SC reserves order on conditions relating to Subrata Roy's bail plea
The Supreme Court on Thursday reserved order on conditions relating to Sahara Chief Subrata Roy's release from jail.
May 14, 2015, 16:26 PM IST
Court issues warrant for Subrata Roy's appearance in IT case
A Delhi court on Tuesday issued warrant for the appearance of Sahara Chief Subrata Roy, now lodged in Tihar Jail, in an Income Tax case in which he has been accused of not filing returns for a group company for the 2013-14 assessment year.
Mar 24, 2015, 19:20 PM IST
SC grants Sahara final chance
The Supreme Court on Friday gave the Sahara group a third and final chance to negotiate its proposed deal for arranging money for the release of its chief executive, Subrata Roy from jail.
Mar 13, 2015, 15:57 PM IST
Tender apology or pay compensation: Mirach warns Sahara
In a fresh twist to the alleged "forgery" saga, US-based Mirach on Saturday asked Sahara to make a "formal apology" for tarnishing its image, failing which it warned of legal action and demanded over USD 13 million in compensation for breach of contract.
Feb 07, 2015, 15:37 PM IST
Mirach hits back at Sahara; offers to buy out overseas hotels
Mirach further accused Sahara of repeatedly undermining a transaction for sale of its properties and said it "wasted" the time of its investors as also that of Sebi and the courts.
Feb 06, 2015, 10:06 AM IST
Mirach gave forged BofA letter, to take legal action: Sahara
Stung by a "forged letter" claiming USD 2-billion funding through Bank of America, crisis-hit Sahara group today said it has been "cheated" by US-based Mirach Capital and would take all suitable legal action against the firm and its officers.
Feb 05, 2015, 23:58 PM IST
Mysterious turn to Sahara's $2-billion deal; BofA says not a banker
Crisis-ridden Saharas' efforts to raise funds to secure bail for its chief Subrata Roy have taken a mysterious turn, with Bank of America refuting claims of it being the banker for a USD 2-billion financing package offered to the group by a US-based entity.
Feb 05, 2015, 14:19 PM IST
Investment vehicle eyes flagship Sahara hotels in $2 bn bailout for Subrata Roy
An investment vehicle expects to ultimately take control of landmark hotel assets like New York`s Plaza after the conglomerate fails to repay lenders.
Jan 20, 2015, 15:20 PM IST
Sahara chief Subrata Roy back in special facility at Tihar
Jailed chief of Sahara conglomerate Subrata Roy has once again been provided with an AC conference room with services like internet and video-conferencing at the Tihar prison as per a Supreme court order to complete negotiations for raising funds for his bail.
Jan 13, 2015, 17:04 PM IST
SC permits Sahara to sell 4 properties worth over Rs 2700 cr
The Supreme Court Tuesday permitted the Sahara Group to proceed with the sale of four domestic properties, which is likely to fetch Rs 2,710 crore, in its bid to raise Rs 10,000 crore for the release of its jailed chief Subrato Roy.
Dec 02, 2014, 20:51 PM IST
Sahara's fresh plea in SC for Subrato Roy's release
Sahara Group on Friday came out another plea for the release of its jailed chief Subrato Roy before the Supreme Court which asked those involved in the negotiation processes for sale of its three offshore hotels to prove their bona fide in raising the money to get him out.
Nov 28, 2014, 21:02 PM IST
Sahara offers to pay Rs 10,000 crore as bail condition set by SC
The SC also asked Sahara as to why it has not paid the amount till date despite the fact that close to Rs 140 crore has been obtained by the group.
Nov 28, 2014, 16:30 PM IST
SC refuses to give early hearing to Subrata Roy on medical grounds
Roy and two Sahara directors are in judicial custody from March 4 for not complying with the 2012 order of the apex court to return investors money.
Nov 26, 2014, 10:53 AM IST
Subrata Roy moves SC for medical treatment
Sahara chief Subrata Roy Tuesday moved the Supreme Court seeking direction to the Tihar jail authorities - where he has been lodged since March 4 - to be shifted to a private hospital for the treatment of his ailments.
Nov 25, 2014, 22:25 PM IST
Sahara chief Subrata Roy shells out Rs 31 lakh for Tihar's special facilities
Roy was allowed by the Supreme Court to use the jail's conference room to negotiate sale of his hotels in order to collect Rs 10,000 crore for his bail.
Oct 31, 2014, 19:06 PM IST
Sahara eyes hedge fund support to secure Subrata Roy's release: Report
Sahara group is believed to be working on an over USD 1 billion debt refinancing deal with two American hedge funds for raising funds to secure release of its jailed chief Subrata Roy, a media report said Sunday.
Oct 12, 2014, 19:39 PM IST
Subrata Roy moved back to jail, special facilities withdrawn
Sahara chief Subrata Roy was Wednesday sent back to his cell in Tihar jail at the end of the period granted by the Supreme Court to stay at an air conditioned facility in the complex to negotiate sale of his overseas luxury hotels.
Oct 01, 2014, 23:15 PM IST
Sahara case: Subrata Roy seeks 15 more days from SC to sell properties
Sahara Chief Subrata Roy told the Supreme Court that almost finalised deal to sell his three luxury hotels in New York and London has hit a roadblock and is on the verge of collapse and sought 15 days more time to sell the properties to raise Rs 10,000 crore to be deposited with SEBI to get bail.
Sep 05, 2014, 17:47 PM IST
SC grants Subrata Roy 15 more working days to sell hotels
Roy, who has been in jail for over five months, said that he cannot reveal the name of the party and the bank, saying that their confidentiality has to be protected till the deal is signed.
Aug 14, 2014, 17:46 PM IST
Subrata Roy seeks 15 days more from SC to wind up negotiations with buyers
Sahara chief Subrata Roy has sought 15 days more from Supreme Court to wind up negotiations with potential buyers to sell his three luxury hotels in New York and London to raise Rs 10,000 crore to get regular bail.
Aug 13, 2014, 21:26 PM IST
