Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
September 26, Wednesday 2018 4:22 PM       

       HEADLINES: Balabhaskar's condition critical; friends, relatives visit hospital                                              Maoist presence in Wayanad again                                              40-yr-old teacher ‘elopes’ with tenth standard student                                              Leela Andarjanam donates traditional home to Seva Bharathi                                              Allotment of Breweries, distilleries: Chennithala alleges corruption to the tune of crores of rupees                                              Delhi, 4 Northern States Agree On Uniform Tax Rates On Fuel                                              Pak won't abandon peace efforts despite India's reluctance: Qureshi                                              Maldives government acknowledges opposition victory                                              Trump's latest tariffs on China begin to bite                                              China says can't hold US trade talks with 'knife to the throat'                                              I'm a 'scapegoat' says sacked Sri Lanka captain Mathews                                              Test cricket should not be tinkered with, says Kohli                                              Kaumudi Facebook
       INDIA Next Article: Will make provisions to hang rapists of minor girls, says Rawat  
       Sahara SEBI Case: Aamby valley auction fails, two buyers offer to buy properties
 
         Posted on :22:09:02 Jul 12, 2018
   
A A
       Last edited on:22:09:02 Jul 12, 2018
         Tags: Sahara SEBI Case, Aamby valley auction, two b
 
New Delhi: The Securities and Exchange Board of India (SEBI) on Thursday informed the Supreme Court that the auction of Sahara's Aamby valley property has once again failed, as they did not receive any bid for it.
 
However, two companies - Sai Rydam Realtors, Prime Downtown Real Estate - are willing to buy the land owned by Sahara at Vasai in Mumbai, the SEBI added.
 
The two companies have been asked to deposit a total of Rs. 982 crores to buy Sahara's three-acre land.
 
The two buyers deposited around Rs 100 crores today. They have been asked to deposit Rs 200 crores by July 24 and another Rs 200 crores by August 15. The remaining amount has to be deposited by September 12.
 
The court has finalised September 12 for the next hearing in the matter.
 
Earlier in February, the top court allowed the official liquidator and receiver in the SEBI-Sahara case to auction the saleable property of Aamby Valley till April 19 in order to complete the auction process.
 
The Sahara Group has been embroiled in a lengthy court battle with the SEBI, over a case involving Rs 24,000-crore refund to investors.
 
In October last year, the SEBI moved the top court, seeking contempt proceedings against the Sahara Group for allegedly obstructing the process of auctioning its Aamby Valley property in Pune, initiated on court's direction. 
A A
       INDIA
Next Article: Will make provisions to hang rapists of minor girls, says Rawat
 
 
INDIA HEADLINES
SC declares Aadhaar scheme constitutionally valid, strikes down some provisions  
Surgical strike hero killed in anti-infiltration operation  
Delhi, 4 Northern States Agree On Uniform Tax Rates On Fuel  
Amit Shah to attend BJP workers meet in Jaipur on Wednesday  
SC for declaration of criminal antecedents of candidates to EC  
SC refers PIL against female genital mutilation to five-judge constitution bench  
Petition moved in HC against triple talaq ordinance  
HC bans slaughtering of birds at Ghazipur mandi  
Prakash Ambedkar rejects Pawar's claims on poll support  
Guj: CBI arrests Indian Air Force officer for bribery  
Terrorism in Kashmir is Pakistan-sponsored: Rajnath Singh  
E V Ramasamy statue found vandalised  
Rahul fires fresh salvo at Modi on Rafale deal  
Rahul Gandhi a 'directionless leader', Cong creating campaign based on lies: Javadekar  
Two ministers dropped from Goa CM's Cabinet  
France fears Hollande's remarks on Rafale deal may hurt ties with India  
Pulwama encounter: Body of terrorist recovered  
Normal life paralysed due to heavy rains HP's Hamirpur  
PM Modi to visit Nepal again in November  
Telangana out of Ayushman Bharat scheme for time being  
Modi launches PMJAY-Ayushman Bharat, terms it biggest public funded healthcare scheme  
Encroachment on forest land can't be protected: Delhi HC  
AAP plans to contest 100 seats in next LS polls, focus on winning 25  
When will students be shifted from 99-year-old dilapidated school building: HC asks AAP govt  
Pak man sings Indian national anthem at Indo-Pak match  
 
Do you agree with KCBC's statement against nuns who protested?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy