SC verdict on Sahara Group's plea against SAT order today - NewsX
  • 5 years ago
The Supreme Court will today pass its judgement on Sahara Group's plea challenging the Securities Appellate Tribunal (SAT) order directing two of its companies to refund around Rs 17,400 crore to their investors. A bench of justices K S Radhakrishnan and J S Khehar which had reserved the verdict on June 14 after extensively hearing the arguments on behalf of the company and SEBI, will pass the judgement. The Tribunal's decision was earlier stayed by the apex court which had on January 9 also admitted the appeal filed by the Sahara Group. "We want the amounts of the investors to be secure. You can also give a bank guarantee or list of the assets of the company," the apex court had said.

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