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Sahara chief Subrata Roy to remain in jail

Parole rejected for Roy- Instead use Skype for conversation with buyers: SC

Parole rejected for Roy- Instead use Skype for conversation with buyers: SC
On Friday the Capital markets regulator Securities and Exchange Board of India (SEBI) suggested a tech savvy way for the debt laden Sahara Chief. This measure will help to raise money for his own bail. SEBI suggested that the Sahara Chief Subrata Roy should be allowed to step out of Tihar jail for a few [...] Continue Reading »

Selling Indian and International Properties: Only option for debt laden Sahara Group

Selling Indian and International Properties: Only option for debt laden Sahara Group
Once profitable Sahara group is now at the verge of bankruptcy and is looking at the means to raise funds to pay for the bail of their chief. Sahara chief Subrata Roy on Thursday requested the Supreme Court (SC) to allow him parole for, at least, 40 days to sell his properties to raise Rs [...] Continue Reading »

Sahara Chief Subrata Roy to remain in jail- SC gives green signal to the sale of immovable properties

Sahara Chief Subrata Roy to remain in jail- SC gives green signal to the sale of immovable properties
There is some good news and some bad news for the debt laden Sahara group. The Sup­reme Court (SC)on Wedn­e­sday allowed the Sahara Group to sell properties to raise fun­ds amounting to thousands of crores of rupees.  The imprisoned chief Subrata Roy who is in Tihar jail since March 4 could not be released as [...] Continue Reading »



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