Supreme Court · 2014 INSC 418 · Decided 4 June 2014
S.E.B.I. v. Sahara India Real Estate Corporation LTD. & ORS.
- Court
- Supreme Court of India
- Citation
- 2014 INSC 418 · [2014] 13 S.C.R. 1011
- Case number
- CIVIL APPEAL No. 8643/2012
- Decided
- 4 June 2014
- Bench
- T.S. THAKUR, A.K. SIKRI (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
Headnote
Scams - Investor-fraud case - Invitation/collection of deposits from general public in the form of 'Optional Fully Convertible Debentures'-OFCD by a group - Direction by SEBI to the Company not A B c D to offer equity shares/OF CDS or any other securities to public or invite subscriptions - In appeal, the High Court issuing E further directions to the promoter and the directors of the Company to jointly and severely refund the amount
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