Friday, October 19, 2012

SEBI free to take act against Sahara if investors money not refunded: SC | ummid.com

SEBI free to take act against Sahara if investors money not refunded: SC | ummid.com
By its Aug 31 verdict, the apex court had directed Sahara group's real estate companies SIRECL and SHICL to return to investors Rs.17,400 crore with 15 percent interest that it had mopped up through optionally fully convertible debentures (OFCDs) in 2008 and 2009.