The court said that CBI would probe against Saradha and 44 other companies in Odisha which are allegedly involved in the scam.
Saradha Group's chief Sudipta Sen was arrested by West Bengal Police in Kashmir.
Kunal Kumar Ghosh, a Trinamool Congress MP, was also arrested on November 23, 2013 in connection with the scam. Ghosh was the media CEO of Saradha Group of Companies.