SC rejects Sahara chief's request for house arrest

  • HT Correspondent, Hindustan Times, New Delhi
  • Updated: Apr 09, 2014 23:38 IST

The Supreme Court on Wednesday rejected Sahara Group chief Subrata Roy's plea to put him under house arrest to enable him negotiate deals for arranging funds to repay investors. Roy has been in Tihar Jail since March 4.

"We have said you are in judicial custody. You are under our custody. We have not sent you to civil imprisonment. In case of civil imprisonment, it would have amounted to awarding punishment," a bench of justices KS Radhakrishnan and JS Khehar said. It posted the matter for further hearing on April 16.

The court rejected the plea of senior advocate Ram Jethmalani, appearing for the Sahara chief, that instead of keeping him in Tihar Jail, he be put under "house or office arrest" as it was difficult to raise money while inside jail.

"I submit that there is no jurisdiction to send this person to a criminal jail. Our difficulty is how to ask anybody to go and negotiate in jail," Jethmalani said. He also said Sahara was trying to strike a deal with international buyers and the problem was that it would be difficult to do so while Roy was in jail.

The apex court had earlier imposed the condition that Roy would be freed on bail only if he paid Rs 10,000 crore, out of which Rs 5,000 crore has to be in bank guarantee and the balance in cash.

However, Sahara Group had on April 3 expressed inability in immediately paying Rs 10,000 crore for securing bail for 65-year-old Roy and its two directors, Ravi Shankar Dubey and Ashok Roy Choudhary.

Roy had earlier submitted that the SC order detaining him was "illegal and unconstitutional" and sought its quashing.

From Around the Web
Sponsored by Revcontent

also read

Security breach: Speaker forms probe panel, asks Bhagwant Mann not to attend LS
Show comments

Steps to disable Ad Blocker on your browser


In order to serve content on our website, we rely on advertising revenue which helps us to ensure that we continue to serve high quality unbiased journalism. From our end, we will aim to show clean and unobtrusive ads to provide you with a great browsing experience.

Request to please follow the steps below and once done, please refresh your page.


For Chrome and Ad BlockPlus users

1.Press the ‘ABP’ icon in your toolbar at top right of this page

2. Click on ‘Enabled on this site’; this should now change to ‘Disabled on this site’


chrome



For Chrome and Ad Block users

1.Press the ‘AdBlock’ icon in your toolbar

2.Select the option ‘Don’t run on pages on this domain’ and then click ‘exclude’ on the pop up


chrome

Steps to disable Ad Blocker on your browser


In order to serve content on our website, we rely on advertising revenue which helps us to ensure that we continue to serve high quality unbiased journalism. From our end, we will aim to show clean and unobtrusive ads to provide you with a great browsing experience.

Request to please follow the steps below and once done, please refresh your page.


For Mozilla and AdBlock Plus (ABP) users

1.Press the ‘ABP’ icon in your toolbar

2.Select the option ‘Disable on hindustantimes.com’


chrome

Steps to disable Ad Blocker on your browser


In order to serve content on our website, we rely on advertising revenue which helps us to ensure that we continue to serve high quality unbiased journalism. From our end, we will aim to show clean and unobtrusive ads to provide you with a great browsing experience.

Request to please follow the steps below and once done, please refresh your page.


For Internet Explorer and AdBlock Plus users

1.Press the ‘AdBlock Plus’ icon in your status bar at the bottom of the screen

2.Select the option ‘Disable on hindustantimes.com’


chrome

Steps to disable Ad Blocker on your browser


In order to serve content on our website, we rely on advertising revenue which helps us to ensure that we continue to serve high quality unbiased journalism. From our end, we will aim to show clean and unobtrusive ads to provide you with a great browsing experience.

Request to please follow the steps below and once done, please refresh your page.


For Safari and AdBlock users

1.Press the ‘AdBlock’ icon in your toolbar

2.Select the option ‘Don't run pages on this domain’ and then click 'exclude'


chrome