As precisely stated by the Supreme Court, it provided justification for receiving the amount from investors on behalf of returning more money with profits according to the schemes indulged in by Heera Group. The investment received by Heera Group is in the hundreds of crores, and the founder and CEO of Heera Group, Dr. Aalima Nowhera Shaik, has accurately presented all the relevant documents mentioned by the Supreme Court for the justice needed by those who have claimed their money back from Heera Group.
Heera Group has agreed to return the amount to the investors who have lodged the complaint against the founder once and only when it is genuine with their original documents and their respective bank accounts. If the documents are correct, Heera Group has the right to return the money to its investors. After the verification process, Heera Group will release the funds to return them back with their amount to investors. Then, according to the Supreme Court statement, the amount will be provided to the complainants in the police station or court.
The Supreme Court said that Heera Group has more than 160 bank accounts across India. The petitioners’ counsel informed us that most claimants are not willing to receive their invested amount in Heera Group and are hoping to start the process again. For those individuals, we shall have to meet to progress with the company’s principles, as mentioned, and channel strategies with the entire team and inform them of the updated message from the Heera Group. To provide assurance to the claimants, the Supreme Court has also specifically mentioned that the founder’s passport has been deposited in the Telangana High Court and all the claimants will receive justice for their return of money.