SBI had put on block around 300 properties worth Rs 1,200 crore, including offices, shops, factory buildings and residential apartments spread across 25 cities including four major metros through an e-auction last Saturday, after it had put out a public notice on Thursday.
The final hearing on Subrata Roy's plea is going to take place at the Securities Appellate Tribunal (SAT). This is after market regulator Securities and Exchange Board of India‘s (Sebi‘s) attachment order on Subrata Roy‘s bank accounts and other assets came, along with those of two group firms and their top executives.
Indian Legal Service officer P K Malhotra has been appointed as new secretary in the Legislative Department. Malhotra is currently member of Securities and Appellate Tribunal (SAT), Mumbai. The vacancy was necessitated following superannuation of VK Bhasin.