SC Extends Subrata Roy’s Interim Bail Till Oct 24


New Delhi: The Supreme Court on Wednesday allowed Sahara chief Subrata Roy and two other company directors to remain on interim bail till October 24 on payment of Rs 200 crore.

The top court asked Sahara to submit a road map and scheme on October 24 for paying the balance amount of Rs 12,000 crore due from it.

The court said it has lost faith in Sahara because of its past conduct and said the scheme to repay Rs 12000 crore must be accompanied by an affidavit.

The Supreme Court had on Friday cancelled the interim bail to the Sahara chief and sent him and two others back to Tihar jail.

The top court had passed the order irked by the arguments of senior advocate Rajeev Dhawan. Sahara immediately withdrew him and apologised through senior advocate Narendra Hooda.

Later, the SC agreed to reconsider the bail plea of Subrata Roy and gave him time to surrender.