In a landmark verdict against Sahara India Pariwar, the decade long sponsor of Indian national Cricket team, Supreme Court of India has ordered the company to return Rs. 17,400 crore with 15% interest to its millions of common investors. In the 263 pages long verdict Supreme Court of India has directed that a total sum of around Rs. 24,000 core is to be returned to public from which the money was collected for two Sahara group companies...
1. Sahara India Real Estate Corporation
2. Sahara Housing Investment Corporation
The complete Supreme Court verdict can be read here.
In response to this blow, today, on 2nd September, 2012, Sahara India Pariwar has come up with a page long advertisement in different newspapers across India.