Subrata Roy says not feeling well in jail as due to rising temperatures, seeks early SC verdict
30 April 2014 11:11 PM IST
'The temperature has soared up and the gentleman is not well,' senior advocate Rajiv Dhawan, appearing for Sahara group, told a bench of justices KS Radhakrishnan and JS Khehar.
Roy and the other two directors of the group have been in judicial custody since 4 March for not abiding by the apex court's order for depositing Rs 20,000 crore of investors money with SEBI.
Dhawan made his submission at the end of court's proceedings in a contempt case against a person who had thrown ink at Roy when he was brought to the apex court on 4 March.
The court granted four weeks time to Manoj Sharma to file his response in the case in which it had taken suo motu cognizance.
The Supreme Court had on 21 April reserved its order on Roy's petition challenging its decision to send him to jail in the case relating to non-refund of investors money.
It had also agreed to consider Sahara's proposal for paying Rs 10,000 crore for getting bail to its chief Subrata Roy and two directors who are in Tihar jail in judicial custody since 4 March.
In its new proposal, Sahara group had assured the court that it will pay Rs 3,000 crore within three-four working days and another Rs 2,000 crore in cash by 30 May.
It also submitted that they would furnish a bank guarantee of another Rs 5,000 crore on or before 20 June.
The apex court had imposed a condition that Roy will be freed on bail only if he pays Rs 10,000 crore out of which Rs 5,000 crore has to be in bank guarantee and rest Rs 5,000 crore in cash.
Roy and the other two directors of the group have been in judicial custody since 4 March for not abiding by the apex court's order for depositing Rs 20,000 crore of investors money with SEBI.
Dhawan made his submission at the end of court's proceedings in a contempt case against a person who had thrown ink at Roy when he was brought to the apex court on 4 March.
The court granted four weeks time to Manoj Sharma to file his response in the case in which it had taken suo motu cognizance.
The Supreme Court had on 21 April reserved its order on Roy's petition challenging its decision to send him to jail in the case relating to non-refund of investors money.
It had also agreed to consider Sahara's proposal for paying Rs 10,000 crore for getting bail to its chief Subrata Roy and two directors who are in Tihar jail in judicial custody since 4 March.
In its new proposal, Sahara group had assured the court that it will pay Rs 3,000 crore within three-four working days and another Rs 2,000 crore in cash by 30 May.
It also submitted that they would furnish a bank guarantee of another Rs 5,000 crore on or before 20 June.
The apex court had imposed a condition that Roy will be freed on bail only if he pays Rs 10,000 crore out of which Rs 5,000 crore has to be in bank guarantee and rest Rs 5,000 crore in cash.
Next Story
