Monday, September 26

Will this October bring back joy for Speak Asians?

Friends, there three mega events in October, 2011 regarding the court cases of Speakasia. Let us see what are these event, and will this help the company to win and get back? 

All complaining about updates, can just guide the present scenario:

 

4th, October

RBI meeting was held with SAOL on 20th September, some queries and documents are asked by RBI, for which 2 weeks time is given by RBI, now SAOL will give results and replies in two weeks to RBI that ends up on 4th october. so it will be sooner. and since RBI is satisfied with the business model and work of SAOL thats why they are further interested to get more things related and will give clearence soon.

 

10th, October

Case is also going on in Hon’ble Supreme court of India, that is from panelists side, its hearing is on 10th october. in it RBI, ROC, MCA are involved. SAOL is represented by one among the top five lawyers in india, Mukul Rohatgi

 

12th, October

Since the Hon’ble judge oh Mumbai High Court is elevated to supreme court of India, thats why our case in Mumbai High Court got delayed by 21 days, due to the fact that durga pooja holidays came during the course…hearing is on 12th october now. in mumbai high court, EOW, ROC and MCA are involved.
Nearly all agencies have finished its inquiry, EOW, ROC, MCA, SFIO, and RBI is doin through meets and documents verification. so in the current scenario, i can assure this only. that if anything faulty or fraudy would have been detected then, neither RBI would have called again for few more things, and also till this time charge sheet against company in various fields and frauds would have been filed, so… its just a matter of some days more, we all will be celebrating our win…as all is in judicial procedure now…it depends on clearence in Courts, and since too much holidays are coming, so hearings are delayed…and things are moving slowly…!!
Kindly bear with this…!! u will get results soon…!!