Supreme Court will hear Sahara India’s plea on Tuesday seeking approval to sell Amby Valley in Maharashtra and Shahara Saher in Lucknow to Adani Properties. Another plea on releasing Sahara Communications employees’ salaries withheld since 2014 will also be heard.
![[Sahara Fraud] SC Asks Sahara Group to Give list of Top Officials, Properties For Rs 10k Crore Refund To Investors](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/09/image-2024-09-04T102424.755.png?resize=400%2C237&ssl=1)
The Supreme Court instructed Sahara Group to disclose its leadership, shareholders, and unencumbered properties for a Rs 10,000 crore refund. The court emphasized the need for a practical solution to refund investors after over a decade. Noting Sahara’s failure to deposit the full amount, the court allowed property sales to meet the refund obligation.
