NEW DELHI: It’s perhaps the summer that’s making Sahara chief Subrata Roy uncomfortable, whose parole hinges on Sebi’s sale of assets.
“My client’s health has been deteriorating and he may not be able to survive another summer in jail,” senior advocate Rajeev Dhawan told a bench headed by Chief Justice T S Thakur, pleading to release Roy on parole.
However, the apex court refused him parole until he complied with the order of 2014 substantially. Dhawan sought the release of Roy on the ground of his deteriorating health and the fact that market regulator Sebi had already been authorised to sell 66 of his properties.
“The court should consider granting parole to him or put his client under house arrest. I am in substantial compliance of the orders of this court. Sebi has the property and the machinery. I am required for the compliance of order of this court and I am not required for any offence. At this stage please consider all the factors and grant me parole. My client’s health has been deteriorating and he may not be able to survive another summer in jail,” Dhawan said.