https://www.taxtmi.com/caselaws?id=345948 The Supreme Court directed SEBI to ensure prompt encashment of a significant cheque amount and approved auction terms for property realization. The respondent-contemnor was ordered to deposit specific sums by set deadlines, emphasizing timely action to prevent delays. Publication of sale notices and auction steps were mandated, with expenses covered by SEBI. The presence of parties in court was required, and interim orders were to continue. Withdrawals of applications were allowed, and a seized passport was to be released following the individual's sentence completion, with the Union of India's assistance. en-us Tue, 25 Jul 2017 00:00:00 +0530 Tue, 01 Aug 2017 09:04:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345948 The Supreme Court directed SEBI to ensure prompt encashment of a significant cheque amount and approved auction terms for property realization. The respondent-contemnor was ordered to deposit specific sums by set deadlines, emphasizing timely action to prevent delays. Publication of sale notices and auction steps were mandated, with expenses covered by SEBI. The presence of parties in court was required, and interim orders were to continue. Withdrawals of applications were allowed, and a seized passport was to be released following the individual's sentence completion, with the Union of India's assistance. Case-Laws Companies Law Tue, 25 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345948