HC extends stay of proceedings against Subrata Roy in I-T case

The Delhi High court on Monday extended till July 2 the trial court proceedings against Sahara Chief Subrata Roy, now lodged in Tihar Jail, in an Income Tax case for allegedly not filing returns for a group company for the assessment year 2013-14. Besides Roy, Justice Manmohan Singh also extended <g data-gr-id="17">stay</g> on the proceedings and the bailable warrants issued against J B Roy, <g data-gr-id="26">Ranoj</g> Das Gupta, both directors of Sahara India Commercial Corporation Ltd. "The proceedings shall stay and the process (warrant) issued shall also <g data-gr-id="14">be stayed till July 2</g>," the court said. The court extended relief to Sahara chief and three others after the IT department sought more time to file their replies. It also stayed the proceedings against Sahara India Commercial Corporation Ltd, which was made an accused in the case.

Besides Subrata Roy, the company's directors -- J B Roy and Gupta -- have approached the court after the trial court issued warrants against them. Another director, O P Srivastava, <g data-gr-id="11">has</g> however, moved court seeking quashing of the trial court proceedings.