Sat, Jul 29, 2017
Embattled Sahara group chairman Subrata Roy had met Irdai chairman to seek more time to resolve the crisis at his life insurance arm on July 24. ICICI Prudential had submitted a valuation report to the regulator to take over the company on the same day.
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Mon, Jun 19, 2017
A bench comprising Justices Dipak Misra and Ranjan Gogoi considered the submissions of senior advocate Kapil Sibal, appearing for Roy, that Rs 790.18 have been already been deposited with the SEBI-Sahara account and 10 more working days be granted for submission of the remainder.
Thu, Apr 27, 2017
Accepting the offer, the apex court said that Roy will be send to jail if Rs 1500 crore payment not met the deadline.
Wed, Apr 19, 2017
On February 28, the Supreme Court had allowed Sahara to sell certain properties after market regulator Sebi found it difficult to auction them even with the help of specialised agencies.
Mon, Apr 17, 2017
The top court had in 2012 asked Sahara to return the investors` money that Sahara India Real Estate Corp Ltd and Sahara Housing Investment Corp Ltd had raised in 2008 and 2009.
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