Summary of this article
The Supreme Court has agreed to examine a petition filed by Sahara group employees demanding release of their long-pending salaries.
The petitioners argue that funds lying with SEBI—collected as part of the Sahara refund process—should be used to clear employee dues first.
The Court has issued notices to SEBI and other concerned authorities, seeking their response on how employees’ salary claims can be addressed.
The Supreme Court on Friday agreed to list for hearing on November 17 interim pleas of employees seeking payment of their pending salaries from the Sahara Group companies.
On October 14, a bench headed by Chief Justice of India (CJI) B R Gavai sought responses from the Centre, the Securities and Exchange Board of India (SEBI) and other stakeholders on

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