Sahara group case
There might be some good news for Subrata Roy and the Sahara group tomorrow when the SC verdict will be pronounced. The Supreme Court (SC) is speculating the situation and considering the plea of jailed Sahara Group chief Subrata Roy who is seeking a modification of an earlier order. The SC had asked him to [...] Continue Reading »
The esteemed SC (Supreme Court of India) clamped down on Sahara Group’s request which stated the need to release many of it’s directors including the top lead of them all, Subrata Roy. The plea was rejected on Monday, says a source which clearly stated if INR 10,000 crore wasn’t deposited, the case status quo stands [...] Continue Reading »
Subrata Roy has been in Delhi’s Tihar Jail since March 4, has withdrawn proposal for modifying his bail conditions. Sahara had earlier last week, expressed its inability to pay Rs. 5,000 upfront for bail but proposed to pay Rs. 2,500 upfront and Rs. 2,500 three weeks after Subrata’s release. On March 26, the Supreme Court [...] Continue Reading »
New Delhi- The two Sahara group firms who are subjected to refund a sum of Rs. 24,000 crore to their investors will have their plea heard by the same bench which had refunded on August 31 2012. The Sahara firms are subjected to pay 15 percent interest to their investors. The bench which had refunded will be [...] Continue Reading »
