Roy has also assured all Sahara investors that they would get their invested amount with full interest and an additional interest would be paid even for a day's delay.
The commission also imposed a cost of Rs 2 lakh on the Chief Executive of Sahara India Commercial Corporation, along with a stern advice of caution for its unfair trade practices
The refunded amount includes Rs 56.86 crore of principal and Rs 49.24 crore paid as interest for 13,543 refund claims made by bondholders of two Sahara group firms
US President Donald Trump and hotelier Conrad Hilton were previous owners of one of the most iconic landmarks in New York City
Despite paying off 95% of investors, Sahara India had to pay Rs 19,000-cr to market regulator Sebi