Business / Sahara India directors cheque bounce after got bail on refund condition in rajnandgaon chhattisgarh

Zoom News : Jul 18, 2022, 03:39 PM
Sahara India Latest Update: If your money is also stuck in Sahara India and you are constantly trying to get it out, then it is important for you to know this news. Most of the people who have invested in Sahara have not got their money yet. But now a new case related to Sahara and investors has come to light in Chhattisgarh. Actually, a check of Rs 10 crore issued by Sahara to the administration in Rajnandgaon, Chhattisgarh has bounced. This has increased the trouble for the investors.

Four directors were arrested

All the investors of Rajnandgaon had invested crores in various institutions operating under Sahara India. On not getting the money back, the Kotwali police registered a case against the four directors of Sahara and arrested them and sent them to jail. The four accused got bail from the court on the condition of refund. But a check of 10 crores issued by Sahara to the administration bounced.

Only 5 crore out of 15 were deposited in the account

Officials related to the matter said that in case of check bounce, action will be taken as per rules. Four directors of Sahara were produced by the Kotwali police in the court on May 31. It was also told that after the matter came to light on behalf of the accused directors, it was said to give Rs 15 crore in the account of the administration. But only 5 crores were deposited in the account. Mohammed Khalid, Shailesh Mohan Sahai, accused of Saharian Universal Multipurpose Society, a company linked to Sahara, were arrested from Lucknow.

On the other hand, a letter published by Sahara in newspapers claimed that it had deposited the money of the investors with SEBI. But SEBI says that till now 19,644 applications related to 53,642 original bond certificates / pass books have been received for just Rs 81.70 crore.

Last day, information was given in the Lok Sabha on behalf of Minister of State for Finance Pankaj Choudhary that Sahara India Real Estate Corporation Limited (SIRECL) received 19400 crores from 232.85 lakh investors and Sahara Housing Investment Corporation Limited (SHICL) received Rs 6380 crores from 75 lakh investors. amount was collected.

SUBSCRIBE TO OUR NEWSLETTER