Subrata Roy's Sahara group overvalued properties: SEBI to Supreme Court

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SEBI told the Supreme Court that Sahara group overvalued its properties and did not hand over all original title deeds of assets worth Rs 20,000 cr. Reuters SEBI told the Supreme Court that Sahara group overvalued its properties and did not hand over all original title deeds of assets worth Rs 20,000 cr. Reuters
SummarySEBI said Subrata Roy's the Sahara group has defied Supreme Court orders; bench furious.

10,000 crore in first week of January and the remaining amount in first week of February.

The group, which had handed over the draft of Rs 5,120 crore on December 5, has failed to pay the rest of the amount.

The two companies, their promoter Roy and directors Vandana Bhargava, Ravi Shankar Dubey and Ashok Roy Choudhary were told to refund the collected money to the regulator.

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