26 February 2014

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SC issued NBW warrant against Subrata Roy Sahara Chief

SC issued NBW warrant against Subrata Roy Sahara Chief

The Supreme Court on Wednesday issued a non-bailable warrant against Sahara chief Subrata Roy after he failed to appear in connection with a case in which his company was directed to return Rs. 20,000 crore to investors.

The court had on February 20 ordered personal appearance of Roy and the three directors after market regulator Sebi said the company had failed to pay Rs. 20,000 crore to its investors.

The SC had in August 2012 ordered Sahara to refund Rs. 24,000 crore to millions of small investors after declaring the group's two financial schemes illegal.

Just think what will happen when such incident will happen with a common man , common citizen of India

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Wednesday, February 26, 2014

Tags – Subrata Roy Arrest