India

SC allows Subrata Roy to go abroad

November 01, 2013 03:32 PM

New Delhi, Nov 1 (IANS)

 

 Supreme Court Friday permitted Sahara Group chief Subrata Roy and his two directors to travel abroad till Nov 11 by which time they have to submit original title deeds of their assets worth Rs.20,000 crore to cover the investors' money they had collected through OFCD.

The apex court bench of Justice K.S. Radhakrishnan and Justice J.S. Kehar modified an earlier order following a hearing on Sahara's application in their chamber.

This was stated to newspersons by Sahara counsel C.A. Sundaram soon after he emerged from the chamber after the hearing of the matter.

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