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Union Home Minister Amit Shah on Thursday said 10 crore investors whose money was stuck in the four cooperative societies run by the Sahara group will get back their money with interest. The process to return their investments with interest will be initiated in three-four months, Shah said. Making the announcement at an event organised by the Uttarakhand cooperative department at Rishikul ground here, Shah said the Supreme Court has issued orders to return the money of investors who had invested in Sahara group cooperative societies. The Ministry of Cooperation had been pursuing the matter consistently, Shah said. With the Supreme Court order in the favour of investors, those who had invested in the four cooperative societies of the Sahara group should send their claims to the central registrar of cooperative societies, he said.
The High Court (HC) had asked Sahara to convey a plan for refunding the matured deposits of investors
Supreme Court stayed Patna High Court order directing DGP, Bihar, to produce Sahara Group chief Subrata Roy before it on May 16 in a matter
Court of Special Chief Judicial Magistrate, Lucknow issued summons to Netflix India Director Abhishek Nag, documentary director Nick Read, and Netflix Producer Reva Sharma, directing their appeara
The amount deposited in specially-opened bank accounts for the repayment purpose has swelled to over Rs 23,000 crore
The State Department has said the United States will open a consulate in Western Sahara following President Donald Trump's decision to recognise Morocco's sovereignty over the disputed region
Alleging irregularities, the Central Registrar of Cooperative Societies has sought a probe by the SFIO into investments made by four cooperatives associated with the Sahara group
The cost of driving Sahara Evols Electric Vehicles in an average can go as low as 20 paise per kilometer against the cost of Rs 2 per kilometer on petrol vehicles
A bench headed by Chief Justice Ranjan Gogoi noted that the group has deposited only Rs 15,000 crore
AAI slapped a notice terminating the 2002 lease agreement and warning of the consequences for alleged failure on the part of Sahara Hospitality Ltd (SHL) to pay up the outstanding lease dues
Sahara alleged that insurance regulator has 'wrongly concluded' that it was no more 'fit and proper'
Properties are estimated to be worth about Rs 7,400 crore for Sahara. Deadline extended to May 20
SUMSL was asked to give copies of brochures and other promotional documents
At stake: Iconic hotels in New York, London's Grosvenor House; Value: Rs 3,697 cr
The society floated by Sahara employees had grown into a beast of massive proportions
Subrata Roy cites demonetisation and economic slowdown for extension of time to pay Rs 600 cr
Sahara has already paid Rs 10,918 crore to the market regulator
It brushed aside key arguments that rendered improbable Sahara's "disgruntled employee" theory
Sahara Group presented in the SC a roadmap for repayment of an outstanding amount of over Rs 11,136 crore to SEBI