August 31, 2012 11:03 AM

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SC directs Sahara Group to refund investor money

Supreme Court today directed Sahara Group to refund 17,400 crore rupees which it had collected from its investors. The apex court has granted three months time to Sahara India Real Estate Corporation and Sahara Housing Investment Corporation to refund the amount.It has also directed SEBI to conduct probe against the two Sahara companies to find out their actual subscriber base.

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