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SC cancels Sahara chief Subrata Roy's parole

  •   Fri, Sep 23 2016 12:14:04 PM

Sep 23 (Agencies): The Supreme Court on Friday cancelled Sahara chief Subrata Roy's parole and ordered that he be sent back to jail. Roy was out on parole, granted to him in May on humanitarian grounds after his mother passed away.

Sahara chief's lawyer sought an extension of the parole granted to Mr Roy which the top court refused.

The apex court on September 2 had asked the Sahara Group to come clean by disclosing its sources from where it had raised Rs 25,000 crore and paid its investors in cash, observing that it is "difficult to digest" as such a huge amount "cannot fall from the heavens."

Roy spent two years in Tihar jail since March 4, 2014 on the orders of the apex court in relation to a long running dispute with market regulator SEBI.

 
  

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Comment on this article

  • SMR, Karkala

    Fri, Sep 23 2016

    There are still few judges in Supreme court who keep the justice system alive.

    I appreciate the Judges and Supreme court.Hope similar stand on Liquor baron Vijay Mallya on run.

    Jai Hind

    DisAgree Agree Reply Report Abuse

  • A. S. Mathew, U.S.

    Fri, Sep 23 2016

    Great that the judicial system of India is not yielding to the professional con artists who have
    burned the hard earned money of the innocent people. His $ 10000.00/night hotel rooms? Let him pay the price at Tihar jail.

    DisAgree Agree Reply Report Abuse

  • MICHAEL NORONHA, Mysore

    Fri, Sep 23 2016

    Judicial activism can eradicate corruption in the country. Such moves send a loud and strong message to the high and mighty. At the same time black sheep amongst the judiciary (like one of the former lok ayukta of karnataka) should also be punished if found guilty. Accountability for Rs25000 crores cash paid by Subrata Roy and NPA of over Rs.1.7 lakh crores by banks should be disclosed to the nation.

    DisAgree Agree [2] Reply Report Abuse

  • Shaad, Mangalore

    Fri, Sep 23 2016

    Oh come on, Modi is in power and should have get clean chit instead of parole.

    DisAgree Agree Reply Report Abuse

  • Dev, Mangalore

    Fri, Sep 23 2016

    Now a days judiciary seems to go out of context or into the nitty gtritties only IT or DRI need to.
    They asked him to repay his investors, now that he has done it they have to grant him Bail.
    If he hasn't fulfilled their direction by just showing records to prove he has paid them but not in reality, then only they need to take actions like these.

    DisAgree Agree [4] Reply Report Abuse

  • Vincent Rodrigues., Frazer Town,Bangalore

    Fri, Sep 23 2016

    Court order which binds on the party who sought the court intervention in extending the parole.

    DisAgree Agree [4] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Sep 23 2016

    Acche Din only for ROGUES ...

    DisAgree Agree [8] Reply Report Abuse


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