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Wednesday, July 27, 2011

ADARSH HOUSING SCAM: HC dismisses Adarsh Society plea for de-freezing bank accounts!


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July 27, 2011 / PTI, Mumbai / DC.

The Bombay High Court today dismissed a petition filed by the controversial Adarsh Housing Society seeking de-freezing of its bank accounts.

The CBI had in January frozen two bank accounts of the Society after registering a case against 14 accused including several members of the society.
A division bench of justices Ranjana Desai and R.V. More was hearing a petition filed by the Society seeking de-freezing of its two bank accounts with the State Bank of India, Cuffe Parade and Wodehouse Road, to bear legal expenses and day-to-day expenditure of the Society. The accounts have deposits approximately worth Rs 2 crore.


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