New Delhi: In a new twist in Sahara-SEBI case on the issue of refund of investors’ money, Subrata Roy today moved the Supreme Court challenging its order for detaining him for not depositing Rs 20,000 crore with the market  regulator. Appearing before a bench headed by Chief Justice P Sathasivam, senior advocate Ram Jethmalani pleaded […]

New Delhi: The Supreme Court Tuesday sent Sahara chief Subrata Roy and two of his directors to police custody till they presented the court an acceptable concrete proposal to return investors’ balance of Rs.19,000 crore that they had collected through optionally fully-convertible debentures. The raising of funds through optionally fully-convertible debentures was done by two […]