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As directed by the Supreme Court in 2012, Sahara deposited around Rs 24,000 crore with Sebi to be distributed to nearly 30 million investors who had put money in bonds issued by two firms Sahara ...
New Delhi, Jan 21 () Markets regulator Sebi on Tuesday reaffirmed its ruling which had directed legal representatives of late Y N Saxena to refund investors in the matter related to Sahara India ...
But after a deal is reached, the money will be handed over to the markets regulator towards Sahara’s ₹10,000 crore dues to the Sebi-Sahara refund account. The hearing was adjourned for three ...
SEBI has submitted that the total liability of Sahara is ₹36,326 crore. Referring to the list, Sahara’s counsel and senior advocate Kapil Sibal submitted that a snap auction would see the ...
Not only did Sahara not comply with the Supreme Court's order, but as of today it has paid up only Rs 5,120 crore to Sebi, claiming the rest has been paid. Sebi did not use Sahara money for own ...
The SC in a March 29 order had directed the transfer of Rs 5,000 crore from the "Sahara-SEBI Refund Account" to CRCS in relief for genuine depositors linked to the Sahara Group of Cooperative ...