Sahara

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Aamby Valley up for auction process at Rs 37,000 crore reserve price

The property to be auctioned is an integrated hill city township spread over 6761.6 acres, and two land parcels of 1409.8 acres and 321.6 acres.

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Supreme Court asks Subrata Roy to deposit Rs 1,500 crore by September 7

The bench, however, gave time till September 7 but directed Subrata Roy to pay Rs 1,500 crore by this date in the refund account. This will include the Rs 305.21 crore towards the cheque and the balance he owes to the refund account for investors.

Regulator IRDAI takes over management of Sahara Life Insurance

The regulator said it has “reasons” to believe that Sahara India Life Insurance Company “is acting in a manner likely to be prejudicial to the interest of holders of life insurance policies”.

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Sahara Real Estate Corporation seeks discharge in Sebi case

The plea will come up for hearing on June 7.

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Sahara chief Subrata Roy warned by Supreme Court: Pay fee or go to Tihar Jail

On March 21, the apex court had warned Sahara, saying it would auction Aamby Valley project if the latter fails to deposit the amount of Rs. 5,000 crore.

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Supreme Court rejects Subrata Roy’s plea seeking extension of time to pay Rs 600 crore to SEBI

The Sahara Group in November had presented a road map for the repayment of an outstanding amount of Rs 11,136 crores to SEBI and proposed to clear its liabilities in two-and-a-half years to ensure ‘ábsolute’ release of Roy.

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Sahara gets immunity, tax panel accepts its claim that seized papers not evidence

Sahara diaries: The 50-page order, accessed by The Indian Express, shows that the ITSC had earlier rejected the application of the company and then on September 5, 2016 re-admitted it.

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SC extends Subrata Roy’s interim bail, says pay Rs 600 crore by Feb 6 or go back to jail

On October 25, the top court had extended Subrata Roy’s parole till November 28 after the company deposited Rs 200 crore with the SEBI for the repayment of investors.

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SEBI to recover dues, will auction assets of Sahara

These properties located in Rajasthan, Tamil Nadu, Madhya Pradesh, Uttar Pradesh, Bihar and Jharkhand. To recover dues orders these properties cannot be sold at less than 90 per cent of circle rates.

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Sahara’s 10 assets worth Rs 1,192 cr to be auctioned in July

The Sahara properties will fetch around Rs 722 crore at reserve price and are are located in Andhra Pradesh, Tamil Nadu, Madhya Pradesh, Chhattisgarh and Uttar Pradesh.

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Sahara chief Subrata Roy’s parole extended till July 11

When Subrata Roy’s counsel submitted a list of his assets in a sealed cover, the Supreme Court bench expressed surprise why “such a rich person didn’t pay a fraction of wealth and stayed in jail for two years.”

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Sahara chief Subrata Roy’s mother passes away

Subrata Roy has been in Tihar Jail for more than two years in relation with a long running dispute with markets regulator Sebi.

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SC asks Sahara group to furnish details of all properties, Subrata Roy seeks parole

A three-judge bench headed by Chief Justice T S Thakur, however, refused to grant parole to Sahara chief Subrata Roy, who is in jail since March 4, 2014, saying that so far its orders have not been complied with “substantially”.

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Jail life painful but I am stress free: Sahara’s Subrata Roy

The book titled ‘Life Mantras’ is the first of a trilogy ‘Thoughts from Tihar’ that Roy has penned while in judicial custody in Tihar Jail in connection with a long-running investor refund case

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US court rejects plea for attachment of Sahara hotels

While hearings will continue on the lawsuit, the Supreme Court of the State of New York has ordered that “the application of plaintiff JTS Trading Ltd for a pre-judgement order of attachment is denied”.