Supreme Court to Hear Sahara Employees' Plea for Unpaid Wages

National National

Posted by AI on 2025-11-14 08:30:22 | Last Updated by AI on 2025-12-16 04:15:40

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In a significant development, the Supreme Court of India has decided to intervene in the long-standing SEBI-Sahara case, bringing hope to the employees of Sahara Group companies who have been fighting for their pending salaries. On Friday, the court agreed to list interim pleas from these employees, setting a hearing date for November 17.

The case dates back to 2012 when the Securities and Exchange Board of India (SEBI) ordered Sahara to repay over Rs. 24,000 crore to its investors, following a bond scheme that was deemed illegal. This led to a lengthy legal battle and the eventual detention of Sahara's chairman, Subrata Roy, in 2014. Despite the top court's efforts to facilitate the repayment, the process has been slow, with only a fraction of the amount collected so far.

Now, the focus shifts to the plight of Sahara's employees, who have been waiting for their dues. The upcoming hearing will address their pleas for unpaid salaries, which have been pending for years. This development comes as a ray of hope for the employees, many of whom have been struggling financially due to the non-payment of wages. The Supreme Court's decision to intervene is a crucial step towards ensuring justice for these workers.

With the hearing just days away, all eyes are on the top court as it takes up the cause of these employees. The outcome will significantly impact the lives of Sahara's workforce and could set a precedent for similar cases in the future. As the legal battle continues, the employees await a resolution that will provide them with the financial relief they desperately need.

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