Sahara-Sebi case: Two Sahara group firms move SC, file contempt plea against market regulator

Sahara-Sebi case: Two Sahara group firms have moved the Supreme Court seeking initiation of contempt proceedings against SEBI alleging that the market regulator's demand of Rs 62,602 crore from them was not only contemptuous but a mischievous attempt to overreach the directions of the apex court.

Sahara-Sebi case: Two Sahara group firms move SC,
Sahara India Real Estate Corporation Ltd. (SIRECL) and Sahara Housing Investment Corporation Ltd. (SHICL), in their contempt plea have alleged gross, blatant and willful disobedience of the directions of the top court by SEBI. Reuters

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