Krause said the Gupta legal team would then bring an urgent challenge to the freezing of the family's properties and seek an urgent reconsideration of the latest asset preservation order granted in the Estina Dairy Project case.
It came as a result of an ongoing criminal investigation being conducted by the Hawks.
"The order makes provision for the restraint of several assets to the value of R250 202 652.00, pending the finalisation of the criminal trial and upon conviction".
Among those targeted in the order are Gupta-owned Oakbay Investments‚ Islandsite Investments 180‚ Confidents Concept and Sahara Computers.
The above appeared on charges of fraud, theft, conspiracy to commit fraud and theft, contravening the Public Finance Management Act, the Companies Act and sections of the Prevention of Organised Crime Act.
Some of the assets which form part of the restrainingorder, according to News24, include: residential and business premises, a helicopter, and vehicles and aircraft belonging to the family and their associates. In total‚ more than 30 properties across the country were in the crosshairs.
Eight people were arrested by the Hawks during raids at a number of Gupta compounds, including their Saxonwold home and one of their offices in Sandton in February.
Alfred Cockerell shared his clients' fears that the aircraft could also end up seized by the AFU, who had already had R10 million frozen from Atul Gupta's personal bank account.