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Sahara properties’ sale: SC seeks govt, Sebi replies
Mint Mumbai
|October 15, 2025
The Supreme Court on Tuesday asked the Union government and markets regulator Securities and Exchange Board of India (Sebi) to respond to a plea by Sahara India Commercial Corporation Ltd (SICCL) seeking approval to sell 88 properties to Adani Properties Pvt. Ltd to raise funds to repay investors.
A special bench led by Chief Justice B.R. Gavai, comprising Justices Surya Kant and M.M. Sundresh, directed Sahara to implead finance and corporate affairs ministries in the case.
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