May 17, 2026 02:17 pm (IST)
Follow us:
-1505152560.jpg)
SC rejects Subrata Roy's plea for more time to deposit Rs 966.80 crore
New Delhi, Sept 11 (IBNS): The Supreme Court on Monday rejected Sahara India's Chief Subrata Roy's petition for more time to deposit remaining Rs 966.80 crore out of Rs 1500 crore by Nov 11, media reports said.
The apex court has said that an extension of deadline will lead to 'travesty of justice'.
In fact, the court allowed the official liquidator to prepare for the scheduled auction of Sahara's Aamby Valley project.
The Sahara group has been engaged in a legal battle with SEBI since long for failing to refund billions of dollars to investors in a bond programme.
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.
Latest Headlines
Jodhpur horror: Two sisters end their lives after alleged years of assault and police inaction
Sun, May 17 2026
India rejects Indus Waters Arbitration ruling, calls tribunal 'illegally constituted'
Sun, May 17 2026
Tamil Nadu CM Vijay keeps home, police, welfare in tight grip as TVK unveils first cabinet
Sun, May 17 2026
What is Captagon? The dangerous ‘Jihadi Drug’ behind NCB’s massive Rs. 182-crore bust
Sat, May 16 2026
‘Geography or history’: Indian Army chief issues blunt warning to Pakistan over terror support
Sat, May 16 2026
Gig workers observe nationwide strike over fuel prices, low wages
Sat, May 16 2026