Here’s what you should look into!
Only 3% of the 1.72 lakh investors have filed a claim against the Heera Group to the SFIO. Approximately 6,023 claimed investors for investments totalling Rs. 317 crores have been recorded in the honourable court of law.
As per the Supreme Court order, the Heera Group’s CEO, Nowhera Shaik, accompanied by the expertise team, made their way on the 25th of November 2022, to present the potential monetary evidence that is above and beyond the minimal accountability requirements.
The investors of the Heera Group who have claimed will receive their investments; in turn, their profits will be deducted, and the principal amount will be provided by the firm. If the investors had waited for a short period of time without claiming their investments. They would have been considered the permanent investors in the business organization. The investors would have suffered no loss in profits or principal amounts if the Heera Group’s claimed investors had been waited for without having to claim for their investments. They had received their investments by this point.
The claimed investor amount is safe and secure, either on the properties or in the bank accounts. The properties of the Heera Group are free of Enforcement Directorate restrictions. The Apex Court stated on March 24, 2022, that “the petitioners again state that they have no objection as long as any of the 87 attached properties are sold in a transparent manner and at a reasonable market price, and they will also assist the SFIO in that process.” The firm’s land has been investigated, surveyed, and is unquestionably for sale. The buyers are visiting the land from across the state, and they have complete freedom to choose any portion of the land. Hopefully, the land will be sold soon, and the claimed investors will receive their investments.