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Sebi-sahara case News

31 Jan 2019

SC directs Sahara chief Subrata Roy to appear before it on February 28

Roy has failed to deposit Rs 25,700 crore in the SEBI-Sahara case for returning investors' money.

23 Nov 2017

SC asks Bombay HC Receiver to auction Sahara's Aamby Valley

SC also directed the official liquidator, who has been entrusted with the task of conducting the auction, to take instructions from the company judge or the Bombay High Court.

14 Aug 2017

Setback for Subrata Roy: Sahara's Aamby Valley up for auction at Rs 37,392 crore reserve price

The Official Liquidator (OL) for the Aamby Valley City in Lonavala has put up a reserve price of Rs 37,392 crore, as part of efforts to partially recover the pending dues to various lenders.

20 Jul 2017

Supreme Court to hear Sahara-SEBI refund dispute on Thursday

In its previous hearing, the apex court gave 15-days time to Roy to deposit Rs. 552 crore in connection with the case.

Sahara's Aamby Valley

27 Apr 2017

SC extends Subrata Roy's parole till June 19; warns to put him in jail for non-payment of Rs 1,500 crore

The Apex Court last week directed sale of Sahara's Aamby Valley at Lonavala and appointed Bombay HC official liquidator for selling the property.

Sahara's Aamby Valley

17 Apr 2017

Big blow for Subrata Roy: SC orders Sahara's Aamby Valley auction

The Supreme Court on Monday directed sale of Sahara's Aamby Valley at Lonavala and appointed Bombay HC official liquidator for selling the property.

21 Mar 2017

Will auction Aamby Valley if Rs 5,000 cr not paid: SC to Sahara

The Supreme Court on Tuesday warned the Sahara Group that it would auction its prime property worth Rs 39,000 crore at Aamby Valley in Pune if Rs 5092.6 crore is not paid by the company by April 17 as promised.

28 Nov 2016

SC directs Sahara chief Subrata Roy to deposit Rs 600 cr by Feb 6 for remaining out of jail

The Supreme Court on Monday directed Sahara chief Subrata Roy to deposit Rs 600 crore by February 6, 2017 for remaining out of jail.

21 Oct 2016

SC asks Subrata Roy to deposit another Rs 200 crore to remain on parole

The Supreme Court on Friday asked Sahara Group chief Subrata Roy to deposit another Rs 200 crore by November 28, as it extended its interim order granting him parole till then.

28 Sep 2016

Sahara taking "us for a ride", says Supreme Court

The Supreme Court on Wednesday said it had been "taken for a ride" by the Sahara group by its past conduct and asked it to submit a roadmap for paying the balance amount of Rs 12,000 crore to SEBI

28 Sep 2016

Supreme Court extends parole of Sahara chief Subrata Roy till October 24

The apex court has also asked him to deposit Rs 200 crore with SEBI by then.

28 Sep 2016

SC to hear Sahara chief Subrata Roy's plea for extension of interim parole today

The apex court earlier on September 23 ordered that Subrata Roy should be taken into custody till October 3, but in a reprieve stayed his arrest till September 30.

12 Apr 2015

SEBI moves US court with $12 mn claim on Sahara jet sale

In a new twist to the high profile SEBI-Sahara case, the Indian capital markets regulator has approached a US court with a USD 12-million claim on proceeds from sale of a corporate jet owned by a Sahara Group firm.

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