Sunday, 17 March 2013

Enough is Enough ! Emotional outburst of Sahara India Pariwar on SEBI



Enough is Enough ! Emotional outburst of Sahara India Pariwar on SEBI 

Subrata Roy Sahara and Sahara India Pariwar have been in the news off late for all the wrong reasons.

The tug of war between SEBI and Sahara India Pariwar only getting worse with time. 

The latest attempt by SEBI to move Supreme Court to arrest Sahara promoter Subrata Roy along with two other directors. Relates news:

Sebi moves Supreme Court to arrest Sahara promoter Subrata Roy along with two other directors

A signed full-page advertisement in the newspapers on Sunday invited the Securities and Exchange Board of India to a live debate on television.

“I hereby challenge and invite the Chairman or/and Members or/and Executive Directors of Sebi for a live debate with me on a TV channel and let people know  their wrong intent and deed, as a corporate regulator and clearly understand what extreme degree of injustice is being done by them to malign the image of Sahara India Pariwar,” said the advertisement entitled ‘Enough is Enough.’

It futher asks for a ten day notice to organise the appropriate channel and 60 minutes of air-time to facilitate the debate.

Subrata Roy Sahara would represent his group in the discussion, ‘to expose the truth,’ claimed the advert.


The advertisement also noted that he had written thrice to the chairman of Sebi seeking an appointment, but without any luck.

Details here 



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