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  • SC asks Sahara boss to pay Rs 1500 cr, sends one to jail
    India NewsSC asks Sahara boss to pay Rs 1500 cr, sends one to jail

    The Supreme Court on Thursday sent one Prakash Swamy -- the power of attorney holder for a US-based company that had shown interest in buying Sahara's New York-located Hotel Plaza -- to jail for one month for not depositing Rs 10 crore fine ordered by the court for backing out and misleading the court.

    3 years ago
  • SC directs Sahara's Aamby Valley auction, summons Roy
    CompaniesSC directs Sahara's Aamby Valley auction, summons Roy

    The Supreme Court on Monday asked the official liquidator of the Bombay High Court to auction the Aamby Valley property of the Sahara group to recover the money it has to pay to market regulator Sebi to be returned to investors.

    3 years ago
  • Pay Rs 600 crores or surrender before February 6: SC to Subrata Roy
    CompaniesPay Rs 600 crores or surrender before February 6: SC to Subrata Roy

    Supreme Court on Monday directed Sahara chief Subrata Roy to deposit Rs 600 crores or surrender before February 6, 2017. In a partial relief, the apex court extended his parole but also warned him of consequences if he fails to deposit the money in given timeline.

    3 years ago