Subrata Roy Assets
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SEBI Fines Sahara Group Firm, Subrata Roy Rs 6.48-Crore for Flouting Norms
Sebi warned of attachment of assets and bank accounts, if they fail to make the payment.
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13 Land Parcels Of Sahara Group To Be Auctioned Next Month
Moving ahead with sale of Sahara assets to recover money, the Securities and Exchange Board of India (Sebi) on Wednesday lined up 13 land parcels of the beleaguered group for an e-auction next month at a total reserve price of about Rs 1,400 crore.
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Repayments Done From Money With Group Companies: Sahara
Hours after the Supreme Court asked it to disclose the source of its money, the Sahara Group said the money collected through optionally fully-convertible debentures (OFCD) were invested in various assets and the group companies made the money available when the need arose for making repayments to the investors.
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Sebi Ropes In HDFC Realty, SBI Cap For Sahara Asset Sale: Report
Tasked with a massive job of selling certain unencumbered properties of the beleaguered Sahara group, market regulator Securities and Exchange Board of India (Sebi) is believed to have roped in HDFC Realty and SBI Capital to help in the sale process.
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Supreme Court Allows Markets Regulator Sebi to Sell Sahara Properties
The Supreme Court has asked market regulator Sebi (Securities and Exchange Board of India) to start the process of selling some of embattled conglomerate Sahara's real estate assets in the country to refund millions of investors in its illegal bonds, lawyers said on Tuesday.
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Sahara Says in Talks to Sell Grosvenor House to Qatar
Embattled Sahara Group on Tuesday came up with a fresh proposal before the Supreme Court for the sale of its assets, including three overseas hotels - Grosvenor House Hotel in London, the New York Plaza and Dream New York - to raise the amount for the release of its jailed chief Subrata Roy.
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Sahara Comes Up With Fresh Proposal To Secure Chief's Release
Embattled Sahara Group today came up with a fresh proposal before the Supreme Court for the sale of its assets to raise the amount for the release of its jailed chief Subrata Roy.
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Supreme Court to Consider Auctioning Off Sahara Properties
The Supreme Court on Monday asked the Securities and Exchange Board of India (Sebi) to submit an application by September 14 seeking its approval to appoint a receiver to auction conglomerate Sahara's assets and refund investors in the troubled group's illegal bonds.
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RBI Moves Top Court to Stop Sahara from Selling Assets
In an application, the Reserve Bank of India (RBI), sought modification of the order allowing Sahara Group to sell its assets for generating funds.
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Sebi Questions Ownership of Sahara Properties: Report
A senior official and a separate source with direct knowledge of the situation said the market regulator has been checking an affidavit filed by Sahara detailing property assets, as time runs out for the group to post $1.6 billion in bail to free its jailed founder.
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Sahara Property Sale Takes Another Turn
Criticising Sahara over the delay in sale of its overseas properties, the Supreme Court now wants an asset management agency to handle it.
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Sahara Chief Has to Conduct Asset Sale Talks From Jail: Court
The top court has asked the jail authorities to come up with suggestions as to where Mr Roy can negotiate asset sale deals within the Tihar Jail premises. The next hearing has been posted for Wednesday.
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Supreme Court Could Allow Sahara Chief to Conduct Asset Sale Talks, Says Company
The jailed chairman of conglomerate Sahara, Subrata Roy, could be allowed to take part in talks over group asset sales to repay investors sold bonds that were later ruled to be illegal, the company said after he was again denied bail on Tuesday.
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Subrata Roy Urges Supreme Court to Release Him on Parole
A bench headed by Justice T S Thakur, however, raised apprehension on Sahara selling international properties and asked the company to first dispose of its assets which are in the country.
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Sahara chief to remain in jail, no house arrest, says Supreme Court
The Supreme Court today refused today to shift Sahara chief Subrata Roy to house arrest. Sahara lawyers today made a plea before the Supreme Court for release of its chief Subrata Roy, saying that the group is looking for global buyers to sell its assets and no international buyer would like to visit the jail to negotiate a deal.
-
SEBI Fines Sahara Group Firm, Subrata Roy Rs 6.48-Crore for Flouting Norms
Sebi warned of attachment of assets and bank accounts, if they fail to make the payment.
-
13 Land Parcels Of Sahara Group To Be Auctioned Next Month
Moving ahead with sale of Sahara assets to recover money, the Securities and Exchange Board of India (Sebi) on Wednesday lined up 13 land parcels of the beleaguered group for an e-auction next month at a total reserve price of about Rs 1,400 crore.
-
Repayments Done From Money With Group Companies: Sahara
Hours after the Supreme Court asked it to disclose the source of its money, the Sahara Group said the money collected through optionally fully-convertible debentures (OFCD) were invested in various assets and the group companies made the money available when the need arose for making repayments to the investors.
-
Sebi Ropes In HDFC Realty, SBI Cap For Sahara Asset Sale: Report
Tasked with a massive job of selling certain unencumbered properties of the beleaguered Sahara group, market regulator Securities and Exchange Board of India (Sebi) is believed to have roped in HDFC Realty and SBI Capital to help in the sale process.
-
Supreme Court Allows Markets Regulator Sebi to Sell Sahara Properties
The Supreme Court has asked market regulator Sebi (Securities and Exchange Board of India) to start the process of selling some of embattled conglomerate Sahara's real estate assets in the country to refund millions of investors in its illegal bonds, lawyers said on Tuesday.
-
Sahara Says in Talks to Sell Grosvenor House to Qatar
Embattled Sahara Group on Tuesday came up with a fresh proposal before the Supreme Court for the sale of its assets, including three overseas hotels - Grosvenor House Hotel in London, the New York Plaza and Dream New York - to raise the amount for the release of its jailed chief Subrata Roy.
-
Sahara Comes Up With Fresh Proposal To Secure Chief's Release
Embattled Sahara Group today came up with a fresh proposal before the Supreme Court for the sale of its assets to raise the amount for the release of its jailed chief Subrata Roy.
-
Supreme Court to Consider Auctioning Off Sahara Properties
The Supreme Court on Monday asked the Securities and Exchange Board of India (Sebi) to submit an application by September 14 seeking its approval to appoint a receiver to auction conglomerate Sahara's assets and refund investors in the troubled group's illegal bonds.
-
RBI Moves Top Court to Stop Sahara from Selling Assets
In an application, the Reserve Bank of India (RBI), sought modification of the order allowing Sahara Group to sell its assets for generating funds.
-
Sebi Questions Ownership of Sahara Properties: Report
A senior official and a separate source with direct knowledge of the situation said the market regulator has been checking an affidavit filed by Sahara detailing property assets, as time runs out for the group to post $1.6 billion in bail to free its jailed founder.
-
Sahara Property Sale Takes Another Turn
Criticising Sahara over the delay in sale of its overseas properties, the Supreme Court now wants an asset management agency to handle it.
-
Sahara Chief Has to Conduct Asset Sale Talks From Jail: Court
The top court has asked the jail authorities to come up with suggestions as to where Mr Roy can negotiate asset sale deals within the Tihar Jail premises. The next hearing has been posted for Wednesday.
-
Supreme Court Could Allow Sahara Chief to Conduct Asset Sale Talks, Says Company
The jailed chairman of conglomerate Sahara, Subrata Roy, could be allowed to take part in talks over group asset sales to repay investors sold bonds that were later ruled to be illegal, the company said after he was again denied bail on Tuesday.
-
Subrata Roy Urges Supreme Court to Release Him on Parole
A bench headed by Justice T S Thakur, however, raised apprehension on Sahara selling international properties and asked the company to first dispose of its assets which are in the country.
-
Sahara chief to remain in jail, no house arrest, says Supreme Court
The Supreme Court today refused today to shift Sahara chief Subrata Roy to house arrest. Sahara lawyers today made a plea before the Supreme Court for release of its chief Subrata Roy, saying that the group is looking for global buyers to sell its assets and no international buyer would like to visit the jail to negotiate a deal.
