TY - GEN AU - CHANDRATE, K R TI - Supreme court's dicision in Sahara Real Estate Corporation Ltd V. SEBI: The lesson to learn from PY - 2013/// KW - INVESTMENT N2 - In a landmark ruling the Supreme Court recently held that the optionally fully convertible debentures issued by two Sahara Group Companies was a public offer and hence fell within the purview of SEBI regulations and since the company failed to comply with relevent SEBI regulations and amounts collected were dircted to be refuned. The implications of this ruling are analysed here threadbare ER -