▁in ▁ 2 0 1 6 ▁and ▁ 2 0 1 7 . ▁ ▁The ▁team ▁went ▁into ▁administration ▁in ▁mid - 2 0 1 8 ▁and ▁was ▁later ▁sold ▁and ▁renamed ▁Racing ▁Point ▁Force ▁India ▁F 1 ▁Team . ▁ ▁The ▁group ▁runs ▁a ▁school ▁in ▁P une , ▁the ▁International ▁School ▁A amb y ▁– ▁A amb y ▁Valley . ▁ ▁Crit ic ism ▁ ▁Being ▁a ▁largely ▁un list ed ▁company ▁Sah ara ▁India ▁Par iv ar ' s ▁activities ▁have ▁in ▁recent ▁times ▁come ▁under ▁criticism . ▁This ▁includes ▁alleg ations ▁of ▁unknown ▁sources ▁of ▁capital , ▁fav ou rable ▁treatment ▁by ▁political ▁parties . ▁ ▁On ▁ 2 6 ▁February ▁ 2 0 1 4 , ▁the ▁Supreme ▁Court ▁of ▁India ▁had ▁issues ▁war r ants ▁to ▁sum mon ▁Sub r ata ▁Roy , ▁Man aging ▁Work er , ▁Chair man ▁and ▁founder ▁of ▁Sah ara ▁India ▁P ari war , ▁on ▁a ▁lit ig ation ▁on ▁the ▁Option ally ▁Ful ly ▁Convert ible ▁Deb ent ures ▁issued ▁by ▁the ▁two ▁companies ▁of ▁Sah ara ▁India ▁P ari war ▁to ▁which ▁Sec ur ities ▁and ▁Exchange ▁Board ▁of ▁India ▁had ▁claimed ▁its ▁juris diction ▁and ▁object ed ▁on ▁why ▁Sah ara ▁has ▁not ▁taken ▁permission ▁from ▁it . ▁Sah ara ▁has ▁claimed ▁that ▁the ▁said ▁b onds ▁are ▁hy brid ▁product , ▁thus ▁does ▁not ▁come ▁under ▁the ▁juris diction ▁of ▁SE BI , ▁instead ▁is ▁govern ed ▁by ▁Reg istr ar ▁of ▁Comp an ies ▁( RO