Subrata Roy In Jail
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Subrata Roy Must Pay Rs. 62,600 Crore To Stay Out Of Jail: Regulator SEBI
The Supreme Court in 2012 ruled that Sahara group companies violated securities laws and illegally raised over $3.5 billion.
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Sahara Hires Broker To Sell Iconic Plaza Hotel In New York
The sales process comes after Ashkenazy Acquisition Corp. acquired a stake in the hotel, giving it certain rights to buy the property, according to a person with knowledge of the situation.
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Pay Rs 1,500 Crore Or Face Jail: Top Court Warns Sahara's Subrata Roy
The Sahara chief gave an undertaking to a bench headed by Justice Dipak Misra that he would deposit Rs 1,500 crore by June 15 and another payment of Rs 552.22 crore by July 15 in the Sebi-Sahara account and filed an affidavit.
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2,000 Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy
Subrata Roy, the 68-year-old chief of the Sahara conglomerate will have to return to jail if he does not deposit 1,500 crores with the Supreme Court by June 15. The Sahara chief, who was arrested in 2014 and given bail last year, was present in court and told judges that he would furnish two cheques -one in June and the other in July- totaling abou...
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SEBI vs Sahara India Case: Auction Aamby Valley, Says Supreme Court As Subrata Roy Fails To Pay Up
The Supreme Court has ordered that the Sahara's luxurious 8,900-acre Aamby Valley City near Pune be auctioned as the group's chief Subrata Roy has failed to deposit Rs 5092.6 crore with markets regulator SEBI to refund investors. The property in Lonavla is valued at Rs 39,000 crore.
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Pay Rs 600 Crore By February 6 To Stay Out Of Jail: Sahara's Subrata Roy Told By Supreme Court
The top court, however, permitted Sahara to transfer Rs 280 crore lying in its account in London to be transferred to Sebi.
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No Immediate Jail For Subrata Roy, Gets Week's Time To Surrender
After apology from Subrata Roy over the behaviour of one of his lawyers, Rajeev Dhavan, in the court, the Supreme Court today granted the Sahara chief one week's time to surrender.
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After Subrata Roy's Apology, Supreme Court To Reconsider Back-To-Jail Order
The Supreme Court will reconsider its order of sending Subrata Roy back to jail after Sahara chief apologised for the behaviour of one of his lawyers, Rajeev Dhavan, in the court.
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Subrata Roy, You Are Going Back To Jail, Supreme Court To Sahara Chief
The Supreme Court today ordered Sahara chief Subrata Roy to be sent back to jail.After spending two years in jail, Mr Roy was out on parole.
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Sahara Chief Subrata Roy's Parole Extended Till July 11: Supreme Court
In a breather to Sahara chief Subrata Roy, the Supreme Court today extended his parole till July 11 to enable him to deposit Rs. 200 crore with market regulator Securities and Exchange Board of India (SEBI).
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Sahara Chief Subrata Roy Leaves Jail For 4 Weeks For Mother's Funeral
Sahara chief Subrata Roy, in prison in Delhi since March 2014, has been allowed to leave prison for four weeks for the funeral of his mother Chhabi Roy, who died on Friday morning.
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Subrata Roy Will Not Survive Another Summer In Jail, Says Lawyer
The Supreme Court on Wednesday directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors.
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Sahara Averts Foreclosure Auction of US Hotel Properties
Sahara Group has been making efforts to raise funds including through refinancing of loans on these two hotels as also on the historic Grosvenor House property in London, to ensure release of its chief Subrata Roy from jail. He has been lodged in New Delhi's Tihar Jail for over two years.
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Sahara to Take Back Loads of Documents From Sebi
As it scurries to garner funds to ensure release of its jailed chief Subrata Roy, the embattled Sahara group has begun another mammoth exercise of taking back loads of investor documents it had given to the Securities and Exchange Board of India (Sebi) in 128 trucks over three years ago.
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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.
-
Subrata Roy Must Pay Rs. 62,600 Crore To Stay Out Of Jail: Regulator SEBI
The Supreme Court in 2012 ruled that Sahara group companies violated securities laws and illegally raised over $3.5 billion.
-
Sahara Hires Broker To Sell Iconic Plaza Hotel In New York
The sales process comes after Ashkenazy Acquisition Corp. acquired a stake in the hotel, giving it certain rights to buy the property, according to a person with knowledge of the situation.
-
Pay Rs 1,500 Crore Or Face Jail: Top Court Warns Sahara's Subrata Roy
The Sahara chief gave an undertaking to a bench headed by Justice Dipak Misra that he would deposit Rs 1,500 crore by June 15 and another payment of Rs 552.22 crore by July 15 in the Sebi-Sahara account and filed an affidavit.
-
2,000 Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy
Subrata Roy, the 68-year-old chief of the Sahara conglomerate will have to return to jail if he does not deposit 1,500 crores with the Supreme Court by June 15. The Sahara chief, who was arrested in 2014 and given bail last year, was present in court and told judges that he would furnish two cheques -one in June and the other in July- totaling abou...
-
SEBI vs Sahara India Case: Auction Aamby Valley, Says Supreme Court As Subrata Roy Fails To Pay Up
The Supreme Court has ordered that the Sahara's luxurious 8,900-acre Aamby Valley City near Pune be auctioned as the group's chief Subrata Roy has failed to deposit Rs 5092.6 crore with markets regulator SEBI to refund investors. The property in Lonavla is valued at Rs 39,000 crore.
-
Pay Rs 600 Crore By February 6 To Stay Out Of Jail: Sahara's Subrata Roy Told By Supreme Court
The top court, however, permitted Sahara to transfer Rs 280 crore lying in its account in London to be transferred to Sebi.
-
No Immediate Jail For Subrata Roy, Gets Week's Time To Surrender
After apology from Subrata Roy over the behaviour of one of his lawyers, Rajeev Dhavan, in the court, the Supreme Court today granted the Sahara chief one week's time to surrender.
-
After Subrata Roy's Apology, Supreme Court To Reconsider Back-To-Jail Order
The Supreme Court will reconsider its order of sending Subrata Roy back to jail after Sahara chief apologised for the behaviour of one of his lawyers, Rajeev Dhavan, in the court.
-
Subrata Roy, You Are Going Back To Jail, Supreme Court To Sahara Chief
The Supreme Court today ordered Sahara chief Subrata Roy to be sent back to jail.After spending two years in jail, Mr Roy was out on parole.
-
Sahara Chief Subrata Roy's Parole Extended Till July 11: Supreme Court
In a breather to Sahara chief Subrata Roy, the Supreme Court today extended his parole till July 11 to enable him to deposit Rs. 200 crore with market regulator Securities and Exchange Board of India (SEBI).
-
Sahara Chief Subrata Roy Leaves Jail For 4 Weeks For Mother's Funeral
Sahara chief Subrata Roy, in prison in Delhi since March 2014, has been allowed to leave prison for four weeks for the funeral of his mother Chhabi Roy, who died on Friday morning.
-
Subrata Roy Will Not Survive Another Summer In Jail, Says Lawyer
The Supreme Court on Wednesday directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors.
-
Sahara Averts Foreclosure Auction of US Hotel Properties
Sahara Group has been making efforts to raise funds including through refinancing of loans on these two hotels as also on the historic Grosvenor House property in London, to ensure release of its chief Subrata Roy from jail. He has been lodged in New Delhi's Tihar Jail for over two years.
-
Sahara to Take Back Loads of Documents From Sebi
As it scurries to garner funds to ensure release of its jailed chief Subrata Roy, the embattled Sahara group has begun another mammoth exercise of taking back loads of investor documents it had given to the Securities and Exchange Board of India (Sebi) in 128 trucks over three years ago.
-
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.
