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Dr Nowhera Shaik is assisting the court and opposite counsel. SC.

The Heera Group case is a serious case of repaying investors’ money. Dr Nowhera Shaik is assisting the Court and Defendant. A big win for Dr Nowhera Shaik after today’s hearing. She has fought the battle gracefully and finally victory is at her door. The Hon’ble Supreme Court has given all the power to the Heera Group. One thing that investors need to remember is that, when investors are going to SFIO to claim the money, ensure they have all the original documents or the application will be rejected immediately. The Hon’ble Court has said there is a large discrepancy compared to what is to be given and what is demanded.

The Heera Group has offered Rs 400 crore when the actual amount is just Rs 300 crore.

The Heera Group has offered Rs 400 crore when the actual amount is just Rs 300 crore. Heera Group has once again proved as a real caretaker of investors. The Hon’ble Court has said, any attachment to Heera Group’s properties has been lifted, and absolute rights have been given to Heera Group to sell them out. As discussed in the Hon’ble Court, SFIO claimed that the investigation is completed, FSL is getting the old data which is not working, and SFIO has to take special care and get the FSL report and data. The Hon’ble Court has said, Heera Group has nothing to do with data recovery now; SFIO has total responsibilities.

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