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Sahara-Adani Asset Sale, VodafoneIdea AGR Dues, Personality Rights and More

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Aamby Valley project in Maharashtra
https://www.aambyvalley.com/

By BasisPoint Insight

October 6, 2025 at 9:29 AM IST

“The vision of Gandhi and Ambedkar demonstrates that in India, the Rule of Law is not a mere set of rules. It is an ethical and moral framework designed to uphold equality, protect human dignity, and guide governance in a diverse and complex society”
-Chief Justice of India B. R. Gavai while delivering the Sir Maurice Rault Memorial Lecture in Mauritius

Sahara’s Bid for Revival Reaches Supreme Court
In the otherwise slow-moving Sahara fraud case, a fresh plea before the Supreme Court could finally give the group a shot in the arm — potentially helping it discharge its long-pending obligations sooner.

Sahara has approached the top court seeking permission to enter into an asset sale deal with the Adani Group. The company plans to sell around 80 properties, including marquee assets such as the Aamby Valley project, to raise funds. The petition is necessary as a previous Supreme Court order bars Sahara from transferring or selling any of its assets without prior approval.

While the deal’s valuation remains undisclosed, it is expected to be substantial. Sahara has also sought protection from parallel investigations to ensure the transaction proceeds smoothly.

In its new applications, likely to be heard later this month, the company has requested the court to set up a committee to assess and verify all claims against it. The proposed panel would also oversee the distribution of money from the Sebi–Sahara refund account and the funds raised through the asset sale, ensuring equitable payments and faster settlement of liabilities.

After remaining in cold storage for months, the long-running case could finally see movement, with a Supreme Court hearing expected after a gap of more than six months.

Courts 

  • Bombay High Court rejects plea by Anil Ambani challenging SBI move to classify his loan accounts as fraud
  • Activist Sonam Wangchuk’s wife approaches Supreme Court challenging his detention under the NSA following protest for statehood in Ladakh that turned violent
  • Bombay High Court protects personality rights of legendary singer Asha Bhosale against misuse by AI
  • Delhi High Court protects personality rights of Sri Sri Ravi Shankar against spread of deepfakes and other AI videos
  • Actor Nagarjuna secures protection of his personality rights from Delhi High Court
  • Delhi High Court restrains Indian firm from using Barbie trademark in an infringement suit filed by the American toy making company Mattel
  • Bombay High Court quashes Bank of India’s classification of Naresh Goyal’s accounts as fraud
  • Sahara petitions Supreme Court for permission to conduct asset sale to Adani and to secure protection from parallel investigations from various authorities
  • Vedanta files a petition before the Delhi High Court against denial of extension for Cambay Basin oil and gas block
  • Footwear maker Crocs gets relief from Delhi High Court in trademark infringement case against one Croose
  • VodafoneIdea files an amended petition seeking a waiver of penalty and interest on penalty in relation to AGR dues

The Big Listings

  • Oct 6: Supreme Court scheduled to hear VodafoneIdea’s fresh petition seeking waiver in relation to AGR dues

  • Oct 8: NCLT in Ahmedabad to hear petition for Vedanta’s demerge

  • Oct 8: Supreme Court to hear VodafoneIdea’s fresh petition in relation to AGR dues

  • Oct 9: Delhi High Court to hear partition suit filed in relation to Sunjay Kapur’s Will

  • Nov 18: Securities Appellate Tribunal to hear appeal by Jane Street challenging SEBI’s move to allegedly refuse access to important documents to the firm in the case against it

* The dates of hearing can change and a concrete list is prepared just a day before

Legal Moves: 

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