SC orders auction of Aamby Valley after Subrata Roy fails to pay up

The Supreme Court on Monday ordered Sahara‘s luxurious 8,900 acre Aamby Valley City near Pune, Maharashtra to be auctioned as Subrata Roy failed to deposit Rs 5,092.6 crore with markets regulator SEBI to refund investors. The property is valued at Rs 39,000 crore. We can give enough indulgence. If you can’t pay, go to jail, the Bench headed by Justice Dipak Misra said.

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Author: Vicky Nanjappa

just a reporter

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