Supreme Court takes a dig at Sahara Group over Subrata Roy's delayed bail

Admin   |   29 November, 2014   |   1224   |   3980

Surprised at the delay on the part of Sahara chief Subrata Roy in arranging the bail amount of Rs.10,000 crore, the Supreme Court on Friday took a dig at the group asking if their boss felt "very comfortable" in the Tihar prison where he has been lodged for over eight months.

The remarks forced S. Ganesh, senior counsel representing Roy, to say "he is one of the captains of industry and he would not stay even one day more if he could avoid it".

The lawyer also reminded the court that Roy had been sent to jail on March 4 for not refunding Rs.20,000 crore of investors' money even while the contempt petition filed by Sebi was pending and "even if punished he can be jailed only for six months; but he has already spent over eight months".