Mumbai 23 March 2012
MEDIA STATEMENT
MUMBAI HIGH COURT PUTS A STOP TO ONGOING INVESTIGATIONS ON SPEAKASIA
Speakasia Panelist Association of India (AISPA) is pleased to announce as follows:
On 15th March, 2012, in a statement before the Hon’ble Bombay High Court Mr. Navniit Tarachand Kkhosla has informed the Hon’ble High Court that he has received his entire subscription amount in SpeakAsia and he does not wish to pursue his complaint against SpeakAsia.
The Amount was paid to Mr. Kkhosla pursuant to his “affidavit in reply” filed before the Hon’ble High Court on 5th March, 2012.
On 21st March the Hon’ble Bombay High Court was pleased to order STAY on the investigation by the EOW in the matter of Speakasia.
We hope that with this development, SpeakAsia will be able to resume operations soon.
This has been a long standing demand of the majority of the Panelists of SpeakAsia.
Links to the orders of the Hon’ble High Court for your ready perusal:
a) Order dated 15th March, 2012: http://bombayhighcourt.nic.in/data/criminal/2012/WP361111150312.pdf
b) Order dated 21st March, 2012: http://bombayhighcourt.nic.in/data/criminal/2012/WP361111210312.pdf
Warm Regards,
Ashok Bahirwani
Secretary
AISPA
