Sahara supremo Subrata Roy was arrested on Saturday and will be in Uttar Pradesh police’s custody till March 4. Meanwhile, the Supreme Court declined to hear a plea to recall the non-bailable warrant issued against Roy for failing to appear before the court in a case related to non-refund of crores of rupees to its investors. On Friday, Roy surrendered in Lucknow after issuing a two-page note declaring that he was not absconding and was ready to “unconditionally follow” the court’s direction.
Read the Hindu Business Line news report here.