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    SAHARA REFUND PORTAL

    Amit Shah says 2.5 lakh investors in Sahara cooperatives have got refund worth Rs 241 crore so far

    In March last year, the Supreme Court directed transferring Rs 5,000 crore from Sahara-Sebi refund account to the Central Registrar of Cooperative Societies (CRCS).

    Sahara Refunds: Govt to move Supreme Court again to get funds from Sahara Group and repay investors

    The Indian government plans to approach the Supreme Court for extra money from the Sahara Group. Three crore investors want a refund of Rs 80,000 crore held by the company's cooperative societies. An online portal is set up for investors to claim their money stuck with these societies, said Minister of State for Cooperation B L Verma.

    Sahara-Sebi refund: Rs 25,000 crore of Sahara depositors stuck; What is the Consolidated Fund of India

    The transfer of unclaimed cash from the Sahara-Sebi Refund Account to the Consolidated Fund of India is being investigated by the government, with the intention of compensating investors who later file claims.

    Sahara-Sebi refund account may be transferred to government

    The Supreme Court, in 2012, upheld an order by the Securities and Exchange Board of India (Sebi), and directed group entities Sahara India Real Estate Corp and Sahara Housing Investment Corp to refund investors, with interest, depositing the funds with the capital markets regulator.

    Sahara Refund: Are you eligible to claim a refund? Check here

    Sahara Refund Portal: As of now, not all investors are eligible to claim for a refund through Central Registrar of Cooperative Societies (CRCS)-Sahara Refund Portal. Union Home Minister and Minister of Cooperation Amit Shah said that the first payment of up to Rs 10,000 would be made through this portal to one crore investors who have deposited Rs 10,000 or more.

    Rs 1.12 lakh cr stuck: When will investors of Sahara para banking, Sahara Real Estate, Sahara Housing Investment get their money?

    Sahara Refund Portal Update: More than Rs 1.12 lakh crore funds of around 13 crore investors are stuck in several Sahara India group companies, Union Minister of State for Finance Pankaj Chaudhary informed the Parliament earlier. With the Centre launching a refund portal for depositors of Sahara Group co-operative society, other investors are eagerly waiting to know when they will get their money back. Let's find out

    The Economic Times
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