In an anticipatory bail application under Section 438 CrPC, the High Court had exceeded its jurisdiction, The bench of Justices A.M. Khanwilkar and J.B. Pardiwala observed on Wednesday.
The Supreme Court has received a petition from the Securities and Exchange Board of India (SEBI), India’s stock market regulator, asking for directions to beleaguered Sahara India chief Subrata Roy to pay up Rs 62,600 in dues.