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

Internet Shutdown 2021: World lost 400 million due to internet shutdown, the internet remained closed for 1,157 hours in India

Internet is closed in all the countries of the world. Sometimes the government shuts down the int

Arvind Kejriwal: AAP to protest against Kejriwal's arrest today near BJP headquarters across the country

Aam Aadmi Party will protest at BJP headquarters across the country on Saturday against the arres

Attention 18 to 59 years old: Get a booster dose of corona for free, understand where and how; If you are late you will not get free service

People in the age group of 18 to 59 years can get a booster dose of corona for free. The country

Vaishno Devi: 30 people died in a landslide on the Vaishno Devi Yatra route, Jammu's rail-road connectivity with the country was cut off; alert today too

30 people have died due to a landslide in the Ardhkumwari area of ​​​​the Shri Mata Vaish

Search on for missing Navy personnel

Panaji, March 26 (IANS) The search is still on for two Indian Navy personnel who went missing a

Lock Upp: Kangana got furious when the false news of low views of the lockup went viral, said - how much does she burn?

Kangana Ranaut's show Lock-Up is in a lot of discussions these days. Every day something happens

Delhi Election: 18 thousand rupees every month, what is AAP's 'Pujari-Granthi Samman Scheme'? Kejriwal will launch the scheme today.

AAP, which is embroiled in controversies over registration in Mukhyamantri Mahila Samman Yojana a

Accused of inciting riots in the race for Nobel Peace: Zubair nominated to stop hate speech; 7 cases on him, 22 days in jail

The Nobel Peace Prize will be announced on 7 October. According to Time magazine, two Indian citi

50 thousand soldiers deployed in Eastern Ladakh: China's conspiracies will be foiled, China has not reduced the number of soldiers on the border

This time in eastern Ladakh, the Indian Army is on alert mode to keep an eye on the misdeeds of C

Major accident in eastern Taiwan, 48 people killed due to derailment of train; Many injured

In eastern Taiwan, 48 people died after a train partially derailed after hitting a vehicle fallin

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