HC orders unfreezing of Ludhiana Trust’s account

Additional Solicitor General of India, Satya Pal Jain informed the court that the matter has been already considered and an offer has been given to the organisation to pay the penalty of two percent for unfreezing of the account.

“Both the counsel agree that the matter can be heard on merits at a later stage. As a measure of interim directions, we hereby direct that the account of Bharat Vikas Parishad, which is stated to be doing charitable work, be de-frozen immediately. However, after such a decision to de-freeze is taken, within a week, the petitioner shall furnish a bank guarantee equivalent to the penalty, i.e. 2% of the total deposit, within a week thereafter,” the order passed by a division bench reads.