The curious case of subrata roy: highlights of the sahara-sebi story - the supreme court of india on wednesday issued a non-bailable warrant against sahara chief subrata roy for non-appearance despite a summon and contempt of court. Subrata roy latest breaking news, pictures sahara chief subrata roy challenges detention, calls judicial custody ‘unconstitutional' 13 mar, 2014. India business news: the supreme court on friday sent sahara chief subrata roy back to tihar jail, miffed over wrong statements given by the group on property status. The curious case of subrata roy, gets curiouser by the day. Verdict corner: subrata roy’s detention cannot go on endlessly last week’s judgment has made it clear that nothing can be done until the sahara chief chooses to pay up for the sake of attaining his freedom. First the contempt petitions, then the freezing of assets and now a detention plea â€“ on friday, sebi fired another salvo in its efforts to get the sahara group. Supreme court today rejected the plea by sahara chief subrata roy challenging its march 4 order detaining him for not complying with the order to return investors money by routing it through sebi subrata roy filed a writ petition (wp (crl) no 57 of 2014) praying for a declaration that the order dated 432014 as null and void and for his. Sahara chief subrata roy will have to remain in tihar jail as the supreme court on tuesday (may 6) rejected his pleas against what was described by his lawyers as ‘illegal detention.
Why is subrata roy still in jail doesn't he have enough money to bail himself out update cancel why does subrata roy need to pay bail fees. Sahara case: supreme court warns subrata roy to pay up or go to jail the apex court in a stern message warned roy that he may be sent to jail again if the amount is not paid. Jail life painful but i am stress free: sahara’s subrata roy the book titled 'life mantras' is the first of a trilogy 'thoughts from tihar' that roy has penned while in judicial custody in tihar jail in connection with a long-running investor refund case. New judges named to hear sahara chief subrata roy's case by harish v pronouncing the judgment that upheld sahara chief subrata roy's detention. Why is vijay mallya not arrested but subrata roy spends time in jail how different are their cases.
Analysts say roy’s detention and the government’s financial inclusion drive are likely to spell tough times for sahara and its ability to attract subrata roy. Some people compare roy with lalit modi and mallya, with no shame to hide and no soul to damn corporate marauders and adventurers be treated with the full force of the law mallya has been advised to pay lalit modi is in a class of his own subrata does not want to be a refugee abroad he wants to pay his properly quantified debts.
The supreme court will hear the plea by sahara group chief subrata roy challenging the court’s march 4 order sending him to judicial custody. At the last hearing in the seemingly endless case involving the fraudulent issue of ofcds by two sahara group companies, the supreme court asked market regulator sebi and the saharas to settle the case amicably. Why and how sahara and subrata roy are in soup. Challenging his illegal detention, sahara chief subrata roy on wednesday told the supreme court bench of justices ks radhakrishnan and js khehar that it had not followed the procedure established by law in a contempt case while sending him to tihar jail a week ago for not refunding rs 20,000 crore of investors' money.
Sahara chief subrata roy moved the supreme court wednesday to secure his immediate release from what he termed as “unconstitutional” and “illegal” custody in jail, ordered by a bench of the apex court more than a week ago a bench of justices k s radhakrishnan and j s khehar will take up. Read more about as subrata roy completes a year in jail, staff keep hope alive on business standard the group needs to rustle up rs 5,000 crore in cash and an equal amount in bank guarantees to secure the release of its chief, subrata roy. Bloomberg | quint is a multiplatform sahara has time till july 5 to keep subrata roy out of jail.
Sahara chief subrata roy challenges detention by sc roy questioned the constitutional validity of the detention order saying it was passed after an illusionary hearing. India's supreme court has ordered the continuing detention of businessman subrata roy and asked his firm to come up with a plan to repay its investors the sahara chief was arrested on friday after he failed to appear before the judges in connection with a fraud case two sahara firms were ordered.
India's supreme court has ordered the continuing detention of businessman subrata roy and asked his firm to come up with a plan to repay its investors the sahara chief was arrested on friday after he failed to appear before the judges in connection with a fraud case. In fact there are authorities, and rightly so, to show that under s 12 (3) before a court passes the extreme sentence of imprisonment, it must give special reasons after a proper application of its mind that a sentence of imprisonment alone is called for in a particular situation thus, the entente of imprisonment is [. New delhi: the supreme court has agreed to hear the sahara group's plea for the release of boss subrata roy who faces a sebi probe on the non-payment of investor's money subrata roy and two other directors of the sahara group contend that their detention ordered by the apex court is illegal. New delhi, april 3 (ians) the supreme court thursday said that sahara group chief subrata roy has been sent to jail for ensuring compliance with its order to return investors money collected by two group companies through optionally fully convertible debentures (ofcd. The saga of subrata roy: from a flamboyant boss to tihar inmate reversals and obfuscatory answers have led to subrata roy’s imprisonment.