Editing Subrata Roy (section)

== Legal issues ==
{{Main|Sahara India Pariwar investor fraud case}}
On 26 February 2014, the [[Supreme Court of India]] ordered the detention of Roy for failing to appear before it in connection with legal dispute with [[Securities and Exchange Board of India|Market Regulator – SEBI]].<ref>{{Cite web |title=Subrata Roy Sahara surrenders before Police in Lucknow |url=http://news.biharprabha.com/2014/02/subrata-roy-sahara-surrenders-before-police-in-lucknow/ |access-date=28 February 2014 |website=IANS |publisher=news.biharprabha.com |archive-date=6 April 2014 |archive-url=https://web.archive.org/web/20140406195935/http://news.biharprabha.com/2014/02/subrata-roy-sahara-surrenders-before-police-in-lucknow/ |url-status=live }}</ref> In a statement after the arrest, his lawyer said Roy's 92-year-old mother was in poor health and needed "her eldest son" by her side, and hence he failed to appear at the court.<ref>{{Cite news |last=Roy |first=Subrata |date=28 February 2014 |title=Profile of Subrata Roy |work=Profile |publisher=BBC |url=https://www.bbc.com/news/world-asia-india-26349549 |access-date=28 February 2014 |archive-date=28 February 2014 |archive-url=https://web.archive.org/web/20140228164656/http://www.bbc.com/news/world-asia-india-26349549 |url-status=live }}</ref>  As he failed to appear in the court during the ongoing legal battle, Roy was held in custody in the [[Tihar Jail]], Delhi and was out on parole since May 2016. Sahara was allowed to sell a part of its assets in India to raise part of the money in question.<ref>{{Cite news |agency=Reuters Editorial |title=Supreme Court again rejects Sahara chief Roy's bail plea |language=en-IN |work=IN |url=http://in.reuters.com/article/sahara-subrata-roy-supreme-court-idINKBN0EF0NY20140604 |access-date=9 July 2018 |archive-date=8 July 2016 |archive-url=https://web.archive.org/web/20160708082520/http://in.reuters.com/article/sahara-subrata-roy-supreme-court-idINKBN0EF0NY20140604 |url-status=dead }}</ref>

Roy rejected allegations of misconduct and accused the [[Indian National Congress]] of a witch hunt due to his opposition to [[Sonia Gandhi]] becoming the country's [[Prime Minister of India|prime minister]].<ref>{{Cite web |date=29 November 2013 |title=Sahara's Subrata Roy blames troubles on comment about Sonia Gandhi |url=https://www.livemint.com/Politics/ZttGzVgu6fL6WP3pUCclgJ/Saharas-Subrata-Roy-blames-troubles-on-comment-about-Sonia.html |access-date=18 January 2022 |archive-date=18 January 2022 |archive-url=https://web.archive.org/web/20220118223200/https://www.livemint.com/Politics/ZttGzVgu6fL6WP3pUCclgJ/Saharas-Subrata-Roy-blames-troubles-on-comment-about-Sonia.html |url-status=live }}</ref>

Initially he was granted interim bail by the Supreme Court on 26 March 2014 on condition of depositing {{currency|10000|INR}} [[crore]] to the market regulator SEBI.<ref>{{Cite news |date=26 March 2014 |title=SC grants conditional bail to Sahara chief Subrata Roy |work= The Times of India |url=http://timesofindia.indiatimes.com/india/SC-grants-conditional-bail-to-Sahara-chief-Subrata-Roy/articleshow/32719977.cms |access-date=26 March 2014 |archive-date=26 March 2014 |archive-url=https://web.archive.org/web/20140326205324/http://timesofindia.indiatimes.com/india/SC-grants-conditional-bail-to-Sahara-chief-Subrata-Roy/articleshow/32719977.cms |url-status=live }}</ref>  His deposit of ₹10,000 crore was not made.<ref>{{Cite news |date=4 June 2014 |title=Supreme Court again rejects Sahara chief Roy's bail plea |work=Reuters |url=http://in.reuters.com/article/sahara-subrata-roy-supreme-court-idINKBN0EF0NY20140604 |access-date=20 August 2014 |archive-date=21 February 2016 |archive-url=https://web.archive.org/web/20160221042626/http://in.reuters.com/article/sahara-subrata-roy-supreme-court-idINKBN0EF0NY20140604 |url-status=dead }}</ref>  As of August 2014, Roy was trying to sell some of his hotel properties to raise enough money.<ref>{{Cite news |date=10 August 2014 |title=From Tihar jail, Sahara chief Subrata Roy tries to sell the New York Plaza |work=The Times of India |url=http://timesofindia.indiatimes.com/business/india-business/From-Tihar-jail-Sahara-chief-Subrata-Roy-tries-to-sell-the-New-York-Plaza/articleshow/39987868.cms |access-date=20 August 2014 |archive-date=13 August 2014 |archive-url=https://web.archive.org/web/20140813021700/http://timesofindia.indiatimes.com/business/india-business/From-Tihar-jail-Sahara-chief-Subrata-Roy-tries-to-sell-the-New-York-Plaza/articleshow/39987868.cms |url-status=live }}</ref> Roy was granted his first bail in May 2017 for four weeks to perform the last rites for his deceased mother, later extended to 24 October.<ref>{{Cite news |title=SC extends Subrata Roy's interim bail till October 24|work=The Times of India |url=http://timesofindia.indiatimes.com/india/SC-extends-Subrata-Roys-interim-bail-till-October-24/articleshow/54564465.cms |access-date=9 July 2018 |archive-date=23 May 2018 |archive-url=https://web.archive.org/web/20180523062004/https://timesofindia.indiatimes.com/india/SC-extends-Subrata-Roys-interim-bail-till-October-24/articleshow/54564465.cms |url-status=live }}</ref> From that time on he was successful in getting his bail extended on various grounds.  As of 31 January 2019, Sahara still had to pay ₹10,621 crore to meet its total liability.<ref>{{Cite web |last=Mittal |first=Priyanka |date=31 January 2019 |title=SC summons Subrata Roy over unpaid dues |url=https://www.livemint.com/news/india/sebi-sahara-case-supreme-court-summons-subrata-roy-to-be-present-in-court-on-28-1548937124330.html |access-date=10 July 2019 |website=Mint |language=en |archive-date=10 July 2019 |archive-url=https://web.archive.org/web/20190710104823/https://www.livemint.com/news/india/sebi-sahara-case-supreme-court-summons-subrata-roy-to-be-present-in-court-on-28-1548937124330.html |url-status=live }}</ref>

Roy claimed that the company's fundamentals were intact and assets were greater (3 to 5 times) than the liabilities.<ref>{{Cite news |title=Assets of Sahara exceed liabilities, says Subrata|work=The Times of India |url=https://timesofindia.indiatimes.com/city/patna/assets-of-sahara-exceed-liabilities-says-subrata/articleshow/61715038.cms |access-date=9 July 2018 |archive-date=3 August 2018 |archive-url=https://web.archive.org/web/20180803235212/https://timesofindia.indiatimes.com/city/patna/assets-of-sahara-exceed-liabilities-says-subrata/articleshow/61715038.cms |url-status=live }}</ref> Sahara also deposited ₹22,500 crores, of which  it has been surmised will in due course of justice come back to Sahara India as it has already repaid 95% of its investors.
<ref>{{Cite news |title='Sahara has repaid 95% investors'|work=The Times of India |url=https://timesofindia.indiatimes.com/city/patna/sahara-has-repaid-95-investors/articleshow/61744486.cms |access-date=9 July 2018 |archive-date=4 August 2018 |archive-url=https://web.archive.org/web/20180804013806/https://timesofindia.indiatimes.com/city/patna/sahara-has-repaid-95-investors/articleshow/61744486.cms |url-status=live }}</ref>

The Securities And Exchange Board of India (SEBI) has repaid only {{INR|64}} crore to the investors since 2012.<ref>{{Cite news |title=Subrata Roy Says Sahara Had to Make Double Payment For A Single Liability |language=en |work=Bloomberg Quint |url=https://www.bloombergquint.com/law-and-policy/2017/10/06/subrata-roy-says-sahara-had-to-make-double-payment-for-a-single-liability |access-date=9 July 2018 |archive-date=9 July 2018 |archive-url=https://web.archive.org/web/20180709155227/https://www.bloombergquint.com/law-and-policy/2017/10/06/subrata-roy-says-sahara-had-to-make-double-payment-for-a-single-liability |url-status=live }}</ref> It has also been reported that Sahara has paid {{INR|725.97}} crore as TDS (tax deducted at source) to the Income Tax Departments on the interest which along with investment was repaid to 95 percent of the investors, between 2009–2010 and 2012–2013. The income tax authorities had found that the beneficiary investors were existent and accordingly confirmed the repayments made in those particular years. One of Sahara's arguments in the apex court revolves around the fact that if one government body has found investors, why the other cannot do so.<ref name="auto"/>

On 28 August 2020, two petitions were filed against the release of the [[Netflix]] documentary ''[[Bad Boy Billionaires: India]]'' in the Bihar District Court. The Bihar Court passed an interim stay order on the petition filed by Roy against the release of the documentary on the Netflix platform. Following the stay order by the Bihar court, Netflix threatened to move the [[Supreme Court of India|Supreme Court]] against the court order for restraining the documentary release.<ref>{{Cite news |last=Ohri |first=Raghav |title=Netflix {{!}} Bad Boy Billionaires: Netflix to move SC against Bihar court order restraining use of Subrata Roy's name in 'Bad Boy Billionaires' |work=The Economic Times |url=https://economictimes.indiatimes.com/magazines/panache/netflix-to-move-sc-against-bihar-court-order-restraining-use-of-subrata-roys-name-in-bad-boy-billionaires/articleshow/77844918.cms |access-date=2 September 2020 |archive-date=23 July 2021 |archive-url=https://web.archive.org/web/20210723001523/https://economictimes.indiatimes.com/magazines/panache/netflix-to-move-sc-against-bihar-court-order-restraining-use-of-subrata-roys-name-in-bad-boy-billionaires/articleshow/77844918.cms |url-status=live }}</ref>

On 5 October 2020, Netflix released three out of four films in the anthology, including those featuring [[Vijay Mallya]] ("The King of Good Times"), [[Nirav Modi]] ("Diamonds Aren't Forever"), and Subrata Roy ("The World's Biggest Family"), while the final episode about [[Ramalinga Raju]] remained encumbered by legal injunctions and as of December 2020 has yet to be released.<ref>{{Cite news |last=Ohri |first=Raghav |title=Netflix releases all episodes of 'Bad Boy Billionaires' except the final episode about Ramalinga Raju |work=The Economic Times |url=https://economictimes.indiatimes.com/magazines/panache/netflix-releases-all-episodes-of-bad-boy-billionaires-except-b-ramalinga-rajus/articleshow/78485210.cms |access-date=5 October 2020 |archive-date=12 October 2020 |archive-url=https://web.archive.org/web/20201012014402/https://economictimes.indiatimes.com/magazines/panache/netflix-releases-all-episodes-of-bad-boy-billionaires-except-b-ramalinga-rajus/articleshow/78485210.cms |url-status=live }}</ref>