Sahara Head Subrata Roy Surrenders, Taken into Custody
By Vanilla Sharma | February 28, 2014 4:39 PM EST
After dodging the police for some time, head of Sahara conglomerate Subrata Roy has been taken into police custody in Lucknow.
Sahara Group Chairman Subrata Roy
He has also requested the apex court to permit him to be with his "ailing mother under house arrest till March 3, 2014."
Roy and Sahara have been accused of failing to repay billions of dollars to investors, though Sahara has claimed that it has paid back most of its investors.
The Supreme Court on Wednesday had rejected Roy's request to be excused from a court hearing as he wanted to be with his ill mother. Following his absence, the apex court had issued an arrest order on Thursday, but the police were unable to locate him.
To report problems or to leave feedback about this article, e-mail:
To contact the editor, e-mail:
Most Popular Slideshows
- George Clooney And Amal Alamuddin's Wedding In Venice: Photos Of Groom And His Family, Friends [Slideshow]
- NFL Recap: New York Giants 45, Washington Redskins 14 [PHOTOS]
- Walking Is Superfood For Fitness; Celebrities Who Walk For Health
- Photos Of George Clooney And Amal Alamuddin, They Get Married Again On Monday [Slideshow]
Join the Conversation
- Pregnant Kate Middleton Reportedly Prohibits Camilla Parker-Bowles From ‘Seeing Her Family’ And Newborn
- Ebola in US: Stock Surge for Pharmaceutical Companies Working on Vaccine
- Kate Middleton And Prince William Have Chosen The Name Of Their Second Child- Details
- Local Syrians Have Mixed Reactions To US Airstrikes Against ISIS; Opposition 'Suspicious'
- Kate Middleton Pregnancy: Duchess Forced By The Queen To Be Out In The Public Again
- 3 Reasons to Get the Samsung Galaxy Note 4 Instead of the iPhone 6
- iPhone 6 vs Moto G 2014: Motorola’s Budget Smartphone Takes On Apple’s Premium Smartphone
- Google HTC Nexus 9 Tablet October 24 Launch Date Benefits Many
- Galaxy Note 4 vs Nexus 6: Which Smartphone Dominates
- MH 370 Search In Ocean To Intensify With Hi Tech Ships Joining The Plane Hunt From October
- New Windows OS Is Not Windows 9, Microsoft To Launch Windows 10 As New OS Build
- Nexus 7 Tips and Tricks