Roy's counsel Ram Jethmalani had reportedly argued before the court that his client should be granted bail as no foreign businessman will wish to come to jail and meet Roy and negotiate deals, which could help Sahara boss to arrange money to repay investors.

"I submit that there is no jurisdiction to send this person to a criminal jail. Vacations are coming. Our difficulty is how we ask anybody to go and negotiate in jail," Jethmalani had said.
    
"My client is in Tihar jail and it makes it impossible for anybody to approach him," he said at the outset.    

Earlier on April 9, the SC had rejected the plea saying, “We have said that you are in judicial custody. You are under our custody. We have not sent you in civil imprisonment. In case of civil imprisonment, it would have amounted to awarding punishment.”

JPN

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