HYDERABAD: The CID (Crime Investigation Department) of police will resume the search of the Margadarsi Financiers' head office near Fateh Maidan here at 10 a. m. on Sunday following a court order on Saturday.

The premises were searched along with two other branches on Wednesday but ordered to be suspended the same evening by the First Additional Metropolitan Sessions Judge, S. Anantasayana Prasad.

The judge ordered sealing of all locations while dealing with a revision petition by Margadarsi Financiers seeking to stay the search warrant issued by a court.

The judge on Saturday made the Government and Margadarsi to agree to an interim arrangement, pending completion of the hearing on the latter's revision petition on Monday.

Under this arrangement, Special Public Prosecutor S.S. Prasad said regular business could take place unhindered in the head office while Margadarsi Financiers, represented by senior counsel Padmanabha Reddy, agreed for resumption of the search.

Mr. Reddy argued that the functioning of various business ventures of the Eenadu group would be affected if the seal was not removed since five offices conducted their operations from the building. The Government counsel, however, insisted on resuming the search.

It was finally agreed that only six authorised representatives of Margadarsi Financiers would be present during the investigation by a "minimum number of officials" of the CID of police.

The CID would take control of a couple of rooms, which contained the records, until the probe was completed.

These rooms were sealed after the court order.

The agency would also not block release of bank cheques to customers in the case of deposits which had matured in the next 10 days.

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