×
E-PAPER ▾

E-paper

Nation

Supreme Court threatens to jail ‘anybody’ for interference

| | New Delhi

The Supreme Court on Thursday took serious exception to Sahara chief Subrata Roy's interference in the auction process of his prime estate Aamby Valley, the auction of which got stalled after Roy's letter to police authorities in Pune warned of a law and order situation ahead of a possible lockdown forcing police to seize control of the premises.

The Securities Exchange Board of India (SEBI) conducting the auction brought the matter to the Supreme Court which ordered auction. It filed a contempt petition against Roy for writing a letter to Superintendent of Police (Pune) which proved to be an obstacle in the auction process. SEBI counsel Arvind Datar informed the Court that as on date, no buyer had come forth to participate in the auction.

On reading the contents of the letter, the Bench headed by Chief Justice Dipak Misra told Roy's counsel senior advocate Mukul Rohatgi, "You should not have written the letter," refusing to give Rohatgi a hearing despite his several requests. The Court ordered the police to evacuate the premises within 48 hours and directed the official liquidator of the Bombay High Court to restart the auction under the supervision of the Company Court judge and a sitting Bombay High Court judge.

The Bench threatened jail for anybody who interfered with the auction process. and posted the matter for hearing on November 23. 

 
 
 
 
 

TOP STORIES

Sunday Edition

View All

My father lived, died for India, says Rahul

15 Jul 2018 | PTI | New Delhi

Amid row over alleged use of derogatory language in a web series while referring to former Prime Minister Rajiv Gandhi, Congress chief Rahul Gandhi on Saturday said the BJP and the RSS believe that freedom of expression must be policed, while he regards it as a fundamental democratic right. “My father lived and died in the service of India...

Read More

STATE EDITIONS

View All

Pranaam Pawas: A poetic event organised to welcome monsoon

17 Jul 2018 | Staff Reporter | Bhopal

Phir Khule Akaash me Judde Ghataon Ke, Phir Hawaon Ke Dupatte Ho Gaye Jheene, a poetic event centered on creations about monsoon ‘Pranaam Pawas’ concluded in city. The event was organised by the Dushyant Kumar Memorial Manuscript Museum to welcome the monsoon season...

Read More

Page generated in 2.9118 seconds.