ANI | , Posted by Singh Rahul Sunil Kumar
The proceedings against Sahara India Real Estate Corporation, Sahara Roy, Ashok Roy Chowdhury, Ravi Shankar Dubey and Vandana Bhargava, including interest, all costs, fees and expenses, Sebi said in a statement on Monday.
The Securities and Exchange Board of India (SEBI) also ordered the freezing of all demat accounts, mutual fund accounts of Sahara India Real Estate Corp, Subrata Roy, Ashok Roy Chowdhury, Dubey and Bhargava. It also said that no debit will be done in the said accounts till further notice. However, credit, if any, to the accounts may be allowed.
The regulator had imposed total penalty in its order in June 6 crores on Sahara India Real Estate Corp, Subrata Roy, Ashok Roy Chowdhury, Dubey and Bhargava.