The Sahara Group has been barred from selling any of its properties—which include the Plaza and the Dream Downtown—by India's Supreme Court, as things have gone from bad to worse in Sahara's battle with the Indian equivalent of the Securities and Exchange Commission. Last week, rumors swirled that an unidentified family had offered $1.61 billion for the Plaza and two other hotels, but Sahara later denied the hotels were for sale. [NYP; previously]
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