Besides Roy, the apex court also granted parole to one of jailed Sahara directors Ashok Roy Choudhary, who is a relative of Subrata.
Subrata Roy has been in Tihar jail since March 4, 2014.
The Chief Justice said that some people play with the dignity of the court and there were some lawyers who are disrespectful towards the court.
It asked the Sahara chief to discuss the roadmap for future payments with amicus curiae Shekhar Naphade and Sebi, and said if they are convinced, the court could look into it