NEW DELHI (Reuters) - The head of India's Sahara conglomerate will remain in custody until further orders from India's Supreme Court, three lawyers involved in the in the matter said on Tuesday, after a hearing in a case over the refund of money to investors in an outlawed bond scheme.
Subrata Roy was arrested on Friday after failing to appear at a Supreme Court hearing related to a multi-billion-dollar Sahara investment scheme that was later ruled to be illegal.
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