https://www.taxtmi.com/caselaws?id=333351 The judgment addressed the sale of properties by SEBI, with proceeds credited to the SEBI Sahara Refund Account for refunding to prospective purchasers. Saharas were granted time to verify attachment orders and proposed a scheme to liquidate liability. Reconciliation of amounts with SEBI was directed, extending the interim arrangement until October 24, 2016, with a deposit requirement of Rs. 200 crores. Failure to comply could result in adverse consequences, including potential imprisonment. Further proceedings were scheduled for the same date. en-us Wed, 28 Sep 2016 00:00:00 +0530 Wed, 12 Oct 2016 12:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333351 The judgment addressed the sale of properties by SEBI, with proceeds credited to the SEBI Sahara Refund Account for refunding to prospective purchasers. Saharas were granted time to verify attachment orders and proposed a scheme to liquidate liability. Reconciliation of amounts with SEBI was directed, extending the interim arrangement until October 24, 2016, with a deposit requirement of Rs. 200 crores. Failure to comply could result in adverse consequences, including potential imprisonment. Further proceedings were scheduled for the same date. Case-Laws Companies Law Wed, 28 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333351