SC asks Sahara to deposit another Rs 200 cr, extends Subrata Roy’s parole | business-news | Hindustan Times
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SC asks Sahara to deposit another Rs 200 cr, extends Subrata Roy’s parole

The Supreme Court asked on Wednesday Sahara to deposit another Rs 200 crore by October 24, as it

business Updated: Sep 28, 2016 22:05 IST
In this photograph taken on April 10, 2013, Sahara group's chairman Subrata Roy leaves the SEBI head office in Mumbai.
In this photograph taken on April 10, 2013, Sahara group's chairman Subrata Roy leaves the SEBI head office in Mumbai. (AFP file photo)

The Supreme Court asked on Wednesday Sahara to deposit another Rs 200 crore by October 24, as it extended its interim order releasing the business group’s chief Subrata Roy and two other directors on parole.

A 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.