Sahara Matter Will Continue Even After Subrata Roy's Death: Sebi Chief
Roy, the controversial founder of the group, died on Tuesday after a prolonged illness.
Nov 16, 2023, 13:29 PM IST
Sahara Group Chairman Subrata Roy has passed away
Subrata Roy Sahara Dies: Sahara Group Chairman Subrata Roy has passed away. Let us tell you that Subrata Roy died in Mumbai. He breathed his last at the age of 75. His mortal remains will be brought to Lucknow for the last rites today.
Nov 15, 2023, 09:22 AM IST
Sahara Group Founder's Death: Tributes Pour In, Subrata Roy Was Suffering From THESE Ailments
According to reports, Subrata Roy was 75 at the time of his death and he was suffering from extended illnesses. On November 12, he was hospitalised in Mumbai after his health declined and he passed away on November 14.
Nov 15, 2023, 07:08 AM IST
Sahara Group chief Subrata Roy passes away
Sahara Group Chairman Subrata Roy has passed away. There is a wave of mourning in the industry due to the demise of Subrata Roy. Subrata Roy died in Mumbai. He breathed his last at the age of 75.
Nov 15, 2023, 00:22 AM IST
EK HI 'SAHARA': A Giant-Sized Figure Who At One Time Grew To Become One Of The Most Powerful Indians But Ended Up Losing All His Fame
Tale Of Subrata Roy, 'Mr. Sahara': You have probably heard Subrata Roy's tale of seemingly rags to riches many times. Roy began with a meager sum of Rs. 2,000 in 1978 and quickly rose to new heights. A larger-than-life figure, Subrata Roy, was in charge of Sahara. As the second-largest employer in India, Roy played a key role in the development of one of the most powerful economic empires. When the allegations of Sahara fund mismanagement, worth Rs. 24,000 crore, were revealed, all of his fame was lost. A jury sent Subrata Roy to judicial custody in Tihar Jail. In 2017, he was released on parole.
Aug 08, 2023, 12:34 PM IST
Sebi moves SC for payment of Rs 62K cr from Sahara firms, wants Subrata Roy in custody if not paid
Sebi said the contemnors, Subrata Roy and his two firms-- Sahara India Real Estate Corporation Ltd. (SIRECL) and Sahara Housing Investment Corporation Ltd. (SHICL) -- are in gross violation of various orders passed by the court regarding the deposit of entire monies collected along with the interest.
Nov 20, 2020, 17:52 PM IST
SC directs Sahara chief Subrata Roy to appear before it on February 28
Roy has failed to deposit Rs 25,700 crore in the SEBI-Sahara case for returning investors' money.
Jan 31, 2019, 16:09 PM IST
Sahara SEBI Case: Aamby valley auction fails to get bids; two buyers offer to buy properties
Subrata Roy-led group managed to bail out of its elite ownership by informing the SC that two firms are willing to pay Rs 1,000 crore for its properties at Vasai in Mumbai.
Jul 12, 2018, 17:20 PM IST
SC allows Sahara Group to sell properties in any parcel of Aamby Valley before May 15
The proceeds from the sale will have to be deposited in SEBI-Sahara refund account.
Apr 19, 2018, 16:43 PM IST
Tough to maintain Sahara Group's Aamby Valley: Official receiver tells Supreme Court
Subrata Roy, who has spent almost two years in jail, has been on parole since May 6 last year.
Jan 05, 2018, 22:04 PM IST
SC asks Bombay HC Receiver to auction Sahara's Aamby Valley
SC also directed the official liquidator, who has been entrusted with the task of conducting the auction, to take instructions from the company judge or the Bombay High Court.
Nov 23, 2017, 16:48 PM IST
MCA disqualifies Subrata Roy's son Seemanto as Sahara Housingfina director
Sahara Housingfina said it was brought to its notice through a notification on Corporate Affairs Ministry website pertaining to disqualification of directors of companies who defaulted in filing financial results and annual report in preceding three financial years continuously.
Nov 15, 2017, 17:33 PM IST
Sahara lawyer says SEBI misled SC on auction process
The lawyer added that in some publications, it was also absolutely wrongfully written that the court warned Subrata Roy whereas there was no such warning.
Oct 14, 2017, 20:26 PM IST
Just two potential bidders for Rs 37k crore Aamby Valley auction
The auction process has been initiated even as a Mauritius-based investor, Royale Partners Investment Fund, has signed a pact with Sahara offering to invest USD 1.67 billion (over Rs 10,700 crore) in the Aamby Valley project.
Sep 17, 2017, 18:19 PM IST
SC rejects Sahara's plea for lifting attachment, stopping auction of Aamby Valley
The Supreme Court on Monday rejected a plea by Sahara Group urging it to lift attachment of its Aamby Vally project and permit it to enter into agreement with Royal Partners Investment Fund for selling it 26 per cent stakes in it for $1.6 billion.
Sep 11, 2017, 22:39 PM IST
Setback for Subrata Roy: Sahara's Aamby Valley up for auction at Rs 37,392 crore reserve price
The Official Liquidator (OL) for the Aamby Valley City in Lonavala has put up a reserve price of Rs 37,392 crore, as part of efforts to partially recover the pending dues to various lenders.
Aug 14, 2017, 10:29 AM IST
SC rejects Sahara's plea to put on hold Aamby Valley auction
The Supreme Court on Thursday refused to accept Sahara chief Subrata Roy's plea to put on hold the auction process of the group's project Aamby Valley in Pune district of Maharashtra.
Aug 10, 2017, 16:48 PM IST
Sahara in SC for putting on hold auctioning of Aamby Valley
The apex court had on July 25 asked the embattled Sahara chief to deposit Rs 1,500 crore in the SEBI-Sahara account by September 7 and said that it might then deliberate upon his plea seeking 18 months more time for making complete repayment.
Aug 09, 2017, 19:30 PM IST
IRDAI asks ICICI Pru to take over Sahara insurance business
Insurance regulator Irdai on Friday asked leading private sector life insurer ICICI Prudential Life Insurance (IPRU) to take over the business of beleaguered Sahara India Life Insurance (SILIC), with effect from July 31.
Jul 28, 2017, 22:52 PM IST
