SEBI-Sahara: Supreme Court directs sale of Amby Valley

The Sahara group might be soon be bereft of a major money-making gold mine. A Supreme Court Bench of Justices Dipak Misra, Ranjan Gogoi and AK Sikri today directed that the Sahara group's premier property, Amby Valley, will be auctioned.

The order came after Senior Advocate Salman Khurshid submitted before the Court that efforts to pony up the cash were underway. He also mentioned that the money would be arranged by May 24, following sale of Sahara's stake . . .