March salary for Sahara staff may get delayed

Sahara had deposited Rs 5,120 crore with Sebi in December 2012, but claimed that it had already refunded over Rs 20,000 crore directly to investors.

Rejecting these claims, Sebi in February, 2013 had ordered attachment of all bank accounts and frozen all its assets last year.

Interestingly, the staff circular has been issued within days of an entity related to the group floating the idea for collection of at least Rs 1 lakh each from Sahara employees and 'well-wishers' to garner necessary funds to secure group chief Subrata Roy's release from Tihar Jail.

65-year-old Roy has been in Tihar jail since March 4. The Supreme Court had earlier this month proposed a conditional interim bail for him asking the group to deposit Rs 10,000 crore, including Rs 5,000 crore as bank guarantee.