The Supreme Court has halted proceedings regarding Sahara firms' pleas as it reviews SEBI's request, transferring all related cases to itself.
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 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.