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Economy
Mahesh

18/07/23 07:08 AM IST

CRCS-Sahara Refund Portal

In News
  • Union Home Minister and Minister of Cooperation, Shri Amit Shah will launch ‘CRCS-Sahara Refund Portal’ in New Delh.
Features of the portal
  • A portal has been developed for submission of legitimate claims by the genuine depositors of the Sahara Group of cooperative societies namely -- Sahara Credit Cooperative Society Ltd, Saharayan Universal Multipurpose Society Ltd, Humara India Credit Cooperative Society Ltd and Stars Multipurpose Cooperative Society Ltd.
  • The Hon’ble Supreme Court vide its order dated 29th March, 2023 had directed that Rs. 5000 Crores be transferred out of the “Sahara-SEBI Refund Account”, to the Central Registrar of Cooperative Societies (CRCS) for disbursement against the legitimate dues of the genuine depositors of the Sahara Group of Cooperative Societies.
Source- PIB

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