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SC refuses to extend deadline to deposit Rs.5,092.64 crore with Sebi

SC refuses to extend deadline to deposit Rs.5,092.64 crore with Sebi

Tuesday, March 21, 2017, 10:00 PM

The Supreme Court on Tuesday threatened to auction off Aamby Valley if the Sahara India Group does not deposit Rs 5,092.64 crore with the Securities and Exchange Board of India (Sebi) by 17 April. Deposit the money or Aamby Valley will be sold,” the court said in an oral observation, referring to Sahara’s high-end township that has already been attached by the court.
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