.... State (NCT of Delhi) (2010) 6 SCC 1, SCC paras 297-303 and Sahara India Real Estate Corpn. Ltd...Order1. The petitioner has approached this Court by way of the writ petition under Article 32 of the Constitution of India praying for writ of mandamus or appropriate...

...prayers made in the writ petition reveals, that in sum and substance the petitioner has assailed the order dated 4-3-2014 passed by us in SEBI v. Sahara India Real Estate Corpn. Ltd...the two separate affidavits filed by Sahara India Real Estate Corpn. Ltd. (hereinafter referred to as “Sirecl”) and Sahara Housing Investment Corpn. Ltd. (hereinafter referred to as “Shicl”) dated 4...being extracted hereinbelow: (Sahara India Real Estate Corpn. Ltd. case (2013) 1 SCC 1)“2. (a) details regarding the filing...

...that SEBI requires an explanation from the Saharas with regard to the payments made on behalf of Sahara India Real Estate Corpn. Ltd. (Sirecl) (partnership firm) by the following firms, as mentioned...(2013) 1 SCC 1 or the order passed by the three-Judge Bench of this Court on 5-12-2012 in Sahara India Real Estate Exchange Corpn. Ltd. v. SEBI...(2013) 2 SCC 733259 and on 25-2-2013 in Sahara India Real Estate Corpn. Ltd. v. SEBI (2013) 2 SCC 738264, we are inclined to grant interim bail to the contemnors who are detained by virtue of our order...

...under the Securities Contracts (Regulation) Act, 1956 (for short “the SCR Act”).2. Sahara India Real Estate Corpn. Ltd. (for short “Sirecl”) and Sahara Housing...information is being made by Sahara India Real Estate Corpn. Ltd. (formerly Sahara India ‘C’ Junxion Corpn. Ltd.) which is an unlisted company and neither its equity shares nor any of the bonds/debentures are...memorandum for private placement is neither a prospectus nor a statement in lieu of prospectus. It does not constitute an offer for an invitation to subscribe to OFCDs issued by Sahara India Real Estate Corpn. Ltd...

...Indian property (at Gorakhpur) at a price lower than 5% of estimated value [in terms of order dt. 4-6-2014, Sahara India Real Estate Corpn. Ltd...balance — Even though contemnors did not comply with directions, Supreme Court showed compassion by passing interim bail order dt. 26-3-2014, in Sahara India Real Estate Corpn. Ltd...22,000 crores from the public in an illegal and unauthorised manner, are made accountable for the same in the manner it is directed vide orders dated 31-8-2012, in Sahara India Real Estate Corpn. Ltd...

....”23. In Sahara India Real Estate Corpn. Ltd. v. SEBI (2013) 1 SCC 1, this Court has noticed that though the Indian Companies Act, 1956 was modelled on the English Companies Act, 1948, no...guaranteed under Section 15-Z of the Securities and Exchange Board of India Act, 1992 (for short “the SEBI Act”) has been invoked challenging a joint order dated 5-10-2012 passed in...Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003 (for short “the 2003 Regulations”). Consequently, a notice...

...read along with Article 248 of the Constitution and not Entry 48 of List I or Entry 18 of List II. By relying upon the recent decision of this Court in Sahara India Real Estate Corpn. Ltd...considered by this Court in a recent decision in Sahara India Real Estate Corpn. Ltd. (2013) 1 SCC 1 wherein this Court has stated as under...PGF Ltd. v. Union of India (2005) 124 Comp Cas 201 (P&H) dated 26-7-2004. Since the Division Bench has dealt with elaborately the background of the case for filing the writ...

...T.S Thakur, J.— Sahara India Real Estate Corpn. Ltd. (Sirecl) and Sahara Housing Investment Corpn. Ltd. (Shicl) (hereinafter referred to as “Saharas”, for short) invited and...SCC 733259 and those issued on 25-2-2013 in Sahara India Real Estate Corpn. Ltd. v. SEBI (2013) 2 SCC 738264 had not been complied with, despite sufficient opportunities to the contemnors to do so. It...compliance with our order dated 31-8-2012 (2013) 1 SCC 1 or the order passed by the three-Judge Bench of this Court on 5-12-2012 in Sahara India Real Estate Exchange Corpn. Ltd...

...does not prevent the applicants from executing/enforcing the judgment dated 11-8-2015 passed by Ncdrc against Sahara India Commercial Corporation Ltd. in Sahara Grace Consumers Grievance Assn. v. Sahara India Commercial Co. Ltd. 2015 SCC OnLine NCDRC 3553 We see no reason to decline that prayer. We accordingly clarify that our order dated 21-11-2013 passed in SEBI v. Sahara India Real Estate Corpn. Ltd...dated 11-8-2015 2015 SCC OnLine NCDRC 3553 of Ncdrc passed against Sahara India Commercial Corporation Ltd. in Consumer Complaint No. 47 of 2009 in accordance with law.IA No. 167 of 201619. Heard. On the analogy of the order passed in IA No. 166 of 2016 we clarify that our order dated 21-11-2013 passed in SEBI v. Sahara India Real Estate Corpn. Ltd...in SEBI v. Sahara India Real Estate Corpn. Ltd. (2014) 5 SCC 429 It is submitted by the learned counsel for the intervenor that intervenor...

...that CCDs are not loans and should be reckoned as 'capital instruments'. He further relied on the judgment of the Hon'ble Supreme Court in the case of Sahara India Real Estate Corporation Limited and Sahara India Real Estate Corpn. Ltd...nature. It was accepted by the Hon'ble Supreme Court in the case of Sahara India Real Estate Corpn. Ltd. (supra) while assigning the jurisdiction to SEBI as an 'equity instrument'. Further, the policy of...pricing proceedings, the assessee benchmarked the weighted average rate of Prime Lending Rate (PLR) as per the State Bank of India (SBI), which was at 12.26%. Since the rate of interest paid by it is lesser...

...) Nos.412 & 413/2012 In C.A. Nos.9813 & 9833/2011AndC.P.(C) No.260/2013 In C.A. No.8643/2012- S.E.B.I. vs. Sahara India Real Estate Corpn. Ltd. & Ors.: 1. As...of Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited (SHICL) are pending before the Hon'ble Supreme Court. Accordingly, the information sought is...BOARD OF INDIA Appeal No. 4651 of 2022 G Kannan : Appellant Vs CPIO, SEBI, Mumbai : Respondent...

...Order1. This appeal is directed against the judgment and order dated 29-11-2012, passed by the Securities Appellate Tribunal, in Sahara India Real Estate Corpn. Ltd...9833 of 2011, this Court was concerned with the powers of the Securities and Exchange Board of India (SEBI) under Section 55-A(b) of the Companies Act, 1956, to administer various provisions...relating to issue and transfer of securities to the public by listed companies or companies which intend to get their securities listed on any recognised stock exchange in India and also the question...

...context, the learned Senior Counsel relied upon Sahara India Real Estate Corpn. Ltd. v. SEBI (2013) 1 SCC 1, (2012) 8 Scale 101....76. We are not inclined to accept the aforesaid submission. In the aforesaid judgment in Sahara India Real Estate Corpn. Ltd. (2013...submission, he relied on the judgment of this Court in Union of India v. Jesus Sales Corpn. (1996) 4 SCC 69 The submission cannot be brushed aside...

..."ble Supreme Court passed in SEBI v. Sahara India Real Estate Corpn. Ltd., (2014) 5 SCC 429, wherein...interests of the investors over punitive measures for the crime alleged to be committed. The relevant portion of SEBI v. Sahara India Real Estate Corpn. Ltd... question, whether the respondents have complied with the various conditions stipulated in our judgment dated 31-8-2012 [Sahara India Real Estate Corpn. Ltd. v. SEBI...

..."ble Supreme Court passed in SEBI v. Sahara India Real Estate Corpn. Ltd., (2014) 5 SCC 429, wherein...interests of the investors over punitive measures for the crime alleged to be committed. The relevant portion of SEBI v. Sahara India Real Estate Corpn. Ltd... question, whether the respondents have complied with the various conditions stipulated in our judgment dated 31-8-2012 [Sahara India Real Estate Corpn. Ltd. v. SEBI...

...) Guidelines, 2000, the Securities Contracts (Regulation) Act, 1956, etc. ITA No.5772/Del/2010 In Sahara India Real Estate Corpn. Ltd. & Others (supra), inter alia, the assessee had contended that OFCDs...no different from those of Sahara India Real Estate Corpn. Ltd. & Others (supra), i.e., the assessee before the Honble Supreme Court in the aforesaid case, and once such OFCDs are securities, they are...has held debentures to be covered by the term loan. However, that decision is dated 13.12.2011 and the Honble High Court obviously did not have the benefit of the Supreme Court decision in Sahara India Real Estate Corpn. Ltd...

...0 33,21,506/- : 5 : 0 -9813/2011 S.E.B.I. Vs. Sahara India Real Estate Corpn. Ltd.... Office at Sahara India Centre 2 Kapoorthala Complex Aliganj Lucknow 226024 U.P. ............Opp.Party(s) BEFORE: HON'BLE MR...Limited (Through its CEO & Directors) Having its Regd. Office At Sahara India Centre, 2, Kapoorthala Complex, Aliganj, Lucknow-226024, Uttar Pradesh, India...

...from Sahara India Real Estate Corpn. Ltd., Lucknow, prolonged for more than 10 years now. ii. Having exhausted normal avenues, complained to SEBI, New Delhi and Mumbai of 6th Nov...India, Lucknow (Decision dated September 6, 2012), had held that: "The Appellant is informed that redressal of grievance does not fall within the ambit of the RTI Act rather it is up to the...accordingly dismissed. Place: Mumbai S. RAMAN Date: October 8, 2013 APPELLATE AUTHORITY SECURITIES AND EXCHANGE BOARD OF INDIA ...

...described as a “basic human right”, “a natural right” and the like.113. The observations in Sahara India Real Estate Corpn. Ltd...on the constitutional duties that all citizens are expected to discharge.127. In Sahara India Real Estate Corpn. Ltd...dangerous circumstances and anarchy may become the order of the day.141. In Sahara India Real Estate Corpn. Ltd...

...for the assessee, on the other hand, has sought to place reliance on the order dated 31.08.2012 passed by the Hon'ble Supreme Court of India in Civil Appeal No.9813 of 2011, in Sahara India Real Estate Corpn. Ltd...India (Disclosure and Investor Protection) Guidelines, 2000, the Securities Contracts (Regulation) Act, 1956, etc. In Sahara India Real Estate Corpn. Ltd. (supra), inter alia, the assessee..., undisputedly, the OFCDs of the assessee before us are no different from those of Sahara India Real Estate Corpn. Ltd. (supra), i.e., the assessee before the Hon'ble Supreme Court in the aforesaid case, and...