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News18 » Videos » News18 Shorts

SC allows Sahara chief Subrata Roy to shift to conference hall in Tihar

Aug 01, 2014 03:25 PM IST Business Business

New Delhi: In slight respite for Sahara chief Subrata Roy, the Supreme Court on Friday allowed him and two other directors of the firm to shift from the barracks of Tihar jail to a conference hall in the prison's vicinity.

The court gave 10 working days from August 5 to Sahara to negotiate sale of off-shore property from conference room in Tihar Jail.

The move came after the Sahara chief, who has been in jail for the last five months, was allowed to hold negotiation with potential buyers of his luxury hotels in New York and London to raise Rs 10,000 crore to get regular bail on Wednesday.