{"id":29552,"date":"2013-08-07T10:54:51","date_gmt":"2013-08-07T05:24:51","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=29552"},"modified":"2013-08-07T10:54:52","modified_gmt":"2013-08-07T05:24:52","slug":"award-maximum-term-to-sahara-directors-sebi-tells-sc","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc","title":{"rendered":"Award maximum term to Sahara directors, SEBI tells SC"},"content":{"rendered":"<p><a href=\"https:\/\/www.legalindia.in\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc\/shahara\" rel=\"attachment wp-att-29553\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"29553\" data-permalink=\"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc\/shahara\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?fit=215%2C234&amp;ssl=1\" data-orig-size=\"215,234\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"shahara\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?fit=137%2C150&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?fit=215%2C234&amp;ssl=1\" class=\"alignleft size-medium wp-image-29553\" alt=\"shahara\" src=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2013\/08\/shahara-137x150.jpg?resize=137%2C150&#038;ssl=1\" width=\"137\" height=\"150\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?resize=137%2C150&amp;ssl=1 137w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?w=215&amp;ssl=1 215w\" sizes=\"auto, (max-width: 137px) 100vw, 137px\" \/><\/a>The Securities and Exchange Board of India (SEBI) Tuesday urged the Supreme Court to award maximum punishment to Sahara India&#8217;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.<br \/>\n&#8220;Here is a case where contempt was committed not once, not twice but three times,&#8221; senior counsel Arvind Datar told an apex court bench of Justice K.S. Radhakrishnan and Justice Jagdish Singh Khehar. The bench was hearing SEBI&#8217;s contempt petition against Sahara India.<\/p>\n<p>&#8220;These directors and officers should be given maximum imprisonment,&#8221; Datar told the court.<\/p>\n<div id=\"vtnEditorialPlayer\">\u00a0SEBI moved the court seeking action against Sahara India Real Estate Corporation and Sahara Housing Investment Corporation Ltd and their directors for not having complied with the orders of August 31, 2012, December 5, 2012, and February 25, 2013, directing it to deposit Rs.24,000 crore to SEBI so that it could refund investors.<\/div>\n<p>Describing the defiance of the apex court verdict as &#8220;brazen and blatant&#8221;, Datar urged the court to ask Roy and the other directors to appear before the court and deposit their passports.<\/p>\n<p>Datar reminded the judges that it was just 21 days away from the first anniversary of their August 30, 2012, judgment asking the Sahara companies to deposit Rs.24,000 crore.<\/p>\n<p>Opposing the SEBI&#8217;s plea, senior counsel Ram Jethmalani told the court that the law of contempt has assumed constitutional dimensions and since the market regulator has not mentioned any name other than two companies in their petitions, &#8220;it is not permissible for the court to travel to any piece of paper that is not before it&#8221;.<\/p>\n<p>Jethmalani said it was the burden of SEBI to prove its case beyond doubt and it is more so because it also involves threat to liberty.<\/p>\n<p>(Source: IANS)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Board of India (SEBI) Tuesday urged the Supreme Court to award maximum punishment to Sahara India&#8217;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. &#8220;Here is a case where contempt was committed not [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":29553,"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":[1],"tags":[25520,25518,5143,2222,47776,47765,20238,6011,25519,2074,4913,47774,47775,23371],"class_list":["post-29552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-arvind-datar","tag-award-maximum-term-to-sahara-directors-sebi-tells-sc","tag-justice-jagdish-singh-khehar","tag-justice-k-s-radhakrishnan","tag-national-news","tag-news","tag-sahara-housing-investment-corporation-ltd","tag-sahara-india-real-estate-corporation","tag-sahara-indias-head-subrata-roy","tag-sebi","tag-securities-and-exchange-board-of-india","tag-todays-news","tag-todays-top-news","tag-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Award maximum term to Sahara directors, SEBI tells SC<\/title>\n<meta name=\"description\" content=\"Award maximum term to Sahara directors, SEBI tells SC\" \/>\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\/award-maximum-term-to-sahara-directors-sebi-tells-sc\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Award maximum term to Sahara directors, SEBI tells SC\" \/>\n<meta property=\"og:description\" content=\"Award maximum term to Sahara directors, SEBI tells SC\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc\" \/>\n<meta property=\"og:site_name\" content=\"Legal News India - Supreme Court &amp; High Court Updates\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LegalindiaCom\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-08-07T05:24:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2013-08-07T05:24:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"215\" \/>\n\t<meta property=\"og:image:height\" content=\"234\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Legal India Admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Legal India Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc\"},\"author\":{\"name\":\"Legal India Admin\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/person\\\/5bed6309aad9141bf373167e6730d0fc\"},\"headline\":\"Award maximum term to Sahara directors, SEBI tells SC\",\"datePublished\":\"2013-08-07T05:24:51+00:00\",\"dateModified\":\"2013-08-07T05:24:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc\"},\"wordCount\":304,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2013\\\/08\\\/shahara.jpg?fit=215%2C234&ssl=1\",\"keywords\":[\"Arvind Datar\",\"Award maximum term to Sahara directors; SEBI tells SC\",\"Justice Jagdish Singh Khehar\",\"Justice K.S. Radhakrishnan\",\"national news\",\"news\",\"Sahara Housing Investment Corporation Ltd\",\"Sahara India Real Estate Corporation\",\"Sahara India's head Subrata Roy\",\"SEBI\",\"Securities and Exchange Board of India\",\"todays news\",\"todays top news\",\"Top news\"],\"articleSection\":[\"Top Law News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc\",\"name\":\"Award maximum term to Sahara directors, SEBI tells SC\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2013\\\/08\\\/shahara.jpg?fit=215%2C234&ssl=1\",\"datePublished\":\"2013-08-07T05:24:51+00:00\",\"dateModified\":\"2013-08-07T05:24:52+00:00\",\"description\":\"Award maximum term to Sahara directors, SEBI tells SC\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2013\\\/08\\\/shahara.jpg?fit=215%2C234&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2013\\\/08\\\/shahara.jpg?fit=215%2C234&ssl=1\",\"width\":215,\"height\":234},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/award-maximum-term-to-sahara-directors-sebi-tells-sc#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Top Law News\",\"item\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/category\\\/top-law-news\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Award maximum term to Sahara directors, SEBI tells SC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\",\"name\":\"Legal News India - Supreme Court & High Court Updates\",\"description\":\"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.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\"},\"alternateName\":\"Legal News India for Advocates, Lawyers & Law Students\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\",\"name\":\"Legal News India: Supreme Court, High Courts & Govt Updates\",\"alternateName\":\"Legal News India for Advocates, Lawyers & Law Students\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2018\\\/05\\\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2018\\\/05\\\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"Legal News India: Supreme Court, High Courts & Govt Updates\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/LegalindiaCom\\\/\",\"https:\\\/\\\/x.com\\\/Legal_india\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/person\\\/5bed6309aad9141bf373167e6730d0fc\",\"name\":\"Legal India Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/12d62475e086682c2073a800da955a5073b9362a0d17b2f724156a3b955214e2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/12d62475e086682c2073a800da955a5073b9362a0d17b2f724156a3b955214e2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/12d62475e086682c2073a800da955a5073b9362a0d17b2f724156a3b955214e2?s=96&d=mm&r=g\",\"caption\":\"Legal India Admin\"},\"sameAs\":[\"https:\\\/\\\/www.legalindia.in\"],\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/author\\\/legalnews\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Award maximum term to Sahara directors, SEBI tells SC","description":"Award maximum term to Sahara directors, SEBI tells SC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc","og_locale":"en_US","og_type":"article","og_title":"Award maximum term to Sahara directors, SEBI tells SC","og_description":"Award maximum term to Sahara directors, SEBI tells SC","og_url":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc","og_site_name":"Legal News India - Supreme Court &amp; High Court Updates","article_publisher":"https:\/\/www.facebook.com\/LegalindiaCom\/","article_published_time":"2013-08-07T05:24:51+00:00","article_modified_time":"2013-08-07T05:24:52+00:00","og_image":[{"width":215,"height":234,"url":"https:\/\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg","type":"image\/jpeg"}],"author":"Legal India Admin","twitter_misc":{"Written by":"Legal India Admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc#article","isPartOf":{"@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc"},"author":{"name":"Legal India Admin","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/person\/5bed6309aad9141bf373167e6730d0fc"},"headline":"Award maximum term to Sahara directors, SEBI tells SC","datePublished":"2013-08-07T05:24:51+00:00","dateModified":"2013-08-07T05:24:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc"},"wordCount":304,"commentCount":0,"publisher":{"@id":"https:\/\/www.legalindia.com\/news\/#organization"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?fit=215%2C234&ssl=1","keywords":["Arvind Datar","Award maximum term to Sahara directors; SEBI tells SC","Justice Jagdish Singh Khehar","Justice K.S. Radhakrishnan","national news","news","Sahara Housing Investment Corporation Ltd","Sahara India Real Estate Corporation","Sahara India's head Subrata Roy","SEBI","Securities and Exchange Board of India","todays news","todays top news","Top news"],"articleSection":["Top Law News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc","url":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc","name":"Award maximum term to Sahara directors, SEBI tells SC","isPartOf":{"@id":"https:\/\/www.legalindia.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc#primaryimage"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?fit=215%2C234&ssl=1","datePublished":"2013-08-07T05:24:51+00:00","dateModified":"2013-08-07T05:24:52+00:00","description":"Award maximum term to Sahara directors, SEBI tells SC","breadcrumb":{"@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc#primaryimage","url":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?fit=215%2C234&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?fit=215%2C234&ssl=1","width":215,"height":234},{"@type":"BreadcrumbList","@id":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.legalindia.com\/news\/"},{"@type":"ListItem","position":2,"name":"Top Law News","item":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},{"@type":"ListItem","position":3,"name":"Award maximum term to Sahara directors, SEBI tells SC"}]},{"@type":"WebSite","@id":"https:\/\/www.legalindia.com\/news\/#website","url":"https:\/\/www.legalindia.com\/news\/","name":"Legal News India - Supreme Court & High Court Updates","description":"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.","publisher":{"@id":"https:\/\/www.legalindia.com\/news\/#organization"},"alternateName":"Legal News India for Advocates, Lawyers & Law Students","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legalindia.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.legalindia.com\/news\/#organization","name":"Legal News India: Supreme Court, High Courts & Govt Updates","alternateName":"Legal News India for Advocates, Lawyers & Law Students","url":"https:\/\/www.legalindia.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"Legal News India: Supreme Court, High Courts & Govt Updates"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/LegalindiaCom\/","https:\/\/x.com\/Legal_india"]},{"@type":"Person","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/person\/5bed6309aad9141bf373167e6730d0fc","name":"Legal India Admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/12d62475e086682c2073a800da955a5073b9362a0d17b2f724156a3b955214e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/12d62475e086682c2073a800da955a5073b9362a0d17b2f724156a3b955214e2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/12d62475e086682c2073a800da955a5073b9362a0d17b2f724156a3b955214e2?s=96&d=mm&r=g","caption":"Legal India Admin"},"sameAs":["https:\/\/www.legalindia.in"],"url":"https:\/\/www.legalindia.com\/news\/author\/legalnews"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2013\/08\/shahara.jpg?fit=215%2C234&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":32738,"url":"https:\/\/www.legalindia.com\/news\/judicial-custody-illegal-violated-rights-says-sahara-chief","url_meta":{"origin":29552,"position":0},"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 &quot;Top Law News&quot;","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":29552,"position":1},"title":"You are &#8220;manipulating&#8221; 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 &quot;Top Law News&quot;","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":29272,"url":"https:\/\/www.legalindia.com\/news\/sc-notice-to-sahara-firms-on-sebis-contempt-plea","url_meta":{"origin":29552,"position":2},"title":"SC notice to Sahara firms on SEBI&#8217;s contempt plea","author":"Legal India Admin","date":"July 25, 2013","format":false,"excerpt":"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,\u2026","rel":"","context":"In &quot;Top Law News&quot;","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":32524,"url":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday","url_meta":{"origin":29552,"position":3},"title":"SC to hear Sahara plea Thursday","author":"Legal India Admin","date":"March 13, 2014","format":false,"excerpt":"The Supreme Court will Thursday hear the plea by Sahara group chief Subrata Roy challenging the court's March 4 order sending him to judicial custody, which he described as illegal. The bench of Justice K.S. Radhakrishnan and Justice Jagdish Singh Khehar said they would hear the matter Thursday as they\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"sahara shree","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/sahara-shree-150x86.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":28034,"url":"https:\/\/www.legalindia.com\/news\/no-contempt-made-out-against-us-sahara-to-sc","url_meta":{"origin":29552,"position":4},"title":"No contempt made out against us: Sahara to SC","author":"Legal India Admin","date":"April 30, 2013","format":false,"excerpt":"\"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\u2026","rel":"","context":"In &quot;Corporate Law News&quot;","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":28090,"url":"https:\/\/www.legalindia.com\/news\/sc-stays-proceedings-on-sahara-group-subrata-roys-petition-2","url_meta":{"origin":29552,"position":5},"title":"SC stays proceedings on Sahara group &#038; Subrata Roy&#8217;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. A bench comprising by justices\u2026","rel":"","context":"In &quot;Corporate Law News&quot;","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":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-7GE","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/29552","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=29552"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/29552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media\/29553"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=29552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=29552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=29552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}