Breaking SUPREME COURT REAFFIRMS PUBLIC DOMAIN PROTECTION FOR DIGITAL LAWS
New Delhi · Tuesday, 22 September 2026 9888666310 | [email protected]
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Supreme Court of India 2017-11-23 partly_allowed

Securities and Exchange Board of India vs Subrata Roy Sahara & Ors

Bench: 3 — <UNKNOWN>, <UNKNOWN>, <UNKNOWN>

In Brief

The Supreme Court addressed a contempt petition arising from Sahara's attempt to obstruct the Court-ordered auction of Aamby Valley property by appealing to police authorities. The Court held that such interference constituted contempt and reaffirmed that the High Court Judges have discretion in auction procedures. To protect the valuable property from encroachment pending completion of auction, the Court appointed the Official Receiver of the Bombay High Court as Receiver with responsibility for maintenance and security. Coordination between the Company Judge and Justice A.S. Oka was directed to ensure smooth auction proceedings."

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Contempt of Court Asset Recovery Property Auction Receivership Court Orders Compliance SEBI Enforcement

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