August 16, 2026 08:52 pm (IST)
Aamby Valley property to be auctioned off if Sahara fails to meet payment deadline
New Delhi, Apr 27 (IBNS): Subrata Roy, chief of the beleaguered company Sahara, informed the Supreme Court on Thursday that his company will deposit Rs 1500 crore by June 15, this year, according to media sources.
The apex court has said that Roy will be sent to jail and the company's Aamby Valley property, valued at Rs 37,000 crore, auctioned off, if he fails to meet the submission deadline, media reported.
He has also offered to deposit Rs 5000 crore with the Securities and Exchange Board of India (Sebi) by October, this year, media reported,
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Modi’s 'Dimagi Naxal' remark ignites political war: Chidambaram responds with ‘proud’ swipe, Rijiju clarifies comment
Sun, Aug 16 2026
Shocking Airport incident: Passenger’s gun goes off during security screening in Varanasi, 2 injured
Sun, Aug 16 2026
Kerala Vande Mataram row: BJP accuses UDF government of 'appeasing extremist groups'
Sun, Aug 16 2026
'Entering politics was a mistake': Ex-Bengal deputy speaker Asish Banerjee's suicide note recovered
Sun, Aug 16 2026
Shah Rukh Khan, Ajay Devgn, Tiger Shroff get Maharashtra FDA notice over Vimal Elaichi ad
Sun, Aug 16 2026
‘Students must be free to express their views’: Bar Council chief apologises after NALSAR row
Sat, Aug 15 2026
BJP accuses Sonia Gandhi of objecting to full Vande Mataram rendition; Congress dismisses claim
Sat, Aug 15 2026
