By Santanu Chakraborty MUMBAI, JAN 4 : Supreme Court has refused to stay Allahabad High Court's order restraining two Sahara group companies from accessing public funds, a Press Trust of India report said. Sahara India Real Estate Corp and Sahara Housing Investment Corp can continue to raise money from the capital markets, the SC said in an observation, according to the PTI report. SC also directed the Allahabad High Court to hear the Sahara matter regularly. Securities and Exchange Board of India can seek relevant information from Sahara directly, the SC said. On Monday, SEBI moved the SC challenging the Allahabad High Court stay order in the Sahara group case. SEBI's petition is likely to be taken up for consideration by the SC on Tuesday, the PTI report said. Earlier on Dec 13, Allahabad High Court had stayed the SEBI order restraining Sahara group companies from raising public funds. Filed by Preethi Thevar +91 (22) 6147 5100. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.