Pay up or go back to jail: SC rejects Subrata Roy's parole extension plea

Allows transfer of £35 million from a London bank account for payment of bail amount

The Supreme Court (SC) on Thursday rejected Sahara boss Subrata Roy’s plea for further extension of parole, unless he paid Rs 600 crore for bail. SC had granted time till February 6 for the payment, but till now, he has offered to pay only Rs 285 crore. 

Roy moved an application before a new Bench, presided over by Justice Dipak Misra, for extension of parole which he has enjoyed for about 10 months. 

The earlier orders were passed by a Bench presided over by the former Chief Justice T S Thakur. A new bench is hearing the matter after his