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Mumbai: SEBI court issues bailable warrant against Subrata Roy

Special judge VS Gaike had issued the bailable warrant of Rs 25,000 on September 6. However, on request from Roy’s advocates, Harshand Ponda and Ashok Sarogi, the court kept the warrant at abeyance for a week – till September 13, to allow them to challenge before a higher court. ....

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Supreme Court grants 10 days to Subrata Roy to pay Rs 709 cr to SEBI


Supreme Court grants 10 days to Subrata Roy to pay Rs 709 cr to SEBI
Supreme Court grants 10 days to Subrata Roy to pay Rs 709 cr to SEBI
Roy, Who Was Present In Courtroom On Monday, Had Told The Court That He Will Pay Rs 1,500 Crore On Or Before June 15 And Rs 552.22 Crore Exactly A Month Thereafter.
PTI
| Updated on: 19 Jun 2017, 10:42:50 PM
New Delhi:
The Supreme Court on Monday extended till July 4 the time for embattled Sahara chief Subrata Roy to deposit Rs 709.82 crore, out of Rs 1,500 crore which was to be paid by June 15, with a warning that failure to pay the remainder may again land him in jail. ....

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