9911796707
TMI Blog2017 (2) TMI 416X X X X Extracts X X X X X X X X Extracts X X X X ..... neral and Mr. Rana Mukherjee, learned senior counsel appearing for the Union of India. At this stage, it is obligatory to note, as submitted counsel appearing for SEBI, which has been echoed in similar voice by Mr. Naphade, learned Amicus Curiae, that the contemnors who own a property situate at Aamby Valley City, Pune, Maharashtra, would be sufficient for realization of the whole amount. Mr. Venugopal, insisted that the property should be attached so that the contemnors shall make all endeavour to deposit the amount with SEBI. The said submission is seriously opposed by Mr. Sibal, learned senior counsel for the contemnors. Thus we are of the convinced opinion that the property situated at Aamby Valley City, Pune, should be attached a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Adv., Ms. Sadhna Sandhu, Adv., Mr. Rajat Nair, Adv., Mr. M.K. Maroria, Adv., Mr. P.K. Gautam, Adv., Mrs. Anil Katiyar, AOR Mr. Rakesh Kr. Sharma, AOR Mr. Amit Anand Tiwari, AOR Mr. Yash Pal Dhingra, AOR Mr. P.N. Puri, AOR Ms. Sharmila Upadhyay, AOR Mr. Saiby Jose Kidangoor, Adv., Mr. C.K. Sasi, AOR Mr. G. Sivabalamurugan, AOR Ms. Vandana Sehgal, AOR Mr. Anand Daga, Adv., Mr. Maninder Singh, ASG Mr. D.L. Chidananda, Adv., Mr. A.K. Srivastava, Adv., Ms. Sushma Manchanda, Adv., Mr. Manoj Singh, Adv., Mr. B.K. Prasad, AOR Mr. Ankur S. Kulkarni, AOR Mr. Anupam Lal Das, AOR Mr. Anish Maheshwari, Adv., Ms. Farha Malik, Adv., Ms. Rajeeta Raj, Adv., Mr. Prashant Choudhary, AOR Mr. Yunus Malik, Adv., Mr. Sanjeev Agarwal, AOR Ms. Meenakshi Arora, Sr. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 28th November, 2016, stands complied with. The question that emerges for consideration is with regard to payment of entire principal sum. The issue of amount of interest shall be adverted to after deposit of the principal amount. Mr. Sibal, learned senior counsel has given a road map stating, inter alia , that the principal amount shall be cleared by end of July, 2019. It is apt to note here that the learned counsel appearing for the SEBI has filed an application for attachment of properties of the contemnors. Having heard learned counsel for the parties, as advised at present, we direct that the contemnors shall file a list of properties that can be put to public auction. Needless to emphasize that the properties suggested for ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
