Subrata Roy shelled out Rs 31 lakh to use special facilities in jail
Fp Archives • 10 years agoRoy was allowed by the Supreme Court to use the jail's conference room to negotiate sale of his hotels in order to collect Rs 10,000 crore for his bail.
Subrata Roy seeks restoration of special facilities in Tihar jail
Fp Archives • 10 years agoOn October 1, Roy was sent back to his cell in Tihar at the end of the period granted by the Supreme Court for stay at the air-conditioned facility in the complex to negotiate sale of his overseas hotels.
Sahara sells residential project to Ahmedabad-based developers
Fp Archives • 11 years agoSahara Group had floated 'Sahara City' residential scheme at Shela village near Bopal on the city outskirts a few years ago.
SC dismisses Sahara chief's house arrest plea, allows sale of assets
Fp Archives • 11 years agoThe Sahara chief, who is in Delhi's Tihar jail since 4 March, was earlier directed by the apex court to pay Rs 5,000 crore in cash and furnish a bank guarantee of Rs 5,000 crore as pre-condition for his release.
SC allows Sahara to sell properties to help Subrata get bail
Fp Archives • 11 years agoThe court, however, reserved its order on a fresh plea of Roy seeking modification of an earlier order by which he was asked to pay Rs.5,000 crore in cash besides a bank guarantee of an equivalent amount.
SC tells Sahara to come up with logical proposal to repay investors
Fp Archives • 11 years agoObserving that the preliminary hearing has been "very productive", the bench said the matter would be taken up next week and asked the group to prepare its proposal by then.
SC says it's willing to defreeze Sahara bank accounts
Fp Archives • 11 years agoThe bench, which had last year frozen all bank accounts of companies and restrain them from selling any properties without its approval
Sahara staff offer to collect Rs 5,000 cr for Roy's release
Fp Archives • 11 years agoThe contribution 'appeal' was made through a one-page letter signed by directors of this Society and 'associates' of the group and asked each employee of the Sahara India Parivar and their well-wishers to contribute
Pay Rs 10,000 crore to get interim bail: SC tells Subrata Roy
Fp Archives • 11 years agoSC said that interim bail will be granted only after the company fulfils the condition while the court agreed to defreeze the firms' bank accounts to raise the money.
Sending Subrata Roy to judicial custody illegal: Sahara lawyers to SC
Fp Archives • 11 years agoThe Supreme Court on Tuesday was told that its order sending Sahara Group chief Subrata Roy and its two other directors to judicial custody was without jurisdiction and illegal as it was passed.