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Changes in Bench and changing fortunes of Sahara Chief Subrata Roy

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It doesn’t look like it’s a good day to be Subrata Roy. A Bench headed by Justice Dipak Misra, and comprising Justices Ranjan Gogoi and AK Sikri today directed that Sahara’s premier property in Amby Valley be attached to account for the principal amount owed by Roy to the investors. This comes even as the Court extended the parole of Roy till the next hearing. The apex Court has also asked Sahara to provide a list of unencumbered properties which could be considered for public auction. The next hearing is scheduled for February 27, but with each successive hearing turning […]

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