SC extends Sahara chief’s parole till September 23

In a chamber hearing, a bench led by Chief Justice of India T S Thakur extended the relief by another week and fixed the case for hearing on September 23.

By: Express News Service | New Delhi | Updated: September 17, 2016 2:26 am

The Supreme Court Friday extended the parole of Sahara chief Subrata Roy till September 23 after he deposited another Rs 353 crore in an account maintained by Sebi for refunding investors’ money.

In a chamber hearing, a bench led by Chief Justice of India T S Thakur extended the relief by another week and fixed the case for hearing on September 23.

The case was expected to be heard on Friday but it was deferred because one of the judges on the special bench was not available. However, since Roy’s parole was expiring on Friday, the matter was taken up inside chambers and it was extended after Sahara’s lawyers adduced the proof of depositing a draft of Rs 353 crore in the SEBI-Sahara account.