Millennium Post

Top court willing to defreeze Sahara’s bank accounts

The Supreme Court on Wednesday said it was ‘willing’ to defreeze the bank accounts of Sahara and allow the group to sell properties to raise Rs 10,000 crore for getting bail to Subrata Roy and sought details in this regard. 

‘We are willing to pass an order. You (Sahara) tell us you want to raise money. Tell us about the property and bank accounts. You have not given us so far,’ a bench comprising justices KS Radhakrishnan and JS Khehar said. 

The bench, which had last year frozen all bank accounts of companies and restrain them from selling any properties without its approval, made the remarks as senior advocate Rajiv Dhavan, appearing for the group, said it is difficult to raise the money under these conditions. 
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