<h1>Corporate group seeks approval to sell multiple immovable properties under September 6, 2025 term sheet to repay creditors</h1> A corporate group has filed an application in the Supreme Court seeking permission to sell multiple immovable properties, including two large developments, to a prospective buyer under a September 6, 2025 term sheet. The group says it has already liquidated assets to deposit roughly Rs 16,000 crore of a Rs 24,030 crore liability into the regulator's refund account and contends further sales are needed to satisfy court-ordered obligations and end contempt proceedings. The plea cites market conditions, litigation and parallel government probes that have hindered earlier sale efforts and seeks court approval to conclude the proposed transaction for the benefit of investors and creditors.