In a major setback to Subrata Roys' Sahara Group, the Bombay High Court on Monday put up its prestigious Aamby Valley city properties in Maharashtra for public auction.
The Supreme Court on Monday rejected Sahara chief Subrata Roy’s plea seeking more time to deposit remaining Rs 966.80 crore out of Rs 1500 crore by November 11 in Sebi-Sahara account. The apex court also directed the official liquidator to go ahead with the scheduled auction of Sahara’s Aamby Valley property at Mumbai, which is valued at Rs 37, 392 crore.