In Brief
The Supreme Court addressed multiple interlocutory applications arising from the Sahara refund mandate. A Power of Attorney Holder proposed selling Hotel Plaza to a foreign company but failed to deposit promised security funds, indicating lack of bona fides. The Court directed deposit of ₹10 crore as forfeiture, passport surrender, and Red Corner Notice issuance. Finding non-compliance, the Court appointed the Official Liquidator to auction Aamby Valley City property and ordered personal presence of the contemnor on a specified date, warning that interim bail orders could be varied and custody imposed if directions were not followed."
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