The Securities and Exchange Board of India (SEBI) has moved another contempt plea against Sahara group, alleging that the company is obstructing the auction of Aamby Valley.
SEBI further said that Sahara was breaching the Supreme Court’s order to cooperate with auction proceedings.
Earlier, only two potential bidders were believed to have shown initial interest for embattled Sahara group's super luxurious Aamby Valley resort town, which has been put up for a Supreme Court ordered auction by the official liquidator at a reserve price of Rs 37,392 crore.
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