SEBI-Sahara case: Supreme Court agrees to hear plea of employees seeking payment of pending salaries

6 months ago 2
ARTICLE AD BOX
The Supreme Court of India. File

The Supreme Court of India. File | Photo Credit: The Hindu

The Supreme Court connected Friday (November 14, 2025) agreed to database for proceeding connected November 17 interim pleas of employees seeking outgo of their pending salaries from the Sahara Group companies.

On October 14, a Bench headed by Chief Justice of India (CJI) B.R. Gavai sought responses from the Centre, the Securities and Exchange Board of India (SEBI) and different stakeholders connected a plea of Sahara India Commercial Corporation Ltd. (SICCL) seeking support to merchantability its 88 premier properties to Adani Properties Private Limited.

The plea of SICCL is already listed for proceeding connected November 17. On Friday, the CJI was urged by the lawyers that the interim pleas of employees beryllium besides listed connected Monday arsenic they person not received salaries for galore months.

"Ok. They volition beryllium listed," CJI Gavai said.

Earlier, the Bench, besides comprising Justices Surya Kant and M.M. Sundresh, heard the interlocutory exertion (IA) of Sahara India Commercial Corporation Ltd. (SICCL) successful the long-pending substance relating to the Sahara Group's refund obligations.

Taking enactment of the submissions of Solicitor General Tushar Mehta, the Bench ordered that Union Ministries of Finance and Cooperation beryllium made parties to the contiguous proceedings, and sought their responses to the plea by November 17.

It asked amicus curiae and elder advocator Shekhar Naphade to collate details of the 88 properties projected to beryllium sold by SICCL to the Adani Group company.

The Bench asked the amicus curiae to besides instrumentality enactment of the responses of different stakeholders with respect to these properties and springiness details astir their nature, including whether the properties are cleanable oregon disputed.

The Bench asked the Centre, the amicus curiae and SEBI to respond to the prayers made successful the exertion by the Sahara firm.

"We volition determine connected whether the properties are to beryllium sold piecemeal oregon successful 1 flock," the CJI said.

The Court directed the Sahara Group to analyse the assertion of the workers who person not been paid their salaries for galore years. It besides asked the amicus curiae to analyse the substance of employees' salaries and arrears, and said it volition see it connected the adjacent day of hearing.

It fixed each pleas, including the involution exertion and the plea of the Sahara firm, for information connected November 17.

Published - November 14, 2025 12:07 p.m. IST

Read Entire Article