Supreme Court Reluctant To Allow ED Attachment Of Sahara Properties, Says Investors Will Get Nothing

Debby Jain

4 Sept 2024 10:10 AM IST

"Enforcement Directorate also has to realise which cases they have to move, which cases they should restrain themselves," the Court said during the hearing.

During the hearing of contempt pleas filed against Sahara India, the Supreme Court yesterday called on the conglomerate to place before it a scheme as to how it plans to deposit the outstanding sum in the Sahara-SEBI Refund Account. The Court also asked the company to give a list of its unencumbered properties.The matter was before a bench of Justices Sanjiv Khanna, MM Sundresh and Bela...

Supreme Court Reluctant To Allow ED Attachment Of Sahara Properties, Says Investors Will Get Nothing

Debby Jain

"Enforcement Directorate also has to realise which cases they have to move, which cases they should restrain themselves," the Court said during the hearing.

Tags