Good Morning Speakasians,
Yesterday after the Supreme Court hearing I had given two video updates (Hindi and English) through our dedicated Speakasian Mr. Aman Azad which is uploaded on this website aispa.co.in in the latest video section at the bottom.
Yesterday was a major mile stone day for us Speakasians, Yesterday saw the ball starting to roll in our favour and this is the beginning of return to normalization of Speakasia business activity and payments.
The Hon. Supreme Court was pleased to announce the formation of a single man committee of the retired 35th Chief Justice Honorable Shri R. C. Lahoti. The first sitting of this committee will be held on 21st November, 2011 when the details of the committee, its modalities and scope, and such administrative details will be worked out including details of Press announcement etc.
This formation of the Committee is a huge positive in favour of all Speakasians.
The non appearance of all the agencies is another positive in favour of the company. It is my personal opinion that the authorities viz the Union Of India thru the Finance Ministry, RBI, EOW, and the IT dept (CTBT) have not filed any reply or submitted any documents in the matter not because they do not want to but I am sure that they are unable to do so as they have no case against SAOL. They have no charge which they can press and sustain in trial.
This may of course delay the matter for a short time, but in the final analysis like Shri Tarak Bajpaiji Says “We are bound to win and we will definitely win”.
We have all heard of the old saying “gaon basa nahi aur lootere pehele hi aa gaye”. I was surprised at the cunningness of a group of people who mysteriously surfaced claiming to be representing a section of Speakasians. What was funny about the lot was how they were inconsistent in their story; allow me to explain the video. By the way pertinent to note here is that as per our advocate the video of these advocates as posted in the aneeshsharma-lawyer.blogspot.com is in gross violation of the advocates act as it seems that advocates are not supposed to solicit business as these advocates have done in the video.
We have been advised to bring this gross violation to the attention of appropriate forum.
The supposedly senior partner (Jitendra Mohan Sharma) in this group starts by saying that they are here to protect the rights of “first time investors”, and then he erroneously claims that the Writ Petition No 383/2011 in which this group has intervened on behalf of some Speakasians is a Public Interest Litigation (PIL). This, gentleman, is wrong as this is not a PIL but is a Writ Petition.
Then the other advocate (Aneesh Sharma), goes on to say that they are here to protect the last joinees of Speakasia panelists who have joined between February 2011 and May 2011.
He then introduces his business plan and informs us that the panelists who wish to approach this misinformed group to represent us before the Supreme Court or the Committee, and this group will most happily represent us for a small fee which some one now tells me is ranging between 25% to 40% of the claim amount. No way a small fee.
This second advocate says that the over 130 crores seized under the orders of CID Hyderabad is public money. How may I ask this gentleman does he classify this money which belongs to the franchisee and some panelists as public money? Without any logic, without application of mind, this gentleman differentiates this group of last joinees as general public, trying to divide the speakasian family in general public and not so general public.
He goes on to say that the last joinees who have not received any refunds [sic] from the company have first right on the public money which is seized. Sir, there are no refunds here, the money that the panelists receive from the company as part of the earnings are because of partaking in the marketing activities of the company and in no way constitute to be refund.
He does not understand that if his group of last joinees, wish to be paid off first then he ought to advice his client’s the last joinees to opt for the EXIT OPTION. If his clients do not wish to take the EXIT OPTION then they will be paid as per the existing norms of the company.
The third gent (Ajit Sharma) in this troika matter of factly assumed that the constitution of the committee will be multi representative and will consist of many more representatives etc. etc. Why and how he reaches this conclusion nobody knows, surely the Supreme Court has not ordered it that way. I am sure Justice Hon. Lahoti has not shared his thoughts with him; this is nothing else but a classical case of jumping the gun and shooting from the hip.
Yesterday after the Supreme Court hearing I had given two video updates (Hindi and English) through our dedicated Speakasian Mr. Aman Azad which is uploaded on this website aispa.co.in in the latest video section at the bottom.
Yesterday was a major mile stone day for us Speakasians, Yesterday saw the ball starting to roll in our favour and this is the beginning of return to normalization of Speakasia business activity and payments.
The Hon. Supreme Court was pleased to announce the formation of a single man committee of the retired 35th Chief Justice Honorable Shri R. C. Lahoti. The first sitting of this committee will be held on 21st November, 2011 when the details of the committee, its modalities and scope, and such administrative details will be worked out including details of Press announcement etc.
This formation of the Committee is a huge positive in favour of all Speakasians.
The non appearance of all the agencies is another positive in favour of the company. It is my personal opinion that the authorities viz the Union Of India thru the Finance Ministry, RBI, EOW, and the IT dept (CTBT) have not filed any reply or submitted any documents in the matter not because they do not want to but I am sure that they are unable to do so as they have no case against SAOL. They have no charge which they can press and sustain in trial.
This may of course delay the matter for a short time, but in the final analysis like Shri Tarak Bajpaiji Says “We are bound to win and we will definitely win”.
We have all heard of the old saying “gaon basa nahi aur lootere pehele hi aa gaye”. I was surprised at the cunningness of a group of people who mysteriously surfaced claiming to be representing a section of Speakasians. What was funny about the lot was how they were inconsistent in their story; allow me to explain the video. By the way pertinent to note here is that as per our advocate the video of these advocates as posted in the aneeshsharma-lawyer.blogspot.com is in gross violation of the advocates act as it seems that advocates are not supposed to solicit business as these advocates have done in the video.
We have been advised to bring this gross violation to the attention of appropriate forum.
The supposedly senior partner (Jitendra Mohan Sharma) in this group starts by saying that they are here to protect the rights of “first time investors”, and then he erroneously claims that the Writ Petition No 383/2011 in which this group has intervened on behalf of some Speakasians is a Public Interest Litigation (PIL). This, gentleman, is wrong as this is not a PIL but is a Writ Petition.
Then the other advocate (Aneesh Sharma), goes on to say that they are here to protect the last joinees of Speakasia panelists who have joined between February 2011 and May 2011.
He then introduces his business plan and informs us that the panelists who wish to approach this misinformed group to represent us before the Supreme Court or the Committee, and this group will most happily represent us for a small fee which some one now tells me is ranging between 25% to 40% of the claim amount. No way a small fee.
This second advocate says that the over 130 crores seized under the orders of CID Hyderabad is public money. How may I ask this gentleman does he classify this money which belongs to the franchisee and some panelists as public money? Without any logic, without application of mind, this gentleman differentiates this group of last joinees as general public, trying to divide the speakasian family in general public and not so general public.
He goes on to say that the last joinees who have not received any refunds [sic] from the company have first right on the public money which is seized. Sir, there are no refunds here, the money that the panelists receive from the company as part of the earnings are because of partaking in the marketing activities of the company and in no way constitute to be refund.
He does not understand that if his group of last joinees, wish to be paid off first then he ought to advice his client’s the last joinees to opt for the EXIT OPTION. If his clients do not wish to take the EXIT OPTION then they will be paid as per the existing norms of the company.
The third gent (Ajit Sharma) in this troika matter of factly assumed that the constitution of the committee will be multi representative and will consist of many more representatives etc. etc. Why and how he reaches this conclusion nobody knows, surely the Supreme Court has not ordered it that way. I am sure Justice Hon. Lahoti has not shared his thoughts with him; this is nothing else but a classical case of jumping the gun and shooting from the hip.
The Supreme Court order is abundantly clear that The Hon. Justice Shri R. C. Lahoti is requested to explore the possibility of an amicable settlement between the parties and submit a report to this Court after the mediation proceedings are concluded. There is no scope for any additional representatives on this committee, this is an appointment of a mediator and this mediator will not look into the merits of the case. The mediator will only look at the probabilities for seeking an amicable settlement between the parties i.e. the panelists, SAOL and the Govt. agencies. This matter will be for all the Speakasians and not only for the 115 odd panelists who have originally filed the WRIT.
There is no requirement for all panelists to get impleaded in the matter individually; it is not the case that the mediator (Hon. Justice Mr. R.C. Lahoti ji) or the Supreme Court will be handling the refunds on an individual basis. In the final analysis all the payouts will be affected as earlier, directly into the accounts of all panelists.
This, motley group, of confused, ill informed overzealous advocates have in their enthusiasm forgotten that they are dealing with a family of proud empowered consumers and not some gullible lot of nitwits. The payouts will happen directly from SAOL to our accounts electronically like they were being done before, then why do we need to approach the committee or the Supreme Court independently for settlement of any claim.
We are all aware that a group going by the name United Speakasia surfaced sometime back asking Speakasians to give their details. But their United Speakasia blog or their communication never clarified who was the person, behind this movement. They claim in one of the Blog posts that their master mind whom they call “Our Sir”, "United Speak Asia Group Mind" knows things that 80% of us poor dumb witted Speakasians do not know. What, may I ask this holier than thou ‘Sir’ the ‘group mind’, know that we do not know. Please you owe it to us, and I call upon you to please explain and inform us about what you know that we do not know.
The surfacing of this new advocate (Aneesh Sharma) with a brand new facebook profile and a brand new blog spot seems a well strategized move. Someone has got themselves in for the big kill, someone who has entered the fray to make big money. Nobody minds an ambitious person, what worries us is the design of someone to make money at the expense of others, and by creating confusion amongst Speakasians.
The advocate while creating his facebook profile posted a photograph showing that he practices at the Dawarka Court and then over night when he creates his blog spot he designates himself as Supreme Court Lawyer, funny isn’t it.
It would not be out of place to remind everybody that AISPA has been formed to protect the interest of all panelists and AISPA is duty bound to protect its constituents i.e. the panelists from such negative groups who have only their personal interest at heart and do not care about the panelist or the company. Such misinformed people will only create problems like explained earlier and they will only make matters more complicated.
Too much space and matter has been wasted over trivia, some issues should be simply ignored, but then for larger good and as a service to the speakasian family it was important to once and for all expose the true face of this group.
Like I said in my video yesterday once the business activity is normalized you will witness corporate history being rewritten. The Speakasia juggernaut is going to be fiercely huge and absolutely unstoppable. Being led by our charismatic leader, our own Babar sher Shri Tarak Bajpaiji, our juggernaut will destroy all our enemies with its massiveness.
Mark my words fellow Speakasians we are going to be part of a revolution and SAOL is going to be the fastest growing corporate in the history of business in India. SAOL will rock and we will rock along with SAOL.
We all Speakasians look up at Mr. Tarak Bajpaiji as our true leader because he has changed the way we conduct ourselves and it is said:
"If your actions inspire others to dream more, learn more, do more and become more, you are a leader." --John Quincy Adams
Have Faith, Have Patience, Trust your company,
Jai Speakasia
Proud to be Speakasian
Ashok Bahirwani
Secretary
AISPA
