While seeking "protection and security of the asset valued at '1 lakh crore", Sahara had informed them about suspension of all business activities of Aamby Valley and its subsidiaries/associate companies from October 3 and subsequent lockout to four establishment from October 19, Sebi said in its contempt plea.
"If any impediment by anyone ... this court will take contempt and send him to jail", the apex court said in its order, taking stern view of a communication by Sahara group to the Superintendent of Police, Pune Rural, that according to market regulator Sebi, stalled the property's auction.
The bench said by Taking exception of the letter written by the company that it would not tolerate any interference by any group official in the auction process and a person would be sent to jail for such activity.
Following Sahara's communication, police took the property, which was to be auctioned, under its charge.
Recent Analysts Ratings Host Hotels & Resorts, Inc. (HST) It has outperformed by 7.02% the S&P500. (NYSE:HST) hold onto their early gains? Investors sentiment increased to 1.26 in 2017 Q2. Robinson Capital Management Llc holds 2.48% of its portfolio in Eaton Vance National Municipl Opprtnt Tr for 436,503 shares.
Local councils weigh in on Boy Scouts' admittance of girls Mark Conrad, scout executive for the Texas Trails Council of Boy Scouts , said it's up to each pack on whether to allow girls . In 2016, 822,999 boys were in Boy Scouts and Varsity Scouts and 136,629 young men and women were in Venturing and Sea Scouts.
On Sebi's allegation that the police had taken custody of the property due to which no bidder was willing to take part in the auction process, the bench asked the Director General of Police, Maharashtra, to ensure that the property was handed over to the liquidator within 48 hours.
The apex court was irked when SEBI claimed that the group had allegedly obstructed the process by writing a letter to the Pune police raising the issue of law and order at the prime property. The official liquidator shall proceed with the auction process under the direct supervision of the Company Judge.
Senior advocate Mukul Rohatgi, representing the group, claimed wrong statements were being made to prejudice the court as no bidder came forward. Questioning why the letter to the police was written, judge Misra said, "Our order is violated". We don't want to hear you today.
The SC was hearing the Sebi's plea asking it to initiate contempt proceedings against Sahara group chief Subrata Roy and six other directors for "obstructing and derailing" the court-monitored auction process of Aamby Valley. "Sahara has been creating obstruction one way or the other in the sale of their properties, including by way of collusive applications and lockouts to scare away auction bidders", the plea said.
It improved, as 4 investors sold Athersys, Inc . shares while 13 reduced holdings. (NASDAQ: ATHX ) for 37,200 shares. Perhaps, that suggests something about why 19.85% of the outstanding share supply is held by institutional investors.
Finally, Harel Insurance Investments & Financial Services Ltd. boosted its stake in Altria Group by 3.4% in the fourth quarter. Gemmer Asset Management Limited Liability Com holds 0.08% of its portfolio in Altria Group Inc (NYSE:MO) for 2,559 shares.
The institutional investors in our partner's database now hold: 249.87 million shares, up from 242.86 million shares in 2017Q1. It dived, as 39 investors sold DLPH shares while 182 reduced holdings. 87 funds opened positions while 156 raised stakes.
This year, Penn State is now ranked No. 3 in the country and could well be headed for a College Football Playoff berth. Sumlin is due the remainder of his contract if fired while Franklin has a $2 million buyout according to Dodd.
Sobbing, Bell explains that she had been up with the baby most of the night and had fallen asleep on the couch at 5 a.m. Her parents told police that she was fine when they fed and changed her at 5 a.m., but hours later, she was gone.
Heavy shelling from both sides in KG Sector and Khari Karmara areas is on since 7am, said an intelligence official. The spokesperson said Reddy was a fearless and sincere soldier and Zahir was an honest and dedicated worker.
Finally, Wells Fargo & Company initiated coverage on Discovery Communications in a research report on Thursday, July 20th. Tower Research Capital LLC TRC raised its holdings in shares of Discovery Communications by 437.1% in the second quarter.
The main conservative and liberal parties are competing to form a government after an election last month ended inconclusively. The Green party won 8 seats and leader James Shaw has repeatedly said his party have committed to supporting Labour.
Stunned US face major questions after World Cup debacle
Club soccer teams price out poor families during the crucial development years. "There's nothing wrong with what we're doing". The highest professional soccer league in the US, Major League Soccer, is no longer considered a joke around the globe.
South West leaders rule out auto-ticket for Buhari
As a party, we are trying to review our position to see what we are going to do to get Ekiti back for APC in 2018". What we want is devolution of functions from the centre to the states and the local governments.
Brady playing through injury to left shoulder
A storm might be brewing in New England and it's not at all related to the Patriots' reliably unreliable defense. Brady says he'll be on the field Sunday to play the New York Jets in a fight for first place in the AFC East .
Lions place Haloti Ngata on injured reserve with elbow injury
Although the 33-year-old can still be reinstated from injured reserve in eight weeks, the injury is likely to be season-ending. Ngata is in the final year of his contract and had briefly considered retirement before opting to return for another season.