SC rejects Sahara proposal, Roy to remain in Tihar Jail

“You make us assemble (sitting of the special bench) and then you are saying that you won't be able to pay the money.  It is a big insult to us. It is not proper in my view. You should not make us assemble if you don't have a proper proposal to make,” Justice Khehar said.

Senior advocate C A Sundaram, who was accompanied by other senior lawyers, tried to convince the court that it is not possible at this stage to raise more money as the main person, Roy, is behind bars and his people have no access to him in judicial custody.

“The one person who can find money is not in a position to do it. He is the only one who can arrange money. He can work out if he is allowed to get out. We are also not allowed to access him,” he pleaded.

At this, the bench said that it can make arrangements to allow Roy's financial consultants and lawyers to meet him in custody but made it clear that there is no way of getting away from paying the amount.

“For the last one and half years he (Roy) has been out and he has been behind only for the last few days,” the bench said adding “We can arrange meetings but you must pay the amount”.

The bench then ordered that financial consultants and lawyers of Roy will be allowed to meet him between 10 and 12 AM every day.

Another senior advocate Ravi Shankar Prasad claimed that not a single investor had filed any complaint against the group and the court should also consider that it is also a matter of livelihood for 14 lakh Sahara employees.

The bench then shot back saying “is there any real investor”.