SC turns down Subrata Roy’s bail plea

NEW DELHI: Subrata Roy may have to play holi inside Tihar jail and stay put there till Mar 25 with the Supreme Court Thursday remaining unyielding on his bail plea after the Sahara group failed to come out with a new proposal for refunding Rs 20,000 crore of investors money.
The apex court said that it would consider his bail plea only if the group comes out with new proposal for refunding the money and turned down its offer of paying Rs 2,500 crore now and rest in instalments, which was rejected earlier too.
—PTI