Sahara had accused Mirach of "cheating and forgery" in the deal in which Mirach was trying to help the Subrata Roy company sell its three international hotels
Sahara had accused Mirach of "cheating and forgery" in the deal in which Mirach was trying to help the Subrata Roy company sell its three international hotels.
Sahara also claimed that the Mirach group was being investigated by the Federal Bureau of Investigation (FBI). Mirach on the other hand claimed that Sahara was not genuinely interested in selling the hotels.
Denying Sahara's allegations, Mirach accused the Indian company of trying to discredit its CEO Saransh Sharma and said Sahara's actions had caused "loss of income, shaken investor confidence, caused personal injury."
Mirach has said that it intends to place liens against the properties included in the deal, and that it will apply for injunction against any transaction that Sahara might engage in with respect to the three hotels—Grosvenor House in London and New York Plaza and Dream Downtown in New York.
Also read: Emails reveal holes in Sahara's claims against Mirach
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Mirach to sue Sahara for $400 mn; seeks to block co’s deals
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