October 19, 2012 8:46 PM

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SC asks SEBI to take action against Sahara group

The Supreme Court on Friday said that SEBI can take action against Sahara if it does not provide details about investors from whom the company had raised 24,000 crore rupees. The apex body also refused to hear Sahara Group's submission seeking more time for compliance of the court's order directing refund of the money raised.

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