Subrata Roy

  • Will deposit Rs 3,000 cr within 3 days of Roy's release: Sahara to SC 21-04-2014 02:38 PM

    New Delhi: The Sahara group has made a new proposal to the Supreme Court in the investors' payment case. It has now proposed to deposit Rs 3,000 crore within three days of its chief Subrata Roy's release. Sahara has also said that it will pay an additional Rs 3,000 crore...
  • Will pay Rs 2,500 cr in 4 days: Sahara's new proposal for Subrata Roy's release 18-04-2014 11:02 AM

    Sahara group on Thursday told Supreme court it is willing to pay Rs 2,500 crore within four days and another Rs 2,500 crore in cash within 60 days for release of its chief Subrata Roy and two directors. Appearing before a bench of justices KS Radhakrishnan and JS Khehar, senior...
  • Put Subrata Roy under house arrest: Sahara plea to SC 09-04-2014 11:19 AM

    New Delhi: Sahara on Wednesday asked the Supreme Court to put its chief Subrata Roy under house arrest or under any other form of restriction, saying that the company was not being able to hold talks with international buyers in his absence. "Sahara cannot engage in talks with international buyers...
  • Sahara tells SC that it can pay only Rs 2,500 crore immediately 03-04-2014 11:15 AM

    New Delhi: The Sahara Group made another proposal to the Supreme Court on Thursday, but in vain. Sahara lawyers have now told the Supreme Court that it is not possible for them to raise Rs 10,000 crore needed to get Sahara chief Subrata Roy interim bail. The lawyers have told...
  • Sahara seeks contributions from employees to secure bail for Subrata Roy 28-03-2014 03:47 PM

    New Delhi: Sahara has turned to its employees to help get chief Subrata Roy out of jail. In a letter to all its employees on Friday, Sahara sought a minimum contribution of Rs 1 lakh per head in order to pay Roy's bail bond of Rs 10,000 crore. The employees...
  • Sahara chief Subrata Roy likely to remain in jail for more time 27-03-2014 10:37 PM

    Sahara chief Subrata Roy may haveto remain in jail for at least another week because hislawyers say they are finding it difficult to immediatelymobilise Rs 10,000 crores needed to get him and two directorsout on bail. A day after the apex court imposed a condition that Roywill be freed on...
  • Impossible to pay Rs 10,000 cr for bail to Subrata Roy: Sahara to SC 27-03-2014 04:35 PM

    New Delhi: The Sahara Group on Thursday told the Supreme Court that it was "virtually impossible" to meet with its demand of Rs 10,000 crore in order to grant bail to the company's chief Subrata Roy. The court has adjourned hearing till April 3. Till then, Roy will stay in...
  • SC grants conditional bail to Subrata Roy, Sahara to pay Rs 10,000 cr 26-03-2014 02:21 PM

    New Delhi: The Supreme Court on Wednesday granted conditional bail to Sahara chief Subrata Roy and has asked the Sahara group to pay Rs 10,000 crores. The case has been listed for hearing on Thursday. Subrata Roy is lodged in Tihar Jail since March 4. Subrata Roy and two Sahara...
  • Investors' funds case: Sahara proposes to pay dues in 5 instalments 25-03-2014 04:29 PM

    New Delhi: The Sahara Group made a fresh proposal to the Supreme Court on Tuesday in the investors' funds case. Sahara said it will repay the entire amount it owes to its investors in five instalments by March 31, 2015. The company said it will pay Rs 2500 crore within...
  • SC turns down Subrata Roy's bail plea; holi in jail for him 13-03-2014 06:38 PM

    Subrata Roy may have to play holi inside Tihar jail and stay put there till Mar 25 with the Supreme Court on Thursday remaining unyielding on his bail plea after the Sahara group failed to come out with a new proposal for refunding Rs 20,000 crore of investors money. The...
  • No relief for Subrata Roy from SC, next hearing on March 25 13-03-2014 04:09 PM

    New Delhi: In another setback for Sahara chief Subrata Roy, the Supreme Court on Thursday again deferred hearing on his contempt case saying it will only hear Sahara's plea against his detention when the company gives a proposal to refund the crores it owes to its investors. The hearing has...
  • Sahara chief Subrata Roy challenges detention by SC 12-03-2014 06:41 PM

    Beleaguered Sahara Chief Subrata Roy on Wednesday challenged before the Supreme Court his detention order passed by a two-member bench calling it "illegal and unconstitutional" and demanded his release. "Declare the order deated 04.03.2014 as void, nullity and non-est in the eyes of law," said the petition on behalf of...
  • Sahara moves SC, calls detention of Subrata Roy, other directors illegal 12-03-2014 10:46 AM

    New Delhi: Sahara on Wednesday moved a petition before the Supreme Court saying its chief Subrata Roy and two directors had been illegally detained by the court. "They have been put behind bars for contempt, but they were never a party before the Supreme Court," the plea said. The SC...
  • Subrata Roy to remain in jail as SC defers hearing 11-03-2014 08:33 AM

    In a further setback to Sahara group chief Subrata Roy, the Supreme court on Monday deferred hearing in his case slated for Tuesday, apparently in the absence of any concrete refund proposal that could prolong his stay in the jail indefinitely. On the last date of hearing on March 7,...
  • Subrata Roy to stay in jail, SC not to hear Sahara-SEBI case on Tuesday 10-03-2014 07:47 PM

    New Delhi: More trouble is in store for Sahara group especially its chief Subrata Roy as the Supreme Court will not be taking up its case with SEBI on Tuesday as was scheduled. The apex court will not be hearing the matter on Tuesday as Sahara has not yet proposed...
  • Full text: Sahara's proposal to SC on repayment of investors' money 07-03-2014 04:10 PM

    The Supreme Court on Friday rejected a Sahara proposal to pay its investors' money in instalments. Sahara had proposed to pay Rs 2500 crore of its unpaid dues in three working days and the rest of the amount in an-year-and-a-half. Pursuant to the orders of this Hon'ble Court, Saharas have...
  • SC rejects Sahara's proposal to pay investors' money in instalments 07-03-2014 02:23 PM

    New Delhi: The Supreme Court on Friday rejected a Sahara proposal to pay off its investors' money in instalments. Sahara had proposed to pay Rs 2500 crore of its unpaid dues in three working days and the rest of the amount in an-year-and-a-half. The top court lashed out at Sahara...
  • Sahara moves SC, offers to pay investors in instalments 07-03-2014 10:51 AM

    New Delhi: The Sahara Group has offered to pay its investors in instalments. The group's lawyers moved the Supreme Court on Friday, saying that Sahara will make payments in a time-bound manner. The court has asked Sebi to study Sahara's proposal and give its views by 11.30 am on Friday....
  • Sahara lawyers to move SC for early hearing in refund case 07-03-2014 10:07 AM

    New Delhi: The lawyers of the Sahara Group are set to approach the Supreme Court on Friday seeking an early hearing in the Sahara-Sebi matter. This after Sahara chief Subrata Roy was remanded in judicial custody till March 11 by the Supreme Court on Tuesday. Roy along with two other...
  • Both Sahara chief and the advocate who threw ink on him sent to Tihar jail 05-03-2014 06:45 PM

    The lawyer, who threw black ink at Sahara Group chief Subrata Roy in the Supreme Court premises on Tuesday, was sent to Tihar jail by a Delhi court on Wednesday after he failed to get a surety for his bail. Manoj Sharma was produced before Special Executive Magistrate Rai Singh...
  • SC takes note of ink attack on Subrata Roy, issues notice to lawyer 05-03-2014 04:22 PM

    New Delhi: The Supreme Court on Wednesday took note of the ink attack that took place on Sahara Chief Subrata Roy outside the court premises on Tuesday. The attack has been seen as an obstruction in the administration of justice. The apex court has issued a contempt of court notice...
  • Subrata Roy to be lodged in Tihar's Jail No.3 04-03-2014 10:41 PM

    Sahara chief Subrata Roy, remanded in judicial custody till March 11 by the Supreme Court on Tuesday, will be kept in Jail No.3 of Delhi's Tihar Jail. "Roy arrived at Tihar at about 8 p.m. and was sent for medical examination to the Tihar hospital. He will be lodged in...
  • Sahara offers Rs 22,500 crore bank guarantees 04-03-2014 06:16 PM

    New Delhi: Accused of persistent non-compliance, Saharas on Tuesday offered Sebi fresh bank guarantees for Rs 22,500 crore and help in verifying investors including those the group claims to have already refunded. Sahara said it can "depute hundreds of competent workers" to assist Sebi in collating the documents and other...
  • Sahara's Subrata Roy, 2 directors sent to Tihar jail till March 11 04-03-2014 05:38 PM

    New Delhi: It was a day of hectic and dramatic developments in the Supreme Court which heard the Sahara case on Tuesday. Subrata Roy along with two other company directors have been sent to judicial custody till the next date of hearing on March 11. The detention of the fourth...
  • Subrata Roy to be in custody till Sahara finalises proposal to pay investors 04-03-2014 02:47 PM

    New Delhi: The Supreme Court has said that Sahara Chief Subrata Roy and two other directors will remain in police custody till the company comes up with a proposal to pay the money it owes investors. Announcing the custody of Roy, SC clarified that it is not an order on...
  • Subrata Roy reaches SC, protestor throws ink at him, calls him a thief 04-03-2014 01:07 PM

    New Delhi: While Sahara chief Subrata Roy was being produced in Supreme Court, a man threw ink at him and called him a thief. The protestor identified himself as Manoj Sharma and said he is an advocate. He reportedly came from Gwalior. Sharma was beaten up by lawyers and other...
  • Subrata Roy Sahara brought to Delhi, to be produced in SC today 04-03-2014 07:57 AM

    New Delhi: Sahara Chief Subrata Roy will be produced in the Supreme Court on Tuesday afternoon. He was brought to Delhi on Monday night after an overnight halt in Agra. Roy was arrested last week after he failed to respond to the Supreme Court's summons to appear in court. This...
  • Sahara investors case: Subrata Roy being brought by UP police to Delhi 03-03-2014 05:19 PM

    New Delhi: Uttar Pradesh Police has left from Lucknow and is bringing Sahara chief Subrata Roy to Delhi via road. According to sources the police team will halt in Agra on Monday night and will make their way to the national capital on Tuesday. Subrata Roy was arrested last week...
  • Sahara chief Subrata Roy taken by road to Delhi for production before SC 03-03-2014 04:58 PM

    Sahara chief Subrata Roy was taken on Monday by road to New Delhi for production by 2 PM on Tuesday before the Supreme Court which had issued a non-bailable warrant against him in a case of alleged contempt. "Roy has been taken to Delhi by road by the police..", SP,...
  • Sahara chief Subrata Roy to be taken to Delhi today 03-03-2014 12:55 PM

    Sahara chief Subrata Roy is likely to be taken to New Delhi on Monday by road, police sources said. According to officials, the business tycoon, who was arrested following the Supreme Court's instructions, will be escorted to Delhi by a team of the Uttar Pradesh Police. Roy is scheduled to...