Good Evening Speakasians,
My days have suddenly become very hectic and surprisingly short. Coordinating with such a large team, of 31 committee and media committee members is a huge task, but I am enjoying it to the fullest.
Since my last update nothing much of any importance has happened to be reported but like they say “ afwaawo ka bazaar garam hogaya hai” loosely translated into English this means that “Rumors are spreading like wild fire”.
Some of our family members, in their quest to be hailed as the person who shared particular news first throw caution to the wind and share news which is not completely factual. What is the logic behind this, I don’t understand. We have seen News channels doing this for TRP, but why we panelists have to do this, amuses me.
These Rumor mongers fail to understand the ground reality. Their baseless rumors first raise the hopes of the panelists and when the announced events or dates do not materialize the hopes of the panelists are crashed resulting in their feeling disillusioned, angry and hopeless, in this state they start blaming the company and their up lines etc. The authors of such rumors get busy in searching for the next date, least bothered about the emotions of the panelists and they forget to even look at the damage they have caused or are causing.
We the panelists are normal people and most of us don’t understand law but all of us have started assuming that we are masters of law and based on hear say have even started discussing legal matters amongst ourselves like lawyers.
We reach conclusions and get confused and in this confused state of mind we go and put posts or comment on various forums, further confusing the readers on these forums. I wish to advice the family members that look at the positives, the company is communicating with us, instead of taking positives from the company communication we are living our lives surrounded by negative or baseless rumors.
The company in its communication dated 3rd April, 2012 informed us that the company is taking many steps for resuming business and various steps have been initiated to establish the PE. The rumor mongers got into action and in their over fertile minds cooked up a fairy tale and started to spread rumors saying that the PE permission is ready and the letter will come by such an such date, they even went on to say that the office will come up in so and so location. Some of the panelists who are on their last nerves get hyper and when nothing happens then they get more depressed and spread negativity.
Someone using the ID Navniit Kkhosla has become active again in his new avatar as “A man of God”. This person has started to misguide our panelists. Please understand that this questionable ID Navniit Kkhosla is not a public spirited person and he is doing all this only to make money out of this entire exercise. There is no procedure for a common man to plead or “appear in person” for and on behalf of another person in the Supreme Court based on the strength of a Power of Attorney. The time limit of 20 days that he is professing is an example of how he is mischievously misguiding the panelists.
I wish to draw the attention of the panelists that the matter of payments under the EXIT OPTION is being looked after by the Hon’ble Mediator under the guidance of the Hon’ble Supreme Court and there cannot be a better or safer caretaker of our money.
On 11th April, 2012, in the Bombay High Court the company WP 3210 and 3211 were supposed to be heard but was low on board at S.No 79. The board was discharged and the next date in this matter is now fixed for 10th May. The courts discharge the board when they realize that they will not be able to hear all the matters so that it saves the time of the advocates and parties, such discharge of board is normal in our judicial process.
Let me summarise for the family the various matters that are pending in the courts as below:
Company Matters:
Andhra Pradesh High Court: CRLP 10782 / 2011 in this case the petitioners are Mr. Rajeev Mehrotra, Mr. Tarak Bajpai and 3 others, matter is scheduled to come up for hearing on 17th April, 2012.
The main prayer as shown in the High Court site is “to quash the crime in F.I.R No.243/2011 on the file of the 1st respondent police”
Supreme Court: SLP (Criminal) 7509 and 7510/2011 is now posted for 27th April, 2012.
This SLP (Special Leave Petition) was filed in the Supreme Court against the order of The Hyderabad High Court in the matter of FIR 30 of Vijayawada, which was subsequently transferred to CB-CID Hyderabad.
Bombay High Court: The writ pending in the Bombay High Court vide WP 3210 and 3211 of 2011 are for quashing of the Thane and Raigad FIR’s. This matter is now posted for 10th May, 2012.
Panelists Initiated Matters:
Bombay High Court: WP/3611 of 2011 filed by AISPA for quashing of FIR 60/2011 of EOW filed under the complaint of Navniit Kkhosla, the investigations of EOW in the FIR is stayed under this Writ. The matter is now posted for 3rd May, 2012.
Supreme Court: WP/383/2011 is scheduled to be heard on 30th April, 2012. This Writ deals with the payment for the EXIT OPTION and the Hon’ble Supreme Court has appointed Hon’ble Mr. Justice R.C. Lahoti ji as a mediator in this matter.
Mediation Process: The Hon’ble Supreme Court vide an order dated 14th November, 2011 had appointed Mr. Justice R.C.Lahoti ji as a Mediator in this matter. The court has asked the Mediator to ascertain the entire dues of the panelists wanting to EXIT and the Tax liabilities of the company.
Before the Mediator could ascertain the entire dues the company on its own accord has deposited with the SC registry an amount of USD 10 Million (Approx Rs. 50 Crores)
AISPA had conducted a question and answer session with our Adv. Ahmad Abdi Sahab and Abdi Sahab has reminded us in the end of the video that the speed of the SAOL matter is creating history of sorts and it is rarely seen that the matter reaches such an advanced stage in such a short time frame.
Some panelists have mistaken Abdi Sahab’s contention, and have assumed that the Web Site is with the Mediator. Mr. Abdi Sahab has in fact said that “the matter” related to Web site is before the Mediator and will be resolved by the Supreme Court.
All in all the entire matter is moving in the favor of the panelists and the resolve of the company to return back soon is amply evident by the letter dated 3rd April, 2012.
“Rumors are like the leaves in fall, an attention getting brief entrance but they are destined to rot on the ground” ….M. D. MACGREGOR, A Trail of Envy
Let us all concentrate on positivity and leave the false rumors to rot on the ground.
Have Patience, have faith, trust the company.
Jai Speakasia,
Jai Speakasia,
Jai Speakasia.
Ashok Bahirwani
Secretary
AISPA
