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Legal proceedings against Sahara Group to go on: Sebi chairperson

Sebi is yet to recover Rs 62,000 crore from the Sahara Group. As on March 31, 2023, Sebi has received 19,650 applications involving 53,687 accounts. Refunds have been made with respect to 17,526 applications involving 48,326 accounts for an aggregate amount of Rs 138.07 crore.

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Subrata Roy dies at 75: Seven things to know about Sahara Group founder

Sahara Group chief Subrata Roy has passed on due to a cardiorespiratory arrest. He was 75 years old

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Undistributed funds worth over Rs 25,000 cr with Sebi in focus after death of Subrata Roy

Undistributed funds worth over Rs 25,000 cr with Sebi in focus after death of Subrata Roy
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Subrata Roy | Undistributed funds worth over Rs 25,000 crore with Sebi in focus after death of Subrata Roy

After a long process of appeals and cross-appeals, the Supreme Court on August 31, 2012 upheld Sebi's directions asking the two firms to refund the money collected from investors with 15 per cent interest

Amit shahSubrata roySupreme courtExchange board of india sebiCentral registrar of cooperative societiesSupreme court onSahara india real estate corporation ltdSahara groupSahara housing investment corporation ltdIndia real estate corporation ltdOptionally fully convertible bondsExchange boardCooperation minister amit shahSahara refund portalCentral registrarCooperative societies

Subrata Roy Sahara s Rs 25000 crore lying with SEBI, will investors get their money back? Details inside

Sahara Group's chief Subrata Roy passed away in Mumbai on Tuesday night at the age of 75 after battling a prolonged illness.

Subrata royAmit shahSahara housing investment corporation ltdSahara groupSupreme courtExchange board of india sebiSupreme court onSahara india real estate corporation ltdCentral registrar of cooperative societiesExchange boardIndia real estate corporation ltdOptionally fully convertible bondsCooperation minister amit shahSahara refund portalCentral registrarCooperative societies