Sahara misses SC’s deadline to provide investors’ details; Sebi may approach court for further directions
The tussle between Sahara and Sebi is increasingly bordering on the theatre of the absurd. Late on Monday afternoon, a Sahara official informed the regulator that a truck carrying a partial consignment of papers was stuck at a toll collection point in Mumbai and would be late in delivering documents relating to investors who had subscribed to debentures issued by two of its unlisted firms. Read more