A Supreme Court bench headed by Justice KS Radhakrishnan today rejected the appeal for the bail of jailed Sahara boss Subrata Roy, pending the next hearing on 25 March 2014 after his counsel Ram Jethmalani said he couldn’t appear tomorrow.

Until Sahara made a written proposal for the money the Supreme Court ordered to be repaid to its investors, bail could not be considered, said the court in its order:

Shri Ram Jethmalani, learned senior counsel, appearing for the petitioner submitted that he has some inconvenience for tomorrow i.e. 14.03.2014 and cannot address arguments tomorrow. Learned senior counsel made a request that the matter be posted on 25.03.2014.

Consequently the matter is posted on 25.03.2014 at 2.00 P.M., at the request of the learned senior counsel for the petitioner.

Prayer made by Mr. Ram Jethmalani, learned senior counsel for the petitioner, for bail cannot be considered at this juncture, since no written proposal for payment in compliance with the directions issued by this Court has been made so far.

Court reporter @JaskiratSB tweeted:

Interesting moment between Sahara's [counsel] Rajeev Dhawan and Justice Khehar today… Dhawan: "Respect is matter of court discipline. If we meet on the streets the answer may be different."