Subroto roy, Indian businessman

Patna, May 12 Sahara chief Subroto Roy is expected to appear before the Patna High Court on Thursday to explain how he would return the money of investors.A single bench of justice Sandeep Kumar, during the last hearing on April 27, had directed him to physically appear before the high court on May 11 and inform how he could return the money of investors. As he was unable to come to Patna on May 11, the case was adjourned for May 12.According to sources, Subroto Roy has reached Patna and would appear before the court any time from now on.During the hearing on April 27, the Patna High Court had asked the lawyer of Sahara India named Umesh Prasad Singh to submit a detailed report on how Sahara India will return the money of investors of Bihar.In reposnse, Singh had given some alternate methods to return the amount of investors but Justice Sandeep Kumar was not interested in it. He firmly told the lawyer that the court will not tolerate further excuses of Subroto Roy.Currently, more than 2000 cases pertaining to alleged fraudulency of Sahara India are filed in Patna High Court. Though, the actual numbers of duped persons are in lakhs. Many of them have already died.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Mega Block

Maharashtra Lok Sabha Election

T20 World Cup 2024

Subroto RoyFOLLOW

Subroto roy, Latest News

International :'Extraordinary order', SC sets aside Delhi HC order staying SFIO probe into Sahara group firms

New Delhi, May 26 The Supreme Court on Thursday set aside the Delhi High Court order, which stayed ... ...

National :SC agrees to list SFIO's plea challenging Delhi HC relief to Sahara group firms

New Delhi, May 17 The Supreme Court on Tuesday agreed to list a plea by SFIO challenging a ... ...

National :Patna HC asks Sahara chief to appear before court on Friday

Patna, May 12 The Patna High Court on Thursday took a tough stand against Sahara India chief Subroto ... ...

National :Sahara chief likely to appear before Patna HC

Patna, May 12 Sahara chief Subroto Roy is expected to appear before the Patna High Court on Thursday ... ...