Justice Sanjay Kishan Kaul of the Supreme Court sharply warned Heera Group investors in the Heera Gold case on Wednesday, August 30th, of dire repercussions if they do not stop from getting in touch with him through WhatsApp messages. Justice Kaul requested that the investor’s counsel convey the warning. He requested the Counsel to contact investors and promised to make a serious move. Their WhatsApp communications are not intended for his mobile device.
Justice Kaul will simply conclude the proceedings. He said it earlier without doing anything. He sternly demanded that these activities stop, or he would step down. Justice Sanjay Kishan Kaul had previously voiced his worry that he was being called by investors looking for justice while hearing the appeal filed by Investigating Agencies against Heera Gold Exim Pvt. Ltd. and its Managing Director, Nowhera Shaik, during a hearing on 09.02.2022.
Dr.Nowhera Shak and Heera Group have provided papers regarding assets worth 900 crore to SFIO and the Income Tax Valuation Department so that the money of Heera Group investors could be refunded as soon as possible.To maintain investor confidence, premier properties are being offered. All sincere investors are a part of the Heera group family and will continue to be involved in its illustrious commercial history. The Hon’ble Court granted interim bail to Dr. Nowhera Shaik, the managing director and CEO of the firm, on the understanding that she would resolve the investors’ claims.
The temporary bail was periodically increased, and on August 5, 2021, it became unconditional. Dr. Nowhera Shaik has consistently shown herself to be a responsible and law-abiding Indian citizen. She has assisted every agency involved in this case. The Hon’ble Court did award regular bail and expressed its faith in CEO Dr. Nowhera Shaik. When SFIO went to the Apex Court in May 2022 to request that her bail be cancelled, the Supreme Court rejected SFIO’s argument. This incident once again proved that SC have extreme faith in Dr.Nowhera Shaik.