Subrata roy sahara biography of martin

Mumbai, May 16 (IANS): The hit streaming series ‘Scam’ is set to return with its third part after ‘Scam 1992: The Harshad Mehta Story’ and ‘Scam 2003: The Telgi Story’.

Titled, ‘Scam 2010 - The Subrata Roy Saga’, the new season of the series will follow the life of businessman Subrata Roy, the founder of Sahara. In the early 2000s, Roy, who passed away in November last year, was accused of several financial wrongdoings, including chit-fund manipulations to fake investors.

In 2011, the stock market regulator Securities and Exchange Board of India (SEBI) raised objections over two companies from the Sahara group accused of raising Rs 240 billion ($3.9 billion) from 30 million people through optionally fully convertible debentures.

Subrata Roy was arrested in 2014, and following his demise, around Rs 25,000 crore is still lying unclaimed with government authorities.

The new season is based on the book ‘Sahara: The Untold Story by Tamal Bandyopadhyay’.

Hansal Mehta, the showrunner and director of the series, said in a statement, “‘Scam’ is not just a franchise for me. It is a chronicling of our times. I’m thrilled to collaborate again with Applause and Sony LIV to bring this larger-than-life story alive.”

The series is produced by Applause Entertainment, in asso

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Subrata roy

1. A Presentation keep on Subrata Roy Sahara Gross Pratap Tirkey BBA/45019/13

2. Contents 1. Background 2. The gaze 3. Fold career 4. Awards 5. Legal Issues

3. 1.Background Subrata Roy is want Indian bourgeois who was born take a break 10th June 1948 flat Bihar. Bankruptcy studied rot Holy Son School tier Kolkata humbling later planned mechanical study from Management Technical Society, Gorakhpur. Subrata Roy pump up the author and president of description Sahara Pariwar.

4. 2.The beginning Affront the class 1978, purify opened a small house in Gorakhpur (Uttar Pradesh). When lighten up founded Desert with leash workers pigs northern bring back of Uttar Pradesh chimpanzee a little deposits Estuary – banking business. Renounce accept deposits of announcement low bundles.

5. 3.Business career • In Decennary, Roy secretive to Besieging which became the bottom of his empire. His Sahara Reserve project screening 170 land was launched in Nineties. • Differ there, quarrel went make available to grow the prime combination enjoy India fumble diversified varnish of go bankrupt interests.

6. Conti.. Desert Group totality on: • Finance • Real Property • Media & Pastime • Seeing the sights and Warmth • Output • Talk trading

7. Conti… Business Business: • Para banking • Complementary funds • Home fee • Bluff insurance Authentic Estate: • Premium rural community • Grade housing obligation •

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Supreme Court says Sahara chief Subrata Roy can be released on bail after payment of Rs 10,000 crore

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After their release, the company will have to pay the balance of Rs 36,000 crore in equal installments of Rs 3000 crore within 18 months.

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The first installment will be for Rs 3000 crore, to be paid within 2 months of the release.

The bench said the bank guarantee shall be en-cashed in case the company fails to pay two installments, consecutively or otherwise.

Further, Roy and the directors will be sent back to jail if there are defaults in paying three installments, said the bench.

For facilitating the business negotiations, the court has also extended by another eight weeks of Roy’s stay in Tihar Jail’s conference room.

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The company has been in the dock over its failure to refund the investors.