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Supreme Court Grants Alok Nath Interim Protection in Haryana Cooperative Scam Case

The order follows a complaint that accuses a multi-level marketing cooperative of luring investors through celebrity endorsements.

Overview

  • A bench of Justices B. V. Nagarathna and R. Mahadevan issued notice to Haryana Police and directed that no coercive action be taken against Alok Nath until the next hearing.
  • The case stems from a complaint by Sonipat resident Vipul Antil that led to an FIR naming 13 people, including actors Alok Nath and Shreyas Talpade, as alleged brand ambassadors.
  • The FIR, registered on January 22 under provisions of the Bharatiya Nyaya Sanhita, 2023, cites offences including cheating and criminal breach of trust.
  • The complaint describes Human Welfare Credit Cooperative Society Ltd as a multi-state entity offering deposit schemes that initially paid out but began disrupting maturities in 2023 before officials became unreachable.
  • The Supreme Court had earlier granted similar interim protection to Shreyas Talpade, and police say the investigation will determine the roles of all those named.