Apex court allows Sahara to go ahead with loan transaction from abroad

PTI New Delhi | Updated on March 12, 2018 Published on January 09, 2015

Allows Subrata Roy conference facilities in jail

The Supreme Court has allowed the Sahara Group to go ahead with its proposed loan transaction from abroad for raising funds to ensure the release of Subrata Roy from jail.

Sahara Group will have to seek permission from the RBI for transfer of money to India from abroad.

The apex court has extended conference facilities to Roy in Tihar jail to deal with the nitty-gritty of transactions.

Published on January 09, 2015
This article is closed for comments.
Please Email the Editor