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Supreme Court extends Sahara Chief Subrata Roy’s interim bail

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Published on 28 Sep 2016 4:27 PM GMT

Supreme Court extends Sahara Chief Subrata Roy’s interim bail
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New Delhi: The Supreme Court on Wednesday further extended interim parole of Sahara chief Subrata Roy and two other company directors till October 24 asking them to deposit Rs 200 crore to Security and Exchange Board of India within that period.

The Apex court also asked the company to submit a road map before October 24 for paying the balance sum of Rs 12,000 crore. Moreover, the Court said it had lost faith in Sahara owing to its past conduct and that the scheme to repay the balance should be accompanied by an affidavit.

It may be recalled that the top court had on Friday last called off Roy’s interim bail and sent him along with the two others back to Tihar Jail.

Also Read: Miffed at Sahara group, SC sends Sahara chief back to Tihar Jail

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