Heera Group legal battle will leave examples
Heera Group, Tough times are an integral part of every person’s life. Tough times generally do not last forever but tough people do. Nowhera Shaik is one of those tough people who has been fighting against injustice for three years now. Heera Group, which is Nowhera Shaik’s project has been under legal scrutiny and harassment for the last few years. Even after the recent verdict by the Supreme Court of India, the grinding is continued.
The honourable Supreme Court has already announced in a verdict to help the Heera Group of companies in any further legalities. Also in the verdict clear mention of returning the seized data has been mentioned by the honourable court of India. Even after the verdict, It is receiving minimum cooperation from the authorities.
According to sources, an entire server was seized by the CCS department. Now when the company is asking for returning the data complying with that listed in the Panchnama while its seizure, a minor portion of the total data is being returned.
For future enterprises
The authorities have returned a part of the data of the Heera Group. Now the basic problem here lies in the fact that the investors of the Heera Group of Companies cannot be given back their money. Even amidst such difficult hours, Nowhera Shaik has already started returning the investor’s money. She has returned the money to more than eighteen thousand investors.
But to return everyone’s money it will take a whole investor’s list. The allegations of misconduct and defrauding by it; can now be turned down after the Supreme Court’s verdict. But the tough fight given by the company against the allegations can be recorded; as precedence when an enterprise fought against muscle power and influential people! Finally this will serve as an example to many entrepreneurs in the years to come.