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Sahara SEBI dispute: SC bench of 3 judges will hear, no stay on auction of Aamby Valley


The Supreme Court said on all the applications filed in the case that the petitioners should decide among themselves which matter should be heard first. The Supreme Court has refused to ban the auction of MB Valley for the time being.

Sahara SEBI dispute: SC bench of 3 judges will hear, no stay on auction of Aamby Valley

The Supreme Court will hear on December 7.

Image Credit source: TV9

Regarding the ongoing dispute between Sahara and SEBI Supreme Court Heard on Friday. Meanwhile, the Supreme Court has refused to stay the auction process of Aamby Valley. Along with this, a two-judge bench of the Supreme Court has sent the matter to a three-judge bench. Justice Sanjiv Khanna’s bench said that the Chief Justice will constitute a three-judge bench in the case. The next hearing of the case in the Supreme Court will be on December 7.

The Supreme Court said on all the applications filed in the case that the petitioners should decide among themselves which matter should be heard first. The Supreme Court has refused to ban the auction of MB Valley for the time being. It has been said on behalf of MB Valley that the property of MB Valley is being auctioned, until the court hears the matter, the auction should be stayed.

Verdict reserved in collegium case

On the other hand, the Supreme Court has reserved its decision on the petition demanding that the agenda of the collegium meetings be made public. A bench headed by Justice MR Shah said during the hearing that the collegium system is a transparent body. He should be allowed to do his work. The system is doing its job, don’t try to derail it. Justice MR Shah said during the hearing of the case that the members who were part of the collegium now say what they say about the collegium. We do not want to comment on that.

He said that commenting on the collegium has become a fashion nowadays for the former members of the collegium. In fact, the petition filed demanding the agenda of the collegium system to be made public was dismissed by the Delhi High Court. Against which an appeal has been filed in the Supreme Court.

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SC to hear Michel’s plea on December 6

At the same time, the Supreme Court said on Friday that it will hear on December 6 the bail plea of ​​Christian Michel, the middleman in the alleged AgustaWestland helicopter scam. In this case, the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) have registered two separate FIRs. Chief Justice D.Y. A bench of Justice Chandrachud and Justice PS Narasimha said it listed the plea for hearing on Tuesday as there were a lot of matters to hear today. Earlier in May, the apex court had sought response of the CBI and the ED on the bail pleas. The case pertains to an alleged scam of Rs 3,600 crore in the purchase of 12 VVIP helicopters from AgustaWestland Company. (also from input language)



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