NEW DELHI: Supreme Courtroom on Tuesday heard a plea by Sahara India Industrial Company Ltd (SICCL) in search of its nod to promote a number of of its belongings — together with Amby Valley in Maharashtra and Sahara Saher in Lucknow — to Adani. Properties Non-public Restricted.The apex courtroom sought responses from the Heart and the Securities and Alternate Board of India (Sebi) on the plea and directed that the ministries of finance and cooperation be made events to the proceedings. The bench additionally requested amicus curiae to collate particulars of the 88 properties proposed to be bought to the Adani Group and to organize separate lists categorizing them as “clear” or “disputed.” The matter has been listed for additional consideration on November 17, information company PTI reported.The SICCL, by means of its plea filed by advocate Gautam Awasthi, sought the courtroom’s permission “to outright promote numerous properties belonging to the Sahara Group to Adani Properties Non-public Restricted, for the consideration and on the phrases and circumstances as set out within the time period sheet dated September 6, 2025.”The Sahara agency mentioned that out of the full principal quantity of Rs 24,030 crore, it had realized roughly Rs 16,000 crore by means of the sale of its belongings and deposited the quantity within the Sebi–Sahara Refund Account. It pointed to Sebi’s incapacity to liquidate or promote Sahara Group belongings regardless of participating prime actual property brokerage companies.Following the demise of Sahara Group chief Subrata Roy in November 2023, the plea mentioned the group misplaced its principal decision-maker. The household, nevertheless, determined to liquidate the group’s belongings “on the most worth and in an expeditious method to fulfill the orders handed by this courtroom, discharge liabilities, and put an in depth to the current.” contempt proceedings.”The proposed sale to Adani Properties, overlaying 88 properties, is being described within the plea as a major breakthrough geared toward unlocking asset worth and making certain compliance with monetary obligations. mandated by the courtroom.In September, the Supreme Courtroom had additionally directed the disbursal of Rs 5,000 crore from the Rs 24,030 crore deposited with Sebi for compensation to the depositors of Sahara Group’s cooperative societies, in keeping with Its earlier order from March 2023.