Sahara Group Appeals to Supreme Court Regarding Travel Ban on Subrata Roy
New Delhi: The Sahara Group has filed a petition with the Supreme Court of India, alleging a mistake in the court's directive. This directive prevents Sahara Chief Subrata Roy from leaving the nation unless the group submits the relevant property documents to the Securities and Exchange Board of India (SEBI).
CA Sundaram, a senior advocate representing the Sahara Group, argued that the Supreme Court report inaccurately states the condition for barring Subrata Roy from international travel. According to Sundaram, the restriction should only apply if Sahara fails to submit the property deeds.
Addressing the Bench, composed of Justices KS Radhakrishnan and AK Sikri, the advocate distinguished between preventing the Sahara Chief from traveling abroad until the documents are provided and the Bench's previous order. The details of the order and subsequent arguments were meticulously presented to the court.
Justice Sikri, after listening to Sundaram’s argument, stated that the court would consult with Justice JS Khehar, who was a member of the bench that issued the original order, before considering the new plea. This consultation aims to clarify the intent and scope of the initial directive.
The Supreme Court had previously instructed the Sahara Group to transfer title deeds valued at Rs 20,000 crore to SEBI. They also warned that Subrata Roy would be prohibited from leaving the country if it failed to comply. This prior order was issued by Justices Radhakrishnan and Khehar, setting a clear expectation for Sahara Group's compliance.