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SEBI asks for Subrata Roy's detention: Is the Sahara Group a case of corporate fraud?

Mar 15, 2013 11:30 PM IST Business Business

Market regulator SEBI on Friday moved the Supreme Court seeking detention of Sahara group promoter Subrata Roy Sahara and barring him from leaving the country after two companies of the group failed to comply with court's order to refund Rs 24,000 crore to its investors.