Supreme Court ordered the arrest of Sahara Chief Subrata Roy

The Supreme Court ordered the arrest of the Sahara chief Subrata Roy on 26 February 2014. The court ordered his arrest following his failure to appear before it in a case arising out of non refund of money to its investors.

However Sahara chief Subrata Roy on Thursday tendered an "unconditional apology" to the Supreme Court for his non-appearance in a contempt case and sought recall of the non-bailable warrant (NBW) issued against him.

Important to note : 

The arrest warrant was issued against Subrata Roy in connection with the case in which his two companies — Sahara India Real Estate Corp Ltd and Sahara India Housing Investment Corp Ltd — have been directed to refund Rs 20,000 crore to investors.