Sahara chief likely to appear before Patna HC

by IANS |

Patna, May 12 (IANS) Sahara chief Subroto Roy is expected to appear before the Patna High Court on Thursday to explain how he would return the money of investors.

A single bench of justice Sandeep Kumar, during the last hearing on April 27, had directed him to physically appear before the high court on May 11 and inform how he could return the money of investors. As he was unable to come to Patna on May 11, the case was adjourned for May 12.

According to sources, Subroto Roy has reached Patna and would appear before the court any time from now on.

During the hearing on April 27, the Patna High Court had asked the lawyer of Sahara India named Umesh Prasad Singh to submit a detailed report on how Sahara India will return the money of investors of Bihar.

In reposnse, Singh had given some alternate methods to return the amount of investors but Justice Sandeep Kumar was not interested in it. He firmly told the lawyer that the court will not tolerate further excuses of Subroto Roy.

Currently, more than 2000 cases pertaining to alleged fraudulency of Sahara India are filed in Patna High Court. Though, the actual numbers of duped persons are in lakhs. Many of them have already died.

Latest News
Rishabh Pant storms to No.5, Virat Kohli drops out of top-10 in ICC Test ranking Wed, Jul 06, 2022, 03:56 PM
Afghan Sufi cleric killed in Maharashtra's Nashik, manhunt for assailants Wed, Jul 06, 2022, 03:45 PM
SKorea reports 19,371 new COVID-19 cases Wed, Jul 06, 2022, 03:23 PM
When Nadal arrived at Wimbledon he was unsure; now he's among the favourites: Coach Wed, Jul 06, 2022, 03:07 PM
Jaishankar, Singapore Deputy PM discuss strengthening bilateral relations Wed, Jul 06, 2022, 02:50 PM
Nasser Hussain gives credit for England's resurgence to important decisions taken by Rob Key Wed, Jul 06, 2022, 02:41 PM
SC declines to interfere with anticipatory bail to actor Vijay Babu in rape case Wed, Jul 06, 2022, 02:30 PM
Tamil Nadu juvenile to be tried in regular court for murder Wed, Jul 06, 2022, 02:29 PM
Noida: Tempo overturns after tyre burst, 1 injured Wed, Jul 06, 2022, 02:22 PM
Draupadi Murmu likely to visit Kolkata on Saturday for campaigning Wed, Jul 06, 2022, 02:18 PM
Bihar sees spike in new Covid cases Wed, Jul 06, 2022, 02:14 PM
IAF gets highest number of job applications under Agnipath scheme Wed, Jul 06, 2022, 02:12 PM
Ailing Lalu Yadav to be shifted to Delhi for treatment Wed, Jul 06, 2022, 02:11 PM
Death toll in July 4 Chicago shooting rise to 7 Wed, Jul 06, 2022, 01:36 PM
Argentina affirms IMF debt programme, warns of quarterly target changes Wed, Jul 06, 2022, 01:34 PM