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Present situation:

Sahara, once the sponsor of India's national cricket team, has been embroiled in a battle with
SEBI over repaying billions of dollars to investors who put their money in a bond scheme that
was later ruled to be illegal. Attorney General flags concern before Supreme Court over media
comments in pending cases 13 Oct, 2020, 07.37 PM. The Sahara group broken its silence and
said it re – paid Rs 3,226 crore in last 75 days to its depositors, and said it would repay every
depositor. Hopeful of all its problems getting resolved this year, embattled Sahara group's chief
Subrata Roy has said two large foreign investors have been roped in for real estate and city
development businesses and nearly ₹22,000 crore deposited with regulator Sebi will also
eventually come back. He, however, said these problems would be resolved soon as "two
esteemed foreign investors with huge funds are coming with us in our real estate and city
development businesses”. “Keeping in mind the directions of the Supreme Court, certain
agreements have been signed, which will resolve Sahara's problems within this year, that is
2020," Roy said. 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.

 Defending Sebi on saradha scam


 Sebi cancels Sahara India financial corps’ registration as sub – broker
 Refund money or pay interest

Reference:
https://economictimes.indiatimes.com/topic/Sahara-India

http://www.sahara.in/

https://www.finlearnclub.com/blog/sahara-scam-full-story-explained

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