Cheating case in Mumbai: Yash Birla property to be auctioned

On Wednesday, at the special Maharashtra Protection of Interest of Depositors court, the deputy collector, who is the competent authority in the case, submitted a draft notice and a notice for sale to be published in a newspaper for the auction. Advocate Ramakant Gaur, representing Birla, told the court that a no objection to sell the property was already given, which means that the property has been surrendered and the auction should be done as per due process of law. Special Judge DP Surana directed the deputy collector’s office to proceed with the auction sale with orders to complete the process within 15 days of the publication of notice in a newspaper.

Meanwhile, the Mumbai Economic Offences Wing, which is investigating the case, has filed its reply on the bail plea of the accused, including Birla.