{"id":32524,"date":"2014-03-13T11:02:16","date_gmt":"2014-03-13T05:32:16","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=32524"},"modified":"2014-03-13T11:02:16","modified_gmt":"2014-03-13T05:32:16","slug":"sc-hear-sahara-plea-thursday","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday","title":{"rendered":"SC to hear Sahara plea Thursday"},"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-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/03\/sahara-shree.jpg?fit=150%2C86&amp;ssl=1\" 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 Thursday hear the plea by Sahara group chief Subrata Roy challenging the court&#8217;s March 4 order sending him to judicial custody, which he described as illegal.<\/p>\n<p>The bench of Justice K.S. Radhakrishnan and Justice Jagdish Singh Khehar said they would hear the matter Thursday as they have to go through the pleadings.<\/p>\n<p>Seeking his release forthwith, Roy in his plea sought the setting aside of the March 4 order saying it was illegal.<\/p>\n<p>Roy said he was confined in Tihar Jail since March 4 and continues to be incarcerated for an indefinite period and does not know how long he will remain in custody and why he was in custody.<\/p>\n<p>At the outset of the hearing, counsel Ram Jethmalani referred to the A.R. Antulay judgment and said that by the said judgment, the Supreme Court was obliged to rectify its own errors.<\/p>\n<p>Jethmalani told the court it was embarrassing to tell the two judges that their order was not right.<\/p>\n<p>&#8220;It is a deep embarrassment for me. If your lordship wants to hear me, then I have no problem,&#8221; he said.<\/p>\n<p>Justice Khehar then said: &#8220;We will see if the pleadings embarrass us. We will see it. You should know, you have drafted it.&#8221;<\/p>\n<p>The court directed the hearing of the matter for 2 p.m. Thursday.<\/p>\n<p>Roy said in his petition that all he was aware of was that Justice Radhakrishan and Justice Khehar wanted to enforce an order of his alleged obligation to return the investors&#8217; money.<\/p>\n<p>He said the company liable has shown that it has fully complied with the order and provided adequate security for the small portion not fulfilled.<\/p>\n<p>The court without compliance with law and principles of natural justice has incarcerated him under a law which does not exist and without following the ordinary cannons of natural justice, Roy said in his petition.<\/p>\n<p>He contended that the order of incarceration was a complete nullity and it was the duty of the court to &#8220;terminate this unlawful detention and release the petitioner forthwith&#8221;.<\/p>\n<p>The petition said the court must set right the wrong done by its order as Roy was deprived of his liberty by a &#8220;totally unjust remand to jail without judgment of conviction, without proper charges framed or notice issued and without a hearing&#8221;.<\/p>\n<p>On Wednesday morning, the Sahara group moved the Supreme Court pointing to the detention of Roy in a matter involving returning investors&#8217; balance of Rs.19,000 crore that its two companies SIRECL and SHICL had collected through Optionally Fully Convertible Debentures (OFCD) in 2008.<\/p>\n<p>Roy was sent to judicial custody March 4 by the bench of Justice Radhakrishnan and Justice Khehar for failing to place before the court an acceptable proposal for securing the investors&#8217; money.<\/p>\n<p>The apex court Feb 20 had directed Roy and three directors of SIRECL and SHICL to be present in the court Feb 26. While the directors presented themselves, Roy stayed away on the grounds of his mother&#8217;s ill health.<\/p>\n<p>Apparently displeased over the defiance of its order, the apex court directed police to arrest Roy and present him March 4.<\/p>\n<p>On March 4, the court rejected Roy&#8217;s proposal to sell some of his assets to mobilise money to pay to marker regulator SEBI as security to cover the Rs.19,000 crore.<\/p>\n<p>The two Sahara companies &#8211; Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL) &#8211; had collected Rs.24,000 crore from investors through OFCD. The court by its Aug 31, 2012, order had directed the companies to return the investors&#8217; money with 15 percent interest.<\/p>\n<p>Since the court had directed that the entire redemption of OFCDs would be done by SEBI, Sahara was asked to deposit the money with the market regulator.<\/p>\n<p>In December 2012, Sahara had deposited Rs.5,129 crore with SEBI.<\/p>\n<p>(Source: IANS)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court will Thursday hear the plea by Sahara group chief Subrata Roy challenging the court&#8217;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 have to go through the [&hellip;]<\/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":[1],"tags":[5143,2222,47765,28022,16816,28024,28023,20240,20239,47774,47775,23371],"class_list":["post-32524","post","type-post","status-publish","format-standard","hentry","category-top-law-news","tag-justice-jagdish-singh-khehar","tag-justice-k-s-radhakrishnan","tag-news","tag-ofcd","tag-optionally-fully-convertible-debentures","tag-sahara-housing-investment-corp-ltd","tag-sahara-india-real-estate-corp-ltd","tag-shicl","tag-sirecl","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>SC to hear Sahara plea Thursday<\/title>\n<meta name=\"description\" content=\"SC to hear Sahara plea Thursday\" \/>\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\/sc-hear-sahara-plea-thursday\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SC to hear Sahara plea Thursday\" \/>\n<meta property=\"og:description\" content=\"SC to hear Sahara plea Thursday\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday\" \/>\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=\"2014-03-13T05:32:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/sahara-shree-150x86.jpg\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday\"},\"author\":{\"name\":\"Legal India Admin\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/person\\\/5bed6309aad9141bf373167e6730d0fc\"},\"headline\":\"SC to hear Sahara plea Thursday\",\"datePublished\":\"2014-03-13T05:32:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday\"},\"wordCount\":635,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalindia.in\\\/news\\\/wp-content\\\/uploads\\\/2014\\\/03\\\/sahara-shree-150x86.jpg\",\"keywords\":[\"Justice Jagdish Singh Khehar\",\"Justice K.S. Radhakrishnan\",\"news\",\"OFCD\",\"Optionally Fully Convertible Debentures\",\"Sahara Housing Investment Corp Ltd\",\"Sahara India Real Estate Corp Ltd\",\"SHICL\",\"SIRECL\",\"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\\\/sc-hear-sahara-plea-thursday#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday\",\"name\":\"SC to hear Sahara plea Thursday\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalindia.in\\\/news\\\/wp-content\\\/uploads\\\/2014\\\/03\\\/sahara-shree-150x86.jpg\",\"datePublished\":\"2014-03-13T05:32:16+00:00\",\"description\":\"SC to hear Sahara plea Thursday\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday#primaryimage\",\"url\":\"https:\\\/\\\/www.legalindia.in\\\/news\\\/wp-content\\\/uploads\\\/2014\\\/03\\\/sahara-shree-150x86.jpg\",\"contentUrl\":\"https:\\\/\\\/www.legalindia.in\\\/news\\\/wp-content\\\/uploads\\\/2014\\\/03\\\/sahara-shree-150x86.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/sc-hear-sahara-plea-thursday#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\":\"SC to hear Sahara plea Thursday\"}]},{\"@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":"SC to hear Sahara plea Thursday","description":"SC to hear Sahara plea Thursday","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\/sc-hear-sahara-plea-thursday","og_locale":"en_US","og_type":"article","og_title":"SC to hear Sahara plea Thursday","og_description":"SC to hear Sahara plea Thursday","og_url":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday","og_site_name":"Legal News India - Supreme Court &amp; High Court Updates","article_publisher":"https:\/\/www.facebook.com\/LegalindiaCom\/","article_published_time":"2014-03-13T05:32:16+00:00","og_image":[{"url":"https:\/\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/sahara-shree-150x86.jpg","type":"","width":"","height":""}],"author":"Legal India Admin","twitter_misc":{"Written by":"Legal India Admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday#article","isPartOf":{"@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday"},"author":{"name":"Legal India Admin","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/person\/5bed6309aad9141bf373167e6730d0fc"},"headline":"SC to hear Sahara plea Thursday","datePublished":"2014-03-13T05:32:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday"},"wordCount":635,"commentCount":0,"publisher":{"@id":"https:\/\/www.legalindia.com\/news\/#organization"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday#primaryimage"},"thumbnailUrl":"https:\/\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/sahara-shree-150x86.jpg","keywords":["Justice Jagdish Singh Khehar","Justice K.S. Radhakrishnan","news","OFCD","Optionally Fully Convertible Debentures","Sahara Housing Investment Corp Ltd","Sahara India Real Estate Corp Ltd","SHICL","SIRECL","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\/sc-hear-sahara-plea-thursday#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday","url":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday","name":"SC to hear Sahara plea Thursday","isPartOf":{"@id":"https:\/\/www.legalindia.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday#primaryimage"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday#primaryimage"},"thumbnailUrl":"https:\/\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/sahara-shree-150x86.jpg","datePublished":"2014-03-13T05:32:16+00:00","description":"SC to hear Sahara plea Thursday","breadcrumb":{"@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday#primaryimage","url":"https:\/\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/sahara-shree-150x86.jpg","contentUrl":"https:\/\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/sahara-shree-150x86.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.legalindia.com\/news\/sc-hear-sahara-plea-thursday#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":"SC to hear Sahara plea Thursday"}]},{"@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":"","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":32524,"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":29552,"url":"https:\/\/www.legalindia.com\/news\/award-maximum-term-to-sahara-directors-sebi-tells-sc","url_meta":{"origin":32524,"position":1},"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 &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":29272,"url":"https:\/\/www.legalindia.com\/news\/sc-notice-to-sahara-firms-on-sebis-contempt-plea","url_meta":{"origin":32524,"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":32375,"url":"https:\/\/www.legalindia.com\/news\/sahara-chief-subrata-roy-surrenders-arrested","url_meta":{"origin":32524,"position":3},"title":"Sahara chief Subrata Roy surrenders, arrested","author":"Legal India Admin","date":"March 1, 2014","format":false,"excerpt":"After hours of high drama, Sahara Group boss Subrata Roy was arrested on Friday and produced before the chief judicial magistrate (CJM) who directed police to ensure his personal appearance in the Supreme Court by 2pm on March 4. Rejecting Roy's plea for house arrest, CJM Anand Kumar Yadav left\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 shree","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/02\/shahara-shree-150x97.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":32470,"url":"https:\/\/www.legalindia.com\/news\/supreme-court-hear-sahara-group-proposal","url_meta":{"origin":32524,"position":4},"title":"Supreme court to hear Sahara Group proposal","author":"Legal India Admin","date":"March 7, 2014","format":false,"excerpt":"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\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":32524,"position":5},"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":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-8sA","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/32524","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=32524"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/32524\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=32524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=32524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=32524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}