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SC to hear Sebi's contempt plea against Sahara today

The SEBI mentioned the matter before a bench headed by Justice Ranjan Gogoi for urgent hearing

ANI  |  New Delhi [India] 

SC dismisses TN plea seeking recall of 2014 verdict banning Jallikattu

The Supreme will today hear the Sahara-case.

Earlier on Tuesday, the Securities and Exchange Board of (SEBI) moved the top court, seeking contempt proceedings against the Group for allegedly obstructing the process of auctioning its Aamby Valley property in Pune, initiated on court's direction.

The mentioned the matter before a bench headed by Justice for urgent hearing, saying the auction process was to start from Tuesday but Group has been "obstructing" it by allegedly suspending day-to-day business activities in the project.

It claimed that suspension of business activities would create a and order problem in the area and cause difficulties in carrying out the auction process.

Aamby Valley property auction process was to start from Tuesday but said Group has been "obstructing" it by allegedly suspending day-to-day business activities in the project.

First Published: Thu, October 12 2017. 08:10 IST
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