Subrata Roy, the chairman of the Sahara group, has challenged the senior officials at the country's capital market regulator to challenge him on a 60 minute live televised debate.

The group has published full page adds in newspaper stating "Enough is Enough" just days after the Securities and Exchange Board of India (SEBI) asked the supreme court for the order to detain Mr.  Roy and other senior members of the Sahara board.  The SEBI approached the Supreme Court to issue orders for the detention of Sahara group Chairman, Subrata Roy for not following the order.

In an affidavit filed by the SEBI with the apex court on 15 March, it urged for five things.  SEBI requested for permission to issue public advertisements for investors to claim their deposits, permission to refund the money of genuine investors and permission to appoint a special officer to manage the sale of properties belonging to Sahara Group companies.

It has also asked for the passports of Subrata Roy and Sahara's Directors to be impounded and an order for detention of Subrata Roy and Sahara's Directors.  SEBI said that the as the group has not complied with the orders of the group.  SEBI has earlier frozen the bank accounts of two firms belonging to the Sahara India group for not returning more than Rs. 24,000 crore to investors.  The petition has been filed in the investor refund case involving more than Rs 24,000 crore that is to be given by the company back to the investors.