{"id":28034,"date":"2013-04-30T12:00:48","date_gmt":"2013-04-30T06:30:48","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=28034"},"modified":"2013-04-30T12:00:48","modified_gmt":"2013-04-30T06:30:48","slug":"no-contempt-made-out-against-us-sahara-to-sc","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/no-contempt-made-out-against-us-sahara-to-sc","title":{"rendered":"No contempt made out against us: Sahara to SC"},"content":{"rendered":"

“No case of contempt is made out against them as they have complied with its directions on the issue of supplying documents to\u00a0Sebi<\/a>\u00a0and has started refunding Rs 24,000 crore to its investors,” said by the\u00a0\u00a0Sahara group and its promoter\u00a0Subrata Roy<\/a>\u00a0 to Supreme court here in New Delhi.<\/p>\n

The Sahara group mentioned the matter before a bench headed by Justice K S Radhakrishnan and said they have filed affidavits relating to the contempt notice and need more time to file a response in relation to the application by the stock\u00a0market regulator<\/a>\u00a0seeking civil arrest or detention of Roy and other directors.<\/p>\n

According to the bench, “It will consider its plea on May 2. Sahara’s plea was mentioned by senior advocate\u00a0Ram Jethmalani<\/a>\u00a0and advocate Keshav Mohan.”<\/p>\n

Sahara and its promoters filed around 10 affidavits and two additional affidavits are likely to be filed soon.<\/p>\n

The counsel said there was no case of wilful disobedience of the apex court order as the documents have been supplied to Sebi and on December 5, 2012, the issue of depositing money was also considered by the court.<\/p>\n","protected":false},"excerpt":{"rendered":"

“No case of contempt is made out against them as they have complied with its directions on the issue of supplying documents to\u00a0Sebi\u00a0and has started refunding Rs 24,000 crore to its investors,” said by the\u00a0\u00a0Sahara group and its promoter\u00a0Subrata Roy\u00a0 to Supreme court here in New Delhi. The Sahara group mentioned the matter before a […]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[85],"tags":[23580,13265,2222,23581,16822,2074,2170,47726],"class_list":["post-28034","post","type-post","status-publish","format-standard","hentry","category-corporate-law-news","tag-advocate-keshav-mohan","tag-advocate-ram-jethmalani","tag-justice-k-s-radhakrishnan","tag-market-regulator","tag-sahara-group","tag-sebi","tag-subrata-roy","tag-supreme-court"],"yoast_head":"\nNo contempt made out against us: Sahara to SC<\/title>\n<meta name=\"description\" content=\""No case of contempt is made out against them as they have complied with its directions on the issue of supplying documents to\u00a0Sebi\u00a0and has started - Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/news\/no-contempt-made-out-against-us-sahara-to-sc\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No contempt made out against us: Sahara to SC\" \/>\n<meta property=\"og:description\" content=\""No case of contempt is made out against them as they have complied with its directions on the issue of supplying documents to\u00a0Sebi\u00a0and has started - Get the latest legal news from the Supreme Court, High Courts, and government. 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The\u00a0plea was filed\u00a0against refunding Rs 24,000 crore to investors and attachment of their properties after the\u00a0Sebi\u00a0accused them of approaching different forums for delaying the process. A bench comprising by justices\u2026","rel":"","context":"In "Corporate Law News"","block_context":{"text":"Corporate Law News","link":"https:\/\/www.legalindia.com\/news\/category\/corporate-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28092,"url":"https:\/\/www.legalindia.com\/news\/sc-stays-proceedings-on-sahara-group-subrata-roys-petition","url_meta":{"origin":28034,"position":1},"title":"SC stays proceedings on Sahara group & Subrata Roy’s petition","author":"Legal India Admin","date":"May 3, 2013","format":false,"excerpt":"Proceedings on plea filed by the\u00a0Sahara group\u00a0and its chief\u00a0Subrata Roy\u00a0has been stayed by the Supreme Court here in New Delhi. The\u00a0plea was filed\u00a0against refunding Rs 24,000 crore to investors and attachment of their properties after the\u00a0Sebi\u00a0accused them of approaching different forums for delaying the process. \u00a0 A bench comprising by\u2026","rel":"","context":"In "Corporate Law News"","block_context":{"text":"Corporate Law News","link":"https:\/\/www.legalindia.com\/news\/category\/corporate-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27568,"url":"https:\/\/www.legalindia.com\/news\/sc-agrees-to-give-early-hearing-to-sebi-plea-against-sahara","url_meta":{"origin":28034,"position":2},"title":"SC agrees to give early hearing to SEBI plea against Sahara","author":"Legal India Admin","date":"April 5, 2013","format":false,"excerpt":"Here in New Delhi to give an early hearing to SEBI's plea seeking its\u00a0permission to detain Sahara Group's chairman Subrata Roy Sahara the Supreme Court has got agreed\u00a0and also to initiate contempt proceedings against him for not complying with its orders to refund\u00a0Rs.\u00a024,000 crore to investors. A\u00a0bench headed by Justice\u2026","rel":"","context":"In "Corporate Law News"","block_context":{"text":"Corporate Law News","link":"https:\/\/www.legalindia.com\/news\/category\/corporate-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29552,"url":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc","url_meta":{"origin":28034,"position":3},"title":"Award maximum term to Sahara directors, SEBI tells SC","author":"Legal India Admin","date":"August 7, 2013","format":false,"excerpt":"The Securities and Exchange Board of India (SEBI) Tuesday urged the Supreme Court to award maximum punishment to Sahara India's head Subrata Roy and three other directors of its companies for contempt of court by not complying with its order of returning Rs.24,000 crore to investors. \"Here is a case\u2026","rel":"","context":"In "Top Law News"","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"shahara","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2013\/08\/shahara-137x150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":27887,"url":"https:\/\/www.legalindia.com\/news\/you-are-manipulating-courts-sc-to-sahara-group","url_meta":{"origin":28034,"position":4},"title":"You are “manipulating” courts: SC to Sahara group","author":"Legal India Admin","date":"April 23, 2013","format":false,"excerpt":"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\u2026","rel":"","context":"In "Top Law News"","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32738,"url":"https:\/\/www.legalindia.com\/news\/judicial-custody-illegal-violated-rights-says-sahara-chief","url_meta":{"origin":28034,"position":5},"title":"Judicial custody illegal, violated rights, says Sahara chief","author":"Legal India Admin","date":"March 28, 2014","format":false,"excerpt":"The Supreme Court was Thursday told that its March 4 order sending Sahara Group chief Subrata Roy and two other directors to judicial custody was foundationally illegal and unconstitutional and must go. While assailing the March 4 order passed by the bench of Justice K.S. Radhakrishnan and Justice Jagdish Singh\u2026","rel":"","context":"In "Top Law News"","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"shahara","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2013\/08\/shahara-137x150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-7ia","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/28034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=28034"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/28034\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=28034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=28034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=28034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}