‘JAIL FOR THOSE BLOCKING AAMBY VALLEY AUCTION’
NEWDELHI: The Supreme Court on Thursday took strong exception to the Sahara Group allegedly obstructing the auctioning process of Aamby Valley and warned that anybody creating impediments would be liable for contempt and may be “sent to jail”.
The apex court was irked when SEBI claimed that the group had allegedly obstructed the aunctioning process by writing a letter to the Pune police raising the issue of law and order at the prime property.
Taking note of SEBI’S allegation, a bench headed by Justice Dipak Misra said the group could not have entered into a communication with Pune’s superintendent of the police (rural) on the issue since the auction has been ordered by the top court.
Senior advocate Arvind Datar, appearing for SEBI, claimed before the bench that the September 28 communication, addressed by the group to Pune police regarding law and order situation at Aamby valley, has stalled the ongoing auction process.