Fresh trouble for Sahara Group; SC seeks reply on I-T return notice

Last Updated: Friday, September 4, 2015, 14:02

In what could spell fresh trouble for Sahara chief Subrata Roy, the Supreme Court has asked the company to reply to the notice sent by Income Tax department.

Sahara chief Subrata Roy to be released on bail today?

Last Updated: Thursday, May 14, 2015, 09:09

Last week Sahara Group had informed the SC that it was ready to comply with the court's order of paying Rs 10,000 crore for Roy's bail including a bank guarantee of Rs 5000 crore.

Sahara Group agrees to pay Rs 10,000 crore to ensure Subrata Roy`s bail

Last Updated: Friday, May 8, 2015, 19:02

The apex court on August 31, 2012 had said the group was required to refund Rs 24,000 crore with 15 percent interest in three months to the depositors.

Sahara agrees to pay remaining amount to ensure Subrata Roy's bail

Last Updated: Friday, May 8, 2015, 16:45

Sahara Group said that it will pay the entire bail amount by next week.

Sahara says submissions to SC can't be subject of media trial

Last Updated: Wednesday, March 25, 2015, 20:13

Uncertainties loom large over embattled Sahara's fund raising plans even as the group today said that its proposed arrangements to raise money for release of its chief Subrata Roy cannot be subjected to public debate and speculative media trials.

SC gives three months time for Sahara for concluding deal

Last Updated: Monday, March 23, 2015, 16:27

Expressing "prima facie satisfaction", the Supreme Court today granted three months time to Sahara Group for selling its offshore properties for raising Rs 10,000 crore to ensure the release of its Chief Subrato Roy, who has been in jail for a year for non-refund of over Rs 20,000 crore to depositors.

Roy fails to get early hearing on special facilities

Last Updated: Friday, February 20, 2015, 20:07

Sahara Group's lawyer Keshav Mohan, said the application is now listed for hearing on Tuesday.

Sahara moves SC for extension of facilities to Subrata Roy in jail

Last Updated: Tuesday, February 17, 2015, 14:11

Supreme Court on Tuesday expressed concern over how Sahara Group would raise money to secure its chief Subrata Roy's release, as the group sought extension of facilities inside Tihar jail premises by four to six weeks to enable him negotiate deals with prospective buyers.

Sahara moves SC for extension of facilities by 6 weeks to Subrata Roy

Last Updated: Tuesday, February 17, 2015, 11:21

Sahara Group on Tuesday moved the Supreme Court seeking extension of facilities by six weeks given to its jailed chief Subrata Roy for striking deals with various persons.

Supreme Court asks Sahara to submit fresh fundraising plans

Last Updated: Wednesday, February 11, 2015, 17:17

SC has asked conglomerate Sahara to submit a fresh plan for raising funds against its properties after the collapse of negotiations with a U.S.-based firm last week.