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Sahara investors to get back their money with interest: Amit Shah

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.

Sahara investors to get back their money with interest: Amit Shah
Updated On : 30 Mar 2023 | 10:47 PM IST

SC sets aside Patna HC order summoning Sahara group chief Subrata Roy

The High Court (HC) had asked Sahara to convey a plan for refunding the matured deposits of investors

SC sets aside Patna HC order summoning Sahara group chief Subrata Roy
Updated On : 15 Jul 2022 | 2:30 AM IST

SC stays HC order directing Bihar DGP to produce Sahara chief before it

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

SC stays HC order directing Bihar DGP to produce Sahara chief before it
Updated On : 13 May 2022 | 5:08 PM IST

Court summons Netflix and its officials in a criminal case filed by Sahara

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

Court summons Netflix and its officials in a criminal case filed by Sahara
Updated On : 13 Oct 2021 | 7:24 PM IST

Sebi's refund to Sahara investors inches up to Rs 129 crore in 9 years

The amount deposited in specially-opened bank accounts for the repayment purpose has swelled to over Rs 23,000 crore

Sebi's refund to Sahara investors inches up to Rs 129 crore in 9 years
Updated On : 05 Aug 2021 | 4:48 PM IST

Will open a consulate in disputed Western Sahara, process has begun: US

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

Will open a consulate in disputed Western Sahara, process has begun: US
Updated On : 25 Dec 2020 | 8:47 AM IST

Sahara: Registrar of cooperatives seeks SFIO probe; Group refutes charges

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

Sahara: Registrar of cooperatives seeks SFIO probe; Group refutes charges
Updated On : 03 Sep 2020 | 9:36 PM IST

Subrata Roy's Sahara enters automobile sector; to offer wide range of EVs

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

Subrata Roy's Sahara enters automobile sector; to offer wide range of EVs
Updated On : 04 Jun 2019 | 6:01 PM IST

SC directs Sahara chief Subrata Roy to appear before it on Feb 28

A bench headed by Chief Justice Ranjan Gogoi noted that the group has deposited only Rs 15,000 crore

SC directs Sahara chief Subrata Roy to appear before it on Feb 28
Updated On : 31 Jan 2019 | 4:46 PM IST

Airports Authority threatens to seize Sahara's hotel outside Mumbai airport

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

Airports Authority threatens to seize Sahara's hotel outside Mumbai airport
Updated On : 30 Nov 2018 | 8:23 PM IST

Sahara to challenge Irdai order

Sahara alleged that insurance regulator has 'wrongly concluded' that it was no more 'fit and proper'

Sahara to challenge Irdai order
Updated On : 31 Jul 2017 | 12:07 AM IST

Sahara extends bid deadline for 30 properties as Tata, Adani seek time

Properties are estimated to be worth about Rs 7,400 crore for Sahara. Deadline extended to May 20

Sahara extends bid deadline for 30 properties as Tata, Adani seek time
Updated On : 30 Apr 2017 | 2:50 PM IST
Updated On : 17 Apr 2017 | 4:17 PM IST

We submitted all documents, say Sahara cooperatives

SUMSL was asked to give copies of brochures and other promotional documents

We submitted all documents, say Sahara cooperatives
Updated On : 09 Feb 2017 | 1:07 AM IST

ED seeks SC nod to attach Sahara's foreign assets

At stake: Iconic hotels in New York, London's Grosvenor House; Value: Rs 3,697 cr

ED seeks SC nod to attach Sahara's foreign assets
Updated On : 08 Feb 2017 | 2:23 AM IST

Street Food: Dealing with multi-purpose monsters

The society floated by Sahara employees had grown into a beast of massive proportions

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Updated On : 06 Feb 2017 | 11:59 PM IST

SC denies Sahara more time to make Rs 600-cr payment

Subrata Roy cites demonetisation and economic slowdown for extension of time to pay Rs 600 cr

SC denies Sahara more time to make Rs 600-cr payment
Updated On : 12 Jan 2017 | 5:25 PM IST

Supreme Court to constitute bench to hear Sebi-Sahara refund case

Sahara has already paid Rs 10,918 crore to the market regulator

Supreme Court to constitute bench to hear Sebi-Sahara refund case
Updated On : 06 Jan 2017 | 8:28 PM IST

In rush to let off Sahara, tax commission ignored crucial evidence

It brushed aside key arguments that rendered improbable Sahara's "disgruntled employee" theory

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Updated On : 06 Jan 2017 | 11:46 AM IST

Sahara proposes to pay over Rs 11,000 crore to ensure 'absolute' release of Subrata Roy

Sahara Group presented in the SC a roadmap for repayment of an outstanding amount of over Rs 11,136 crore to SEBI

Sahara proposes to pay over Rs 11,000 crore to ensure 'absolute' release of Subrata Roy
Updated On : 29 Nov 2016 | 9:08 AM IST