Subrata Roy Sahara and three other directors of Sahara Group were questioned by SEBI. Last Wednesday might have been a hard day for Subrata Roy Sahara and his co-directors as they were questioned by the Securities and Exchange Board of India. The questioning was mainly for finding out the real income sources of Sahara Group.
Market regulator SEBI has appealed to the Supreme Court demanding the arrest of Subrata Roy Sahara. Securities & Exchange Board of India is all set to arrest Subrata Roy Sahara. And SEBI has sought the permission of the Supreme Court for arresting the chief of Sahara.
December 16, 2012 – 1:51 pm
Sahara firms stated that they have already repaid their Real estate investors. Sahara groups’ Chairman Subrata Roy stated that the group’s real estate wings have finished refunding. The advertisement was published in one of the leading newspapers. Sahara advertisement, appeared on December- 9, stated that both Sahara India Real Estate Ltd and Sahara Housing Investment […]
November 28, 2012 – 9:16 am
Capital Market Regulator – SEBI filed criminal charges against Sahara Firms. Sahara officials said that they submitted the documents but the regulator refused to accept them. SEBI alleged Sahara Group that they have not followed the regulatory orders. Mr. Subrata Roy – Sahara Group’s Head, is alleged of neglecting the regulatory orders. As per the […]
Mega projects such as construction of the Formula 1 motor racing track were possible due to considerable political backing during the Bahujan Samaj Party (BSP) regime. However, farmers, caught in the recent land acquisition row in the same area are rejoicing after the UP election result. As a result Real estate experts in the Noida […]
By skgupta
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Posted in Property News
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Tagged Bahujan Samaj Party (BSP), farmers, Formula 1 motor racing track, industrialist Subrata Roy, lucknow, Mega projects, noida, Qubrex, Realty Focus, Sahara City Homes in Lucknow, Samajwadi Party’s, Sanjay Sharma, Uttar Pradesh
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The Counsel for the Sahara group of companies came in for some uncomfortable queries from the Supreme Court on Monday on its appeal against the bar on its recent schemes of raising the funds. Subrata Roy The Securities and Exchange Board of India had first banned two group entitites and their promoters from raising money. […]
