The Supreme Court on September 23 decided to send Sahara chief Subrata Roy and two other Sahara directors back to jail after they learned that Sahara had given wrong information on property status.
SEBI on September 23 informed the apex court that most of the property given on Sahara’s list have already been mentioned on the attached list provided by the Income Tax department, and thus cannot be auctioned off.
Chief Justice TS Thakur, who was heading the bench. India Times
When Sahara’s Counsel Rajeev Dhawan told the SC that they cannot deposit Rs300 crore more for extension of bail, and requested the hearing to be extended till September 30, the court rejected his request.
“Don’t tell us what to do. Interim arrangement stands canceled. Take Roy and two others (directors of Sahara group) be taken back to custody… (there is ) no question of anger.”