In a significant move to protect investor interests, the Jharkhand government has issued a stern ultimatum to the Sahara Group, demanding the return of ₹400 crore to its investors within 15 days. Failure to comply with the directive will result in legal action, including the arrest of the group’s directors.
Director General of Police (DGP) Anurag Gupta conveyed this warning to Sahara India’s legal team, emphasizing the state’s commitment to safeguarding the hard-earned money of the people. This development marks a crucial turning point in the ongoing efforts to hold the Sahara Group accountable for financial discrepancies and ensure justice for its investors.
The state government’s proactive stance has been widely appreciated, reflecting a zero-tolerance approach toward financial misconduct. Investors across the state now await further updates as the countdown begins for the Sahara Group to meet the deadline.
Jharkhand Government Issues Ultimatum to Sahara Group: Return ₹400 Crore to Investors in 15 Days
ByNation Today- Team
Jan 25, 2025