Subrata Roy Sahara the founder chairman of Sahara Group has been accused by the Supreme Court in Sahara Scandal to collect illegally more than 25000 crore rupees from more than 2 crore investors, when Sahara went to SEBI(SECURITY AND EXCHANGES BOARD OF INDIA) for IPO (INITIAL PUBLIC OFFERING) then the SEBI found that the Sahara illegally collected the money and SEBI filed a case in the Supreme Court against the Sahara and after a long time (which usually Indian courts take) the SC came into light with a verdict and ordered Sahara to return all these money to investors through SEBI, again Sahara filed the review petition and then curative petition but every time Sahara defeated, and finally the Supreme Court ordered to Sahara that enough is enough and you will have to return all the money to investors and submit all the relevant documents of investors to the SEBI and SEBI will return the money to all investors, but till date Sahara did not return the money and finally SC issued non-bailable arrest warrant against Subrata Roy Sahara and finally he is arrested by the UP police.
