Lalit Modi Gate Controversy

Last Month Lalit gate controversy grabbed the headlines in newspapers and the news channel. One of the contentious issue was why Government choose not to appeal against Honable Delhi High Court Order where Honable High Court held that revocation of passport on basis of compliant filed against Mr Modi for non - compliance with summons under FEMA was illegal.

Sahara Case

On 31st August 2012, Supreme Court of India, in its landmark judgment in Sahara India Real Estate Corporation Limited and Others VS Securities and Exchange Board of India and other, directed two companies of the Sahara Group, Sahara India Real Estate Corporation Limited ( SIRECL) and Sahara Housing Investment Corporation (SHICL), to refund around Rs 17,400 Crore to their investors within 3 months from the date of the order with an interest of 15% per annum.

"We strive to Deliver Value for your Trust"