SAHARA – BE – SAHARA – SUPREME COURT OF INDIA ATTACHES `AMBY VALLEY`

SAHARA-BE – SAHARA – A Press Report !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Amby valley ATTACHED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! The Special Bench of Justices Dipak Misra, Ranjan Gogoi and A.K. Sikri ordered Sahara to place on record a list of unencumbered properties which would be put up for public auction to recover over Rs. 14000 crore the group owes as principal sum … Continue reading SAHARA – BE – SAHARA – SUPREME COURT OF INDIA ATTACHES `AMBY VALLEY`

SAHARA GROUP –  SUBRATA ROY IS BACK TO BARRACKS! SUPREME COURT OF INDIA – THE NEVER ENDING STORY OF SAHARA !!!!

The Sahara Goup  had raised Rs 24,000 crore through its two group companies in 2008-09 through optionally fully convertible debentures (OFCDs).  SEBI, the market controller, directed the  Sahara Housing Finance Corp Ltd  and another company to return Rs.17,600 Crores and the SIRECL AND SHICL did not comply with the order.  SEBI instituted  a contempt plea … Continue reading SAHARA GROUP –  SUBRATA ROY IS BACK TO BARRACKS! SUPREME COURT OF INDIA – THE NEVER ENDING STORY OF SAHARA !!!!