{"id":149404,"date":"2017-08-10T18:30:36","date_gmt":"2017-08-10T13:00:36","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=149404"},"modified":"2017-08-10T18:30:36","modified_gmt":"2017-08-10T13:00:36","slug":"no-relief-for-subrata-roy-as-supreme-court-refuses-to-lift-the-attachment-on-aamby-valley","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/08\/10\/no-relief-for-subrata-roy-as-supreme-court-refuses-to-lift-the-attachment-on-aamby-valley\/","title":{"rendered":"No relief for Subrata Roy as Supreme Court refuses to lift the attachment on Aamby Valley"},"content":{"rendered":"

Supreme Court<\/strong>: The 3-judge bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri, JJ refused to entertain the plea of Sahara Group of Companies to stop the auction and lift the attachment on the Aamby Valley City and allow Aamby Valley Ltd., to enter into the agreement with Royal Partners Investment Fund Ltd., for investment of US$ 1.67 Billion.<\/p>\n

The Court said that it is not inclined to entertain the aforementioned \u00a0prayers, however, if the applicant enters into any negotiations and deposits the amount before this Court, appropriate order shall be passed on the next date of hearing. [SEBI v. Sahara India Real Estate Corpn. Ltd., CONMT.PET.(C) No. 412 \/2012, order dated 10.08.2017]<\/p>\n","protected":false},"excerpt":{"rendered":"

Supreme Court: The 3-judge bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri, JJ refused to entertain the plea of Sahara <\/p>\n","protected":false},"author":121,"featured_media":154914,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,9],"tags":[16011,2564,2687,11561],"class_list":["post-149404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-supremecourt","tag-aamby-valley","tag-Contempt","tag-Sahara","tag-subrata-roy"],"yoast_head":"\nNo relief for Subrata Roy as Supreme Court refuses to lift the attachment on Aamby Valley | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2017\/08\/10\/no-relief-for-subrata-roy-as-supreme-court-refuses-to-lift-the-attachment-on-aamby-valley\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No relief for Subrata Roy as Supreme Court refuses to lift the attachment on Aamby Valley\" \/>\n<meta property=\"og:description\" content=\"Supreme Court: The 3-judge bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. 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Sikri , JJ told the Sahara Group of Companies and it's head Subrata Roy that it will order the commencement of the Aamby Valley auction process of Rs. 1500 Crores are not deposited with the SEBI by 07.09.2017.\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":125331,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/17\/sahara-matter-aamby-valley-property-to-be-auctioned-subrata-roy-to-appear-before-the-court-on-27-04-2017\/","url_meta":{"origin":149404,"position":2},"title":"Sahara Matter: Aamby Valley property to be auctioned; Subrata Roy to appear before the court on 27.04.2017","author":"Prachi Bhardwaj","date":"April 17, 2017","format":false,"excerpt":"Supreme Court: The bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri, JJ ordered the auction of the Aamby Valley City near Lonavala, Maharashtra due to non-payment of amount as agreed by the Sahara Group of Companies and asked the contemnors to provide all the necessary details relating to\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/DSC_5487.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170934,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/11\/23\/sahara-matter-official-receiver-bombay-hc-oversee-aamby-valley-auction\/","url_meta":{"origin":149404,"position":3},"title":"Sahara matter: Official Receiver of Bombay HC to oversee Aamby Valley auction","author":"Prachi Bhardwaj","date":"November 23, 2017","format":false,"excerpt":"Supreme Court: Appointing the Official Receiver of the Bombay High Court as the receiver for the auction of the Aamby Valley Property, the 3-Judge Bench of Dipak Misra, CJ and Ranjan Gogoi and Dr. AK Sikri, JJ ordered auction of the property after SEBI sought for the direction of the\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":155854,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/09\/11\/sc-tells-sahara-chief-subrata-roy-enough-is-enough-orders-auction-of-aamby-valley\/","url_meta":{"origin":149404,"position":4},"title":"SC tells Sahara chief Subrata Roy, enough is enough; Orders auction of Aamby Valley","author":"Prachi Bhardwaj","date":"September 11, 2017","format":false,"excerpt":"Supreme Court: The 3-judge bench of Dipak Misra, CJ and Ranjan Gogoi and Dr. AK Sikri, JJ , refusing to grant of further time to Sahara Group and Subrata Roy and entertaining post-dated cheques which are dated 11th November, 2017, said that the same would tantamount to travesty of justice\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":99301,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/01\/13\/sahara-matter-date-to-deposit-rs-600-crores-not-extended-failure-will-lead-subrata-roy-back-to-prison\/","url_meta":{"origin":149404,"position":5},"title":"Sahara Matter: Date to deposit Rs. 600 Crores not extended; failure will lead Subrata Roy back to prison","author":"Prachi Bhardwaj","date":"January 13, 2017","format":false,"excerpt":"Supreme Court: Refusing to extend the deadline to deposit the amount of Rs. 600 Crores before 06.02.2017, the 3-judge bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. 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