Sahara chief’s urgent bail plea rejected

Update: 2014-10-04 00:33 GMT
The application was mentioned by Roy’s advocates at the residence of Chief Justice HL Dattu who said that there is no urgency in the matter and it will come for hearing in the regular court.

Official sources said that Roy had sought relief for 15 days. His aunt, who was staying with the Sahara chief’s family, had died yesterday in Lucknow at the age of 90. On Wednesday, Roy was sent back to his cell in Tihar jail at the end of the period granted by the Supreme Court to stay at an air conditioned
facility in the complex to negotiate sale of his overseas luxury hotels.

The court had extended Roy’s stay at the Tihar Jail conference room by 15 days on 8 September for him to sell the properties to raise Rs 10,000 crore to be deposited with SEBI for his bail.

Roy was allowed to use the conference hall in Tihar Jail to raise money to secure his bail.

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