TIL Desk/Business/New Delhi/ The Supreme Court on Friday exempted Sahara group chief Subrata Roy and two other Directors from personal appearance till “further orders” in a case pertaining to the alleged failure in depositing Rs 25,700 crore in the SEBI-Sahara account.
In January last year, the apex court had directed Roy and other two directors, Ravi Shankar Dubey and Ashok Roy Choudhary, to make personal appearance. It had observed that Sahara”s payback process did not look promising, as it did not comply with the direction to deposit Rs 25,700 crore.
Appearing for Roy, who was present in court, senior advocate Vikas Singh asked the bench of Chief Justice S.A. Bobde and Justices B.R. Gavai and Surya Kant to grant his client exemption from personal appearance. The court then said the contemnors are exempted from personal appearance till further orders.
The court also asked the lawyers involved in the case to prepare charts on pending application, which is essential for a long hearing. Singh also asked the court to remove the Delhi Police escort given to Roy. The Delhi Police had alleged Roy mostly uses his private guards and the police personnel are unable to accompany him.
