If your money is also stuck in Sahara’s schemes and you have been waiting for refund for a long time, then there is good news for you. The Supreme Court has issued a big order in the Sahara refund case, allowing the SEBI-Sahara fund to release an additional ₹ 5000 crore.
Its direct benefit will be given to millions of investors whose money was still hanging.
What is the order of the Supreme Court? A bench of Supreme Court Justice Suryakant and Justice Joymalya Bagchi gave the decision accepting the application of the Central Government. Under this: ₹ 5000 crore will be released from SEBI-Sahara Escro account. This amount will be given to real investors who invest money in four cooperative societies of Sahara Group. The distribution of the amount will be under the supervision of the registrar of the central cooperative societies, who will pay after examining the eligible investors.
Last date of refund also increased The court has also extended the last date of distribution. Now investors can claim their money by 31 December 2026. Earlier this deadline was till December 2025.
Investors of which committees will get money? This amount will be given to investors of these four cooperative societies: Our India Credit Cooperative Society Limited Sahara Credit Cooperative Society Limited Saharana Universal Multipurce Society Ltd. Stars Multipur
How much has been refunded so far? According to central government data: About 5.43 crore investors have claimed more than ₹ 1.13 lakh crore. So far, more than 2.62 lakh depositors have returned a total amount of ₹ 5,053 crore. The investigation of more than 13 lakh claims is still going on.
Former judge will keep an eye on payment The Supreme Court has also directed that this entire distribution work is former Judge R.K. To be done under the supervision of Subhash Reddy. The concerned registrar will have to transfer this amount within a week.
What to do if not received money? If you applied for refund and have not been paid yet: You can submit your application again by visiting CRCS Sahara Refund portal. It is necessary to give the correct documents and bank details at the time of application.