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Case which we can never forget:

 History have witnessed many law suits which are definitely  hard to forget, media coverage of these case is one of such reason, which makes them unforgettable.

Sahara group Scam:

Sahara Group chairman Subrata Roy and Vijay Mallya had a lot in common. Both successful businessmen had a passion for sports. The two also had their own IPL teams, Sahara Pune Warriors and Royal Challengers Bangalore (after resigning as the chief of UB Group Mallya is technically not the owner of RCB). In fact, the duo jointly owns the Sahara Force India Formula 1 team. Sahara Group was accused of failing to refund over Rs. 20,000 crore to its more than 30 million small investors which it collected through two unlisted companies of Sahara. In 2011, SEBI (Security and Exchange Board of India ) ordered Sahara to refund this amount with interest to the investors, as the issue was not in compliance with the requirements applicable to the public offerings of securities. Roy was arrested on 28th February 2014 and remained behind bars as an under-trial. His proposal to settlement of the matter was rejected by the court and SEBI.

Satyam Computers:

B Ramalinga Raju, the founder of Satyam Computers, got into trouble after he admitted to inflating the company revenue, profit and profit margins for every single quarter over a period of 5 years, from 2003-2008. The amount misappropriated in this case is estimated to be around Rs. 7,200 crore. In April 2015, Ramalinga Raju and his brothers were sentenced to 7 years in jail, and fined Rs. 5.5 crore. Satyam Computers, back in the ‘90s, used to be a highly successful IT firm which ultimately collapsed and shut down in 2015

Saradha Chit Fund:

Saradha group which ran a chit fund in West Bengal had collected around ₹200 to 300 billion from investors with a promise of high returns for their investments. The company which enjoyed strong political backings collapsed in April 2013. The amount investors lost is estimated to be between Rs. 2060 – 2400 crores.  

Nirbhaya Case Case of

 23-year old girl – known as “Nirbhaya”. Brutally raped by six men on moving bus in Delhi on December 16, 2012. Died after 13 days of this incident. After news of gang rape spread, protest erupted in Delhi and other parts of the country.“Hang the rapist” was the vociferous cry of the Indian media 

Jessical lal murder Case:  34 Year Model, she  was working as a celebrity barmaid at a crowded socialite party when she was shot dead at around 2 am on 30 April Dozens of witnesses pointed to Siddharth Vashisht, also known as Manu Sharma, the son of Venod Sharma, a wealthy and influential Congress-nominated Member of Parliament from Haryana, as the murderer. 

 

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