April 03, 2026 03:23 am (IST)
Follow us:
SC allows Subrata to shift to conference hall in Tihar
New Delhi, Aug 1 (IBNS): In a slight relief for Sahara Group's chief Subrata Roy, the Supreme Court on Friday allowed him and two other directors of the firm to shift from the barracks of Tihar jail to a conference hall in the prison's vicinity.
The group has been provided 10 working days from August 5 to negotiate sale of off-shore property from conference room in Tihar Jail.
"Today, we are extremely thankful to our Hon’ble Judges who have opened the path after 5 months for Saharasree to reintroduce him and his presence in the work sphere. He never could get a chance to talk to anybody. Here in the jail, Subrata Roy Sahara used to get only 35 minutes and additional few calls at times in a week," the group's advocate Gautam Awasthi said.
"So, on 22nd July, 2014, we got the permission for mortgage and sale of overseas assets and today on 1st August, 2014, we are going to get the support of all kinds of communications round the clock with office staff and technical support," he said.
He said immediately after lifting of embargo on Bank account etc. things have started improving from beginning of June and consequently a substantial part of the cash payment of Rs.5000 crores could be deposited.
Roy is in Tihar Jail after his arrest for allegedly defrauding investors of over Rs 200 billion.
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
EC transfers Malda violence probe involving judicial officers to NIA after SC's directive
Thu, Apr 02 2026
26-year-old techie dies by suicide in Hyderabad; husband accused of dowry harassment
Thu, Apr 02 2026
'Our friends are in safe hands': Iran assures India over Strait of Hormuz access amid ongoing conflict
Thu, Apr 02 2026
AAP drops Raghav Chadha from key parliamentary role, sparks buzz over internal rift
Thu, Apr 02 2026