Supreme Court orders Sahara chief to remain in jail
May 06 2014 , New Delhi
The court also rejected Sahara's latest proposal to pay, in instalments, the 100 billion rupees ($1.7 billion) bail the court has asked for to secure Chairman Subrata Roy's release. The court also asked Sahara to make a new proposal.
Roy has been in a Delhi jail since March 4 after failing to appear at a contempt hearing in a long-running legal battle between his group and the Securities and Exchange Board of India.