Don’t miss the latest developments in business and finance.

SC to hear Subrata Roy's parole plea today

Roy's mother Chhabi Roy, 95, passed away in Lucknow today after a prolonged illness

Subrata Roy, Sahara
Subrata Roy
Press Trust of India New Delhi
Last Updated : May 06 2016 | 2:59 PM IST
The Supreme Court Thursday agreed to hear the plea of Sahara Chief Subrata Roy seeking parole to perform cremation rites of his mother who passed away in the wee hours this morning.

Roy has been in Tihar jail since March 4, 2014 on the orders of the apex court in relation with a long running dispute with market regulator Sebi.

A bench headed by Chief Justice T S Thakur said the matter would be taken up by the appropriate bench at 2 pm, after senior advocate Kapil Sibal sought parole for the beleaguered businessman.

Roy's mother Chhabi Roy, 95, passed away in Lucknow today after a prolonged illness.

More From This Section

First Published: May 06 2016 | 11:13 AM IST

Next Story