{"id":32470,"date":"2014-03-07T13:02:32","date_gmt":"2014-03-07T07:32:32","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=32470"},"modified":"2014-03-07T13:02:34","modified_gmt":"2014-03-07T07:32:34","slug":"supreme-court-hear-sahara-group-proposal","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/supreme-court-hear-sahara-group-proposal","title":{"rendered":"Supreme court to hear Sahara Group proposal"},"content":{"rendered":"<p><a href=\"https:\/\/www.legalindia.in\/news\/supreme-court-hear-sahara-group-proposal\/sahara-shree\" rel=\"attachment wp-att-32471\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"32471\" data-permalink=\"https:\/\/www.legalindia.com\/news\/supreme-court-hear-sahara-group-proposal\/sahara-shree\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sahara-shree.jpg?fit=296%2C170&amp;ssl=1\" data-orig-size=\"296,170\" 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=\"sahara shree\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sahara-shree.jpg?fit=296%2C170&amp;ssl=1\" class=\"size-medium wp-image-32471 alignright\" alt=\"sahara shree\" src=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/sahara-shree-150x86.jpg?resize=150%2C86&#038;ssl=1\" width=\"150\" height=\"86\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sahara-shree.jpg?resize=150%2C86&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sahara-shree.jpg?w=296&amp;ssl=1 296w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>The Supreme Court will on Friday hear a proposal by the Sahara Group to pay SEBI a substantial amount as surety to return investors the Rs.19,000 crore it had collected through Optionally Fully Convertible Debentures.<\/p>\n<p>Senior counsel Rakesh Dwivedi, appearing for the Sahara Group, told the apex court bench headed by Justice K.S. Radhakrishnan that the group wishes to submit a substantial amount in a month and said the rest of the amount will be paid subsequently.<\/p>\n<p>Counsel urged the court for an early hearing.<\/p>\n<p>The court directed the Sahara Group to submit its proposal to the Securities and Exchange Board of India (SEBI) and asked the market regulator to respond when the matter comes up for hearing Friday.<\/p>\n<p>(Source: IANS)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court will on Friday hear a proposal by the Sahara Group to pay SEBI a substantial amount as surety to return investors the Rs.19,000 crore it had collected through Optionally Fully Convertible Debentures. Senior counsel Rakesh Dwivedi, appearing for the Sahara Group, told the apex court bench headed by Justice K.S. Radhakrishnan that [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":32471,"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":[47765,16822,27990,2074,2170,47726,47774,47775,23371],"class_list":["post-32470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-news","tag-sahara-group","tag-sahara-pariwar","tag-sebi","tag-subrata-roy","tag-supreme-court","tag-todays-news","tag-todays-top-news","tag-top-news"],"yoast_head":"<!-- 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A\u00a0bench headed by Justice\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":32738,"url":"https:\/\/www.legalindia.com\/news\/judicial-custody-illegal-violated-rights-says-sahara-chief","url_meta":{"origin":32470,"position":1},"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. 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There is no question of going back,\u201d Senior Advocate Gopal Subramaniam, appearing\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":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-8rI","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/32470","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=32470"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/32470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media\/32471"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=32470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=32470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=32470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}