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Sahara, SEBI and SC Saga

Author: Anurag K Agarwal
Publisher: [London] : SAGE, 2016.
Series: SAGE knowledge. Cases.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
The case deals with the Supreme Court's decision of August 31, 2012, ordering Sahara to refund Rs. 24,000 crores and interest to SEBI, so as to refund to the real investors. Despite unambiguous orders, Sahara did not comply fully and kept on prolonging the matter using a number of pretexts, ultimately resulting in Roy's arrest. The case has been primarily written for easy understanding of facts, principles of  Read more...
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Genre/Form: Electronic books
Case studies
Additional Physical Format: Print version:
Agarwal, Anurag K.
Sahara, SEBI and SC Saga.
[London] : SAGE, 2016
(OCoLC)1017712822
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Anurag K Agarwal
ISBN: 9781473975316 147397531X
OCLC Number: 1104227776
Notes: Originally Published in: Agarwal, A. K. (2014). Sahara, SEBI, and SC Saga. BP0370. Ahmedabad: Indian Institute of Management, Ahmedabad.
Description: 1 online resource (1 online resource) : illustrations (black and white, and colour).
Series Title: SAGE knowledge. Cases.
Responsibility: Anurag K. Agarwal.

Abstract:

The case deals with the Supreme Court's decision of August 31, 2012, ordering Sahara to refund Rs. 24,000 crores and interest to SEBI, so as to refund to the real investors. Despite unambiguous orders, Sahara did not comply fully and kept on prolonging the matter using a number of pretexts, ultimately resulting in Roy's arrest. The case has been primarily written for easy understanding of facts, principles of corporate governance, and further developments, as mentioned in judgment, which runs into hundreds of pages. It depicts the legal journey of the fight between a company and the financial regulator in the country.

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