December 05, 2025 05:29 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
In front of Putin, PM Modi makes bold statement on Russia-Ukraine war: ‘India is not neutral, we side with peace!’ | Rupee weakens following RBI repo rate cut | RBI slashes repo rate by 25 basis points — big relief coming for borrowers! | 'Mamata fooled Muslims': Humayun Kabir explodes after TMC suspends him over 'Babri Masjid-style mosque' demand; announces new party | Mosque in the middle of Kolkata airport? Centre confirms flight risks, BJP fires at Mamata | Sam Altman is betting big on India! OpenAI in advanced talks with Tata to build AI infrastructure | Government removes mandatory pre-installation of Sanchar Saathi App. Know all details | Calcutta HC overturns controversial Bengal job annulment — 32,000 teachers rejoice! | Bengal SIR shock: 1 lakh ‘deceased voters’ found in Kolkata North! | Massive twist in Bengal voter list: ‘Perfect’ 2,280 booths shrink to just 480 after probe!

Sahara has no cash for Roy's bail

| | Apr 03, 2014, at 05:05 pm
#Sahara Group # supreme court # Subrata Roy
New Delhi, Apr 3 (IBNS) The Sahara Group on Thursday told the Supreme Court that they cannot deposit Rs 10,000 crore immediately for its chief Subrata Roy release from Tihar Jail.

The company said it could raise only Rs 2,500 crore for Roy's bail as of now.
 
The Sahara Group's lawyer said the company will pay the rest of the money within three weeks after Roy release.

However, the apex court rejected the proposal.


Even after the Supreme Court granted him conditional bail, Roy will continue to remain behind bars till Rs 10,000 crore is deposited. 
   
The Supreme Court on Mar 26 granted conditional bail to Roy and ordered him to deposit Rs 10,000 crore with market regulator Securities and Exchange Board of India (SEBI) for his interim release.

The apex court said Roy has to deposit Rs 5,000 crore in cash, and another Rs 5,000 crore through a bank guarantee.
 
Image:  Wikimedia Commons

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Vladimir Putin receives grand ceremonial welcome at Rashtrapati Bhavan — see the highlights!
Vladimir Putin receives grand ceremonial welcome at Rashtrapati Bhavan — see the highlights! Dec 05, 2025, at 03:42 pm
In Images: Putin writes in Gandhi’s visitor book at Rajghat — a moment capturing global attention!
In Images: Putin writes in Gandhi’s visitor book at Rajghat — a moment capturing global attention! Dec 05, 2025, at 03:35 pm
Inside Hyderabad House: PM Modi meets Putin — these photos are making waves!
Inside Hyderabad House: PM Modi meets Putin — these photos are making waves! Dec 05, 2025, at 02:45 pm
Related Videos
India’s drdo successfully conducts high-speed rocket-sled test of fighter aircraft escape system Dec 03, 2025, at 07:57 pm
tusharrkhanna & helidaruwala spotted together celebrity celebritynews Dec 03, 2025, at 07:54 pm
dhanush kritisanon aanandlrai at tereishkmein promotions in Jaipur reels Dec 03, 2025, at 07:50 pm