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 . 61K 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 . 7K 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 . 7K views . 7 min read
True – Tr...
Recently posted . 6K views . 83 min read
More in
NEW DELHI: Seven months after declaring instant triple talaq unconstitutional, the Supreme Court (SC) today agreed to examine the constitutional ...
Recently posted. 542 views . 1 min read
Panaji: Three of the 18 people captured from crosswise over Goa and Maharashtra regarding the Army exam paper leak were grabbed from a bar in North Goa's Anjuna...
Recently posted. 576 views . 9 min read
Forests are quickly disappearing and if we don't act soon to regain the lost cover, we might soon bear the brunt. In the last quarter of 20th century, forest ...
Recently posted. 734 views . 4 min read
Recently posted . 1K views
Recently posted . 987 views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views . 35 min read
Recently posted . 1K views . 126 min read
HIGHLIGHTS
*In kiki challenge, people step out of their cars, and dance to the tunes of sin...
Recently posted. 530 views . 3 min read
In series of tweets minister said that "In view of Covid-19, it has been ordered to temporarily suspend the collection of toll at all toll plaza across India...
Recently posted. 479 views . 2 min read