ETV Bharat / bharat

Sahara Firm Seeks Permission From SC For Sale Of Group's Assets To Adani Properties

Sahara India Commercial Corporation has asked the Supreme Court to permit the sale of assets to Adani Properties, aiming to settle investor dues swiftly.

New Delhi: The Sahara India Commercial Corporation Ltd (SICCL) has moved the Supreme Court seeking permission to sell various properties, including Amby Valley in Maharashtra and Shahara Saher in Lucknow, to Adani Properties Private Limited.

The plea is likely to come up for hearing on October 14. The interlocutory application has been filed in the pending matters related to the Sahara group. The plea has been filed through advocate Gautam Awasthi. Seeking permission, the plea said, "...to outright sell various properties

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