[Resolved]  ASHCO NIULAB ( ANDHERI MUMBAI ) — Fraud Cheating With investor

Address:Mumbai City, Maharashtra

Respected Sir/ Madam, i Am A Retried person, i invested My All money In Ashco Niulab Ind in Financial Years 2010 /11 In A News Base On Bse India Company Expanding Is Business 250% of His BE/BA Divisions When Share prices is Rs.11 But Than After Companies Not Told His Expansions any All, Promoter Sell All His Stake At Rs.10 To 11, innocent investor buy at this level and company Suddenly Share price is Down To Paise 0.25 only. currently Company is Delist And All investor Loss His hard Earn Money, no one Can Watchin this type of Scam, Currently Companies Managinge Director Mr.Ashok Kotwani is On Jail matter Of Fraud WITH INCOME TAX DEPARTMENT . i Hope ACHEY DIN AANEY WALEY HAI, Respected Sir/ Madam, Please Help Me Abt ASHCo NIUlab i Have Buy At Rs.10 ( Financial;Years 2010/11) On News On Expansions of His BE/ Ba Business Of 250 % According To Bse india. Than After Share prices Collapse On Rs 10 To 0.25 Paise And Company Not Told About His Expansions And BE Our Ba Divisions or Any Other Matter Currently Company Is Delisted on Price 0.25 paise, But What a Investor Do Because investor Loss His Money No One Can Protect To Investors hard Earn Money, Currently Company Managing Director Ashok Kotwani is in Jail, Matter Of Fraud With Service tax department, Dear Sir, i Am Send This Article With This pls Help me And Share This To, All AND Save inoccent investors hard earn money MUMBAI: The service tax department on Thursday arrested Ashok Kotwani, managing director of Ashco Niulab Industries Ltd, for Rs 4.64 crore evasion from April 2007-September 2013. The company, which provides clinical testing and trial services for newly developed drugs and vaccines on human trial, has been collecting service tax from its clients, but was not depositing the same with the government. Kotwani was involved in the daily operations of the company and was fully aware of the service tax liability, officials said. The department is also calculating the liability from October 2013. The company has offices in Andheri (E) and Noida; the service tax department has already attached the Noida office to recover its dues. The government had recently announced the voluntary compliance encouragement scheme, but a few companies still try to evade service tax, officials said. The department had recently arrested Mohammed Choudhary of Honest Security Service, Rohit Talwalkar, director of Talwalkars Fitness Solution, Rajan Vasantkumar Dhruv of Orbit Enterprises and Prakash S Thevar of Captain Facility Services Pvt Ltd for evading service tax.
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Aug 14, 2020
Complaint marked as Resolved 
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