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Court issues warrant to Sahara’s Subrata Roy in income-tax case

Sahara chairman Subrata Roy is lodge in Tihar Jail since March 4, 2014 for not returning investors’ money that were amounting to more than Rs 20,000 crore.

Devendra Kumar Sharma, Additional chief metropolitan magistrate also sought presence of two directors of Sahara India Commercial Corporation Limited JB Roy and Ranoj Das Gupta and issued bailable warrants against them because they failed to appear before the court on Tuesday in spite of summons.

“Accused no. 2 Subrata Roy Sahara is in judicial custody in Tihar Jail. Let production warrant of accused no. 2 be issued through the concerned jail superintendent. Since none is appearing for accused no. 3 (JB Roy) and 5 (Gupta), hence issue bailable warrant against them in the sum of Rs 10,000 each through SHO concerned,” the court said.

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