https://www.taxtmi.com/news?id=58644 SICCL seeks permission to sell 88 immovable properties to Adani Properties under a term sheet dated September 6, 2025, to unlock value held in the SEBI-Sahara Refund Account and satisfy court-directed financial obligations and investor claims. The statement notes realisation of approximately Rs 16,000 crore of an asserted Rs 24,030 crore principal from prior asset liquidations deposited into the refund account, and cites SEBI's inability to market the assets, adverse market conditions, pending litigation, and loss of the group's decision-maker as impediments to further recoveries. en-us Mon, 13 Oct 2025 17:16:04 +0530 Mon, 13 Oct 2025 17:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=58644 SICCL seeks permission to sell 88 immovable properties to Adani Properties under a term sheet dated September 6, 2025, to unlock value held in the SEBI-Sahara Refund Account and satisfy court-directed financial obligations and investor claims. The statement notes realisation of approximately Rs 16,000 crore of an asserted Rs 24,030 crore principal from prior asset liquidations deposited into the refund account, and cites SEBI's inability to market the assets, adverse market conditions, pending litigation, and loss of the group's decision-maker as impediments to further recoveries. News - Mon, 13 Oct 2025 17:16:04 +0530 https://www.taxtmi.com/news?id=58644