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2017 (11) TMI 443 - SC - Companies LawAction process - Held that:- The respondent-contemnor could not have entered into correspondence with the Superintendent of Police when this Court had directed for auction of Aamby Valley. As submitted by Mr. Datar that as a consequence of the communication, the police has taken custody of the property. If it is so, we direct the Director General of Police, Maharashtra, to see to it that the property is handed over to the Official Liquidator within forty-eight hours. The Official Liquidator shall proceed with the auction under the direct supervision of the Company Judge. That apart, the Official Liquidator shall also take guidance from Justice A.S. Oka, a sitting Judge of the Bombay High Court. The Company Judge and Justice A.S. Oka shall make joint endeavour so that the auction process which is to commence from a particular stage, shall continue and be over. If any impediment is created by anyone, he shall be liable for contempt of this Court and may be sent to jail. The concerned police shall render requisite assistance in the holding of auction as and when directed by the learned Company Judge in consultation with Justice A.S. Oka.
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