The court also rejected Sahara's latest proposal to pay, in installments, the 100 billion rupees ($1.7 billion) bail the court has asked for to secure Chairman Subrata Roy's release. The court also asked Sahara to make a new proposal.Roy has been in a Delhi jail since March 4 after failing to appear at a contempt hearing in a long-running legal battle between his group and the Indian capital markets regulator.
India's supreme court orders Sahara chief to remain in jail
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