Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
Take help from official receiver and auction Aamby Valley: SC tells Bombay HC liquidator
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit

Take help from official receiver and auction Aamby Valley: SC tells Bombay HC liquidator

FP Staff • November 23, 2017, 19:17:30 IST
Whatsapp Facebook Twitter

Sahara chief Subrata Roy has faced court’s wrath earlier also over auction of Aamby Valley in Pune

Advertisement
Subscribe Join Us
Choose
Firstpost on Google
Choose
Firstpost on Google
Take help from official receiver and auction Aamby Valley: SC tells Bombay HC liquidator

Mumbai: The Supreme Court on Thursday directed the official receiver of the Bombay High Court to facilitate auctioning of Sahara’s Aamby Valley property. “We want the Aamby Valley property to be auctioned,” the SC bench hearing the case said. The apex court also asked Bombay HC Official Liquidator to ensure auctioning takes place smoothly. In October, the Securities and Exchange Board of India had told the SC that Sahara was obstructing auction of the Pune city. Sebi also appealed to the top court to start contempt proceedings against Sahara. The court had also warned Sahara any attempt to stop the auction would amount to contempt of court. The market regulator in its petition before the SC had pointed out Sahara had approached the Pune rural police. The court had then reprimanded Sahara for talking to Pune rural police about the auction as the process was ordered by the apex court. [caption id=“attachment_4224595” align=“alignleft” width=“380”] ![Subrata Roy.](https://images.firstpost.com/wp-content/uploads/2017/11/Subrata-Roy_380.jpg) Subrata Roy.[/caption] Earlier, the Bombay HC official liquidator had fixed more than Rs 38,000 crore as reserve price of the city. Sebi had also alleged Sahara was suspending day-to-day business activities in the project that may result in law and order problem. The matter came up for hearing before the bench of chief justice Dipak Misra and justices Ranjan Gogoi and A K Sikri who asked the official liquidator of the Bombay HC to take the help of the Receiver and ensure that the Aamby Valley properties are auctioned, PTI reported. Sahara has to return some Rs 36,000 crore to investors. The bench also asked the official liquidator to take instructions from the company judge or the Bombay High Court. The OL has been entrusted with the task of conducting the auction of the city near Pune.

Tags
Securities and Exchange Board of India SEBI Bombay High Court Subrata Roy Sahara sahara aamby valley official liquidator
  • Home
  • Business
  • Take help from official receiver and auction Aamby Valley: SC tells Bombay HC liquidator
End of Article
Latest News
Find us on YouTube
Subscribe
  • Home
  • Business
  • Take help from official receiver and auction Aamby Valley: SC tells Bombay HC liquidator
End of Article

Impact Shorts

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai leads India in challan checks, with drivers checking their e-challans over 5 times a month on average. Helmet non-compliance is the most broken rule, accounting for 34.8% of all traffic offences in Chennai. Regular digital challan checks help drivers avoid hefty fines, promote safe driving, and improve insurance premiums.

More Impact Shorts

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Enjoying the news?

Get the latest stories delivered straight to your inbox.

Subscribe
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV