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Subrata Roy

Sahara matter will continue even after Subrata's death: Sebi chief

Sahara matter will continue even after Subrata's death: Sebi chief

Thu, Nov 16, 2023

Sebi chairperson Madhabi Puri Buch said the Sahara matter will continue for the capital markets regulator even after the death of the group's founder Subrata Roy.

How Subrata Roy Never Recovered From Downfall?

How Subrata Roy Never Recovered From Downfall?

Wed, Nov 15, 2023

Subrata Roy, Chairman of Sahara Group, one of the most renowned corporate houses of the country, passed away. He was ill for a long time and breathed his last in a hospital in Mumbai. There was a time when leaders, actors, businessmen and sportsmen all lived around Subrata Roy. Once Subrata Roy's downfall started, he did not stop and one by one all his close ones started moving away. We are telling you what was the incident after which Roy's downfall started.

Subrata Roy: Who made it large, drop by drop in good and bad times

Subrata Roy: Who made it large, drop by drop in good and bad times

Wed, Nov 15, 2023

Roy, who died in Mumbai on Tuesday after a prolonged illness at the age of 75, continued to make it large, even while battling it out in courts and before regulators.

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Supreme Court refuses to extend Sahara chief Subrata Roy's time to pay Rs 600 crore

Supreme Court refuses to extend Sahara chief Subrata Roy's time to pay Rs 600 crore

Thu, Jan 12, 2017

On November 28, Supreme Court had extended Roy's parole to February 6.

Sahara-Birla: Rahul Gandhi accuses Narendra Modi of taking cash payments

Sahara-Birla: Rahul Gandhi accuses Narendra Modi of taking cash payments

Wed, Dec 21, 2016

He has threatened for weeks to cause an "earthquake" by exposing what he called Modi`s personal corruption. The ensuing row paralysed parliament and caused its winter session to be one of the most acrimonious and unproductive on record.

Supreme Court extends Sahara chief Roy's parole to February 6

Supreme Court extends Sahara chief Roy's parole to February 6

Mon, Nov 28, 2016

The Supreme Court on Monday extended Sahara Chief, Subrata Roy’s parole to February 6 next year. The court also directed Sahara to pay Rs 600 crore till the date of the parole.

Sahara Group to deposit Rs 200 crore by tomorrow as SC advances hearing

Sahara Group to deposit Rs 200 crore by tomorrow as SC advances hearing

Thu, Oct 20, 2016

The court has asked the market regulator SEBI to sell Sahara properties to mobilise the money.

Supreme Court extends Sahara chief Subrata Roy's parole till October 24

Supreme Court extends Sahara chief Subrata Roy's parole till October 24

Wed, Sep 28, 2016

Supreme Court (SC) has extended the parole of conglomerate Sahara's chief Subrata Roy by nearly a month in an interim order issued on Wednesday.

Senior Advocate Rajeev Dhavan responds to CJI's remark in Sahara case

Senior Advocate Rajeev Dhavan responds to CJI's remark in Sahara case

Fri, Sep 23, 2016

Senior advocate Rajeev Dhavan, who received flak for his remarks from the Supreme Court (SC) in the Sahara chief Subrata Roy case, on Friday termed as "unfortunate" and "uncharitable" the comments of Chief Justice T S Thakur about him.

Parole ends, SC sends Subrata Roy back to jail

Parole ends, SC sends Subrata Roy back to jail

Fri, Sep 23, 2016

Roy's parole was extended by the court till September 23 after the company deposited Rs 306 crore

Supreme Court extends Subrata Roy’s bail to September 23

Supreme Court extends Subrata Roy’s bail to September 23

Fri, Sep 16, 2016

The Securities and Exchange Board of India (Sebi) has informed court that out of 58 properties, eight properties have been sold in Rs 195 crore.

Sahara ready to pay additional Rs 300 crore to SC: Subrata Roy

Sahara ready to pay additional Rs 300 crore to SC: Subrata Roy

Fri, Aug 26, 2016

Roy was ordered to deposit the money by September 15.

SC extends Subrata Roy's parole till September 16 after receiving Rs 300 crore deposit

SC extends Subrata Roy's parole till September 16 after receiving Rs 300 crore deposit

Wed, Aug 03, 2016

The Supreme Court (SC) has extended the parole of Sahara chief Subrata Roy till September 16, 2016 after it deposited Rs 306 crore on Wednesday. Sahara will have to deposit another Rs 300 crore by September 16, according to a Zee Business report.

Already deposited Rs 14,000 crore with Sebi, Sahara says

Already deposited Rs 14,000 crore with Sebi, Sahara says

Sun, Jul 17, 2016

In a statement, the company said, "Saharasri offers gratitude to all who stood by Sahara in difficult times," adding, "Sahara has already deposited more than Rs.14,000 crores with SEBI, but in the last 43 months, Sebi has repaid only around Rs 50 crores to the esteemed Investors, ofcourse after verification all these monies shall come back to Sahara."

First e-auction of Sahara properties clock sale of Rs 58 crore

First e-auction of Sahara properties clock sale of Rs 58 crore

Wed, Jul 06, 2016

In an attempt to recover its losses, the Securities and Exchange Board of India (Sebi) launched an e-auction of the Sahara properties in the first of its kind bid which clocked a sale of Rs 58 crore.

Sebi's 'Sahara Refund Account' rises to nearly Rs 11,700 crore

Sebi's 'Sahara Refund Account' rises to nearly Rs 11,700 crore

Mon, Jun 13, 2016

As it gears up to auction Sahara properties worth thousands of crores to recover further funds, market regulator Sebi's Sahara Refund Account has swelled to Rs 11,727 crore with interest but it has been able to refund just about Rs 55 crore so far to the investors.

Sahara properties to be auctioned next month; bids start at Rs 1,900 crore

Sahara properties to be auctioned next month; bids start at Rs 1,900 crore

Thu, Jun 09, 2016

The auction would be conducted by SBI Capital Markets and HDFC Realty, which have been tasked to auction a total of 61 land parcels, on July 13 and July 15 respectively.

Sahara properties to be auctioned on July 4 at Rs 722 crore reserve price

Sahara properties to be auctioned on July 4 at Rs 722 crore reserve price

Thu, Jun 02, 2016

Following a go-ahead from the Court, the two entities have put in place a mechanism to auction these properties.

Govt to crack down on savings scams to give push to PM Modi's banking for all vision

Govt to crack down on savings scams to give push to PM Modi's banking for all vision

Mon, May 30, 2016

Prime Minister Narendra Modi has been striving to bring the rural poor into the mainstream banking system.

HDFC Realty, SBI Caps to initiate e-auctioning process for 61 Sahara properties sale

HDFC Realty, SBI Caps to initiate e-auctioning process for 61 Sahara properties sale

Tue, May 24, 2016

As per the court directions, these properties cannot be sold at less than 90% of circle rates.

SC extends Subrata Roy's release till July 11

SC extends Subrata Roy's release till July 11

Wed, May 11, 2016

Roy was in the Tihar jail since March 2014 in relation with a long running dispute with market regulator SEBI.

Supreme Court allows 4-week parole to Subrata Roy

Supreme Court allows 4-week parole to Subrata Roy

Fri, May 06, 2016

The Supreme Court has permitted Subrata Roy to leave Tihar Jail on a four-week Parole. Earlier in the day, Sahara Chief Subrata Roy had sought parole to perform cremation rites of his mother who passed away in the wee hours this morning.

Sahara chief Subrata Roy's mother passes away

Sahara chief Subrata Roy's mother passes away

Fri, May 06, 2016

Subrata Roy has been in Tihar Jail for more than two years in relation with a long running dispute with markets regulator Sebi.

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