Ob­struct Sa­hara’s Aamby Val­ley auc­tion, go to jail: apex court

The Hindu Business Line - - NEWS -

The Supreme Court on Thurs­day took strong ex­cep­tion to the Sa­hara Group al­legedly ob­struct­ing the auc­tion­ing process of Aamby Val­ley and warned that any­one in­dulging in such an act would be held li­able for con­tempt of court and “sent to jail”. The apex court was irked when SEBI claimed that the group had al­legedly ob­structed the 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 in this re­gard, a bench headed by Jus­tice Di­pak Misra said the group should not have en­tered into a com­mu­ni­ca­tion with Pune’s Su­per­in­ten­dent of the Po­lice (Ru­ral) on the is­sue since the auc­tion had been or­dered by the top court. “If any im­ped­i­ment is caused in the auc­tion­ing process by any­one, he shall be li­able of con­tempt of this court and sent to jail,” the bench, also com­pris­ing Jus­tices Ran­jan Go­goi and AK Sikri, said. The pu­n­ish­ment for con­tempt is up to six months of sim­ple im­pris­on­ment.

Later, how­ever, the apex court clar­i­fied that it was not ini­ti­at­ing any con­tempt ac­tion at this stage.

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