S. E. B. I. v. Sahara India Real Estate Corp. Ltd.
2014-02-26
JAGDISH SINGH KHEHAR, K.S.RADHAKRISHNAN
body2014
DigiLaw.ai
ORDER : 1. This Court passed an order on February 20, 2014 directing the personal presence of the alleged contemnors and the Directors of the respondent companies today, i.e. on February 26, 2014 at 2.00 p.m. On our directions, Mr. Ashok Roy Choudhary, Mr. Ravi Shankar Dubey and Smt. Vandana Bhargava are present in Court today. 2. Even though, Mr. Ram Jethmalani, learned senior counsel appearing for the alleged contemnors, made a mention yesterday, i.e. on February 25, 2014, before this Bench for dispensing with the personal presence of Mr. Subrata Roy Sahara, alleged contemnor No.5, that request was specifically turned down by this Court. 3. Today, when the matter is taken up, same request was made by Mr. Jethmalani, by moving an application, which was supported by a medical certificate. The said medical certificate was issued by Sahara Hospital and, in our view, the factual position indicated therein does not solicit the exemption sought. 4. Since, we have already declined to grant exemption from personal presence of alleged contemnor No.5 on February 25, 2014, we find no reason to accede to the renewal of the request made today. 5. Accordingly, we issue non-bailable warrants of arrest qua Mr. Subrata Roy Sahara, alleged contemnor No.5. He shall be arrested and produced before this Court on March 04, 2014 at 2.00 p.m. 6. The afore-mentioned Directors, who are present today, shall also remain present in Court on the next date. 7. Put up on March 04, 2014 at 2.00 p.m.