2015 (1) TMI 112

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....A.K. SIKRI, JJ. Pratap Venugopal, Gaurav Nair and Vishwa Pal Singh for the Petitioner. Dr. Rajeev Dhavan, Keshav Mohan, Gaurav Kejriwal, Jatin Pore, Sandeep Bajaj, Mrs. Shally Bhasin Maheshwari and Gautam Awasthi for the Respondent. ORDER 1. Heard. Order reserved. 1.1. In the course of the resumed hearing today, Dr. Dhawan, learned senior counsel for the applicant contended that apa....

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....a proposing to dispose of their stakes in the said three properties to which the Bank has given its, in principle, approval. It was submitted that this Court could apart from lifting the embargo on the sale of the moveable and immovable assets in India, vacate the same qua the said three properties to enable Saharas to comply with the directions issued by this court. 2. There is nothing on reco....

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....ank of China and its response shall be placed on record before this Court along with an affidavit within one week from today. He further submitted that apart from the correspondence that may be exchanged on the subject between Saharas and the Bank of China, the Bank of China will also be requested to confirm the amount that is outstanding towards the loan advanced by it in regard to each one of th....