Sahara

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Sahara’s Aamby Valley auction to continue: Supreme Court

Last month, the Sahara Group was allowed to sell a part of its flagship property and deposit the sale proceeds into the Sebi-Sahara account by May 15.

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Auction process of Sahara’s Aamby Valley property to continue: Supreme Court

The auction process for the Sahara group’s prime Aamby Valley properties would continue as it has failed to deposit Rs 750 crore in the SEBI-Sahara refund account, the Supreme Court held on Wednesday.

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Sahara’s Aamby Valley auction: Anyone causing impediment will be sent to jail, says Supreme Court

The court was hearing a plea by market regulator Securities and Exchange Board of India (Sebi) which alleged that the group had allegedly obstructed the process by writing a letter to the Pune police raising the issue of law and order at the site.

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Complaints on Sahara, SEBI top grievances to government

Of the total grievances, the highest number of 18,567 grievances were related to the Information and Broadcasting ministry

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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.”