Supreme Court turns down Subrata Roy's plea for parole
The Supreme Court Tuesday turned down Sahara Group chairman Subrata Roy's plea for release on parole to arrange the sale of three overseas hotels to generate Rs.10,000 crore to be returned to investors.
A bench headed by Justice T.S. Thakur said that in case a concrete proposal came before the court regarding the sale of property, then it would examine it and permit him to be released from 10 a.m. to 4 p.m. for the time it took to finish the transaction.
The apex court had July 4 reserved its order on Roy's plea.
Roy and two other directors Ravi Shankar Dubey and Ashok Roy Choudhary are currently under custody since March 4 for the failure of two group companies to comply with the apex court's Aug 31, 2012, and Dec 5, 2012, order to return investors' money, which in 2012 was Rs. 24,000 crore.
(Posted on 22-07-2014)
Information on States of India:
Andaman Nicobar | Andhra Pradesh | Arunachal Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal
INDIA REGIONAL MAPS:
Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |
KERALA TRAVEL MAPS:
TRAVEL MAPS OF INDIA:
INDIA CITY MAPS: