Tag: Aamby Valley
6 Results
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Bombay HC judges to facilitate auction of Aamby Valley: SC
The Supreme Court on Thursday granted liberty to two Bombay High Court judges to adopt procedures to facilitate the auctioning of Sahara’s prized Aamby Valley properties and directed the Official Liquidator not to allow any obstruction in the process. A three-judge bench, comprising Chief Justice Dipak Misra and Justices Ranjan Gogoi and A K Sikri,...
November 24, 2017 -
SC refuses to halt auction of Sahara’s Aamby Valley property
The Supreme Court on Thursday declined the plea of Sahara chief Subrata Roy to put on hold the auction of Aamby Valley. Refusing to postpone publication of sale notice for Aamby Valley on August 14, a bench headed by Justice Dipak Misra allowed the liquidator to go ahead with the auction. The Sahara Group had...
August 10, 2017 -
Sahara moves SC to stall Aamby Valley auction
On July 25, the apex court had asked Sahara chief Subrata Roy to deposit Rs 1,500 crore.
August 9, 2017 -
Pay Rs. 1,500 crore by Sept 7 to avoid Aamby Valley auction: SC to Subrata Roy
The Supreme Court on Tuesday ordered Sahara chief Subrata Roy to deposit Rs.1,500 crore by September 7, failing which the process to auction Aamby Valley will start. The Sahara chief told the apex court that he won't be able to pay up the sum by the deadline. The top court then asked the Bombay High...
July 25, 2017 -
SC wants Aamby Valley auctioned, asks Sahara chief to appear for hearing on April 28
The Supreme Court on Monday asked Bombay High Court's official liquidator to sell the Rs.34,000 crore worth of properties of the Aamby Valley owned by the Sahara Group and directed its chief Subrata Roy to personally appear before it on April 28. "Enough is enough. You cannot say something today and resile tomorrow," a bench,...
April 17, 2017 -
Will auction Aamby Valley if money not deposited, SC tells Sahara
The Supreme Court said it will be "compelled" to auction its property valued at Rs.39,000 crore at Aamby Valley in Pune if the Sahara Group fails to deposit Rs.5092.60 crore in SEBI-Sahara refund account by 17 April in pursuance of its order. A bench headed by Justice Dipak Misra told the group that no extension of time...
April 7, 2017