‘JAIL FOR THOSE BLOCK­ING AAMBY VAL­LEY AUC­TION’

Hindustan Times (Gurgaon) - - Nation -

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.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.