When a last-ditch effort was made by Roy pleading against custody, the bench said, "We want concrete proposal. You give us today or tomorrow". The court said it will hear his plea on March 11.
At the outset, Roy apologised before the bench for not complying with its order and assured that its order would be followed by him and sought more time for refunding money to investors.
"I have faith in you. Punish me if I don't comply with your order," Roy submitted to the bench.
While seeking more time, Roy said the Group will sell its properties to refund the amount to the investors.
The bench told Roy, "You can't make payment in cash as it is contrary to law. You have to make payment through demand draft or cheque."
The bench also rapped Sahara Group for not abiding by its order and taking contradictory stand on payment of investors' money.
"You pushed us to the corner. Had you been serious, this position would not have arrived," it said.
While directing the custody of Roy and two directors, the bench said it was implementing its order.
Earlier during the day, when Roy stepped down from one of the cars of the Uttar Pradesh Police convoy, the man in his mid 30s, Manoj Sharma, threw a bottle of ink on Roy's face and started shouting "Sahara chor hai (thief)".
