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Moneylife » Companies & Sectors » Company News & Trends » Fallout of Sahara’s Defiance

Fallout of Sahara’s Defiance

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    • Vikas Gupta
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    • Nagesh Kini
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Sucheta Dalal | 25/12/2012 10:56 AM | 

Sahara companies, MPS Greenery, sahara, sahara India, sahara pariwar, SEBI, SEBI India, Supreme court sahara,

Cocking a snook at multiple layers of regulation and oversight, dubious schemes from Sahara to MPG Greenery are thriving

At the time of writing this column, the Sahara Pariwar continues with its non-stop attempts to deny payment liabilities and avoid providing identity proof of the lakhs of people who have allegedly subscribed to a variety of its financial instruments.

Last fortnight, I wrote that Sahara, confident of its broad-spectrum political backing, is the rare organisation with the temerity to issue massive, ungrammatical and jingoistic advertisements in the media, on the eve of important Supreme Court (SC) hearings. I ...


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