Cuttack, July 22: Orissa High Court today directed the state government to submit within two weeks the details related to cases registered against seven deposit collection companies.

The companies have sought intervention against keeping their offices and business premises sealed during investigation into their alleged fraudulent activities.

The state CID-crime branch’s economic offences wing had sealed the offices of the seven deposit collection companies located at different places in the state and kept them under lock and key as part of the investigation process. The companies had challenged this on grounds of legality.

The division bench of Justice Pradip Mohanty and Justice Biswajit Mohanty, before which the petitions came up today, posted the matter to July 29 for hearing along with the case diaries related to the complaints registered against the six deposit collection companies. The bench also directed one of the deposit collection companies — Green Ray International Ltd — to furnish within a week the details of its depositors indicating the amount they had deposited and maturity value.

The court issued the order after the company’s counsel sought opening of offices and business premises of the company by submitting that it was ready and willing to pay the depositors their due amount.

Among the six other companies who have sought intervention against sealing of their business premises are GLP Developers, Micro Finance Limited, Basil International Limited, Micro-Leasing & Funding and Golden Land Developers, Milan Jyoti International.

Earlier, in pursuance of court direction, the state government had submitted status reports on investigation in cases registered against these deposit collection companies in separate affidavits.

During the hearing on July 3, advocate general Ashok Mohanty had submitted on behalf of the state government that opening the offices and business premises in the midst of investigation would vitiate the probe process.

Mohanty had also submitted that opening them would not be in the interest of the general public and investors as there was a strong possibility that the sham companies might resume their fraudulent activities.