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Sahara Failed To Deposit Rs 750 Crore, Aamby Valley Auction To Continue, Says Supreme Court

The bench on April 19 had said that the group had time till May 15 to sell its property.
The bench on April 19 had said that the group had time till May 15 to sell its property.
New Delhi: The Supreme Court on Wednesday said the process for the auction of Sahara's Aamby Valley project in Maharashtra will continue after the group failed to deposit Rs 750 crore in the SEBI-Sahara Refund Account. The order by a bench of Chief Justice Dipak Misra, Justice Ranjan Gogoi and Justice A.K. Sikri came after the official liquidator said that the Sahara Group has not deposited Rs 750 crore in the refund account. Postin...
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