SC issues arrest warrant for Sahara chief
February 26, 2014 14:35
The Supreme Court has issued a warrant against Sahara chief Subrata Roy for failing to appear before the court today. The SC directs Roy to appear before it on March 4.
The top court had yesterday rejected Roy's plea for exemption from personal appearance.
The Supreme Court had summoned Mr Roy and three directors over the non-refund of Rs 19,000 crore by two Sahara companies to millions of investors.
"We have lost faith in you. You come to court and we know where to send you," the top court had said on Thursday while asking the top Sahara executives to appear in court.
Earlier, the Supreme Court had barred Roy from travelling abroad.
The top court had yesterday rejected Roy's plea for exemption from personal appearance.
The Supreme Court had summoned Mr Roy and three directors over the non-refund of Rs 19,000 crore by two Sahara companies to millions of investors.
"We have lost faith in you. You come to court and we know where to send you," the top court had said on Thursday while asking the top Sahara executives to appear in court.
Earlier, the Supreme Court had barred Roy from travelling abroad.
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