Friday 28 February 2014

Sahara vs Sebi Case: Subrata Roy sent to police custody till March 4

Posted by criss brown
LUCKNOW: Over seven hours after he was arrested, Sahara Chief Subrata Roy was produced in a court here which directed the UP police to keep him in custody till March 4 when he will be produced before Supreme Court.

Chief Judicial Magistrate Anand Kumar Yadav directed the UP police to keep Roy in custody till 2 PM on March 4 and ensure that he is by then produced before the Supreme Court which had issued non-bailable warrant against him two days ago for his failure to appear before it Supreme Court which had issued non-bailable warrant against him two days ago for his failure to appear before it in a case of non-refund of Rs 20,000 crore to investors. 

Police had moved an application before the CJM seeking his custody instead of transit remand and Roy's counsel V K Shahi also did not oppose it. 


65-year-old Roy pleaded that he be allowed to stay at his home but said he would go by the court's decision. 

In a day-long drama, Roy, who was evading arrest for two days, was taken into custody after he "surrendered" at his sprawling Sahara Sahar this morning. 



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