Subrata Roy, who spent two years in Tihar Jail, has been out on parole since May 6, after his mother passed away after a prolonged illness.

A bench comprising Chief Justice T S Thakur, Justices A R Dave and A K Sikri allowed the plea of Roy seeking permission to attend cremation rites of his mother.

While the Sahara chief was initially granted parole to conduct the last rites of his mother, it was extended by the apex court till September 16 to enable him to deposit Rs 300 crore with the market regulator.

The Sahara chief along with two other directors - Dubey and Roy Choudhary - were sent to Tihar jail on March 4, 2014, for failure to comply with 2012 order directing him to return investors' Rs 17,600 crore with 15 per cent interest.

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