The Calcutta High Court on Thursday directed the West Bengal government to file an affidavit on the steps it has taken against the Saradha Group and also directed the company not make any financial transaction till further orders.
The PIL was filed on April 22 by advocate Basabi Roy Chowdhury praying that a CBI investigation be ordered into all chit fund companies and the arrest of Trinamool Congress Rajya Sabha MP Kunal Ghosh alleging that the scam amounted to Rs 30,000 crore (Rs 300 billion).
Chowdhury's
The petitioner prayed that all properties owned by Saradha Group be taken over by the government.
Saradha Group chairman Sudipto Sen and his close associates Debjani Mukherjee and Arvind Chauhan were arrested at Sonemarg in Kashmir and were brought here on Wednesday.
The matter would come up for hearing again on May 3.
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