Sahara Group expresses inability to deposit 10000 crore before SC

New Delhi, 3 April-2014(AIR): Sahara Group has expresses its inability before Supreme Court to immediately deposit Rs 10,000 crore for securing bail of its chief Subrata Roy and its two directors.

Sahara Group expresses inability to deposit 10000 crore before SC

Sahara Group expresses inability to deposit 10000 crore before SC

In a fresh proposal submitted to top court the company said that it can deposit 2,500 Crore rupees immediately to SEBI. Another sum of 2,500 crore rupees will be paid within three weeks after Roy is granted bail.

Supreme Court has asked Sahara to file a formal plea for its proposal in a ruling today.