Subrata Roy Sahara

Cooperation Minister Amit Shah on Tuesday said a refund of Rs 6,841.86 crore has been disbursed to 35.44 lakh depositors of Sahara Group Cooperative Societies so far. The refund has been given to 35.44 lakh depositors out of 1.41 crore who have submitted applications through the Sahara Refund and Re-submission Portals, he said in a written reply to the Lok Sabha. Presently, a payment of up to Rs 50,000 is disbursed to each genuine depositor of the Sahara Group of Cooperative Societies against verified claims through Aadhaar-seeded bank accounts. "The Ministry is taking all possible steps for payment to the genuine depositors...," Shah said. The Supreme Court has extended the time till December 31, 2026 for disbursement to the genuine depositors of the Sahara Group of Cooperative Societies. According to the minister, applications received on the portal are processed in a transparent manner, on proper identification and on submitting proof of their identity and deposits. The ...

The funds are expected to be used for pro-poor programmes or public welfare, the report stated

People from all walks of life condoled his death, with many including UP Chief Minister Yogi Adityanath paying tribute on social media

With Subrata Roy's death, a chapter of financial violations, described by many as one of India's biggest Ponzi schemes, comes to an end

Subrata Roy, the founder and chairperson of the Sahara India Pariwar passed away at 75 in Mumbai after a prolonged illness. >

According to the company statement, he was admitted to the Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute in Mumbai on Sunday after his health deteriorated

Move follows non-payment of dues amounting to Rs 6.42 crore levied for flouting regulatory norms

The High Court (HC) had asked Sahara to convey a plan for refunding the matured deposits of investors

The Supreme Court on Thursday set aside the Patna High Court orders in an anticipatory bail case including the one directing Sahara Group chief Subrata Roy to appear before it

Asserts that by representing the OFCD as pvt placement, issuers deprived subscribers of various measures of investor protection

During the hearing on April 27, the Patna High Court had asked the lawyer of Sahara India to submit a detailed report on how Sahara India will return the money of investors of Bihar

The docuseries tells life stories of India's most notorious billionaires - Nirav Modi, Subrata Roy, Vijay Mallya and Ramalinga Raju

"Bad Boy Billionaires" is a documentary series about liquor tycoon Vijay Mallya, Sahara group's Subrata Roy, Indian IT executive Ramalinga Raju and jeweller Nirav Modi

Regulator bars Sahara firms, Roy and its directors from dealing in securities markets for a period of 4 years

SC cautioned that Roy's cheque of Rs 552.21 cr must be realised within the July 15 deadline

The judge had a series of gastro-related queries

Apex court also extended its interim order releasing Subrata Roy and two other directors on parole