The hearing which was scheduled on 20.11.2017 got deferred to 21.11.2017 on account of the judge being under the weather.
As per the last hearing, the order of which can be accessed here, the Economic Offences Wing had been requested to attend today's hearing. A report was sought as to the amount of money available in the accounts of Helios and Matheson Information Technology Limited, which accounts were frozen by EOW. The Government Pleader appointed on behalf of EOW sought time to be impleaded in the matter and file a status report on the investigation thus far against Helios and Matheson Information Technology Limited and the amounts available in the bank accounts frozen by the EOW.
The lawyers on behalf of Helios and Matheson Information Technology Limited sought this amount frozen by EOW to be deposited in court so that it may earn interest and can be used to disburse to the depositors. EOW sought time to reply on the said request.
The court adjourned the matter to allow EOW time to be impleaded.
The question of incorrectness of the list of Fixed Deposit holders was raised. The lawyers on behalf of Helios and Matheson Information Technology Limited admitted of the possibility that the list of depositors submitted in court may be incorrect as their servers containing the data were seized by the EOW. The Court directed EOW to also file a status report on the same.
Next date of hearing will be updated soon.
