{"id":140801,"date":"2017-07-05T18:33:17","date_gmt":"2017-07-05T13:03:17","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=140801"},"modified":"2017-07-05T18:33:17","modified_gmt":"2017-07-05T13:03:17","slug":"sahara-matter-no-extension-of-deadline-for-payment-of-rs-552-crore","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/05\/sahara-matter-no-extension-of-deadline-for-payment-of-rs-552-crore\/","title":{"rendered":"Sahara Matter: No extension of deadline for payment of Rs. 552 crore"},"content":{"rendered":"<p><strong>Supreme Court<\/strong>: The Court rejected the Sahara Group&#8217;s request to extend the 15.07.2017 deadline for realisation of\u00a0Rs. 552.21 Crores Cheque. \u00a0On <a href=\"http:\/\/blog.scconline.com\/post\/2017\/04\/27\/sahara-matter-subrata-roy-will-be-sent-back-to-jail-if-his-cheques-worth-rs-2052-21-crores-bounce\/\">29.04.2017,<\/a> the bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri, JJ said that the cheques shall be honoured in all circumstances on presentation on the due date failing which Subrata Roy will be sent back to custody.<\/p>\n<p>Source: PTI<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supreme Court: The Court rejected the Sahara Group&#8217;s request to extend the 15.07.2017 deadline for realisation of\u00a0Rs. 552.21 Crores Cheque. \u00a0On 29.04.2017, <\/p>\n","protected":false},"author":121,"featured_media":154914,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[18921,2687,11561],"class_list":["post-140801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news","tag-rs-552-crores","tag-Sahara","tag-subrata-roy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - 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prison","author":"Prachi Bhardwaj","date":"January 13, 2017","format":false,"excerpt":"Supreme Court: Refusing to extend the deadline to deposit the amount of Rs. 600 Crores before 06.02.2017, the 3-judge bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri, JJ reiterated that if the Sahara India Real Estate Corporation Ltd., does not deposit the amount, the contemnors including Subrata Roy\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":88961,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/30\/sahara-to-deposit-rs-600-crores-before-feb-2017-failure-will-lead-subrata-roy-back-to-prison\/","url_meta":{"origin":140801,"position":1},"title":"Sahara to deposit Rs. 600 Crores before Feb, 2017; failure will lead Subrata Roy back to prison","author":"Prachi Bhardwaj","date":"November 30, 2016","format":false,"excerpt":"Supreme Court: The bench of T.S. Thakur, CJ and Ranjan Gogoi and Dr. A.K. Sikri, JJ directed the Saharas to deposit the amount of Rs. 600 Crores before the next date of hearing i.e. 06.02.2017. The Court made it clear that if the said amount is not deposited on the\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":127622,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/27\/sahara-matter-subrata-roy-will-be-sent-back-to-jail-if-his-cheques-worth-rs-2052-21-crores-bounce\/","url_meta":{"origin":140801,"position":2},"title":"Sahara Matter: Subrata Roy will be sent back to jail if his cheques worth Rs. 2052.21 Crores bounce","author":"Prachi Bhardwaj","date":"April 27, 2017","format":false,"excerpt":"Supreme Court: Allowing the Sahara Group of companies to submit 2 post-dated cheques of around Rs. 2052.21 Crores i.e. one of Rs. 1500 Crores dated 15.6.2017 and the second one of Rs. 552.21 Crores dated 15.7.2017, the bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri, JJ said that\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":6670,"url":"https:\/\/www.scconline.com\/blog\/post\/2015\/06\/20\/sahara-directed-to-deposit-rs-36-000-crores-within-18-months-of-subrata-roy-from-custody\/","url_meta":{"origin":140801,"position":3},"title":"Sahara directed to deposit Rs. 36, 000 crores within 18 months of Subrata Roy&#8217;s release from custody","author":"Sucheta","date":"June 20, 2015","format":false,"excerpt":"Supreme Court: Fastening the liability of approximately Rs. 36,000 crores on Sahara Group of Companies, the 3-judge bench of T.S. Thakur, A.R. Dave and Dr. A.K. Sikri, JJ held that the balance outstanding amount is to be deposited by the contemnors within 18 months of their release from the custody.\u2026","rel":"","context":"In &quot;Supreme Court&quot;","block_context":{"text":"Supreme Court","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/supremecourt\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":144681,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/25\/sahara-matter-deposit-rs-1500-cr-by-september-7-or-the-aamby-valley-property-will-be-auctioned\/","url_meta":{"origin":140801,"position":4},"title":"Sahara Matter: Deposit Rs. 1500 Cr by September 7 or the Aamby Valley property will be auctioned","author":"Prachi Bhardwaj","date":"July 25, 2017","format":false,"excerpt":"Supreme Court: The bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri , JJ told the Sahara Group of Companies and it's head Subrata Roy that it will order the commencement of the Aamby Valley auction process of Rs. 1500 Crores are not deposited with the SEBI by 07.09.2017.\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":125331,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/17\/sahara-matter-aamby-valley-property-to-be-auctioned-subrata-roy-to-appear-before-the-court-on-27-04-2017\/","url_meta":{"origin":140801,"position":5},"title":"Sahara Matter: Aamby Valley property to be auctioned; Subrata Roy to appear before the court on 27.04.2017","author":"Prachi Bhardwaj","date":"April 17, 2017","format":false,"excerpt":"Supreme Court: The bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri, JJ ordered the auction of the Aamby Valley City near Lonavala, Maharashtra due to non-payment of amount as agreed by the Sahara Group of Companies and asked the contemnors to provide all the necessary details relating to\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/140801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=140801"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/140801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/154914"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=140801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=140801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=140801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}