During a Supreme Court hearing on a case relating to Sahara and the Securities and Exchange Board of India (Sebi), the Sebi counsel Arvind Datar accused the business house of coming up with different theories on refunding investors at different points of time. All these had been struck down by the court repeatedly, he argued. Rajeev Dhawan, arguing for Sahara, later asked what was wrong with theorising, and pointed out that his client was only trying to explain its strategy. To this, judge T S Thakur said, "We are asking for one good explanation. Not five theories."
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