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    Tag: refund applications

    [Sahara Fraud] SC Asks Sahara Group to Give list of Top Officials, Properties For Rs 10k Crore Refund To Investors
    [Sahara Fraud] SC Asks Sahara Group to Give list of Top Officials, Properties For Rs 10k Crore Refund To Investors
    Supreme Court

    [Sahara India Scam] “It’s Been 10 Yrs & Still 10K Crore Missing, Investors Will Get Nothing”: SC Allows Sahara Group to Proceed with Asset Sales

    The Supreme Court has highlighted Sahara Group’s failure to comply with its order to deposit Rs 10,000 crore into the SEBI-Sahara refund account. The court has emphasized the need for transparency and has instructed the conglomerate to propose a scheme for selling unencumbered properties. Sebi has expressed concerns about the uncertainty regarding the timeline for the group’s payment of the outstanding amount.

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    By Minakshi Bindhani
    4 September 2024, 10:43 AM4 September 2024, 10:43 AM
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