Securities Exchange Board of India v. Sahara India Real Estate Ltd. is regarded as a key case in terms of SEBI’s power and jurisdiction in corporate fundraising. SEBI stated that Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited gathered deposits from the general population, including cobblers, labourers, craftsmen, and peasants,… Continue reading SEBI vs Sahara India Real estate ltd.
Tag: scam
Case Study on Scam in Indian banking industry
The scam that shook India! PNB India’s second-largest public sector bank released a disaster on Saint Valentine’s Day i.e., 14th February 2018 by revealing a scam of Rs.11,400 crore directed by one of the country’s richest businessmen of the diamond, Nirav Modi. Nirav Modi had directed and executed the scam with the support of the… Continue reading Case Study on Scam in Indian banking industry
Case Study on Scam in Indian banking industry
The scam that shook India! PNB India’s second-largest public sector bank released a disaster on Saint Valentine’s Day i.e., 14th February 2018 by revealing a scam of Rs.11,400 crore directed by one of the country’s richest businessmen of the diamond, Nirav Modi. Nirav Modi had directed and executed the scam with the support of the… Continue reading Case Study on Scam in Indian banking industry