SAHARA
IANS 09 December 2021
The workers and investors of Sahara together staged a protest against SEBI at the Jantar Mantar here on Wednesday.

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On 31 August 2012, the Supreme Court of India (SC) handed down a historic verdict asking two Sahara companies to refund over Rs20,000 crore to investors that was illegally raised through quasi-debentures without regulatory clearance.

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Full Edition
Moneylife Online Magazine
Lead Article
REGULATIONS
Sucheta Dalal , 05 December 2021
On 29th November, when the Reserve Bank of India (RBI) superseded the board of Anil Ambani run Reliance Capital Ltd (RCL) and placed it under an administrator, the overwhelming reaction was that, finally, the regulator has bestirred itself to act!

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Moneylife Digital Team 04 March 2021
Terming Sahara India Financial Corp Ltd as an entity not 'fit & proper', market regulator Securities and Exchange Board of India (SEBI) has cancelled registration of the Sahara group unit as sub-broker of National Stock Exchange (NSE) and BSE.

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Moneylife Digital Team 10 February 2021
The Lalitpur police have registered a case against the branch manager, regional manager, and divisional head of Sahara India for accepting deposits under various term schemes and not refunding about Rs3 crore to investors, says a report.

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IANS 02 December 2020
Sahara has moved the Supreme Court and claimed that SEBI seeking a Rs 62,000 crore deposit from it is a clear case of contempt of court and to cause public outrage against Sahara.

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On 29th September, I wrote about how Sahara Pariwar had apparently raised over Rs1.10 lakh crore in 10 years, during a traumatic phase where the group patriarch had been incarcerated for almost two years by the Supreme Court of India

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On 18th August, the usually somnolent central registrar of cooperative societies (CRCS), which regulates cooperative societies and cooperative banks, did something that ought to have made banner headlines across the media

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Sahara executives give a positive spin to his two years in jail

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A team of officials swooped on the township situated on the outskirts of the famous Lonavala hill station to seal the property's main gates and its administrative sections

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Moneylife Digital Team 04 March 2015
Saharashri and two of his lieutenant are still languishing in jail since the Sahara group has so far failed to muster Rs10,000 crore of legitimate funding to get them out on bail. In the meantime, his trolls continue to post foolish comments on every article about Subrata Roy and Sahara group

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Moneylife Digital Team 27 February 2015
The Subrata Roy-led Sahara group is facing a liquidity crunch for past one year due to embargo and double payment for investor refund, resulting into many problems like meeting employee salary, statutory and other operating obligations

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Moneylife Digital Team 04 December 2014
With the latest deal, Sahara has come a step closer to raising the Rs10,000 crore that the SC had stipulated in order to secure bail for its chief, Subroto Roy

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Moneylife Digital Team 01 August 2014
Sahara group's jailed chief Subrata Roy would stay in a conference hall at Tihar Jail complex for 10 working days from 5th August and negotiate with prospective buyers the sale of the group's assets in London and New York

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Moneylife Digital Team 19 May 2014
The new bench of Justices TS Thakur and AK Sikri, however, refused to allow a plea for putting Roy under house arrest in Lucknow instead of keeping him in Tihar jail

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Moneylife Digital Team 15 May 2014
Justice Radhakrishnan, who retired on 14th May, has gone on record saying that the bench was under immense pressure in the Sahara case

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Moneylife Digital Team 18 April 2014
Supreme Court admonished Sahara Group for its aggressive advertisements criticising SEBI

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Moneylife Digital Team 03 April 2014
Sahara chief Subrata Roy to remain in jail as the Supreme Court adjourned hearing to 9th April. Sahara had proposed to Rs2,500 crore immediately and rest Rs2,500 crore in cash within three weeks after release of Roy and two directors

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