Categories: Business HourNews

Jignesh Shah to prove himself, yet again

One just gets baffled at the news of what has been happening in Jignesh Shah’s life. After all, he is the undisputed king of the commodities market in India. This is the second time he has been under this sort of a situation in the time span of two years which seems to be unjustified. Moreover, it violates the norms of the judicial protocol which assert that it is illegal to detain a person on the grounds of the same charges for which he has been released earlier. What the Enforcement Directorate appears to assume is clearly way out of the line considering the ethical man that Jignesh Shah has always been.

 

Knowing his business style over the years, the Enforcement Directorate’s vision seems to be muddled. The facts are completely against Mr. Shah’s acumen. By the looks of it, it seems like there is no support to the claims of the Enforcement Directorate. The premise of this decision in the first place is misleading and illegitimate as Jignesh Shah was called for legal questioning on 12th July, 2016, asked to stay back and eventually informed about his confinement.
The authorities themselves are failing to support their own claim. So, clearly, the authorities seem to be misled and astray in this matter. Alas, as mob psychology goes, this has given the perfect opportunity for Mr. Shah’s competitors to mock him and throw dirt at him. They only seem to mock him and surprisingly do not take a dig at the actual defaulters. They are the ones that should ideally be taken in. This just does not seem fair.

Recent Posts

Chandigarh-Dibrugarh Express Derails: Latest Updates and Rescue Efforts

The Chandigarh-Dibrugarh Express derailed yesterday, causing significant disruptions and raising concerns about rail safety nationwide.…

7 hours ago

Pooja Khedkar Controversy: A Timeline of Events

The Pooja Khedkar controversy has recently captured significant public attention after she was accused of…

1 day ago

Muscat Mosque Misfortune: Indian Nationals Among Victims in Devastating Shooting

In a tragic turn of events, a shooting at the Muscat mosque in the Wadi…

2 days ago

The Flood Situation in India: A 2024 Overview

The 2024 monsoon season has brought widespread flood in many parts of India, severely impacting…

1 week ago

Hathras Tragedy: Stampede at Spiritual Gathering Claims over 120 Live

Recent news from Hathras highlights one of the most prominent incidents: the tragic stampede at…

2 weeks ago

Sony Calls Off $10 Billion Merger With Zee

Sony blames Zee for not meeting conditions within the deadline and initiates arbitration proceedings seeking…

3 weeks ago