You failed to respect us: Supreme Court to Subrata Roy

New Delhi, March 4: The Sahara Group chief

on Tuesday apologised to the

for not being present earlier, and the court also accepted the 'unconditional apology' tendered by him.

The SC also pulled up Roy and said, "We respected you but you failed to respect us."

"You pushed us to the corner. Had you been serious, this position would not have arrived", the court told Roy.

During the hearing, Roy also assured the apex court that its order will be followed by him and sought more time for refunding money to investors.

"I have full faith in you. Punish me if I don't comply with your order," Roy told the apex court.

Roy also told SC that reasons for his absence were genuine.

Roy's counsel and noted lawyer Ram Jethmalani assured to SC that the "remaining amount will be refunded in two months time".

Roy's police custody extended

In a major setback to Sahara Chief, Subrata Roy's police custody has been extended.

Earlier in the day, a lawyer threw black ink at Roy outside the Supreme Court premises.

Manoj Sharma, who claimed to be an advocate from Gwalior, threw ink at Roy as the latter got out of a car and was heading towards the court amid security personnel and a large number of media-persons.

"I threw ink at Subrata Roy as he is a thief and has robbed the poor," Sharma shouted, after which he was hurriedly taken away by police.

Roy was brought to Delhi on Monday after he was arrested by the Lucknow police on February 28.

The apex court on February 26 had issued a non-bailable arrest warrant against Roy for failing to appear before it in person as directed by the court.

OneIndia News