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Homechevron_rightIndiachevron_rightSC extends Roy's...
India
Posted On
date_range 28 Sept 2016 10:46 PM IST
Updated On
date_range 28 Sept 2016 10:46 PM IST

SC extends Roy's parole, asks Sahara to deposit another Rs 200 cr

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SC extends Roys parole, asks Sahara to deposit another Rs 200 cr
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New Delhi: The Supreme Court on Wednesday asked Sahara to deposit another Rs 200 crore by October 24, as it extended its interim order releasing Subrata Roy and two other directors on parole.

The bench headed by Chief Justice of India T.S. Thakur, while extending the parole, asked Sahara to give a road-map by which it wants to return investors' money that it had raised from the investors in 2008-09 through Optionally Fully Convertible Debentures (OFCDs).

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