Tag: Subrata Roy
17 Results
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SC refuses to halt auction of Sahara’s Aamby Valley property
The Supreme Court on Thursday declined the plea of Sahara chief Subrata Roy to put on hold the auction of Aamby Valley. Refusing to postpone publication of sale notice for Aamby Valley on August 14, a bench headed by Justice Dipak Misra allowed the liquidator to go ahead with the auction. The Sahara Group had …
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August 10, 2017 -
Sahara moves SC to stall Aamby Valley auction
On July 25, the apex court had asked Sahara chief Subrata Roy to deposit Rs 1,500 crore.
August 9, 2017 -
Pay Rs. 1,500 crore by Sept 7 to avoid Aamby Valley auction: SC to Subrata Roy
The Supreme Court on Tuesday ordered Sahara chief Subrata Roy to deposit Rs.1,500 crore by September 7, failing which the process to auction Aamby Valley will start. The Sahara chief told the apex court that he won't be able to pay up the sum by the deadline. The top court then asked the Bombay High …
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July 25, 2017 -
SC takes note of deposit of Rs.710 cr by Sahara chief Subrata Roy
The Supreme Court on Wednesday noted that embattled Sahara chief Subrata Roy has deposited Rs. 710.22 crore in the SEBI-Sahara account, but warned that its cheque of Rs. 552.21 crore must be realised within the July 15 deadline. The apex court rejected Roy's request to extend time beyond July 15 for realisation of this cheque. …
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July 5, 2017 -
SC extends Subrata Roy’s parole till July 5, asks him to deposit Rs.709 cr
In fresh development to the case involving Sahara chief Subrata Roy and the Securities and Exchange Board of India (SEBI), the Supreme Court on Monday extended former’s parole till 5 July and granted him 10 more working days to deposit Rs. 709.82 crore with the Sahara-SEBI refund account. The top court had on 27 April …
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June 19, 2017 -
Sahara-SEBI case: SC extends Subrata Roy’s parole till 19 June
In another development to the case involving Sahara chief Subrata Roy and the Securities and Exchange Board of India (SEBI), the Supreme Court on Thursday extended Roy's parole till 19 June and warned him of imprisonment if he failed to pay the amount. In a written undertaking, Subrata Roy told the top court that he …
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April 27, 2017 -
NBW against Subrata Roy cancelled after he appears in court
A SEBI court on Friday cancelled its non-bailable arrest warrants against Sahara chief Subrata Roy and three of his group firms' directors after they appeared before it in a case filed by the SEBI against them. The special SEBI court cancelled the NBWs against them after they furnished fresh bail bonds of Rs two lakh …
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April 22, 2017 -
SC wants Aamby Valley auctioned, asks Sahara chief to appear for hearing on April 28
The Supreme Court on Monday asked Bombay High Court's official liquidator to sell the Rs.34,000 crore worth of properties of the Aamby Valley owned by the Sahara Group and directed its chief Subrata Roy to personally appear before it on April 28. "Enough is enough. You cannot say something today and resile tomorrow," a bench, …
April 17, 2017 -
Will auction Aamby Valley if money not deposited, SC tells Sahara
The Supreme Court said it will be "compelled" to auction its property valued at Rs.39,000 crore at Aamby Valley in Pune if the Sahara Group fails to deposit Rs.5092.60 crore in SEBI-Sahara refund account by 17 April in pursuance of its order. A bench headed by Justice Dipak Misra told the group that no extension of time …
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April 7, 2017 -
SC directs Sahara Group to deposit Rs.5,092.6 cr for Subrata Roy’s bail
Extending Subrata Roy’s parole, the Supreme Court (SC) on Tuesday asked Sahara Group to deposit Rs.5092.6 crore by April 7. “SC directs Sahara Group to deposit Rs 5092.6 crore for its chief Subrata Roy to get bail,” reports stated, adding, "The money should be deposited by April 7”. “Beleaguered Sahara Group Chief Subrata Roy’s parole …
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February 28, 2017 -
SC directs Sahara Group to deposit Rs.5,092.6 cr for Subrata Roy’s bail
Extending Subrata Roy’s parole, the Supreme Court (SC) on Tuesday asked Sahara Group to deposit Rs.5092.6 crore by April 7. “SC directs Sahara Group to deposit Rs 5092.6 crore for its chief Subrata Roy to get bail,” reports stated, adding, "The money should be deposited by April 7”. “Beleaguered Sahara Group Chief Subrata Roy’s parole …
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February 28, 2017 -
SC denies extra time to Subrata Roy to deposit Rs.600 cr
In a blow to Sahara chief Subrata Roy, the Supreme Court on Thursday refused to extend the February 6 deadline given to the beleagured business tycoon to deposit Rs.600 crore and instead threatened to send him back to jail. “If Sahara Chief does not pay the amount by Feb 6, he shall commit himself to …
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January 12, 2017 -
SC denies extra time to Subrata Roy to deposit Rs.600 cr
In a blow to Sahara chief Subrata Roy, the Supreme Court on Thursday refused to extend the February 6 deadline given to the beleagured business tycoon to deposit Rs.600 crore and instead threatened to send him back to jail. “If Sahara Chief does not pay the amount by Feb 6, he shall commit himself to …
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January 12, 2017 -
Subrata Roy’s parole continues, asked to pay Rs.600 cr by February 6
Sahara Chief Subrata Roy will continue to remain on parole as Supreme Court on Monday asked him to deposit Rs.600 crore by February 6 next year as the group submitted the road map for returning Rs.11,036 crore in next two and half years. Asking Sahara to deposit Rs.600 crore, the bench of Chief Justice T.S.Thakur, …
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November 28, 2016 -
SC asks Subrata Roy to surrender till September 30
The Supreme Court on Friday gave Sahara chief Subrata Roy time till September 30 to surrender. The court had earlier on Friday morning recalled its interim order granting him parole. The bench headed by Chief Justice of India TS Thakur also said that they will hear an application moved by Sahara on September 28. Read …
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September 23, 2016 -
Recall order cancelling parole: Roy urges SC
Sahara chief Subrata Roy on Friday urged the Supreme Court to recall its order cancelling his parole, officials said. Assuring to tender unconditional apology for declaring properties that were already under attachment by Income Tax authorities to market regulator SEBI, Roy urged the apex court to reconsider its decision. Meanwhile, Chief Justice TS Thakur said …
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September 23, 2016 -
Miffed SC cancels Subrata Roy’s parole
In a setback for Sahara chief Subrata Roy, the Supreme Court on Friday refused to extend his parole and directed the police to take him into custody. A bench headed by Chief Justice TS Thakur cancelled the "interim arrangements" of granting him parole as he got upset after learning that all the properties given by …
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September 23, 2016