NEW DELHI Feb 28 The chairman of India's
unlisted Sahara conglomerate, Subrata Roy, turned himself in to
police on Friday, his lawyer told the Supreme Court, two days
after the court had ordered his arrest for failing to appear at
a contempt hearing.
Also on Friday, the court refused to hear Roy's request that
the warrant against him be cancelled. The matter will be heard
on March 4.
Sahara has been locked in a battle with India's securities
regulator, which accuses it of failing to comply with a 2012
court order to repay billions of dollars to investors in a bond
scheme that was later ruled to be illegal.
(Reporting by Suchitra Mohanty; Writing by Tony Munroe; Editing
by Christopher Cushing)