Sahara chief Subrata Roy today said in Supreme Court that he would pay Rs 1,500 crore in the SEBI-Sahara account on or before June 15, 2017. However, the apex court warned Roy of dire consequences if the cheque was dishonoured.
While hearing a case involving embattled Sahara conglomerate chief Subrata Roy and the Securities and Exchange Board of India (Sebi) over a dispute about returning money to its investors, the court warned Roy he would be sent to Tihar jail in case the cheque was not honoured.
While hearing a case involving embattled Sahara conglomerate chief Subrata Roy and the Securities and Exchange Board of India (Sebi) over a dispute about returning money to its investors, the court warned Roy he would be sent to Tihar jail in case the cheque was not honoured.
Roy furnished a post-dated cheque of Rs 552 crore to be