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The Sahara Scam involved Sahara India Real Estate Corporation Ltd and Sahara Housing Investment Corporation Ltd raising nearly ₹24,000 crore from over 30 million investors through Optionally Fully Convertible Debentures, which the Supreme Court ruled were public issues requiring SEBI oversight. The court ordered Sahara to refund the amount with interest, leading to the arrest of Subrata Roy for contempt of court due to non-compliance. The case highlights significant regulatory failures and investor protecti
- Author
- Daisy sulya
- Language
- EN