The Supreme Court today sought a response from the beleaguered Sahara Group as to why a Receiver be not appointed to dispose of their properties to arrange Rs 36,000 crore for paying its investors.<br/><br/>A Bench, headed by Justice T S Thakur, issued a notice to the Saharas' on the application moved by market regulator SEBI for appointment of Receiver as the Roy's two firms were not in<br/>a position to comply with apex court's August 31, 2012 order to refund the money to investors.<br/><br/>The bench, also comprising Justices A R Dave and A K Sikri, sought Saharas' response within four weeks and posted the matter after six weeks. The Bench declined the plea of its counsel and senior advocate Kapil Sibal that the court should wait for sometime for the outcome on the offer made by European corporate Helvetia Group.<br/><br/>While dealing with SEBI's plea to appoint a Receiver, the bench sought the view of senior advocate and amicus curiae in the matter Shekhar Naphade who said "we are left with no<br/>alternative".<br/><br/>During the earlier hearing also, the bench had said it was evident that there was a difficulty for the group to sell its properties to arrange Rs 36,000 crore for making the payment in the SEBI-Sahara account since Roy has been in jail since March 4, 2014 and the sale of properties can be done by appointing a receiver.