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Miffed at Sahara group, SC sends Subrata Roy back to Tihar Jail

It may be recalled that Counsel Rajeev Dhawan, on behalf of Roy, had earlier expressed inability of the group in depositing Rs 300 crore more for extension of interim bail and had requested for hearing regarding the case on September 30

Arnima Dwivedi

Arnima DwivediBy Arnima Dwivedi

Published on 23 Sep 2016 8:12 AM GMT

Miffed at Sahara group, SC sends Subrata Roy back to Tihar Jail
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New Delhi: The Supreme Court on Friday refused to extend the Parole of Sahara chief Subrata Roy and sent him back to the Tihar jail. According to the sources, the SC was miffed over wrong statements on property status given by the Sahara group.

The SC went furious when the Stock Exchange Board of India (SEBI) informed it that most of the properties declared by the group in the list meant for auction were already attached by the Income Tax Department.

The apex court said, you have given list of property which was already attached and you are not cooperating. Better you go back to jail.

The top court has also sent two other Sahara directors to jail.

Also Read: Sahara lands to be auctioned to fetch Rs 6500 crores

SEBI had informed the apex court that properties are attached by I-T department and it cannot sell them.

It may be recalled that Counsel Rajeev Dhawan, on behalf of Roy, had earlier expressed inability of the group in depositing Rs 300 crore more for extension of interim bail and had requested for hearing regarding the case on September 30.

Arnima Dwivedi

Arnima Dwivedi

A journalist, presently working as a sub-editor with newstrack.com. I love exploring new genres of humans and humanity.

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