The matter pertains to more than 600 investors, including senior citizens, who were reportedly duped of several lakhs. The FIR was registered on October 7, 2020, by the Vinoba Bhave police under the Indian Penal Code and the Maharashtra Protection of Interest of Depositors (MPID) Act. The case was transferred the same day to the EOW.
"We are extremely unhappy with the manner in which EOW, Unit-8, Mumbai, has handled this case," the HC remarked, stressing that the prolonged delay keeps investors in the dark and denies them justice.
This story is from the December 26, 2024 edition of The Free Press Journal.
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This story is from the December 26, 2024 edition of The Free Press Journal.
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