The Supreme Court on Tuesday again denied bail to Sahara chief Subrata Roy in connection with his group's failure to refund Rs 20000 crores to investors.
The apex court had earlier given permission to the Sahara Group to sell off nine properties for the Rs. 10000 crores for securing bail for the jailed group chief.
The Sahara Chief is lodged up in Tihar jail since March 4.
Roy was sent to jail along with the company's two directors, Ravi Shankar Dubey and Ashok Roy Choudhary, for failing to refund Rs 20000 crore to investors.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app