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Subrata Roy bail News

19 Jun 2017

SC extends Sahara Chief Subrata Roy's interim bail till July 5

Supreme Court has granted 10 more working days to Sahara chief Subrata Roy to deposit Rs 709.82 crore with the Sahara-SEBI refund account.

23 Sep 2016

SC cancels Sahara chief Subrata Roy's parole, sends him back to Tihar jail

The Supreme Court on Friday cancelled the interim arrangement and sent Sahara chief Subrata Roy and two others back to Tihar jail.

27 Apr 2016

Sahara chief Subrata Roy wants bail: News 360

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29 Mar 2016

SEBI-Sahara case: SC asks SEBI to sell certain properties

The Supreme Court on Tuesday asked SEBI to initiate the process of selling 87 "unencumbered" properties of Sahara group, whose title deeds are with the market regulator, to generate the bail money for release of its chief Subrata Roy who has been in jail for two years now.

29 Mar 2016

Subrata Roy case: SC asks Sebi to sell Sahara properties to realise bail amount

SC has asked Sebi to sell Sahara property to realise the amount payable by its chief Subrata Roy for his release from jail.

02 Feb 2016

Sahara plans to sell hotels, 42% share in F1 and 4 aircrafts for Subrata Roy's release

For the interim bail of 67-year-old Roy, the court had put conditions like depositing Rs 5,000 crore in cash and a bank guarantee of equal amount and tough terms including payment of the entire Rs 36,000 crore including interest.

04 Sep 2015

Fresh trouble for Sahara Group; SC seeks reply on I-T return notice

In what could spell fresh trouble for Sahara chief Subrata Roy, the Supreme Court has asked the company to reply to the notice sent by Income Tax department.

19 Jun 2015

SC refuses to grant immediate bail to Sahara chief Subrata Roy

Sahara has to pay Rs 3,000 crore in nine installments post Roy's release. The Supreme Court has allowed Roy to use jail office for six weeks.

14 May 2015

SC delays bail decision on jailed Sahara chief Subrata Roy

The Supreme Court Thursday reserved its order on various aspects relating to release of Sahara Chief Subrato Roy from jail saying it would decide how more money has to be paid and as to when SEBI may encash the bank guarantee in future.

14 May 2015

Sahara chief Subrata Roy to be released on bail today?

Last week Sahara Group had informed the SC that it was ready to comply with the court's order of paying Rs 10,000 crore for Roy's bail including a bank guarantee of Rs 5000 crore.

10 May 2015

Sahara chief Subrata Roy may walk out of jail this week

After more than a year at the Tihar Jail, beleaguered Sahara group founder Subrata Roy could walk out of jail this week after the company informed that Supreme Court that it was ready with a bank guarantee of Rs 5000 crore for the sumpremo's bail.

09 May 2015

Sahara Group agrees to pay Rs 10,000 crore to ensure Subrata Roy`s bail

The apex court on August 31, 2012 had said the group was required to refund Rs 24,000 crore with 15 percent interest in three months to the depositors.

08 May 2015

Sahara agrees to pay remaining amount to ensure Subrata Roy's bail

Sahara Group said that it will pay the entire bail amount by next week.

25 Mar 2015

Sahara says submissions to SC can't be subject of media trial

Uncertainties loom large over embattled Sahara's fund raising plans even as the group today said that its proposed arrangements to raise money for release of its chief Subrata Roy cannot be subjected to public debate and speculative media trials.

23 Mar 2015

SC gives three months time for Sahara for concluding deal

Expressing "prima facie satisfaction", the Supreme Court today granted three months time to Sahara Group for selling its offshore properties for raising Rs 10,000 crore to ensure the release of its Chief Subrato Roy, who has been in jail for a year for non-refund of over Rs 20,000 crore to depositors.

13 Mar 2015

Last chance to Sahara to negotiate deal for Subrata Roy's release: SC

Sahara Group was Friday granted the third and last opportunity by the Supreme Court to g negotiate a deal for selling its offshore properties for raising Rs 10,000 crore to ensure the release of its Chief Subrato Roy, who has been in jail for a year for non-refund of over Rs 20,000 crore to depositors.

20 Feb 2015

Roy fails to get early hearing on special facilities

Sahara Group's lawyer Keshav Mohan, said the application is now listed for hearing on Tuesday.

17 Feb 2015

Sahara moves SC for extension of facilities to Subrata Roy in jail

Supreme Court on Tuesday expressed concern over how Sahara Group would raise money to secure its chief Subrata Roy's release, as the group sought extension of facilities inside Tihar jail premises by four to six weeks to enable him negotiate deals with prospective buyers.

17 Feb 2015

Sahara moves SC for extension of facilities by 6 weeks to Subrata Roy

Sahara Group on Tuesday moved the Supreme Court seeking extension of facilities by six weeks given to its jailed chief Subrata Roy for striking deals with various persons.

11 Feb 2015

Supreme Court asks Sahara to submit fresh fundraising plans

SC has asked conglomerate Sahara to submit a fresh plan for raising funds against its properties after the collapse of negotiations with a U.S.-based firm last week.

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