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I.A. Nos. 13-15/2014 in Compt. Pet. (C) No. 412/2012 and 413/2012 in C.A. No. 9813/2011 and C.A. No. 9833/2011 and Compt. Pet. (C) No. 260/2013 in C.A. No. 8643 of 2012. Case: S.E.B.I. Vs Sahara India Real Estate Corpn. Ltd.. Supreme Court (India)

Judgment Cited in Precedent Map Related
Vincent
Case NumberI.A. Nos. 13-15/2014 in Compt. Pet. (C) No. 412/2012 and 413/2012 in C.A. No. 9813/2011 and C.A. No. 9833/2011 and Compt. Pet. (C) No. 260/2013 in C.A. No. 8643 of 2012
JudgesT.S. Thakur, Anil R. Dave and Arjan Kumar Sikri, JJ.
IssueProperty Law
Citation2014 (9) SCALE 74
Judgement DateJuly 30, 2014
CourtSupreme Court (India)

Order:

  1. Heard. Pursuant to our order dated 25th July, 2014, Mr. Ranjit Kumar, learned Solicitor General of India, has filed an affidavit sworn by Superintendent of the Central Jail, No. 3, Tihar, New Delhi, setting out two "Options" which could be considered to facilitate effective negotiations between the contemnors on the one side and prospective buyers/lenders on the other in connection with the proposed sale of property owned by Sahara. M/s. Harish N. Salve and Mr. K.T.S. Tulsi, learned senior counsel appearing for the contemnors submit that "Option-I", set out in para '3' of the affidavit, is acceptable to his clients and would suffice, subject to certain further directions on the subject including directions touching the 'Visiting hours" to be specified by this Court keeping in view the time-difference between India and the United States of America. Mr. Salve further suggests that the modalities...

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