Supreme Court rejects Subrata Roy’s plea seeking two more months to deposit Rs 966.80 cr

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Supreme Court today rejected Sahara chief Subrata Roy’s plea seeking two more months to deposit Rs 966.80 crore of the remaining Rs 1500 crore. , saying he was trying to treat the apex court as “a laboratory” to play with the law.

A bench of Chief Justice Dipak Misra directed the official liquidator to go ahead with the scheduled auction of the group’s Aamby Valley property in Maharashtra valued at Rs 37,392 crore, as it
rejected Roy’s plea to extend the time till November 11.

The bench, also comprising Justices Ranjan Gogoi and A K Sikri, said the Sahara chief has treated the apex court as “a laboratory” to play with the law.

The Apex courts directions came after Roy said he had deposited Rs 533.20 crore in the Sebi-Sahara account and wanted to pay the remaining Rs 966.80 crore through cheques dated November 11.

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