The Supreme Court on Tuesday held that the detention of Sahara chief Subrata Roy in Tihar Jail from March 4 was legal and there was no violation of the constitutional principles.
A Bench of Justices K.S. Radhakrishnan and J.S. Khehar dismissed a petition filed by Mr. Roy questioning the constitutional validity of the detention order.
In view of the dismissal of the petition, Mr. Roy and two other directors would continue to remain in prison. The Bench asked Mr. Roy to submit a fresh proposal towards cash deposit of Rs. 5,000 crores and bank guarantee for another Rs. 5,000 crores to facilitate his release.
It was argued by Mr. Roy that the March 4 order was a complete nullity and it was the duty of this court to terminate this unlawful detention and release the petitioner forthwith. He wanted the order to be recalled.
Rejecting the arguments, the Bench said the March 4 order was only to ensure compliance of the direction to repay Rs. 20,000 crores to the depositors and it was not passed on the contempt petition, which was still pending adjudication.