Sahara Matter: No extension of deadline for payment of Rs. 552 crore

Supreme Court: The Court rejected the Sahara Group’s request to extend the 15.07.2017 deadline for realisation of Rs. 552.21 Crores Cheque.  On 29.04.2017, the bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri, JJ said that the cheques shall be honoured in all circumstances on presentation on the due date failing which Subrata Roy will be sent back to custody.

Source: PTI

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