Begin typing your search above and press return to search.

Subrata Roy to remain in custody: SC

By The Assam Tribune

NEW DELHI, March 4 � Sahara Chief Subrata Roy was today ordered to remain in custody for a week in Delhi by the Supreme Court which was unhappy over the proposal his group on the refund of investors� money as it has not come up with any concrete proposal, reports PTI.

Apart from Roy, the Bench also ordered that the Group�s other two Directors, Ravi Shankar Dubey and Ashok Roy Choudhary, be taken into custody letting the woman Director, Vandana Bhargava, free.

Roy, who was wearing his trademark waistcoat and black tie with the Sahara logo, was produced before the apex court amidst chaotic scenes when a man claiming himself to be an investor threw ink on the face of the Sahara chief.

�We are not happy with the proposal. No concrete proposal has come up so far. We are not accepting this proposal. There is no bank guarantee. All of them, except Vandana Bhargava, will be in custody in Delhi,� a bench of justices KS Radhakrishnan and JS Khehar said.

The bench clarified that it was not an order on contempt.

The two sons of the Sahara chief, Sushanto Roy and Seemanto Roy, were also present in the court during the hearing.

Next Story