Subrata Roy agrees to pay Rs 1,500 crore to SEBI; parole extended
Thursday, April 27, 2017 IST
Sahara chief Subrata Roy on Thursday aforementioned that he would pay Rs 1,500 crore. within the SEBI-Sahara account on or before June 15.
Roy's undertaking came during the hearing of a case involving him and the Securities and Exchange Board of India (SEBI) over a dispute of returning money to its investors.
Roy would furnish a post-dated cheque of Rs 552 crore to be realised by July 15. The apex court also warned Roy that he may be sent to jail again if the amount is not paid.
The top court also extended his parole till June 19. It also asked him to be present in court on June 19, the next date of hearing.
Meanwhile, the Supreme Court asked Bombay High Court's official liquidator to prepare terms for auctioning Aamby Valley for its approval on June 19.
Related Topics
Trending News & Articles
While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content.
...
Recently posted . 64K views . 1 min read
The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...
Recently posted . 10K views . 1 min read
Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million.
Rahul and his girl friend was th...
Recently posted . 9K views . 7 min read
True – Tr...
Recently posted . 8K views . 83 min read
More in
A total of 80 outlets have been hit by the cutoff in supplies by Radhakrishna Foodland.
Recently posted. 833 views . 0 min read
Mr Pokhriyal said institutions desirous of starting the course can do so and admissions will be done from this session itself.
Recently posted. 745 views . 0 min read
Air pollution in the Capital has been making news, however shouldn't something be said about commotion? Despite the fact that commotion has been viewed as...
Recently posted. 1K views . 35 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 1K views
Recently posted . 1K views . 48 min read
Recently posted . 4K views . 94 min read
Minister of State for Labour and Employment (Independent Charge) Santosh Kumar Gangwar says, the Bill would ensure Right to Sustenance for every worker and intends ...
Recently posted. 900 views . 1 min read
Unlike before, when an Indian prime minister's visit to Pakistan was responded with terrorist strikes, Navjot Singh Sidhu said his trip resulted in a "me...
Recently posted. 897 views . 1 min read