SC gives Sahara 'final' chance to raise money


Posted on 23rd Mar 2015 05:49 pm by mohit kumar

New Delhi, March 23 (IANS) The Supreme Court on Monday gave Sahara a "final and last opportunity" to raise Rs.10,000 crore to make a part payment to investors for the money raised through OFCDs in 2008-09, for release of Subrata Roy and two directors from custody.

The apex court bench of Justice T.S.Thakur, Justice Anil R. Dave and Justice A.K. Sikri also permitted Sahara to sell some other properties within the country to raise balance amount.

The court gave Sahara three months' time to complete the transaction, including exploring other options available before it.

0 Like 0 Dislike
Previous news Next news
Other news

The installment of the care taken on loan was not deposited, when the recovery ones came, they set it on fire.

In Gwalior city of Madhya Pradesh, a car owner got so angry at the action of lifting the car of t

India-Australia match ticket prices soar

New Delhi, March 24 (IANS) The prices of tickets for the India vs Australia semifinal match of

DRDO: DRDO successfully tests state-of-the-art unmanned aircraft, knows the special features of Tapas UAV

Tapas Unmanned Aerial Vehicle (UAV) has completed 18 hours of flight testing. It has been designe

Rahul drank tea with the people on the Yamuna Bridge: Jairam said – In 2023 the journey from west to east will happen again, Bharat Jodo Yatra reached from UP to Haryana

Bharat Jodo Yatra has covered a distance of 130 km in UP and entered Haryana via the Panipat bord

Usman Khawaja: Usman Khawaja held a press conference with their daughter in his lap, and heart touching video went viral

Usman Khawaja took part in the press conference after scoring a brilliant century on the second d

Earthquake in Delhi: Earth shook for the second consecutive day in Delhi, an earthquake of 2.7 magnitude

Earthquake tremors have been felt once again in the capital Delhi at 4.42 pm on Wednesday. Let us

Delhi Excise Policy: CBI will search Manish Sisodia's locker in a short time, media gathering outside PNB Bank

The ruckus over the new excise policy in Delhi is not taking its name stop. On August 19, CBI rai

5G smartphones will be available in India at a low price, this company is bringing cheap chipset

America's tech company MediaTek has brought a new 5G smartphone chipset. The chipset launched und

Year Ender 2020: This great smartphone launched at less than 10000 price this year, know its features and price

The year 2020 is going to end. Although this year was not special for the mobile market, many com

Parliament Security Breach: 'Someone else is the mastermind', many important revelations made in the case of a breach in the security of Parliament

On Wednesday, a case of some people entering the Parliament came to light. The police are investi

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash