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NBW against Subrata cancelled after he appears in SEBI court

 Agencies |  2017-04-21 18:12:26.0  |  Mumbai

NBW against Subrata cancelled after he appears 
in SEBI court

A SEBI court on Friday cancelled its non-bailable arrest warrants against Sahara chief Subrata Roy and three of his group firms' directors after they appeared before it in a case filed by the SEBI against them.

The special SEBI court cancelled the NBWs against them after they furnished fresh bail bonds of Rs two lakh each and gave undertakings to the court that they would attend its trial proceeding against them regularly. 

The court further decided to frame charges in the SEBI case against Roy and his three group firms' directors - Ravishankar Dubey, Ashok Roy Choudhary and Vandana Bhargava on May 18. 

Agencies

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