HR head Gaurav Sharma blamed Sebi-imposed restrictions on operating bank accounts for the delay.
Grosvenor House hotel was put on sale by its lender Bank of China earlier this year after a 'technical default'
The cause list put on the apex court website on Monday, however, showed that the case, which was listed before a special bench of justices K S Radhakrishnan and J S Khehar "stands deleted and the same is adjourned".
Market watchdog Sebi has asked various banks to provide it all account details of the Sahara group as well as their promoters and directors, and is also seeking help from RBI, ED and Financial Intelligence Unit as part of a multi-pronged probe into the entity.
The IPL Governing Council has asked Sahara Pune Warriors to obtain the consent of all the franchises to field five foreign players in the fifth edition of the T20 tournament.
When Sahara sought SAT's intervention against Sebi's orders, the tribunal said they will not.
Lawyers said that assets are being sold and the group is depositing the money with Sebi.
Last week, Gandhi claimed that he had evidence of "personal corruption" of the prime minister but he was being prevented from speaking in the Lok Sabha because it would cause an earthquake.
Jet Airways on Friday challenged the jurisdiction of the district court in Lucknow which ordered freezing of the escrow account opened for its buyout of Air Sahara.
Rajyavardhan Singh Rathore and Manavjit Singh are among the 15 shooters whose preparation for the 2012 London Olympic Games would be fuelled by the Sahara India Pariwar
Aimed at ensuring a smooth buyout of Air Sahara by Jet Airways, Sahara Group chairman Subrata Roy on Thursday assured full job protection
Monoplies and Restrictive Trade Practices Commission is all set to give a go-ahead to the biggest aviation deal in India.
Ernst and Young, advisers to Air Sahara, had valued Air Sahara at between $750 million and $1 billion.
The group also said that Rs 20,000 crore was being demanded from it as 'security' because the Supreme Court has said that 'after verification of Sebi, if there are partially or fully fictitious accounts then that amount will go to government account'.
Property sold via HDFC Realty for Rs 58 cr; 60 properties on sale via e-auction
Embroiled in a major crisis back home, Indian conglomerate Sahara has got unsolicited offers for at least three prized assets -- London's Grosvenor House and New York's Plaza and Dreams Downtown hotels.
Amid speculation that there was a price re-negotiation for Jet Airways taking over Air Sahara, officials of the two airlines on Thurs
Rival airlines expect Jet Airways to restore some "sanity" in the pricing of tickets after the acquisition of Air Sahara.
The private carrier won the rights for sponsorship of the Indian cricket team for the next four years.
The unlisted company is seeking equity, debt infusion.
In an apparent bid to thwart other airlines from poaching on its employees, priave carrier Air Sahara on Tuesday announced its new human resources policy offering a 40 per cent salary hike to employees.
In the high-profile case involving refund of over Rs 24,000 crore (Rs 240 billion) and additional interest of 15 per cent per annum, the Supreme Court had asked Saharas in August 2012 to submit all documents and refund money to Sebi for further repayments to genuine investors after verifying the documents.
A spokesperson said Sahara group is not into business with Trinity.
Kingfisher Airlines chief Vijay Mallya on Saturday said the company would make a bid to buyout the entire stake in Air Sahara.
"SIICL, which is one of the group companies belonging to Sahara group, as such cannot transact the business of non- banking financial institutions," RBI said on Friday.
"For the first time in India, Sahara India Pariwar is setting up the largest FMCG company in the country with its own distribution network through over 10,000 franchisee outlets...," Sahara India said in a public announcement.
The Supreme Court on Friday directed Sahara Group firm Sahara India Real Estate Corp to approach the Securities Appellate Tribunal against the order of Sebi directing the return of money collected from investors for an OFCD scheme within a period of three weeks.
The company has terminated his services with effect from June 6, a senior Sahara group official said.
The group also lauded 'Sebi's active cooperation' in the matter.
Air Sahara on Tuesday announced a 10 per cent fare hike with effect from June 21 following an increase in the aviation turbine fuel price.
The apex court on August 31 last year directed the two Sahara group companies to refund the money to their investors within three months with 15 per cent interest per annum.
Sahara was to provide a bank guarantee from HSBC.
Sahara made an overseas direct investment against RBI rules.
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