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What is Subrata Roy Sahara Case Overview about?

The Supreme Court of India issued a non-bailable warrant against Sahara chief Subrata Roy in 2014 for repeatedly failing to refund over Rs 20,000 crore to investors as directed by the Securities and Exchange Board of India (SEBI). SEBI had restricted Sahara from raising capital through securities in 2011 due to concerns over its fundraising activities. The case involved multiple appeals and court orders over the years as Sahara and SEBI disputed the matter. Ultimately, the Supreme Court ruled in favor of SE

Author

aksr27

Language

EN