Supreme Court issues arrest warrant against Sahara chief Subrata Roy

The Supreme Court on Wednesday issued a non-bailable warrant against Sahara chief Subrata Roy and ordered his arrest for defying its summons in connection with a long-running case involving his alleged failure to refund investors’ money, which was taken up by market regulator Sebi. The arrest warrant comes a day after the top court rejected Mr Roy’s plea for exemption from personal appearance.

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manishchowhan