Sahara Group to sell 4,700 acres of land across India, expected to earn Rs 6,500 crore
Sahara Group will submit new property title deeds worth Rs 20,000 crore to SEBI after being restricted by the Supreme Court from selling assets. The case involves refunding investors.
Supreme Court restricts Sahara's Subrata Roy from flying abroad and selling properties, citing undervalued assets in OFCD refund case.
The Supreme Court of India will review Sahara Group's petition regarding restrictions on CEO Subrata Roy, who is barred from leaving the country until property deeds are submitted.
Sahara Group approached the Supreme Court of India, asserting an error in the order restricting Subrata Roy from leaving the country until property deeds are given to SEBI.
The Supreme Court of India has denied Sahara Chief Subrata Roy's request to leave the country amid a review petition regarding travel restrictions.
The Supreme Court of India mandates Sahara Group to transfer property deeds worth Rs 20,000 to SEBI, amid ongoing disputes regarding refunds to investors.
Despite facing regulatory challenges, Sahara Group has purchased approximately 25 acres of land in Whitefield, Bangalore for ₹149 crore, with plans for commercial or hotel development.
SEBI files petition with Supreme Court to hear all cases against Sahara firms and its chief, seeking to transfer cases from other courts and prevent further entertaining of applications by the firms.
SC asks Sahara firms & Subrata Roy to reply to SEBI's contempt petition within a week, regarding non-repayment of ₹24,000 Cr to investors.
Securities Appellate Tribunal to hear Sahara's plea against SEBI's asset attachment
SEBI questions Subrata Roy Sahara and 3 other Sahara directors over asset details
Sahara Group's Subrata Roy invites SEBI for a televised debate over alleged irregularities in bond sales, claiming compliance and transparency amid ongoing disputes since 2008.
SEBI seeks Supreme Court's permission to arrest Sahara Group's Subrata Roy and two directors for non-compliance with August 31 order to refund Rs.24,000 Cr to investors.
A Delhi-based investor has petitioned the Supreme Court to direct Sahara Group to refund his investments, marking the first such individual action amidst an ongoing dispute with SEBI over repayment of dues to nearly 3 crore investors.
SEBI warns public against dealings with two Sahara Group firms due to property attachments. Movable and immovable properties of Sahara India Real Estate Corp Ltd and Sahara Housing Investment Corp Ltd, including those of three promoters, are attached. Investors cautioned against business relations.
SEBI has frozen the assets and bank accounts of Sahara group firms, affecting key real estate projects including Aamby Valley due to compliance failures with a Supreme Court order.
The Supreme Court dismissed Sahara's appeal to review the order to refund ₹25,000 Cr to investors. The court found no valid reasons to reconsider its verdict.
The Supreme Court granted Sahara Real Estate Firms an extension to pay their fine, directing SEBI to accept the application. The firms were initially ordered to refund money collected through debentures to investors.
SEBI files criminal charges against Sahara Group, seeking compliance with regulatory orders. Sahara Group denies accusations and claims timely submission.
The Supreme Court of India criticizes SEBI for failing to take legal action against the Sahara Group for not complying with an order to produce investment documents.
Parsvnath Developers is selling its prime 1.18-acre land near Connaught Place, with potential buyers including Sahara Group and ICICI Bank aiming for a deal worth Rs 700 crore.
Parsvnath Developers is in talks with Sahara Group and ICICI Bank to sell its 1.18-acre plot near Connaught Place, aiming to reduce its Rs 1,300 crore debt.
Blue Mountain Real Estate Advisors bids nearly £750m for 42 Marriott hotels in Britain. The deal involves RBS, the primary debt holder, granting exclusivity to the Indian firm.
Sahara Group challenges SEBI's order to return investor funds with 15% interest. The case will be heard on July 4, 2011. Sahara criticizes SEBI for publicizing the order.