SC asks Sahara to deposit another Rs 200 cr, extends Roy’s parole

New Delhi, Sep 28:

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

Subrata Roy, Sahara Chief
Subrata Roy, Sahara Chief

The 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 (OFCDs). (IANS)

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