The Sahara group on Sunday said it would approach the court against insurance regulator order of transferring life insurance policy of Sahara India Life Insurance Company Ltd, to ICICI Prudential Life Insurance Company Ltd. In a statement, he said :” Sahara will pursue its remedy, against such approach of IRDAI, in the court of law” ” IRDAI appointed for the reason best known of to them and they said administrator society submitted a report to the IRDAI for transferring the business of Sahara life to any other entity. ” even any copy of the administrators report was neither provided to Sahara life, work it granted any opportunity after hearing on such report or before passing the order of transfer of business to any third party entity . The company and never acted in any manual free judicial to the interest of policy holder,” the statement said: ” in fact, this amount was kept and security deposit to one entity. Sahara India – who was awarded furnished, revised office accommodation 50 places. According to Sahara group, IRDAI is very beneficial for Sahara India Life while concluded in such a wise man. The security deposit amount is absolutely repayable to Sahara life.” the statement said. the groups at Sahara India life has been doing business is 2004 and since last 7 years running continuously in the profit and has been in absolute and strict compliance of all regulatory norms issued by IRDA. The statement said the life issue was assets is more than its liability and there was not a single complaint of non-payment by any policy holder.