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SC allows Sahara to sell property inside Amby Valley till May 15

1,685 views · Published 19 April 2018 · 1:12 · Indexed 4 November 2026

Channel: NYOOOZ TV · 2018 · News & Politics

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The Supreme Court on Thursday allowed the Sahara Group to choose any parcel of its property in the Aamby Valley city project in Maharashtra and sell them by May 15 and deposit the proceeds with the SEBI-Sahara refund account. The bench comprising of Justices Ranjan Gogoi and A K Sikri, asked the court receiver to collect money on the account of maintenance and pay them to the group if it resumes the maintenance work. The court told senior advocate Vikas Singh, counsel for Subrata Roy and Sahara Group, that they have got time till May 15 to sell the properties by themselves or these would be auctioned. It fixed the matter for further hearing on May 15.


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