Choudhary, […] Read more » Court featured Law Legal News Subrata Roy Supreme Court
Top Law News Apex court turns an auction room July 13, 2015 by Legal India News | Leave a Comment The Supreme Court today virtually turned an auction room when two real estate firms hiked their bids for the purchase of Sahara Group’s 140-acre land in Gorakhpur with both the parties ready to fork out Rs.150 crore. A competitive bidding took place before a Bench headed by Justice T S Thakur during the hearing on […] Read more » apex court Apex court turns an auction room featured Gorakhpur Real Estate Developers Private Limited Justice T.S. Thakur Law Legal News Subrata Roy Supreme Court