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The Lucknow bench of the Allahabad High Court has dismissed a petition filed by Sahara India Commercial Corporation Limited challenging the cancellation of its land lease for the Sahara Shahar complex by the Lucknow Municipal Corporation. The court held the plea to be not maintainable, citing ongoing proceedings before the Supreme Court of India involving related matters. The municipal body had cancelled the lease granted in 1994 and directed the land to be vacated in September 2025. The decision comes amid parallel proceedings linked to the Sahara-SEBI case and proposed asset transfers.
The Lucknow bench of the Allahabad High Court has declined to entertain a petition filed by Sahara India Commercial Corporation Limited against the cancellation of its land lease for the Sahara Shahar complex by the Lucknow Municipal Corporation (LMC). The order was passed in the past week, with the court holding that the matter was not maintainable in view of parallel proceedings before the Supreme Court of India. Advertisement
A bench comprising Justices Rajan Roy and Manjive Shukla stated that it could not proceed further in the matter, noting that issues relating to Sahara Shahar were already under consideration by the apex court. The High Court dismissed the petition, citing the ongoing legal proceedings and interim orders issued by the Supreme Court.
The petitioner had challenged two orders issued by the Lucknow Municipal Corporation in September 2025. The first order cancelled the land lease granted to Sahara on October 22, 1994, while the second directed the company to vacate the land. The lease cancellation effectively impacted the Sahara Shahar complex in Lucknow.
Sahara India Commercial Corporation Limited had argued that an arbitration award issued in September 2017 had ruled in its favour regarding the land. The company submitted that the municipal authority had disregarded this award while cancelling the lease, despite its willingness to deposit the required amount to extend the lease tenure. The LMC opposed these submissions during the proceedings.
During the hearing, the High Court noted that contempt petitions relating to the Sahara-SEBI matter are pending before the Supreme Court. It also took into account that Sahara had filed an application before the apex court in September 2025, seeking permission to transfer certain properties to the Adani Group as part of compliance with court-directed obligations.
The bench observed that Sahara Shahar was among the properties proposed for transfer under this arrangement. Given that the matter is being actively examined by the Supreme Court, the High Court concluded that there was no basis to consider the petition independently.
The ruling effectively maintains the status quo pending further directions from the apex court, where the broader issues involving Sahara Group’s assets and regulatory compliance continue to be adjudicated.
Source - PTI
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