Overview
- A bench led by Chief Justice B. R. Gavai granted the Centre and Sahara four weeks to reply and listed the matters for hearing after six weeks.
- Amicus curiae Shekhar Naphade reported at least 34 claims on assets in the proposed sale and was asked to prepare a detailed chart on all 88 properties, including dispute status.
- The Supreme Court impleaded the Ministry of Cooperation, with SEBI and Union ministries directed to file their responses to Sahara India Commercial Corporation Ltd’s application.
- Interim petitions by Sahara employees seeking long-pending salaries were adjourned, with the Court asking Sahara and the amicus to verify wage and arrears claims before the next hearing.
- SICCL told the Court it signed a September 6, 2025 term sheet with Adani Properties and has deposited about ₹16,000 crore into the SEBI–Sahara Refund Account against a ₹24,030 crore principal.