Supreme Court verdict
There is some good news for the debt laden Sahara group. Its chief Subrata Roy and other top officials are in the Tihar jail since March and the Supreme Court had allowed Roy to set up a tech savvy office within the premises of Tihar jail where he could hold meetings with the proposed buyers. [...] Continue Reading »
Illegal urban housing is not only limited to slum dwellings, many high end apartment complexes too come under that ambit. The residents of the Campa Cola compound in Mumbai had staged agitations and had not allowed the demolitions a couple of times finally had to give way to the Supreme Court verdict. The Supreme Court [...] Continue Reading »
Three days of the 90-day deadline given by the Supreme Court to the Sahara Group to repay over 22 million investors in its bonds have passed and it looks like the only way the Sahara Group can repay its debt is by selling off its assets. The Supreme court had confirmed Securities and Exchange Board [...] Continue Reading »
The Chakrapani Vasahat, located along the Nashik-Pune highway, is a heavily populated area where migrant workers have constructed houses on plots measuring 500 to 2,000 sq ft. Radhabai Kondiba Devkar, an 80-year-old farmer, said, “Our forefathers had agricultural land in the Bopkhel village. The defence authorities acquired it when the Ammunition Factory of Khadki was [...] Continue Reading »
