Shree Om Sai Nath Car On Rent Complaints & Reviews
Dear Investor,
We request you to all the Investor of SHREE OM SAI NATH CAR ON RENT Guys to update any latest news upto August 2010. So that we will be take care of our hard earned invested money and make some appropriate action/ decision in future.
Thanks for your help and suggestion in advance....
We request you to all the Investor of SHREE OM SAI NATH CAR ON RENT Guys to update any latest news upto August 2010. So that we will be take care of our hard earned invested money and make some appropriate action/ decision in future.
Thanks for your help and suggestion in advance....
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Today Mr. Arya has send his assistant to represent Mr. Rv & when Judge asked for Mr. Rv he was not available, So the Judge didn’t discussed much & only asked to submit the desired plan of payment & list of assets to be used for the same. The assistant submitted some paper which cannot be confirmed what was it, but the Judge seemed little satisfied & said ok & put the date for next hearing as 15th May 2010.
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Shalib
J-30; Part-II; Near Momdon Hotel,
Ramesh Park; Street No-12
Laxmi Nagar
Delhi – 110092
Mobile no.:- [protected]...
J-30; Part-II; Near Momdon Hotel,
Ramesh Park; Street No-12
Laxmi Nagar
Delhi – 110092
Mobile no.:- [protected]...
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Mr. Verma got Bail in Mumbai with the help of Investors Group
Dear All,
After a long wait some good news (expect to lead to release of money in near future) Mr. Verma got bail in Mumbai, but not by his own efforts, but by the group of Investors formed to fight together for our money.
Yes, you all have read right it is the efforts of all our group of investors working together they have contributed...
Dear All,
After a long wait some good news (expect to lead to release of money in near future) Mr. Verma got bail in Mumbai, but not by his own efforts, but by the group of Investors formed to fight together for our money.
Yes, you all have read right it is the efforts of all our group of investors working together they have contributed...
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Originally Posted by Avinash Kalani
Today was the date for case against Rupesh Verma in Jaipur at CJM - 2 . He was not present at the court and the next date given by the court is 26 th April .
Also when I visited the court today , I came to know that his Bail application has been rejected even from the Session court and now in case Mr. Rupesh Verma wants bail in Rajasthan he will have to apply for the same...
Today was the date for case against Rupesh Verma in Jaipur at CJM - 2 . He was not present at the court and the next date given by the court is 26 th April .
Also when I visited the court today , I came to know that his Bail application has been rejected even from the Session court and now in case Mr. Rupesh Verma wants bail in Rajasthan he will have to apply for the same...
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Dear All,
The honorable judge has decided/guided/suggested the following:
1. Those persons who have given Affidavit of Support will get their routine returns/profit/compensation as per the contract/agreement for the balance period of 60 months.
2. Those who have made complaints will get their principal/invested amount as per the contract/agreement as specified for withdrawal of amount with the appropriate...
The honorable judge has decided/guided/suggested the following:
1. Those persons who have given Affidavit of Support will get their routine returns/profit/compensation as per the contract/agreement for the balance period of 60 months.
2. Those who have made complaints will get their principal/invested amount as per the contract/agreement as specified for withdrawal of amount with the appropriate...
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Their is a misconception been spread by lawyers of the complainants that the court will give money to only those who have made complaints (taken as register with them for money to be claimed from SOSN) and also they want 10% cut on the amount received by them.
I myself is a senior advocate & an Investor in SOSN till today I have not filled any complaint/FIR because as per the procedure the court will release the accused...
I myself is a senior advocate & an Investor in SOSN till today I have not filled any complaint/FIR because as per the procedure the court will release the accused...
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Someone has put up this information in comments section in the following link
http://www.consumercomplaints.in/complaints/shree-om-sai-nath-car-on-rent-c32081...⇄
Dear All Clients of Shree om sai nath,
Kindly refer to the file and display this notice at our offices. Also convey the same to all our clients. Please note that while taking the cancellation convey them all that they will receive there payment after 30 days...
http://www.consumercomplaints.in/complaints/shree-om-sai-nath-car-on-rent-c32081...⇄
Dear All Clients of Shree om sai nath,
Kindly refer to the file and display this notice at our offices. Also convey the same to all our clients. Please note that while taking the cancellation convey them all that they will receive there payment after 30 days...
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I am one of the investor in SOSN from OCT 09. I have reeceived a monthly return only for NOv 09 and for Dec 09 the check was not cleared saying the funds are insufficient.
So what can be done to get the money back out of it? Can any one suggest the way for all of the investors.
R we going to get the money or not?...
So what can be done to get the money back out of it? Can any one suggest the way for all of the investors.
R we going to get the money or not?...
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It seems that public has realised that Mr.Rupesh police custody will not help them to get their money back and people are happy that all other offices are working and Mr. Rupesh is ready to pay returns to every investor.
So today 26 December In court 98%+ public was supporting Mr. Rupesh Verma though he has got four more days to get bail as the judge was on leave and duty judge has reserved his decision by another four days...
So today 26 December In court 98%+ public was supporting Mr. Rupesh Verma though he has got four more days to get bail as the judge was on leave and duty judge has reserved his decision by another four days...
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I Mansoon Raj has been an Investor in Shree om sai nath car on rent limited and have invested more than 100 cases in their various schemes including resorts etc. I am very much satisfied with the services and timely clearance of the cheques.
As there was some problem they have faced with Axis bank, Lajpat Nagar branch they have placed a Notice in TOI & have requested for submission of cheques and transfer the cheques deposit...
As there was some problem they have faced with Axis bank, Lajpat Nagar branch they have placed a Notice in TOI & have requested for submission of cheques and transfer the cheques deposit...
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It is for all general public, This company dosent have any foundation and purely work on fake data,
I visited companies office to know exact working concept, but no one replied genuinely my questions, which i m supposed to ask being a general public for investing my money . few days ago some of my friend told me about this company for investment. when i asked the details about this company my friend directed me to companys...
I visited companies office to know exact working concept, but no one replied genuinely my questions, which i m supposed to ask being a general public for investing my money . few days ago some of my friend told me about this company for investment. when i asked the details about this company my friend directed me to companys...
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MOST URGENT
21.12.2008
The company people have threatened me of my life, liberty, family and property.
I am a man with limited means and these company people have threatened me that they have very big administrative and political contacts and they would abduct me or kidnap any of my family members or all o[censored]s, if I fail to fulfil their unlawful demands and did not follow what they say. They even said...
21.12.2008
The company people have threatened me of my life, liberty, family and property.
I am a man with limited means and these company people have threatened me that they have very big administrative and political contacts and they would abduct me or kidnap any of my family members or all o[censored]s, if I fail to fulfil their unlawful demands and did not follow what they say. They even said...
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Scam
| Address: pune |
| Website: Shree Om Sai Nath Car On Rent |
We are invested as monthly return base but this company got freeze by Indian court due to any other reasons, we need justice whatever invested amount. please help us and hope will get revert back on below mail id for further celerity.
[protected]@gmail.com
[protected]@gmail.com
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payment not received.
| Address: Mumbai City, Maharashtra, 560098 |
I have invested for two cars for which i was supposed to get monthly interest. After for 5 years. After 11 or 12 months, they stopped paying interest. I went to their mg road, bangalore office and there they took away our remaining cheques and said they will transfer amount by neft. We gave our neft details to ms. Latha mohan, who was the manager at that time. I am filing a complaint through this forum for my money to be returned, rs. 2, 66, 000 /- principal amount and interest there after.
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fraud of company and not in existence
I am a retd army officer unforunetly i invested a large amount with the company and whole hard earned money had been taken by the company like other person i also lodge a fir against the compay at jaipur but nothing had been done so far company was taken neft format prior to 3 year back but nothing had been done so far, i totally mentally disturbed and haressed by the great mistake done by me, if any one who can resolve the issue i will be very grateful for act o kindness, i will not claim any interest from company my principal amount must be return to me
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Resolved
Resolved
Fraud by Om Sai Nath
| Address: New Delhi, Delhi |
I would like to know about the money i invested in God named firm who cheated badly, robbed my saving money without paying a peny to my investment. It is not known to me to whom i should present grievance. Remembering this fraud gives me greater deal of agony.
Aug 13, 2020
Complaint marked as Resolved View replies
hello yaro good morning to all, 27 jul 10 ko patiala court me hearing thi to uska kya hua, please update karo yaro sab log bahut preshan hai. Lalotra
Dear Investor Friends, I am also one of you and as per the information is available on Internet 3-8-10 was fixed for Amit Verma the Chairman & 6-8-10 was for Rupesh Verma M.D & 10-8-10 was fixed for Final further I am also waiting regarding progress. I have also deputed an Advocate to look after the case till than you all are requested to prepare a detailed chart of investment and return so that the actual balance {Invested Amount} could be placed before the Hon'ble Court. Although all the information of the invested money must be in the record in the mother computor of the company, But as you know that all the offices and accounts are frozen by the court and its my request to the Hon, ble court that after obtaining the Invested {Balance Amount} the court should depute a Authanticated person to disburse the balance amount invested by the Investor, till than the Hon'ble court must not grant bail to the verma brothers as its created a doubt that Mr. Amit Verma is saying that he has resigned from the co. in Sept.2009 so what ? all assests and bank balance belongs to Investor. Rest every thing is based on your faith on Shri Sai Nath Baba as I know that if Mr. Verma Brothers will try to cheat than its true that the whole Empire of Verma Faimly will be VANISHED. R.K.Nigam mobile no. [protected].
Dear Investor Friends, I am also one of you and disturb due to fraud done by shree om sai nath. After the investment done with the co. within 2 months this fraud has come to know. Please inform me, what happend on final hearing on dtd. 10-8-10 as I am very much mentally disturb. Lalit Sharma, nagpur, mob. no. [protected]
Dear Anita Ji / Lalit ji, On 6/8/10 The Hon'ble Judge Mr. S.P.Garg has directed to the lawer of Mr. R.Verma to deposite substantial amount in crores in Nationalised Bank and give the details of the same to the court. Further the next date is 25/8/10. With all good wishes " MAY SHREE SAI NATH BABA BLESS US ALL' R.K.Nigam. (Lucknow) (m) [protected].
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
0 minutes ago by rajendra kumar nigam [send email]
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
Re: Court hearing details 13th & 15th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
Thanks Mr Nigam for your valuable views and inormation.
What is latest on the case.Please post update on the case and keep the forum initiated by you alive.
What is latest on the case.Please post update on the case and keep the forum initiated by you alive.
what is latest on the case
Dear sir,
i am order one soft hoodies nj31 xl order and payment also paid but we are not received the product order no #657492 on 6.12.2019
i am order one soft hoodies nj31 xl order and payment also paid but we are not received the product order no #657492 on 6.12.2019
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Resolved
Resolved
Lets unite at Patiala Court on 6th May 10 at 2 pm
Dear Investors Friend,
The following was put up on consumercourt.in the link is
http://www.consumercourt.in/investment/13256-fraud-shri-resort-unit-shree-om-sai...⇄
we will fight till we get our money back
Now it is high time, we all have decided to meet at patiala court on 6th May 2010 to finalize our future strategies we are group of 100+ people from delhi & NCR. As we had come to knew that roopesh verma had got bail in mumbai & may be getting in pune also, we have spoken to some pune people who have helped Mr. verma got bail in mumbai we will also call them to delhi so here also verma can get bail. also there is no evidence the police have shown so mr. verma should get bail.
we invite all investors from all over india to join us on 6th May 10 at 2 pm at patiala court delhi, we will fight till we get our money back.
Every one will get money, no need to fight among ourselves
Dear all, there is no need to fight among ourselves, reason being most o[censored]s don't exactly understand our judicial/legal system thoroughly (and English vernacular & interpretations as well) . Any bail & every bail is conditional & the condition is if the gentleman accused who have got bail does not appear in the court on the given date/next hearing (if it is within his reach to do so) his bail money/guarantee/assets pledged towards bail requirement will be seized/taken over/ with held & bail is cancelled & the accused is declared absconding. The court in most of the cases cannot add any other conditions unless & until warranted so. This case is being treated under IPC 420 (though other sections 406, 409 & 120B are also there, but seems to be ineffective as no evidence/proof of fraud is submitted) in which the accused stands a very good chance of getting bail even before & after filing of charge-sheet.
Even if the office at Mumbai opens (even City Limousine office were kept open irrespective Mr. Masood was to be arrested) the money flow will take time because Mr. Verma needs to get bail in all places where ever FIR is filed & cannot release payments unless all sosn a/cs are de-froze so don't worry money is safe.
Now why he got bail in Mumbai & yet to get any where else because, it definitely seems to be the work of group of Investors as I have come to know they have given affidavit of support to Sosn which as a document was submitted to the Judge along with the bail papers which in Delhi has not been done, only Affidavit of support & declaration was given to Mr. Arya which the court has taken Notice & MORE EVER I FEEL THE COMPLAINANT'S LAWYERS DOES NOT WANT MR. VERMA TO GET BAIL, so the case in Delhi is entirely different & the fate of large nos of Investors across India depends on them & not on the Judge, judicial system or even Mr. Arya (poor fellow).
I have seen some group of Investors are going to meet at patiala court on 6th May 10 at 2 pm, I fully support their cause (I am also an Investor). All should come as it is our hard earn money we cannot loose it just because of some complainant's lawyers taking us for a ride. I will also be there.
Sosn Investors Forum view point:
We appreciate & support the efforts & request all members of various forums & groups to join everyone on 6th May 2010 at Patiala Court at 2 pm.
Further to add the writ petition in supreme Court as a PIL can be filed but it needs the support of large nos of investors approx 60-70%, as we don’t have data at such a large scale & investors are divided lot the path seems to be difficult but we are carrying on the efforts in this direction & request to send details as placed in various forum time to time to stand united at his juncture of hard time. We are also toying with the idea of forming an NGO for the cause so a PIL can be filed on behalf of investors that requires a hell lot of work besides finances & human resource any way we will fight unto death to get our hard earned money back.
Other options which seems viable is following the Mumbai & Pune investors approach in which the investors have given the details of invested amount & balance recoverable in their Affidavit of Support with the bail papers to the judge making it convenient for the Judge to give bail. They have also shared the some part of the bail amount & rest is paid by Mr. Roopesh Verma & even the lawyer is going to get his amount only after the bail. If investors across India do agree on this formula it can be replicated wherever FIR has been filed. And if Mr. Verma gets bail in Pune, Delhi & Jaipu,r we can request investors from other cities where FIR/Complaints has been filed to withdraw the same for a faster release of money by sosn.
The claim form is ready but it will be emailed & put up on consumer websites only when court gives a go ahead to de-froze the accounts & de-seal the offices of Sosn, so it can be utilized when needed, though we will email it to our member who are on our forum database for their opinion & suggestion to be incorporated for a wholesome approach.
Coming back to the congregation of investors planned on 6th May 10, we again request all members of various forums & groups to join everyone on 6th May 2010 at Patiala Court at 2 pm & make it a success it seems to be do or die situation now.
Sosn Investors Forum
The following was put up on consumercourt.in the link is
http://www.consumercourt.in/investment/13256-fraud-shri-resort-unit-shree-om-sai...⇄
we will fight till we get our money back
Now it is high time, we all have decided to meet at patiala court on 6th May 2010 to finalize our future strategies we are group of 100+ people from delhi & NCR. As we had come to knew that roopesh verma had got bail in mumbai & may be getting in pune also, we have spoken to some pune people who have helped Mr. verma got bail in mumbai we will also call them to delhi so here also verma can get bail. also there is no evidence the police have shown so mr. verma should get bail.
we invite all investors from all over india to join us on 6th May 10 at 2 pm at patiala court delhi, we will fight till we get our money back.
Every one will get money, no need to fight among ourselves
Dear all, there is no need to fight among ourselves, reason being most o[censored]s don't exactly understand our judicial/legal system thoroughly (and English vernacular & interpretations as well) . Any bail & every bail is conditional & the condition is if the gentleman accused who have got bail does not appear in the court on the given date/next hearing (if it is within his reach to do so) his bail money/guarantee/assets pledged towards bail requirement will be seized/taken over/ with held & bail is cancelled & the accused is declared absconding. The court in most of the cases cannot add any other conditions unless & until warranted so. This case is being treated under IPC 420 (though other sections 406, 409 & 120B are also there, but seems to be ineffective as no evidence/proof of fraud is submitted) in which the accused stands a very good chance of getting bail even before & after filing of charge-sheet.
Even if the office at Mumbai opens (even City Limousine office were kept open irrespective Mr. Masood was to be arrested) the money flow will take time because Mr. Verma needs to get bail in all places where ever FIR is filed & cannot release payments unless all sosn a/cs are de-froze so don't worry money is safe.
Now why he got bail in Mumbai & yet to get any where else because, it definitely seems to be the work of group of Investors as I have come to know they have given affidavit of support to Sosn which as a document was submitted to the Judge along with the bail papers which in Delhi has not been done, only Affidavit of support & declaration was given to Mr. Arya which the court has taken Notice & MORE EVER I FEEL THE COMPLAINANT'S LAWYERS DOES NOT WANT MR. VERMA TO GET BAIL, so the case in Delhi is entirely different & the fate of large nos of Investors across India depends on them & not on the Judge, judicial system or even Mr. Arya (poor fellow).
I have seen some group of Investors are going to meet at patiala court on 6th May 10 at 2 pm, I fully support their cause (I am also an Investor). All should come as it is our hard earn money we cannot loose it just because of some complainant's lawyers taking us for a ride. I will also be there.
Sosn Investors Forum view point:
We appreciate & support the efforts & request all members of various forums & groups to join everyone on 6th May 2010 at Patiala Court at 2 pm.
Further to add the writ petition in supreme Court as a PIL can be filed but it needs the support of large nos of investors approx 60-70%, as we don’t have data at such a large scale & investors are divided lot the path seems to be difficult but we are carrying on the efforts in this direction & request to send details as placed in various forum time to time to stand united at his juncture of hard time. We are also toying with the idea of forming an NGO for the cause so a PIL can be filed on behalf of investors that requires a hell lot of work besides finances & human resource any way we will fight unto death to get our hard earned money back.
Other options which seems viable is following the Mumbai & Pune investors approach in which the investors have given the details of invested amount & balance recoverable in their Affidavit of Support with the bail papers to the judge making it convenient for the Judge to give bail. They have also shared the some part of the bail amount & rest is paid by Mr. Roopesh Verma & even the lawyer is going to get his amount only after the bail. If investors across India do agree on this formula it can be replicated wherever FIR has been filed. And if Mr. Verma gets bail in Pune, Delhi & Jaipu,r we can request investors from other cities where FIR/Complaints has been filed to withdraw the same for a faster release of money by sosn.
The claim form is ready but it will be emailed & put up on consumer websites only when court gives a go ahead to de-froze the accounts & de-seal the offices of Sosn, so it can be utilized when needed, though we will email it to our member who are on our forum database for their opinion & suggestion to be incorporated for a wholesome approach.
Coming back to the congregation of investors planned on 6th May 10, we again request all members of various forums & groups to join everyone on 6th May 2010 at Patiala Court at 2 pm & make it a success it seems to be do or die situation now.
Sosn Investors Forum
Aug 13, 2020
Complaint marked as Resolved View replies
Hi All,
I and all my relatives Invested in Shree Om Sai Nath Car on rent ltd company.
In total we invested all our hard earned money in 14 investments. For some investments we had taken loan from banks :(
Now because of Mr. Verma got arested and from long time payment got stopped. It became big trouble to pay bank's monthly installment. I and My relatives are facing lots of financial problems.
Can anyone provide update on what happend to Mr. Vermas bail?
Thanks!
I and all my relatives Invested in Shree Om Sai Nath Car on rent ltd company.
In total we invested all our hard earned money in 14 investments. For some investments we had taken loan from banks :(
Now because of Mr. Verma got arested and from long time payment got stopped. It became big trouble to pay bank's monthly installment. I and My relatives are facing lots of financial problems.
Can anyone provide update on what happend to Mr. Vermas bail?
Thanks!
on 15th may 2010 the Hon ble Judge of Patiyala Court at Delhi had refused to grant the bail to Mr. Rupesh Verma although we were confident as his learned Advocate Mr. Dharmendra Arya requested to investors for Affidavit of Support and most of the investors have submitted the same to Mr.Arya but god knows why the Hon ble court denied. Now the latest which I find out through Internet {Investors} that his Advocate is in a process to get the bail and the date is either 2nd or 4th july 2010. So lets see what happens. Till then we should interact with each other as I am interacting throughout India. Lets hope for the best.R.K.Nigam {Lucknow} mobile no. [protected].
On 6-8-10 the Hon'ble Judge Mr. S.P.Garg has directed the lawer of Mr. R.Verma to deposite substantial amount in crores in Nationalised Bank & give details of the same to the court. The court further added that it will decide to give the same to the most affected parties first & then middle & then the last. Court has given liberty to the sosn to restart the Co. in due course & decide at their on freewill for further continuation of the same.Now the next date is 25/8/10. This informatiom was made available by [protected]@gmail.com but now they are feelling sorry for further information as they are facing financial scarcity as nobody is cooprating for his noble work which they were rendreing for the wellfare of the investors. R.K.Nigqam{Lucknow} {m)[protected]
lets hope we get our hard money back never get trapped again!! Thanks Mr Nigam, your information is great releif and wish we get our money back - a farmer
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
0 minutes ago by rajendra kumar nigam [send email]
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
Re: Court hearing details 13th & 15th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
To,
Sosn investorforum,
Through my Email dt.18/9/2010 - I have requested to every Investor across India by informing the latest situation/decision taken by the Hon'ble court that in present situation its the need of the time to seek remedy through High Court against this unlawful decision that the fund's which is at present available( deposited by sons authorities in the court amounting 14 cr.) and further to be deposited by Mr. Amit Verma Chairman of sosn between 10 to 40 cr.more (within the 25 day's) as per the condition's of bail order granted to him, for distribution among the Delhi Investor's only.Do you think will it be a justice?. The money which will be deposited by Mr. Amit Verma within specified limited period as per the order of the court in due course, will it be the money deposited by Delhi Investor's only certainly not? this money will be belonging to all Investor's across India.
A meeting was held among the Investor's of LUCKNOW on 18/9/10. The Final decision was taken by the investor's that we will not compromise and will come forward to fight Ginst this UNLAWFUL DECISION given by the Hon'ble Court. In this regard I would like to get your valuable guideline's to move forward.
WAITING FOR YOUR COMMENT'S.
WITH REGARD'S
R.K.NIGAM . Lucknow ( m) [protected]
Sosn investorforum,
Through my Email dt.18/9/2010 - I have requested to every Investor across India by informing the latest situation/decision taken by the Hon'ble court that in present situation its the need of the time to seek remedy through High Court against this unlawful decision that the fund's which is at present available( deposited by sons authorities in the court amounting 14 cr.) and further to be deposited by Mr. Amit Verma Chairman of sosn between 10 to 40 cr.more (within the 25 day's) as per the condition's of bail order granted to him, for distribution among the Delhi Investor's only.Do you think will it be a justice?. The money which will be deposited by Mr. Amit Verma within specified limited period as per the order of the court in due course, will it be the money deposited by Delhi Investor's only certainly not? this money will be belonging to all Investor's across India.
A meeting was held among the Investor's of LUCKNOW on 18/9/10. The Final decision was taken by the investor's that we will not compromise and will come forward to fight Ginst this UNLAWFUL DECISION given by the Hon'ble Court. In this regard I would like to get your valuable guideline's to move forward.
WAITING FOR YOUR COMMENT'S.
WITH REGARD'S
R.K.NIGAM . Lucknow ( m) [protected]
thanks for ur sincere efforts. hanif khan
I Appu Kumar from Bihar, I also invested in this company but I was unlucky, that when I invested after two months company cheated me. I have been suffring from my financial problem after cheated. Thanks
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Resolved
Resolved
I think, Mr. Rupesh Verma is playing game with us.
Now I think, Mr. Rupesh Verma is playing game with us and intentionaly do not want to pay .....
Bhaiyo jara socho, har baar ek naya bahana chalata hai, koi aur director sath nahi hai or nahi unka family. agar wo seriously chahate to ab tak sabhi case ek saath combined karake Supreme court me larate, lekin abhi tak aisa nahi kiya,
yaha om sai nath car & rent ke alawa aur bhi company hai jaha se paisa collect kiye jaise Resort, construction, music and so on, lekin uske baare me court se jyada jankari humlogo ko nahi mili jaise wo paisa kaha hai, kaun handle kar raha hai, is bbare me bhi hum logo sochana chahiye......
Axis bank ka bahana karke hum logo ko bewkoof bana rahe hai jabaki ek no. ko do cheque hone ke baad bhi bina signature match amount nikal hi nahi sakata .......
lagata hai satyam ke Raju linga ki tarah wo bhi jail me rahkar apne family ko maldar banane ka plan hai.
Upperwale kare ki mera sochana galat ho, phir bhi humlogo ko ekjut hokar apne jamapunji ke baare me soche.
Bhaiyo jara socho, har baar ek naya bahana chalata hai, koi aur director sath nahi hai or nahi unka family. agar wo seriously chahate to ab tak sabhi case ek saath combined karake Supreme court me larate, lekin abhi tak aisa nahi kiya,
yaha om sai nath car & rent ke alawa aur bhi company hai jaha se paisa collect kiye jaise Resort, construction, music and so on, lekin uske baare me court se jyada jankari humlogo ko nahi mili jaise wo paisa kaha hai, kaun handle kar raha hai, is bbare me bhi hum logo sochana chahiye......
Axis bank ka bahana karke hum logo ko bewkoof bana rahe hai jabaki ek no. ko do cheque hone ke baad bhi bina signature match amount nikal hi nahi sakata .......
lagata hai satyam ke Raju linga ki tarah wo bhi jail me rahkar apne family ko maldar banane ka plan hai.
Upperwale kare ki mera sochana galat ho, phir bhi humlogo ko ekjut hokar apne jamapunji ke baare me soche.
Aug 13, 2020
Complaint marked as Resolved View replies
there are 20000 people man just think and this is India where you can't control crowd..
sir, i can only say that police has done right job of arresting him and not letting him out.he has cleverly not paying and he shouldbe kept in jail and all directors should also be put in jail.let us see how many months he can stay in jail.this co will be compulsoryly wound up.
Iska farak tumko nahi padta magar garibo ka socho bhai woh agar jail mein rahega to garib log mar jayege yaar...already sub suffer kar rahe hai na baba...
Now what is the latest position about whereabout of Mr. Rupesh Verma and what is doing his advocate, there is nothing update about we are getting our hard earned money or not. I thinks his advocate also playing some trick behind this scandle.
Dear Mr. Ramesh Chander Malik please go through my comments which I mentioned in the Chapter that " Mr. Verma got bail in Mumbai" R.K.Nigam {Lucknow} [m} [protected]
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
0 minutes ago by rajendra kumar nigam [send email]
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
Re: Court hearing details 13th & 15th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
Please let me know the hiring date of the rupesh verm in patialya house cout
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9 Comments
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Resolved
Resolved
Time to revise strategy
Dear All Investors, As is clear the next date for Delhi hearing has been fixed for 6-5-10,one full month away.Same will happen in rest of the country.It is high time we thought of some other options to this vexed problem. 1. Let us try to bring all cases to Delhi for a speedy trial & decision. 2. We should try to persuade Mr.Verma / others to authorise somebody else to run the show,start paying the investors their due returns [as per his intentions/guidance/instructions] immediately . If this happens all the cases would stand withdrawn automatically,providing immense relief to all investors as well Mr. Verma. In that case he can once again build reputation of the co. as well as run the business effectively. 3. If these options are not feasible or somebody tries to play mischief or they do not want to pay , then , ALL other Directors/Managers/Functionaries of the co. - who are till now roaming scotfree & enjoying because of our hard-earned money , must be arrested & made permanent companions of Rupesh Verma, .This will be the last thing that can effectively put pressure on these unholy souls.
Aug 13, 2020
Complaint marked as Resolved View replies
rupesh varma sir tell somthing your on side
ham log confuse hia kya ho raha hia
please give any msg in sons site we r too suffering .please, god bless u
ham log confuse hia kya ho raha hia
please give any msg in sons site we r too suffering .please, god bless u
I agree with Dr Sharma.
Please take initiative.
Please take initiative.
I fully agree and we should come together find the way out.We need to take somebody's help so that things doesn't move beyond 25th April.If no fraud is found the investor shouldn't be sufferer.We should fight under common platform.
Now I thing, Mr. Rupesh Verma is playing game with us.
Bhaiyo jara socho, har baar ek naya bahana chalata hai, koi aur director sath nahi hai or nahi unka family. agar wo seriously chahate to ab tak sabhi case ek saath combined karake Supreme court me larate, lekin abhi tak aisa nahi kiya,
yaha om sai nath car & rent ke alawa aur bhi company hai jaha se paisa collect kiye jaise Resort, construction, music and so on, lekin uske baare me court se jyada jankari humlogo ko nahi mili jaise wo paisa kaha hai, kaun handle kar raha hai, is bbare me bhi hum logo sochana chahiye...
Axis bank ka bahana karke hum logo ko bewkoof bana rahe hai jabaki ek no. ko do cheque hone ke baad bhi bina signature match amount nikal hi nahi sakata ...
lagata hai satyam ke Raju linga ki tarah wo bhi jail me rahkar apne family ko maldar banane ka plan hai.
Upperwale kare ki mera sochana galat ho, phir bhi humlogo ko ekjut hokar apne jamapunji ke baare me soche.
Bhaiyo jara socho, har baar ek naya bahana chalata hai, koi aur director sath nahi hai or nahi unka family. agar wo seriously chahate to ab tak sabhi case ek saath combined karake Supreme court me larate, lekin abhi tak aisa nahi kiya,
yaha om sai nath car & rent ke alawa aur bhi company hai jaha se paisa collect kiye jaise Resort, construction, music and so on, lekin uske baare me court se jyada jankari humlogo ko nahi mili jaise wo paisa kaha hai, kaun handle kar raha hai, is bbare me bhi hum logo sochana chahiye...
Axis bank ka bahana karke hum logo ko bewkoof bana rahe hai jabaki ek no. ko do cheque hone ke baad bhi bina signature match amount nikal hi nahi sakata ...
lagata hai satyam ke Raju linga ki tarah wo bhi jail me rahkar apne family ko maldar banane ka plan hai.
Upperwale kare ki mera sochana galat ho, phir bhi humlogo ko ekjut hokar apne jamapunji ke baare me soche.
rupesh varma sir Pl. join hand to fight against this furad.
sood
sood
rupesh sir mai aap ki campani ka maneger ho (lucknow branch)
sir campani mae kya ho raha ahi kya hone wala hai kuch pata nahi aur ham (campani mae kam karne wale) bhage bhage gum rahe hai ham kya kare ? aaj 5 mahi ne ho gai nakoi newas nakoi salari ham kya kare aap hi batai ye sir
om sai nath
sir campani mae kya ho raha ahi kya hone wala hai kuch pata nahi aur ham (campani mae kam karne wale) bhage bhage gum rahe hai ham kya kare ? aaj 5 mahi ne ho gai nakoi newas nakoi salari ham kya kare aap hi batai ye sir
om sai nath
0 minutes ago by rajendra kumar nigam [send email]
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
Hi investors,
I spoke to so many people ( investors ) and met with staff also, no body knows whats happening,
i heard that people are start getting their money back. is that true, Rupesh verma commited to pay all investors money back. but Now all website, offices are closed, So I couldn't find what is happending now a days.
Please update me if you have any latest news.
thanks
I spoke to so many people ( investors ) and met with staff also, no body knows whats happening,
i heard that people are start getting their money back. is that true, Rupesh verma commited to pay all investors money back. but Now all website, offices are closed, So I couldn't find what is happending now a days.
Please update me if you have any latest news.
thanks
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Resolved
Resolved
Court hearing details 8th April 10 - Delhi
Court hearing details 8th April 2010 Delhi
The Judge today didn’t went into any details neither police/eow had submitted any evidence/proof of fraud nor Mr. Arya pushed for bail and even the complainants lawyers were just passing time & no serious thought for the sufferings of the Investors who have invested their hard earned money, no directive to police/eow & the comment was that it will take time to decide on this case and next hearing date was put as 6th May 2010. The court seems to be more interested to add all complainants across India as indicated in last hearing instead of releasing money to the needy..
Either it is a fall out of our system or an inadvertent way to keep giving dates & delay the matter or may be a conspiracy against investors by some vested interest because a date that’s to a month far away given by the court when in investors house it is now getting difficult to make 2 ends meet, marriages are postponed, education to the children is denied, life saving reserves are getting exhausted, sr. citizens are suffering, health problems due to stress & depression is increasing, no money for any ailments to be paid to doctors etc. & the judicial system the police/eow & the lawyers have no empathy to it.
Sosn Investors Forum view point:
Why was there a need to give a month far away date when there has been no credible evidence/proof of fraud given by police/eow till today. Why there has been no discussion on bail/release of Mr. Verma. Why the complainant’s lawyer are not pushing to get a verdict to get money to investors when Mr. Verma is ready to give money. Why the court is worried about payment to complainant’s of other cities like Mumbai, Lucknow, Pune, Banglore, Jaipur etc. when the decision at Delhi has reached it nemesis & other courts of other cities are ongoing as per the normal policies of justice delayed is justice denied.
Is all this a ploy to keep the justice away from investors by some vested interest or the investors have fallen into trap(may be laid by Roopesh Verma & other directors of sosn). Why Roopesh Vermas family & brothers are not supporting him at such a need of the hour (a simple denouncement of relationship saves the family from harassment) may be as planned. Is he in reality a culprit or victim of the circumstances?
The events unfolded are getting to a situation wherein every investor is perplexed, unable to decide the future course of action & totally dependent on a system having a history of delays & crucifies every effort of peasants for justice.
The only solution right now seems to be filing of a writ petition by Mr. Verma in Supreme Court to centralize all cases across India & get a fast track hearing & consecutively a verdict in favour of investors. Even if a proper Pan India Investors Forum is made (though a start has been given) then they can also represent themselves by filing a writ petition of public interest & get the money released to them (as the money & all property belongs to the investors only). Even if fraud is detected the investors would be safe from the outcome & any loss out of it. The court has already acknowledged the assets worth 300 crores in the name of sosn & running income of 5-6 crores pm with main & allied business, which can be used for repayment & rerunning of the company.
Alternatively all other directors, Mr. Amit Verma, Sumit Verma, Sanjeev Srivastava & other Sr. employees will have to be brought to the books & under law purview if other options fail & money is not released as desired.
We are formulating a Plan of Action by investors in their individual as well as in collective manner to get the discussion in favour of investors by the court on 6th May 2010. Suggestions and guidance is solicited.
Sosn Investors Forum
The Judge today didn’t went into any details neither police/eow had submitted any evidence/proof of fraud nor Mr. Arya pushed for bail and even the complainants lawyers were just passing time & no serious thought for the sufferings of the Investors who have invested their hard earned money, no directive to police/eow & the comment was that it will take time to decide on this case and next hearing date was put as 6th May 2010. The court seems to be more interested to add all complainants across India as indicated in last hearing instead of releasing money to the needy..
Either it is a fall out of our system or an inadvertent way to keep giving dates & delay the matter or may be a conspiracy against investors by some vested interest because a date that’s to a month far away given by the court when in investors house it is now getting difficult to make 2 ends meet, marriages are postponed, education to the children is denied, life saving reserves are getting exhausted, sr. citizens are suffering, health problems due to stress & depression is increasing, no money for any ailments to be paid to doctors etc. & the judicial system the police/eow & the lawyers have no empathy to it.
Sosn Investors Forum view point:
Why was there a need to give a month far away date when there has been no credible evidence/proof of fraud given by police/eow till today. Why there has been no discussion on bail/release of Mr. Verma. Why the complainant’s lawyer are not pushing to get a verdict to get money to investors when Mr. Verma is ready to give money. Why the court is worried about payment to complainant’s of other cities like Mumbai, Lucknow, Pune, Banglore, Jaipur etc. when the decision at Delhi has reached it nemesis & other courts of other cities are ongoing as per the normal policies of justice delayed is justice denied.
Is all this a ploy to keep the justice away from investors by some vested interest or the investors have fallen into trap(may be laid by Roopesh Verma & other directors of sosn). Why Roopesh Vermas family & brothers are not supporting him at such a need of the hour (a simple denouncement of relationship saves the family from harassment) may be as planned. Is he in reality a culprit or victim of the circumstances?
The events unfolded are getting to a situation wherein every investor is perplexed, unable to decide the future course of action & totally dependent on a system having a history of delays & crucifies every effort of peasants for justice.
The only solution right now seems to be filing of a writ petition by Mr. Verma in Supreme Court to centralize all cases across India & get a fast track hearing & consecutively a verdict in favour of investors. Even if a proper Pan India Investors Forum is made (though a start has been given) then they can also represent themselves by filing a writ petition of public interest & get the money released to them (as the money & all property belongs to the investors only). Even if fraud is detected the investors would be safe from the outcome & any loss out of it. The court has already acknowledged the assets worth 300 crores in the name of sosn & running income of 5-6 crores pm with main & allied business, which can be used for repayment & rerunning of the company.
Alternatively all other directors, Mr. Amit Verma, Sumit Verma, Sanjeev Srivastava & other Sr. employees will have to be brought to the books & under law purview if other options fail & money is not released as desired.
We are formulating a Plan of Action by investors in their individual as well as in collective manner to get the discussion in favour of investors by the court on 6th May 2010. Suggestions and guidance is solicited.
Sosn Investors Forum
Aug 13, 2020
Complaint marked as Resolved View replies
please all info. to me
please total infomation to me
dear sir,
enough is enough now... no more patience to wait... it is our hard earned money... and we tryst that the judgement is made in favor of the investors... all are in deep pain and worry... let the culprit be caught hold of and severely punished and we receive our money back.
enough is enough now... no more patience to wait... it is our hard earned money... and we tryst that the judgement is made in favor of the investors... all are in deep pain and worry... let the culprit be caught hold of and severely punished and we receive our money back.
Now I think, Mr. Rupesh Verma is playing game with us and intentioanaly do not want to pay.
Bhaiyo jara socho, har baar ek naya bahana chalata hai, koi aur director sath nahi hai or nahi unka family. agar wo seriously chahate to ab tak sabhi case ek saath combined karake Supreme court me larate, lekin abhi tak aisa nahi kiya,
yaha om sai nath car & rent ke alawa aur bhi company hai jaha se paisa collect kiye jaise Resort, construction, music and so on, lekin uske baare me court se jyada jankari humlogo ko nahi mili jaise wo paisa kaha hai, kaun handle kar raha hai, is bbare me bhi hum logo sochana chahiye...
Axis bank ka bahana karke hum logo ko bewkoof bana rahe hai jabaki ek no. ko do cheque hone ke baad bhi bina signature match amount nikal hi nahi sakata ...
lagata hai satyam ke Raju linga ki tarah wo bhi jail me rahkar apne family ko maldar banane ka plan hai.
Upperwale kare ki mera sochana galat ho, phir bhi humlogo ko ekjut hokar apne jamapunji ke baare me soche.
Bhaiyo jara socho, har baar ek naya bahana chalata hai, koi aur director sath nahi hai or nahi unka family. agar wo seriously chahate to ab tak sabhi case ek saath combined karake Supreme court me larate, lekin abhi tak aisa nahi kiya,
yaha om sai nath car & rent ke alawa aur bhi company hai jaha se paisa collect kiye jaise Resort, construction, music and so on, lekin uske baare me court se jyada jankari humlogo ko nahi mili jaise wo paisa kaha hai, kaun handle kar raha hai, is bbare me bhi hum logo sochana chahiye...
Axis bank ka bahana karke hum logo ko bewkoof bana rahe hai jabaki ek no. ko do cheque hone ke baad bhi bina signature match amount nikal hi nahi sakata ...
lagata hai satyam ke Raju linga ki tarah wo bhi jail me rahkar apne family ko maldar banane ka plan hai.
Upperwale kare ki mera sochana galat ho, phir bhi humlogo ko ekjut hokar apne jamapunji ke baare me soche.
Investor forum should take him into confidence and file writ petition in Supreme court... Please suggest
Dear Maheshwar pl. read my comments displayed in the chapter " Mr. Verma got bail in Mumbai" R.K.Nigam {Lucknow} {m} [protected]
i really dont have anything to say. money is gone and there is no hope of any ray...all are waiting for a verdict of the GOD. who is playing the trick no one knows.. it is almost ten months and no money is returned. may god bless us else many of the investors will suffer great set back with internal breakdown. is there any one who can be sincere in our country?
Ashim Guha
Ashim Guha
0 minutes ago by rajendra kumar nigam [send email]
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO FIND JUSTICE THROUGH SUPREME COURT VIA HIGH COURT.
LATEST INFORMATION OF COURT HEARING ON 7th JAN 2011
The Hon'ble Magistrate Mr. Amit Bansal Additional City Matropolian Magistrate Patiyala House Court at Newe Delhi has cancelled the bail of Mr. Amit Verma ( Chairman of SOSN) as he could not deposite the
amount which was 10 to 40 cores as ordered by Hon, ble Session Judge Mr. S.P.Garg. In my view it was good because if he had deposited the amount than this money is to be distributed amongst Delhi Investor Only & other investor across India remain kept on waiting waiting & waithing. So my dear friend, s dont waste the time and join hands to fight case in Supreme Court because the verdict given by Hon, ble Supreme court will be a binding on every court if India. Now its upto you?
R.K.NIGAM (m) [protected]
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO FIND JUSTICE THROUGH SUPREME COURT VIA HIGH COURT.
LATEST INFORMATION OF COURT HEARING ON 7th JAN 2011
The Hon'ble Magistrate Mr. Amit Bansal Additional City Matropolian Magistrate Patiyala House Court at Newe Delhi has cancelled the bail of Mr. Amit Verma ( Chairman of SOSN) as he could not deposite the
amount which was 10 to 40 cores as ordered by Hon, ble Session Judge Mr. S.P.Garg. In my view it was good because if he had deposited the amount than this money is to be distributed amongst Delhi Investor Only & other investor across India remain kept on waiting waiting & waithing. So my dear friend, s dont waste the time and join hands to fight case in Supreme Court because the verdict given by Hon, ble Supreme court will be a binding on every court if India. Now its upto you?
R.K.NIGAM (m) [protected]
Mr. NIGAM I AM SUSHMA SHUKLA WITH YOU TELL ME HOW TO JOIN WITH YOU TO FIGHT AGAINT.
[protected]@sify.com
[protected]@sify.com
Just I want to know that when our money will be back and what is the latest news ? No News is available in 2011. Where is Mr. Roopesh Verma ? We are worried about our hard earned money
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Resolved
Resolved
No payment last five month
| Address: Faridabad, Haryana |
I am a Investor from Shree om sai nath car on rent I Invest 1.5 lack in sept,09 and I gatting 2 month payment but after nov,09 I am not gatting any payment from Shree om shree om sai nath car on rent.
Aug 14, 2020
Complaint marked as Resolved View replies
Dear Clint,
Aap logogo ko koi paisa nhi milega aap sub ka bewakoof banaya ja rha he plz apna time mut barbad karo
Aap logogo ko koi paisa nhi milega aap sub ka bewakoof banaya ja rha he plz apna time mut barbad karo
ON 6/8/10 The Hon'ble Judge Mr. S.P.Garg has directed to the lawer of Mr. R.Verma to deosite substantial amount in crores in Nationalised Bank & give the details of the same to the court. Now the Further date is 25/8/10 WITH all good wishes " May Shree Sai Nath Baba bless us all" R.K.Nigam {Lucknow} (m) [protected].
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
0 minutes ago by rajendra kumar nigam [send email]
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
Re: Court hearing details 13th & 15th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO FIND JUSTICE THROUGH SUPREME COURT VIA HIGH COURT.
LATEST INFORMATION OF COURT HEARING ON 7th JAN 2011
The Hon'ble Magistrate Mr. Amit Bansal Additional City Matropolian Magistrate Patiyala House Court at Newe Delhi has cancelled the bail of Mr. Amit Verma ( Chairman of SOSN) as he could not deposite the
amount which was 10 to 40 cores as ordered by Hon, ble Session Judge Mr. S.P.Garg. In my view it was good because if he had deposited the amount than this money is to be distributed amongst Delhi Investor Only & other investor across India remain kept on waiting waiting & waithing. So my dear friend, s dont waste the time and join hands to fight case in Supreme Court because the verdict given by Hon, ble Supreme court will be a binding on every court if India. Now its upto you?
R.K.NIGAM (m) [protected]
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO FIND JUSTICE THROUGH SUPREME COURT VIA HIGH COURT.
LATEST INFORMATION OF COURT HEARING ON 7th JAN 2011
The Hon'ble Magistrate Mr. Amit Bansal Additional City Matropolian Magistrate Patiyala House Court at Newe Delhi has cancelled the bail of Mr. Amit Verma ( Chairman of SOSN) as he could not deposite the
amount which was 10 to 40 cores as ordered by Hon, ble Session Judge Mr. S.P.Garg. In my view it was good because if he had deposited the amount than this money is to be distributed amongst Delhi Investor Only & other investor across India remain kept on waiting waiting & waithing. So my dear friend, s dont waste the time and join hands to fight case in Supreme Court because the verdict given by Hon, ble Supreme court will be a binding on every court if India. Now its upto you?
R.K.NIGAM (m) [protected]
Sir, I am an investor from Delhi, having invested an amount of Rs. three lac with the SOSN-car on rentin July 2009. Within two months of making the investment, the company got involved in litigation and the payment against the PDCs issued by the company was stopped all of a sudden. Through net I came to know that a court case against this coy. is in progress in the Patiala House Courts. But I am not aware of the latest position of the case. I would be grateful, if you could kindly inform me the present position and also guide me as to where and which authority I should approach to lodge my complaint for getting my money back. I shall be highly grateful for this.
Truly yours
Sada Nand Kapoor
Email: [protected]@rediffmail.com
Truly yours
Sada Nand Kapoor
Email: [protected]@rediffmail.com
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Resolved
Resolved
File writ petition in Supreme Court
This was written by one Mr. Mukarjee,
Dear Mr. Maroo,
I support your endeavor to file a writ petition in High court of Maharashtra (if I am not wrong) which was also suggested byJudge in pune court as there was no recoverable property in pune to combine it with Mumbai case/complaints/FIRs as it seems to be a right step but there are many questions still left unanswered.
1. How does your writ petition in Maharashtra High Court is going to help investors across India, as Maha High Court does not have jurisdiction control in any other state?
2. Would you be filing it as a public Interest or a private one?
3. How would you prove the legal status of yours to file the same?
4. Why not Mr. Roopesh Verma files the same & garner support from Investors through the affidavit you have made with some minor changes to it.
4. The Affidavit you prepared for support of Sosn/Roopesh Verma & other directors of Sosn was more towards directing the court to a certain task, like acceptance of Investors; to receive money as being irrelevant whether a fraud is committed by roopesh verma or not & irrespective the matter being sub-justice in various courts?
5. If Mr. Verma is cleared by Delhi court under lack of proof or is given bail then How does your writ petition will be active & whether Mr. Verma still needs to languish in other jails of country or get bail in all places where FIR has been filed?
6. As the matter is yet to be brought to a level of public interest (though a Investors interest) as there has not been a formal Pan India Investors Forum which can actually act as petitioner or affected party only the accused & victim is playing the game & taking rest of the 97-99% of investors for a ride.
Kindly answer this before you proceed and if you want to file a writ petition do it in Supreme Court and let Mr. Verma be a party to it if in reality he is not guilty & is serious to give money and also try to make a Pan India Forum so together every one can benefit at a go instead of doubting each others intentions and loosing on regional grounds.
Sahil Mukharjee
We support filing of writ petition in supreme court for a pan India solution & release of money to every sosn investor and also endorse Mr. Roopesh Verma & other directors to be a party to it, ultimately if they are serious they should come forward for the same themselves and if they want, each investor on assurance of release of money will/may be ready to extend the support needed for the same.
The answers seek by Mr. Mukharjee are quite valid in the context of investors from other states & UT to get relief, moreover some gets reprieve others wait will spoil the equilibrium of whole of the efforts by Investors across India. Besides that if all investors joins hands make an Investors Forum, contribute an appropriate amount as is done by Pune investors, appeal the writ petition in supreme court as a public interest one (as it is one seeing the large base of investors) a timely solution can be expected from the judicial intervention.
Even the new affidavit can be used after removing few flaws in it and can be made a power full tool to be presented in court giving good options for an early verdict/decision. An Pan India Investors Forum can also attain a legal identity while registering itself with appropriate authority and can become a party to the writ petition & force Mr. Verma & other Directors to actually run the company with sufficient control by investors. Even in the last hearing in Delhi the honorable Judge has suggested that all complainants's in India should come together for an early solution also it stands a directive to other investors who are in support or are neutral yet.
As it has also come to known that Mr. Vermas wife, family & brothers are not supporting him (reason not known) & only some friends are helping him & also some politician are after him for what (money or pressure or power) can't say making it a more difficult task for investors to expect money now. Only supreme court now may fast track the hearing & finalise a solution. Even if Mr. Verma gets bail how is he going to execute his commitments to investors or run his business if political pressure destabilizes his efforts for the same.
Come all investors join hands & fight for our right to get our hard earned money back.
Sosn Investors Forum
Dear Mr. Maroo,
I support your endeavor to file a writ petition in High court of Maharashtra (if I am not wrong) which was also suggested byJudge in pune court as there was no recoverable property in pune to combine it with Mumbai case/complaints/FIRs as it seems to be a right step but there are many questions still left unanswered.
1. How does your writ petition in Maharashtra High Court is going to help investors across India, as Maha High Court does not have jurisdiction control in any other state?
2. Would you be filing it as a public Interest or a private one?
3. How would you prove the legal status of yours to file the same?
4. Why not Mr. Roopesh Verma files the same & garner support from Investors through the affidavit you have made with some minor changes to it.
4. The Affidavit you prepared for support of Sosn/Roopesh Verma & other directors of Sosn was more towards directing the court to a certain task, like acceptance of Investors; to receive money as being irrelevant whether a fraud is committed by roopesh verma or not & irrespective the matter being sub-justice in various courts?
5. If Mr. Verma is cleared by Delhi court under lack of proof or is given bail then How does your writ petition will be active & whether Mr. Verma still needs to languish in other jails of country or get bail in all places where FIR has been filed?
6. As the matter is yet to be brought to a level of public interest (though a Investors interest) as there has not been a formal Pan India Investors Forum which can actually act as petitioner or affected party only the accused & victim is playing the game & taking rest of the 97-99% of investors for a ride.
Kindly answer this before you proceed and if you want to file a writ petition do it in Supreme Court and let Mr. Verma be a party to it if in reality he is not guilty & is serious to give money and also try to make a Pan India Forum so together every one can benefit at a go instead of doubting each others intentions and loosing on regional grounds.
Sahil Mukharjee
We support filing of writ petition in supreme court for a pan India solution & release of money to every sosn investor and also endorse Mr. Roopesh Verma & other directors to be a party to it, ultimately if they are serious they should come forward for the same themselves and if they want, each investor on assurance of release of money will/may be ready to extend the support needed for the same.
The answers seek by Mr. Mukharjee are quite valid in the context of investors from other states & UT to get relief, moreover some gets reprieve others wait will spoil the equilibrium of whole of the efforts by Investors across India. Besides that if all investors joins hands make an Investors Forum, contribute an appropriate amount as is done by Pune investors, appeal the writ petition in supreme court as a public interest one (as it is one seeing the large base of investors) a timely solution can be expected from the judicial intervention.
Even the new affidavit can be used after removing few flaws in it and can be made a power full tool to be presented in court giving good options for an early verdict/decision. An Pan India Investors Forum can also attain a legal identity while registering itself with appropriate authority and can become a party to the writ petition & force Mr. Verma & other Directors to actually run the company with sufficient control by investors. Even in the last hearing in Delhi the honorable Judge has suggested that all complainants's in India should come together for an early solution also it stands a directive to other investors who are in support or are neutral yet.
As it has also come to known that Mr. Vermas wife, family & brothers are not supporting him (reason not known) & only some friends are helping him & also some politician are after him for what (money or pressure or power) can't say making it a more difficult task for investors to expect money now. Only supreme court now may fast track the hearing & finalise a solution. Even if Mr. Verma gets bail how is he going to execute his commitments to investors or run his business if political pressure destabilizes his efforts for the same.
Come all investors join hands & fight for our right to get our hard earned money back.
Sosn Investors Forum
Aug 13, 2020
Complaint marked as Resolved View replies
Please what should be action point .We need to file in Supreme court as politician vested interest will loot our money
Any update on this now ??
Are we likely to get our money back, even if partially ??
Are we likely to get our money back, even if partially ??
Mr. Satish as the information is placed on Internet by [protected]@gmail.com the 3/8/10 was fixed for Mr. Amit Verma {Chairman} & 6/8/10 for Mr. Rupesh Verma {M.D.} and 10/8/10 for final . I have also deputed an Advocate to look into the matter in personal capacity.Till than we should prepare a chart of invested & recovered money so that that actual feagure of balance invested money could be placed before the Hon'ble Court.Its my suggestion rest all depends on your faith on Shri Sai Nath Baba. R.K.Nigam. [protected]
on 6/8/10 The Hon'ble Judge Mr. S.P.Garg has diurected the lawer of Mr. R. Verma to deposite substantial amount in crores in Nationalised Bank & give the details of the same to the court. Further the next date is 25/8/10 R.K.Nigam {Lucknow} (m) [protected]
Dear Mr R K Nigam
It seems that Mr Verma, who has been till now was maintaining that he will run the company, wants to run away from the commitment he made to all investors.it is very painful to bear this loss of hard earned money.We all investors will be grateful to u for all the efforts u r making for a good cause.thousands investors will pray for u and your family.
with regards
suraj bhan malik
one of the dishearten investors
It seems that Mr Verma, who has been till now was maintaining that he will run the company, wants to run away from the commitment he made to all investors.it is very painful to bear this loss of hard earned money.We all investors will be grateful to u for all the efforts u r making for a good cause.thousands investors will pray for u and your family.
with regards
suraj bhan malik
one of the dishearten investors
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
0 minutes ago by rajendra kumar nigam [send email]
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
5 min
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
5 min
Re: Court hearing details 13th & 15th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: Investor Forum <[protected]@gmail.com>
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO SEEK HIGH COURT STAY.
R.K.NIGAM (m) [protected]
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Thu, 16 September, 2010 10:47:17 PM
Subject: Court hearing details 13th & 15th September 10
We are thankful to Mr. Anil, Mr. Manoj Kumar & others for the update for rest of the investors community. As Justice S P Garg reserved his decision on the bail plea of Mr. Rv finding it difficult unless & until the investors start receiving their payments under a committee he had recommended to over look the earlier basis for rejection of bail by the lower court & suggest to form the committee under Justice R C Chopra.
The court on 13th September decided to extend a passionate hearing to the cause of bail to Mr. Rv & heard the lawyers of both the accused & victim & reciprocated in a positive manner. The lawyers were better behaved & seems to have got into understanding that unless & until the investors start receiving some money bail to Mr. Rv is not possible.
Justice Ajay Pandey was of the view that the court should be apprised where is the money available & how it will be paid. The IO of EOW was unable to confirm how much unfettered amount is available & sought time for the same to be confirmed from the bank & requested for orders by the judge to the bank official to present the same in the court which by Judge order can be released to the investors at the earliest. The order was made for the same.
Mr. Rvs lawyer informed about around Rs.15-18 Cr. Plus various properties like one in Lucknow costing 3 Cr.+ 2 resort/hotel in Gurgaon of value 18 Cr.+ and various properties across India owned by sosn/Rv etc. and Rs.9.5 crores in IOB Mumbai which can be used to repay. The court suggested only the properties & money under their jurisdiction will be used.
There were persons from Pune group representing 1500+ investors & tried to place their list of the same to the court, the court suggested them to approach Mumbai court for the same & said any procedure followed at Delhi court will be a precedent & the order could be presented in courts in other cities for the same kind of relief. And sosn/Mr. Rv has sufficient money & assets for the same.
The court kept other hearing date as 15th September 10.
The court granted interim bail to Mr. Amit Verma against two surities of Rs. 50 lakh each, to arrange for Rs.10 to 40 Cr. Within 25 days, so the money can be given to the investors by the committee under the chairmanship of Justice R C Chopra. If the same cannot be completed in time then any further bail would not be granted to any body & the case will run for normal course.
The court has kept 13th October 10 for the next hearing.
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO FIND JUSTICE THROUGH SUPREME COURT VIA HIGH COURT.
LATEST INFORMATION OF COURT HEARING ON 7th JAN 2011
The Hon'ble Magistrate Mr. Amit Bansal Additional City Matropolian Magistrate Patiyala House Court at Newe Delhi has cancelled the bail of Mr. Amit Verma ( Chairman of SOSN) as he could not deposite the
amount which was 10 to 40 cores as ordered by Hon, ble Session Judge Mr. S.P.Garg. In my view it was good because if he had deposited the amount than this money is to be distributed amongst Delhi Investor Only & other investor across India remain kept on waiting waiting & waithing. So my dear friend, s dont waste the time and join hands to fight case in Supreme Court because the verdict given by Hon, ble Supreme court will be a binding on every court if India. Now its upto you?
R.K.NIGAM (m) [protected]
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO FIND JUSTICE THROUGH SUPREME COURT VIA HIGH COURT.
LATEST INFORMATION OF COURT HEARING ON 7th JAN 2011
The Hon'ble Magistrate Mr. Amit Bansal Additional City Matropolian Magistrate Patiyala House Court at Newe Delhi has cancelled the bail of Mr. Amit Verma ( Chairman of SOSN) as he could not deposite the
amount which was 10 to 40 cores as ordered by Hon, ble Session Judge Mr. S.P.Garg. In my view it was good because if he had deposited the amount than this money is to be distributed amongst Delhi Investor Only & other investor across India remain kept on waiting waiting & waithing. So my dear friend, s dont waste the time and join hands to fight case in Supreme Court because the verdict given by Hon, ble Supreme court will be a binding on every court if India. Now its upto you?
R.K.NIGAM (m) [protected]
any new update
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Resolved
Resolved
Clear conspiracy against son/Mr. Verma
roopesh verma sosn
Posted:[protected] by J SHAH Send email
good person held for not doing fraud
SOURCE MID-DAY DATE 27/3/2010 PAGE NO.6
SOURCE LINK :http://www.mid-day.com/epaper/index.htm
RUPESH SABKA RUPAYYA DEGA’
CAR RENTAL AND MONEY- DOUBLE SCHEME OPERATOR RUPESH VERMA CLAIMS MULTI- CRORE FRAUD ON HIS INVESTORS NOT OF HIS MAKING, BUT HE WILL STILL PAY EVERYBODY BACK
KETAN RANGA ketan. [protected]@ mid- day. com HE is adamant he has not committed any fraud, says he is ready — always was — to pay every single investor every single rupee, and that it was he, Rupesh Verma, who was cheated by a person in his company and his bank.
Accused of a nationwide multi- crore fraud, 34- year- old Verma, a car rental businessman and operator of many double- your- money schemes, was arrested in Delhi in December. In an exclusive interview from the city jail where he is in custody, Verma told MiD DAY that the cheques he issued were not honoured because funds were flushed out of his bank without his knowledge.
There are about 2,000 investors who had put their money in Delhi- based Verma’s car rental business and other moneymaking schemes.
Police seized over 500 cars and property worth crores of rupees from Verma in Mumbai, Delhi, Pune, Bangalore, Kolkata and Jaipur. About 150 cars were seized fromMumbai alone.
Verma is behind bars in Arthur Road jail, but is often
taken to Delhi, Jaipur, Pune and Mumbai, where he has many cases lodged against him.
Victim of forgery “ I have not committed any fraud. All my cheques were from one bank. There was a cheat in my company who was committing fraud in collusion with the bank,” said Verma.
“ A number of times, two cheques with the same number were cleared. Cheques with my forged signature have also been issued and cleared.” He added that even when he discovered something was wrong, the bank didn’t heed his instructions.
“ I had sent a letter to the bank to stop the payment, but the cheques issued without my knowledge were still cleared. Unfortunately, that money had been deposited for the investors,” said Verma.
“ The cheques I issued to my investors bounced. The cash had already been withdrawn through fraudulent activities.” Conspiracy claim Verma said what happened was because of a temporary cash crunch because he was cheated, but that he was again in a position to pay back every investor.
“ I am ready to make payments
payments to my investors even today, since I have the money.
But there is a huge conspiracy against me,” said Verma.
Verma said he had even called a conference to tell his investors he would return their money, but the people who wanted him to fail stagemanaged everything and he was arrested.
Verma is now to be taken to Jaipur for investigations.
I am ready to make payments even today to my investors, and I have the money too.
But there is a huge conspiracy against me.
— Rupesh Verma
I completely believe Mr. Vermas words that his arrest was staged managed by persons who have swindled off his money through the nexus with the bank. Cheques bounced in November 09 was cleared through ECS directly by Sosn Mumbai office through NEFT and on 10 Dec 09 the website of bank kept on showing 'funds under transfer' till evening & our cheque got bounced, which means funds were deposited by Sosn but as was fraudulently were being withdrawn by the cheat first with nexus with the bank it was insufficient.
I have spoken to Mr. Roopesh on 14 dec 09 & he said he is coming to Delhi In the press conference & will clear all doubts & start the delhi office on 17 dec itself, Even those 2 ladies & few mens with them at the pres conference didn't allowed Mr. Verma to speak & later created ruckus outside PCI, I myself had tried to save Mr. Verma & got him in his car, from those mens but suffered a push. Mr. Verma was seemingly perplexed by such situation. Even the police seemed to be called by those cheaters as their was no complaint/FIR against Mr. Roopesh there was no need by the police to be there & the police in actual pulled out Mr. Verma of his car & took him in jeep to Parliament PS instead of clearing the way of the car to go on move on the roads.
Later this ladies was pressurizing the investors to go to the PS & file complaint/FIR but when asked why don't they file complaint/FIR they moved away & it had come true their has been no complaint/FIR filed by them it was only a brother sister duo who were almost forced by the lawyers (who are now going to enjoy moolah by getting 10% from complainants) to file FIR BY 9.30 pm late in the evening. Those ladies & few men with them are not to be seen in any court hearing, police/eow stn. till today, only 2-3 bank staff comes regularly (I don't know what interests them may be their bank will get bad name if Mr. Verma is out). It is definitely a conspiracy againt sosn/Mr. Verma, we all should fight back & if Mr. Verma is ready to give us the money then we should not loose this opportunity at all.
Posted:[protected] by J SHAH Send email
good person held for not doing fraud
SOURCE MID-DAY DATE 27/3/2010 PAGE NO.6
SOURCE LINK :http://www.mid-day.com/epaper/index.htm
RUPESH SABKA RUPAYYA DEGA’
CAR RENTAL AND MONEY- DOUBLE SCHEME OPERATOR RUPESH VERMA CLAIMS MULTI- CRORE FRAUD ON HIS INVESTORS NOT OF HIS MAKING, BUT HE WILL STILL PAY EVERYBODY BACK
KETAN RANGA ketan. [protected]@ mid- day. com HE is adamant he has not committed any fraud, says he is ready — always was — to pay every single investor every single rupee, and that it was he, Rupesh Verma, who was cheated by a person in his company and his bank.
Accused of a nationwide multi- crore fraud, 34- year- old Verma, a car rental businessman and operator of many double- your- money schemes, was arrested in Delhi in December. In an exclusive interview from the city jail where he is in custody, Verma told MiD DAY that the cheques he issued were not honoured because funds were flushed out of his bank without his knowledge.
There are about 2,000 investors who had put their money in Delhi- based Verma’s car rental business and other moneymaking schemes.
Police seized over 500 cars and property worth crores of rupees from Verma in Mumbai, Delhi, Pune, Bangalore, Kolkata and Jaipur. About 150 cars were seized fromMumbai alone.
Verma is behind bars in Arthur Road jail, but is often
taken to Delhi, Jaipur, Pune and Mumbai, where he has many cases lodged against him.
Victim of forgery “ I have not committed any fraud. All my cheques were from one bank. There was a cheat in my company who was committing fraud in collusion with the bank,” said Verma.
“ A number of times, two cheques with the same number were cleared. Cheques with my forged signature have also been issued and cleared.” He added that even when he discovered something was wrong, the bank didn’t heed his instructions.
“ I had sent a letter to the bank to stop the payment, but the cheques issued without my knowledge were still cleared. Unfortunately, that money had been deposited for the investors,” said Verma.
“ The cheques I issued to my investors bounced. The cash had already been withdrawn through fraudulent activities.” Conspiracy claim Verma said what happened was because of a temporary cash crunch because he was cheated, but that he was again in a position to pay back every investor.
“ I am ready to make payments
payments to my investors even today, since I have the money.
But there is a huge conspiracy against me,” said Verma.
Verma said he had even called a conference to tell his investors he would return their money, but the people who wanted him to fail stagemanaged everything and he was arrested.
Verma is now to be taken to Jaipur for investigations.
I am ready to make payments even today to my investors, and I have the money too.
But there is a huge conspiracy against me.
— Rupesh Verma
I completely believe Mr. Vermas words that his arrest was staged managed by persons who have swindled off his money through the nexus with the bank. Cheques bounced in November 09 was cleared through ECS directly by Sosn Mumbai office through NEFT and on 10 Dec 09 the website of bank kept on showing 'funds under transfer' till evening & our cheque got bounced, which means funds were deposited by Sosn but as was fraudulently were being withdrawn by the cheat first with nexus with the bank it was insufficient.
I have spoken to Mr. Roopesh on 14 dec 09 & he said he is coming to Delhi In the press conference & will clear all doubts & start the delhi office on 17 dec itself, Even those 2 ladies & few mens with them at the pres conference didn't allowed Mr. Verma to speak & later created ruckus outside PCI, I myself had tried to save Mr. Verma & got him in his car, from those mens but suffered a push. Mr. Verma was seemingly perplexed by such situation. Even the police seemed to be called by those cheaters as their was no complaint/FIR against Mr. Roopesh there was no need by the police to be there & the police in actual pulled out Mr. Verma of his car & took him in jeep to Parliament PS instead of clearing the way of the car to go on move on the roads.
Later this ladies was pressurizing the investors to go to the PS & file complaint/FIR but when asked why don't they file complaint/FIR they moved away & it had come true their has been no complaint/FIR filed by them it was only a brother sister duo who were almost forced by the lawyers (who are now going to enjoy moolah by getting 10% from complainants) to file FIR BY 9.30 pm late in the evening. Those ladies & few men with them are not to be seen in any court hearing, police/eow stn. till today, only 2-3 bank staff comes regularly (I don't know what interests them may be their bank will get bad name if Mr. Verma is out). It is definitely a conspiracy againt sosn/Mr. Verma, we all should fight back & if Mr. Verma is ready to give us the money then we should not loose this opportunity at all.
Aug 13, 2020
Complaint marked as Resolved View replies
Link to see the news
http://www.mid-day.com/news/2010/mar/270310-Car-rental-Rupesh-Verma-fraud.htm
http://www.mid-day.com/news/2010/mar/270310-Car-rental-Rupesh-Verma-fraud.htm
sir. hum na 2009 ma Rs-115000 om sai company ma laga tha.pur hamara.2cheque he bouns ho gaya tha.plz hama batha jay.ke hamara pasya mela ga ke nahi..
I am totaly agree with Mr.Shah those women ang some person made you all fool ang created a drama may be somebody paid them money for that or they are making money they are smart and we are fool to listen to them if you peope are clever the understang now till there is a time to re correct our mistake wake up dont listen to others...
wake up...there is time...
wake up...there is time...
I am concerned about our money. I have invested in four of the schemes and Just wanted to know when soon can we start receiving our money back. As far as stories goes, if thats true then why there are no cases against them.
Maine dated25/09/2009 ko resorts scheem me 149000/- rs. ka investment sosn me kiya tha.nov2009 se maine koi bhi rupya nahi prapt kiya hai. sosn ke sab office dec.2009 se band hai .pata nahi hum logo ka rupya milega ya isi tarah log bevakoof banate rahenge. kyoki koi sahi bat nahi bata raha hai. isse fir/comp badhte jayenge taha sosn/roopesh verma ko bahar nikalne me badi dikkat hogi.
People should understand that companies with same profile like AIM limozines, AIM MOTORS can not operate now. Since such investments are against RBI norms & Shree Om Sai Nath Car on rent ltd is also closed for the same reasons.
Wish u all the best..I came to know that Metro Cruise is making settlements for the principle amount of the investors
Wish u all the best..I came to know that Metro Cruise is making settlements for the principle amount of the investors
Any company can operate without the permission of RBI till the time they do not denote amount received by them as deposit or investment, It is as per the latest meeting of SEBI, RBI & MCA.
Every company has the right to share its profit or can give compensation, contract rent and can act on the behalf of the investor based on the contract & agreement/MOU. Which was done by sosn & the business model does not have any fault in it unless & until the company commits fraud by swindling of funds with nexus with any body or siphon off the funds taken for some purpose to other activities not in agreement/contract. And there are many businesses which have a average return of 10-15% pm but an appropriate professional approach & investors centric agenda has to be followed to perform which as a single man operation by Mr. Verma was completely mismanaged in Sosn.
Hope the investors take over sosn & rerun it to the satisfaction of all.
Every company has the right to share its profit or can give compensation, contract rent and can act on the behalf of the investor based on the contract & agreement/MOU. Which was done by sosn & the business model does not have any fault in it unless & until the company commits fraud by swindling of funds with nexus with any body or siphon off the funds taken for some purpose to other activities not in agreement/contract. And there are many businesses which have a average return of 10-15% pm but an appropriate professional approach & investors centric agenda has to be followed to perform which as a single man operation by Mr. Verma was completely mismanaged in Sosn.
Hope the investors take over sosn & rerun it to the satisfaction of all.
I had made an investment in the said concern. I am an officer of the Indian Army. We have been protecting our national borders serving at an altitude of more than 3000 mt.above the msl and trying to save this hard earned money and to add to it we make investments or save the money with the banks where from the return is too low. After looking ito the lucrative offer of Om Sai Nath the hard earned money was invested but after 2 moths the flow of monthly return stopped abruptly. Therefore, I would request the Om Sai Nath administration to restore the blocked flow of return as perb the agreement
TO ALL MY INVESTOR FRIEND'S ACROSS INDIDIA,
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO FIND JUSTICE THROUGH SUPREME COURT VIA HIGH COURT.
LATEST INFORMATION OF COURT HEARING ON 7th JAN 2011
The Hon'ble Magistrate Mr. Amit Bansal Additional City Matropolian Magistrate Patiyala House Court at Newe Delhi has cancelled the bail of Mr. Amit Verma ( Chairman of SOSN) as he could not deposite the
amount which was 10 to 40 cores as ordered by Hon, ble Session Judge Mr. S.P.Garg. In my view it was good because if he had deposited the amount than this money is to be distributed amongst Delhi Investor Only & other investor across India remain kept on waiting waiting & waithing. So my dear friend, s dont waste the time and join hands to fight case in Supreme Court because the verdict given by Hon, ble Supreme court will be a binding on every court if India. Now its upto you?
R.K.NIGAM (m) [protected]
AS ON 13 SEPT 2010 THE HON'BLE SESSION JUDGE MR. S P GARG PATIYALA COURT NEW DELHI, HAS GRANTED CONDITIONAL BAIL TO MR. AMIT VERMA CHAIRMAN OF SOSN CO .TO DEPOSITE 10 TO 40 CR..MORE WITHIN 25 DAY'S SO THAT IT COULD BE DISTRIBUTED AMONG THE DELHI INVESTOR'S ONLY.
WILL IT BE A JUSTICE ON THE PART OF OTHER INVESTOR'S ACCROSS INDIA?. THE MONEY WHICH WILL BE DEPOSITED BY MR. AMIT VERMA BELONG'S TO ALL INVESTOR'S ACROSS INDIA THEN HOW IT CAN BE UTILIZED TO CLEAR THE DUES OF DELHI INVESTOR'S ONLY ?.
IN MY VIEW IT WILL BE A SHEER INJUSTICE . SO MY DEAR INVESTOR'S ACROSS INDIA THIS DECISION NEED'S TO BE CHALLENGED BEFORE HON'BLE HIGH COURT TO GET A STAY ORDER AGAINST THIS UNFAIR DISTRIBUTION OF MONEY PASSEWD BY HON'BLE SESSION JUDGE MR. SP GARG AT DELHI COURT.
NO TIME IS LEFT & IF STILL WE WILL WAIT THAN NOTHING WILL BE IN OUR HAND.
WHEN MR, RUPESH VERMA M.D AND HIS PREVIOUS ADVOCATE MR.DHARMENDRA ARYA HAS ADMITTED BEFORE THE COURT ON[protected] THAT THE BANK A/C, DOCUMENT'S, AND DATA FED IN COMPUTERS WAS RECOVERES BY POLICE AND EOW FROM HIS DELHI AND GURGAON OFFICE THAN WHY IT COULD NOT BE PRESENTED BEFORE THE COURT ? IT SHOW'S SOME MALAFIDE INTENSION.
IN MY VIEW AFTER GETTING THE TOTAL DATA OF ALL INVESTOR ACCROSS INDIA AND THE ASSET'S OF THE COMPANY SHOULD BE EVALUATED AND AFTER THAT A LAWFUL DECISION POLICY CAN BE DECIDED FOR ALL CRYING INVESTOR'S ACROSS INDIA.
SHRI ON SAI NATH CAR ON RENT AND HIS SISTEISR CONCERN'S IS A GROUP OF PUBLIC LTD. CO. NOT A SHOP WHICH IS ONLY CONFINED TO NEW DELHI ONLY? SO MY DEAR ALL INVESTOR'S AWOKE, ARISE AND DO NOT STOP TILL THE GOAL IS REACHED. REMEDY IS TO FIND JUSTICE THROUGH SUPREME COURT VIA HIGH COURT.
LATEST INFORMATION OF COURT HEARING ON 7th JAN 2011
The Hon'ble Magistrate Mr. Amit Bansal Additional City Matropolian Magistrate Patiyala House Court at Newe Delhi has cancelled the bail of Mr. Amit Verma ( Chairman of SOSN) as he could not deposite the
amount which was 10 to 40 cores as ordered by Hon, ble Session Judge Mr. S.P.Garg. In my view it was good because if he had deposited the amount than this money is to be distributed amongst Delhi Investor Only & other investor across India remain kept on waiting waiting & waithing. So my dear friend, s dont waste the time and join hands to fight case in Supreme Court because the verdict given by Hon, ble Supreme court will be a binding on every court if India. Now its upto you?
R.K.NIGAM (m) [protected]
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Resolved
Resolved
Claim Form for principal/invested amount or profit/compensation pm
Dear Investor Friend,
By now it is known to everyone that the police/eow is yet to submit any concrete evidence/proof of fraud in the court and is in dilemma to carry on with the investigation or dismiss the case altogether. Also when the court has directed the police/eow to get the list of investors the police/eow instead of getting the same & helping investors had asked people to file complaints through the proclamation in newspaper and added more complainants as evidence of cheating which had hampered investors interest & have delayed the release of money to the investors.
We have earlier mentioned that irrespective of any fraud if detected also and whether done by Mr. Verma or not our focus & demand to the authorities is to release our money frozen in various accounts of sosn at the earliest, though no fraud would give us more satisfaction & a longer return by sosn.
As no proper forum is made and investors are facing problem to be represented and raise their concerns & look forward to get their money released, we have initiated the process of making city wise investors group (may be turned into a proper forum in that city later) to help each other the work is on and we have received quite a support, but it is falling short of expectations so we request every investor to be a part of the same.
As mentioned earlier, one can add his/her name to the database of investors, the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details to [protected]@gmail.com for further planning & action.
We are also working on the Claim Form for principal/invested amount or profit/compensation pm to be presented to the authorities at an appropriate time for action. This claim form would be send to all investors listed and/or on our mailing list. Making of a list of investors would also be initiated by us once investors group in each sosn centre cities are active to even cover investors who does not have access to internet/other media.
Thanks
Sosn Investors Forum
By now it is known to everyone that the police/eow is yet to submit any concrete evidence/proof of fraud in the court and is in dilemma to carry on with the investigation or dismiss the case altogether. Also when the court has directed the police/eow to get the list of investors the police/eow instead of getting the same & helping investors had asked people to file complaints through the proclamation in newspaper and added more complainants as evidence of cheating which had hampered investors interest & have delayed the release of money to the investors.
We have earlier mentioned that irrespective of any fraud if detected also and whether done by Mr. Verma or not our focus & demand to the authorities is to release our money frozen in various accounts of sosn at the earliest, though no fraud would give us more satisfaction & a longer return by sosn.
As no proper forum is made and investors are facing problem to be represented and raise their concerns & look forward to get their money released, we have initiated the process of making city wise investors group (may be turned into a proper forum in that city later) to help each other the work is on and we have received quite a support, but it is falling short of expectations so we request every investor to be a part of the same.
As mentioned earlier, one can add his/her name to the database of investors, the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details to [protected]@gmail.com for further planning & action.
We are also working on the Claim Form for principal/invested amount or profit/compensation pm to be presented to the authorities at an appropriate time for action. This claim form would be send to all investors listed and/or on our mailing list. Making of a list of investors would also be initiated by us once investors group in each sosn centre cities are active to even cover investors who does not have access to internet/other media.
Thanks
Sosn Investors Forum
Aug 13, 2020
Complaint marked as Resolved View replies
anxiously waiting for claim form.regards
We all are willing to get monthly return as per agreement
1. (a) Name : Brij Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in car on rent Amount - Rs 133, 000/-
2. (a) Name : Gayatri Devi Shukla W/O Brij Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 170, 000/-
3. a) Name : Gayatri Devi Shukla W/O Brij Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 125, 000/- (on 10 Nov 09)
4. (a) Name : Gayatri Devi Shukla W/O Brij Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 125, 000/- (on 10 Nov 09 Total 2.5 Lacs
on same date of ser No 3&4)
6. (a) Name : Devendra Kumar Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 133, 000/-
7. (a) Name : Devendra Kumar Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 210, 000/-
8. (a) Name : Nirmala Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 125, 000/-
9. (a) Name : Rajesh Kumar Tiwari
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 133, 000/-
10. (a) Name : Bal Gavind Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Temp Lucknow Permt - Pratapgarh (UP)
(c) Email ID : balgshukla.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 133, 000/-
11. (a) Name : Malti Devi Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 125, 000/-
12. (a) Name : Arun Kumar Tiwari
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 125, 000/-
13. (a) Name : Babadin Pandey
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
14. (a) Name : Akhilesh Kumar Tiwari
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
15. (a) Name : Balendra Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
16 (a) Name : Narendra Kumar Singh
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
16. (a) Name : Manorama Devi
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
17. (a) Name : Harasu Prasad Mishra
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
18. (a) Name : Saroja Tripathi
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
19. (a) Name : Namdeo Sopan Nanware
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Sangali (MR)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
20. (a) Name : Raj Bahadur Singh
(b) City of Residence/Investment : Invested in Lucknow Branch
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 170, 000/-
21. (a) Name : Surya Narayan Mishra
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 170, 000/-
22. (a) Name : SK Singh
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Sultanpur (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 133, 000/-
23. (a) Name : RK Singh
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Sultanpur (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 133, 000/-
24. (a) Name : Jai Singh
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 133, 000/-
25. (a) Name : SK Mishra
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Lucknow (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 170, 000/-
26 (a) Name : Sudhir Kumar Yadav
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Lucknow (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
1. (a) Name : Brij Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in car on rent Amount - Rs 133, 000/-
2. (a) Name : Gayatri Devi Shukla W/O Brij Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 170, 000/-
3. a) Name : Gayatri Devi Shukla W/O Brij Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 125, 000/- (on 10 Nov 09)
4. (a) Name : Gayatri Devi Shukla W/O Brij Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 125, 000/- (on 10 Nov 09 Total 2.5 Lacs
on same date of ser No 3&4)
6. (a) Name : Devendra Kumar Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 133, 000/-
7. (a) Name : Devendra Kumar Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 210, 000/-
8. (a) Name : Nirmala Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]/[protected]
(e) Invested in resort Amount - Rs 125, 000/-
9. (a) Name : Rajesh Kumar Tiwari
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 133, 000/-
10. (a) Name : Bal Gavind Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Temp Lucknow Permt - Pratapgarh (UP)
(c) Email ID : balgshukla.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 133, 000/-
11. (a) Name : Malti Devi Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 125, 000/-
12. (a) Name : Arun Kumar Tiwari
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 125, 000/-
13. (a) Name : Babadin Pandey
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
14. (a) Name : Akhilesh Kumar Tiwari
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
15. (a) Name : Balendra Bhushan Shukla
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Pratapgarh (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
16 (a) Name : Narendra Kumar Singh
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
16. (a) Name : Manorama Devi
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
17. (a) Name : Harasu Prasad Mishra
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
18. (a) Name : Saroja Tripathi
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
19. (a) Name : Namdeo Sopan Nanware
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Sangali (MR)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
20. (a) Name : Raj Bahadur Singh
(b) City of Residence/Investment : Invested in Lucknow Branch
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 170, 000/-
21. (a) Name : Surya Narayan Mishra
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 170, 000/-
22. (a) Name : SK Singh
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Sultanpur (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 133, 000/-
23. (a) Name : RK Singh
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Sultanpur (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 133, 000/-
24. (a) Name : Jai Singh
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Allahabad (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 133, 000/-
25. (a) Name : SK Mishra
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Lucknow (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No : [protected]
(e) Invested in resort Amount - Rs 170, 000/-
26 (a) Name : Sudhir Kumar Yadav
(b) City of Residence/Investment : Invested in Lucknow Branch R/O
Lucknow (UP)
(c) Email ID : b.b.[protected]@gmail.com
(d) Telephone No :
(e) Invested in resort Amount - Rs 125, 000/-
Name: Durgesh Sudhakarrao lokhande
City of Residence/Investment : Invested in Nagpur Branch R/O
Nagpur (MH)
Email ID : [protected]@rediffmail.com
Telephone No : [protected]
Invested in resort Amount - Rs 125, 000/-
City of Residence/Investment : Invested in Nagpur Branch R/O
Nagpur (MH)
Email ID : [protected]@rediffmail.com
Telephone No : [protected]
Invested in resort Amount - Rs 125, 000/-
Name: Sudhakar Shriramji Lokhande
City of Residence/Investment : Invested in Pune Branch R/O
pune (MH)
Email ID : [protected]@rediffmail.com
Telephone No : [protected]
Invested in resort Amount - Rs 125, 000/-
City of Residence/Investment : Invested in Pune Branch R/O
pune (MH)
Email ID : [protected]@rediffmail.com
Telephone No : [protected]
Invested in resort Amount - Rs 125, 000/-
Name: Sudhakar Shriramji Lokhande
City of Residence/Investment : Invested in Pune Branch R/O
pune (MH)
Email ID : [protected]@rediffmail.com
Telephone No : [protected]
Invested in resort Amount - Rs 250000
City of Residence/Investment : Invested in Pune Branch R/O
pune (MH)
Email ID : [protected]@rediffmail.com
Telephone No : [protected]
Invested in resort Amount - Rs 250000
Name:- Nandkumar Kisan Bansode.
I am bunty:-[protected]
City of Investment/Reesidance:- Pune
E-mail id:- [protected]@yahoo.com
Invested amount:-1, 55000/-
I am bunty:-[protected]
City of Investment/Reesidance:- Pune
E-mail id:- [protected]@yahoo.com
Invested amount:-1, 55000/-
We all are willing to get monthly return as per agreement
1. (a) Name : Vijender Singh Kadian
(b) City of Residence/Investment : Residing in Delhi & Invested in Rewari Haryan
(c) Email ID : [protected]@yahoo.com
(d) Telephone No : [protected]
2. (a) Name : Sunita Devi
(b) City of Residence/Investment : Residing in Delhi & Invested in Rewari Haryan
(c) Email ID : [protected]@yahoo.com
(d) Telephone No : [protected]
1. (a) Name : Vijender Singh Kadian
(b) City of Residence/Investment : Residing in Delhi & Invested in Rewari Haryan
(c) Email ID : [protected]@yahoo.com
(d) Telephone No : [protected]
2. (a) Name : Sunita Devi
(b) City of Residence/Investment : Residing in Delhi & Invested in Rewari Haryan
(c) Email ID : [protected]@yahoo.com
(d) Telephone No : [protected]
Name : Chander Shekhar
City : Gurgaon
Email ID : [protected]@rediffmail.com
Telephone : [protected]
City : Gurgaon
Email ID : [protected]@rediffmail.com
Telephone : [protected]
Name:, Rajendra Kumar Nigam, Manjari Nigam, Isha Nigam, Aarsh Nigam, Arpita Saxena, Rajendra Nigam, Vinod Kumar Nigam, Smt. Chhaya Rani Srivastava. Vaibhav Srivastava. City: Lucknow E.Mail I.D. [protected]@g.mail.com mobile no.[protected] { Invested in Lucknow Branch } through the sosn agent Mr. Shobhit Adhauliya.
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Resolved
Resolved
Court hearing details 29th March 10
As the judge had heard 8 cases before the 9th case of Mr. Roopesh Verma could be heard he got tired & moreover it was 5 pm when the turn came & he discussed it fast & straight away gave 8th April 2010 as the next hearing date.
What transpired in between is that, police/eow has still not gave any evidence/proof of fraud & were seen discussing of the track that there is no fraud done by Mr. Roopesh Verma and are now not much eager to pursue it further either.
The Judge was also seen convinced, now based on the documents submitted in the court he knows that Mr. Verma has sufficient assets to repay everybody, but was of the view that all investors across India who have made complaints in any state/city for getting their money refunded should be made a collective application so once for all a decision/verdict/solution can be given to them. He was also appreciative of the statement by Mr. Roopesh Verma that he is ready to give every investors money as per the contract/agreement undertaken as refund & profit/compensation for rest of the 60 months period and will be running his company as per the normal operation as was earlier and also that he has 300 crores at his disposal for the same. The judge is also looking forward for a personal hearing with Mr. Roopesh Verma to fulfill his constitutional responsibility towards the legal system of our country.
The complainant’s lawyers are trying to get money even before the court pronounce verdict which was opposed by Mr. Arya. Mr. Arya has shown large nos. of affidavit of support/Declaration for support (which is still pouring in) to the Judge and is of the view that if no fraud is detected Mr. Verma should be released on bail based on such a large support by investors.
Mr. Arya also carried a cutting of Midday paper published in Mumbai (it was in Marathi) which is carrying the interview of Mr. Roopesh Verma wherein he has explained the events followed since November 2009 & has claimed he has 330 crores (latest calculation & assessment of the assets he has) which would be used to repay to all the investors. Mr. Arya would be submitting it as another document/statement given in public by Mr. Verma towards the genuine support towards investors cause.
Sosn Investors Forum view point:
Dear Investors Friend,
It was long back anticipated by the members of the forum (not made then & still it is virtual) that such situation will arise wherein investors of other state/cities after filing complaints will still have to wait & suffer as their complaints/FIRs will only result in inordinate delays. Now if the police/eow in Delhi is of the serious opinion that no fraud is committed and is yet to submit substantial & concrete evidence/proof for the same other then the no. of complaints only; the investor’s are still in doldrums. Even the police/eow is also helpless some sort of (they are doing their duty) & are in a catch 22 situation to go further or withdraw over. Based on complaints now it has secluded to only a case of IPC 420 cheating (no evidence/proof for IPC 406/409 & 120B has been made available till today) which also does not seem to stand its ground because complaints can be motivated and also to defame, bring loss to and/or might be because o[censored]lterior motives by the complainants (wherein the complainant’s could also be penalized).
Now the twist is the Judge view; that all investors across India who have made complaints in any state/city for getting their money refunded should be made in a collective application. We appreciate that, but who will do it, ideally it is Mr. Verma who should file a writ petition and centralize it either to Delhi or Mumbai but then the complainant’s from all other cities/states have to run around & on flimsy ground by various lawyers (a lawyer will earn 10 times what is due of the complainant’s claim – they have right to do so) the court will carry on giving dates as is happening in the eow cases running for last 10 years (source – eow website).
Other solution could be:
Every complainant (if they are serious to get their money back) along with the supporters of Sosn & all those who are still neutral should collectively make a Pan India Investors Forum & through an senior advocate give a presentation to the honourable Judge to discuss the matter face to face with Mr. Roopesh Verma under direct authority of the court & finalize a 5 point action plan that could be:
1. Refund of Principal/Invested amount after deduction/no deduction within a stipulated time period as agreed.
2. Payment to be started for profit (+ EMI)/compensation per month by a mutually agreed date, also if past dues can be given or the period extended by same.
3. Company is given full liberty to run it in normal operations, all offices de-sealed, Accounts de-froze, authority extended under court supervision for monitoring.
4. Company should be allowed to launch its applicable schemes if it so wishes because rotation of funds would be required for normal operations & smooth functioning and future growth of the company so every investor is benefited.
5. All the complainant’s after satisfying themselves on the refund of principal/ Invested amount and/or start of profit (+ EMI)/compensation per month would have to give a withdrawal of complaint letter/application to the appropriate authority & no pursuance of the same in near future.
Now it is upto the Investors to decide whether they are ready to tread on a path of thorns for long & wait endlessly to get their money back for coming 8-10 years or would like to give an opportunity to themselves to act & decide fast & through the court intervenes & directions get their money back as Mr. Roopesh Verma is ready to give money and have the assets for he same.
Wake up now & Act
[protected]@gmail.com
What transpired in between is that, police/eow has still not gave any evidence/proof of fraud & were seen discussing of the track that there is no fraud done by Mr. Roopesh Verma and are now not much eager to pursue it further either.
The Judge was also seen convinced, now based on the documents submitted in the court he knows that Mr. Verma has sufficient assets to repay everybody, but was of the view that all investors across India who have made complaints in any state/city for getting their money refunded should be made a collective application so once for all a decision/verdict/solution can be given to them. He was also appreciative of the statement by Mr. Roopesh Verma that he is ready to give every investors money as per the contract/agreement undertaken as refund & profit/compensation for rest of the 60 months period and will be running his company as per the normal operation as was earlier and also that he has 300 crores at his disposal for the same. The judge is also looking forward for a personal hearing with Mr. Roopesh Verma to fulfill his constitutional responsibility towards the legal system of our country.
The complainant’s lawyers are trying to get money even before the court pronounce verdict which was opposed by Mr. Arya. Mr. Arya has shown large nos. of affidavit of support/Declaration for support (which is still pouring in) to the Judge and is of the view that if no fraud is detected Mr. Verma should be released on bail based on such a large support by investors.
Mr. Arya also carried a cutting of Midday paper published in Mumbai (it was in Marathi) which is carrying the interview of Mr. Roopesh Verma wherein he has explained the events followed since November 2009 & has claimed he has 330 crores (latest calculation & assessment of the assets he has) which would be used to repay to all the investors. Mr. Arya would be submitting it as another document/statement given in public by Mr. Verma towards the genuine support towards investors cause.
Sosn Investors Forum view point:
Dear Investors Friend,
It was long back anticipated by the members of the forum (not made then & still it is virtual) that such situation will arise wherein investors of other state/cities after filing complaints will still have to wait & suffer as their complaints/FIRs will only result in inordinate delays. Now if the police/eow in Delhi is of the serious opinion that no fraud is committed and is yet to submit substantial & concrete evidence/proof for the same other then the no. of complaints only; the investor’s are still in doldrums. Even the police/eow is also helpless some sort of (they are doing their duty) & are in a catch 22 situation to go further or withdraw over. Based on complaints now it has secluded to only a case of IPC 420 cheating (no evidence/proof for IPC 406/409 & 120B has been made available till today) which also does not seem to stand its ground because complaints can be motivated and also to defame, bring loss to and/or might be because o[censored]lterior motives by the complainants (wherein the complainant’s could also be penalized).
Now the twist is the Judge view; that all investors across India who have made complaints in any state/city for getting their money refunded should be made in a collective application. We appreciate that, but who will do it, ideally it is Mr. Verma who should file a writ petition and centralize it either to Delhi or Mumbai but then the complainant’s from all other cities/states have to run around & on flimsy ground by various lawyers (a lawyer will earn 10 times what is due of the complainant’s claim – they have right to do so) the court will carry on giving dates as is happening in the eow cases running for last 10 years (source – eow website).
Other solution could be:
Every complainant (if they are serious to get their money back) along with the supporters of Sosn & all those who are still neutral should collectively make a Pan India Investors Forum & through an senior advocate give a presentation to the honourable Judge to discuss the matter face to face with Mr. Roopesh Verma under direct authority of the court & finalize a 5 point action plan that could be:
1. Refund of Principal/Invested amount after deduction/no deduction within a stipulated time period as agreed.
2. Payment to be started for profit (+ EMI)/compensation per month by a mutually agreed date, also if past dues can be given or the period extended by same.
3. Company is given full liberty to run it in normal operations, all offices de-sealed, Accounts de-froze, authority extended under court supervision for monitoring.
4. Company should be allowed to launch its applicable schemes if it so wishes because rotation of funds would be required for normal operations & smooth functioning and future growth of the company so every investor is benefited.
5. All the complainant’s after satisfying themselves on the refund of principal/ Invested amount and/or start of profit (+ EMI)/compensation per month would have to give a withdrawal of complaint letter/application to the appropriate authority & no pursuance of the same in near future.
Now it is upto the Investors to decide whether they are ready to tread on a path of thorns for long & wait endlessly to get their money back for coming 8-10 years or would like to give an opportunity to themselves to act & decide fast & through the court intervenes & directions get their money back as Mr. Roopesh Verma is ready to give money and have the assets for he same.
Wake up now & Act
[protected]@gmail.com
Aug 13, 2020
Complaint marked as Resolved View replies
Wish you all the best Mr Varma we have been waiting for your bail everything will be o k have faith on god...
I am bunty:- [protected]
Thanking you...
N.K.B.
I am bunty:- [protected]
Thanking you...
N.K.B.
Dear Investor Friend,
We are in the process of making database of investors in each sosn centre cities the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details for further planning & action.
Thanks
[protected]@gmail.com
We are in the process of making database of investors in each sosn centre cities the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details for further planning & action.
Thanks
[protected]@gmail.com
Wish you all the best Mr Varma we have been waiting for your bail everything will be o k have faith on god...
Name:- Nandkumar Kisan Bansode.
I am bunty:-[protected]
City of Investment/Reesidance:- Pune
E-mail id:- [protected]@yahoo.com
Thanking you..
N.K.B...
Name:- Nandkumar Kisan Bansode.
I am bunty:-[protected]
City of Investment/Reesidance:- Pune
E-mail id:- [protected]@yahoo.com
Thanking you..
N.K.B...
Please convey what we investor should do as we have database of investor(which is in progress) so that we can close the case on 8th itself and make the company running .Using the city wise database we should act collectively to roll back the cases that has been made against Mr.Verma.We shouldn't wait for judges decision but pressent the case which will bring release of Mr.verma.
It is investor who have invested in last 8 months I suppose who have made complaint ...Please suggest after consulting Mr.Arya and Mr.Verma a solution to close the case on 8th April
It is investor who have invested in last 8 months I suppose who have made complaint ...Please suggest after consulting Mr.Arya and Mr.Verma a solution to close the case on 8th April
i am waiting for mr. verma and i also appreciate his atitude to run his company again . i m from lucknow u.p. and i m only 25years old . i hav 2 plans of company (3,[protected], 633/-per month )&(1,[protected]/-per month). i know this is not the end of my life. if sosn will run i will again invest more money.
any update
0 minutes ago by rajendra kumar nigam [send email]
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
i am waiting for mr. verma and i also appreciate his atitude to run his company again . i m from Gurgaon and i m only 28years old . i hav 1 plans of company (1,[protected]/-per month). i know this is not the end of my life. if sosn will run i will again invest more money
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Resolved
Resolved
Be a part of the forum in your city
Dear Investor Friend,
We are in the process of making database of investors in each sosn centre cities the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details for further planning & action.
Thanks
[protected]@gmail.com
We are in the process of making database of investors in each sosn centre cities the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details for further planning & action.
Thanks
[protected]@gmail.com
Aug 13, 2020
Complaint marked as Resolved View replies
name arvind goyal
city new delhi
e mail [protected]@gmail.com
tel.[protected]
[protected]
[protected]
city new delhi
e mail [protected]@gmail.com
tel.[protected]
[protected]
[protected]
. Name:Maheswar Sinha Roy
2. City of Residence/Investment, Pune/Mumbai
3. Email ID [protected]@gmail.com
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).[protected]
2. City of Residence/Investment, Pune/Mumbai
3. Email ID [protected]@gmail.com
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).[protected]
Mohammad Ashraf Mansoori
investment city-delhi
present resident Dibiapur (U.P.)
email id.- [protected]@yahoo.co.in
Mob.[protected]
investment city-delhi
present resident Dibiapur (U.P.)
email id.- [protected]@yahoo.co.in
Mob.[protected]
my is kamal inverter in sosn, mere bhai logo i am inverter like u do not send me any information in my e-mail id please send ur detail this e-mail id : ([protected]@gmail.com) it is patiala house dharmender arya id...
. Name: HITESH PALIWAL
2. City of Residence/Investment, INDORE/INDORE
3. Email ID [protected]@YAHOO.IN
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).[protected]
2. City of Residence/Investment, INDORE/INDORE
3. Email ID [protected]@YAHOO.IN
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).[protected]
I am also an investor SOSN.My mobile no. is [protected]. I am from NEW DELHI
Dear Investor Friends, Please go through my latest comments which I displayed in the chapter that " Mr. Rupesh Verma got bail in Mumbai". R.K.Nigam {Lucknow} {m} [protected].
1. Name:Puneet srivastava
2. City of Residence/Investment, : lucknow
3. Email ID : [protected]@gmil.com
4. Telephone No: [protected]
2. City of Residence/Investment, : lucknow
3. Email ID : [protected]@gmil.com
4. Telephone No: [protected]
I am one of the investor of SOSN on the name of my Mrs. from Delhi. My email id is [protected]@yahoo.com and contact No. [protected]. Please tell me what is present development of SOSN and whether we are going to money back or not.
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Resolved
Resolved
Pune-Court hearing details 23 Mar 10
Next hearing date has been fixed for 6th April 2010 in Pune
In Mumbai it is 27th March 2010
The Honourable Judge gave Majesterial Custody to Roopesh Verma. The Honourable Judge suggested that because there are no recoverable properties belonging to SOSN & any of its directors in Pune, the Pune complaints should be clubbed with Mumbai.
Pune-Sosn Investors Forum has together have supported the cause of conditional bail of Mr. Roopesh Verma through their local Advocate & have met him, wherein Mr. Verma said he has sufficient money to pay each investor their invested/principal amount & still run company but as his all properties personal as well as official plus all accounts etc. has been sealed & froze he his helpless. Also as in case of our judicial system the accused is granted the status of guilty/offender by complainants, their lawyers & police, before been even pronounced the same now he is in shambles position & requesting the investors to get him bail. They are also trying to get in touch with lawyers of Mr. Roopesh Verma in different cities including Delhi Mr. Arya to centralize the case & get an early decision in investors favour. We support the same.
Sosn Investors Forum view point:-
Point & again we have reiterated that our main focus is the release of money to the investors and it is apathy of our system that irrespective of money/assets been available & most of the Investors support the cause of conditional bail (wherein the court appoints an observer/executor to pay/release money to investors) to the accused; we still are in doldrums by our own insane & hasty decision of adding more FIRs & complaints to police/eow, which are not yet able to prove fraud & is only jeopardizing our chances of getting back our hard earned money.
Even if the police/eow gives traces of fraud/cheating we are only bothered about our money to be given to us, which through the court decision is a complicated one & takes long. Our suggestion is to make Sosn Investors Forum in individual sosn state/cities & approach court through their own advocate to get the money released as Pune-Sosn Investors Forum has done & trying to have Mumbai-Sosn Investors Forum made.
Persons/Group/Forums those are interested to take lead from Sosn center cities & help investors cause towards early release of money may write to us to initiate the process of forming an Investors Forum in the applicable cities.
[protected]@gmail.com
In Mumbai it is 27th March 2010
The Honourable Judge gave Majesterial Custody to Roopesh Verma. The Honourable Judge suggested that because there are no recoverable properties belonging to SOSN & any of its directors in Pune, the Pune complaints should be clubbed with Mumbai.
Pune-Sosn Investors Forum has together have supported the cause of conditional bail of Mr. Roopesh Verma through their local Advocate & have met him, wherein Mr. Verma said he has sufficient money to pay each investor their invested/principal amount & still run company but as his all properties personal as well as official plus all accounts etc. has been sealed & froze he his helpless. Also as in case of our judicial system the accused is granted the status of guilty/offender by complainants, their lawyers & police, before been even pronounced the same now he is in shambles position & requesting the investors to get him bail. They are also trying to get in touch with lawyers of Mr. Roopesh Verma in different cities including Delhi Mr. Arya to centralize the case & get an early decision in investors favour. We support the same.
Sosn Investors Forum view point:-
Point & again we have reiterated that our main focus is the release of money to the investors and it is apathy of our system that irrespective of money/assets been available & most of the Investors support the cause of conditional bail (wherein the court appoints an observer/executor to pay/release money to investors) to the accused; we still are in doldrums by our own insane & hasty decision of adding more FIRs & complaints to police/eow, which are not yet able to prove fraud & is only jeopardizing our chances of getting back our hard earned money.
Even if the police/eow gives traces of fraud/cheating we are only bothered about our money to be given to us, which through the court decision is a complicated one & takes long. Our suggestion is to make Sosn Investors Forum in individual sosn state/cities & approach court through their own advocate to get the money released as Pune-Sosn Investors Forum has done & trying to have Mumbai-Sosn Investors Forum made.
Persons/Group/Forums those are interested to take lead from Sosn center cities & help investors cause towards early release of money may write to us to initiate the process of forming an Investors Forum in the applicable cities.
[protected]@gmail.com
Aug 13, 2020
Complaint marked as Resolved View replies
do we have to claim or do case or we have to support mr rupesh varma regarding the matter...please let us know...for the next step than we can go through this...I am an inversor from pune, , , , , , , , , , , , , , , , , , , , ,
I mean to say the person Mr Rupesh Varma is good in everything we have to behave nice there I am in a favour of everyone & more support to the investor because this is there hard earned money but if you see history cheater will never stay if he wants to cheat you.you won't even come to know he will pass through...
I am also an Investor I have invested 1.55 lakh in the sosn even I am worried about my money but you have to have patience to recovar our invested amount the thing is than.Mr Rupesh Varma also suffering because of his running business income has stopped and I wish the person who is investor should talk only because others decisign will not valid looser will be investor only so please use your own mind and don't listen to others I dont think so the company is fraud the they wish to cheat anyone o[censored]s ...
N.K.B.
Even I am wondaring about datta muke he ran away and never answer the call even his mobile is switched off but meny a times I have spoke with Mr Ajay regarding the matter and he is a hopefull person whatever it is he is in a touch with us and following the case ang give us infermations on time...
keep in touch...
I am also an Investor I have invested 1.55 lakh in the sosn even I am worried about my money but you have to have patience to recovar our invested amount the thing is than.Mr Rupesh Varma also suffering because of his running business income has stopped and I wish the person who is investor should talk only because others decisign will not valid looser will be investor only so please use your own mind and don't listen to others I dont think so the company is fraud the they wish to cheat anyone o[censored]s ...
N.K.B.
Even I am wondaring about datta muke he ran away and never answer the call even his mobile is switched off but meny a times I have spoke with Mr Ajay regarding the matter and he is a hopefull person whatever it is he is in a touch with us and following the case ang give us infermations on time...
keep in touch...
Dear Investor Friends,
Everything was okay till November 2009 so we shouldn't doubt the working of the company and its capability to pay back.We should see previous cases like this as we Investor shouldn't lose our hard earned money by some delay decisions by court, few angry investor(who are new ivestor), adavantage taken by police for complaints made by some unaware investors.I am getting return for last 2 years along with 10 of my friends.Now we should fight with our forum for early release and get back our returns .We should check the delay doesn't go beyond 5-8 April for release .
I request forum to check the Mr, Arya for release on 29th March itself and we investor should fight tooth and nail for his release.
Dear investor ---Please come toghether
Maheswar
[protected]
Everything was okay till November 2009 so we shouldn't doubt the working of the company and its capability to pay back.We should see previous cases like this as we Investor shouldn't lose our hard earned money by some delay decisions by court, few angry investor(who are new ivestor), adavantage taken by police for complaints made by some unaware investors.I am getting return for last 2 years along with 10 of my friends.Now we should fight with our forum for early release and get back our returns .We should check the delay doesn't go beyond 5-8 April for release .
I request forum to check the Mr, Arya for release on 29th March itself and we investor should fight tooth and nail for his release.
Dear investor ---Please come toghether
Maheswar
[protected]
Dear Sir
Please tell when we will get the refund back its too long period we are waiting for
some disicion to come .
Please help us to get back our hard earned money.
Regards
Santanu
Please tell when we will get the refund back its too long period we are waiting for
some disicion to come .
Please help us to get back our hard earned money.
Regards
Santanu
Dear Investor Friend,
We are in the process of making database of investors in each sosn centre cities the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details for further planning & action.
Thanks
[protected]@gmail.com
We are in the process of making database of investors in each sosn centre cities the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details for further planning & action.
Thanks
[protected]@gmail.com
I am an investor in sosn, I invest Rs 125000/- in Sep 2009. and received amount in 10th oct 09 and 10 nov 09. but in dec 2009 my cheques disonered by axis bank, Sir I want refund my hard money, Please guide me and I am with you as you want proceed for refund the money.
Thanking You,
K L Gautam
H No. 139A, Gali No. 3 Milk Plant Road, Bhatia Colony,
Ballabhgarh, Faridabad.
Mobile No. [protected] & [protected]
Mail ID [protected]@yahoo.co.in
Thanking You,
K L Gautam
H No. 139A, Gali No. 3 Milk Plant Road, Bhatia Colony,
Ballabhgarh, Faridabad.
Mobile No. [protected] & [protected]
Mail ID [protected]@yahoo.co.in
I am an investor in sosn, I invest Rs 125000/- in Sep 2009. and received amount in 10th oct 09 and 10 nov 09. but in dec 2009 my cheques disonered by axis bank, Sir I want refund my hard money, Please guide me and I am with you as you want proceed for refund the money.
Thanking You,
K L Gautam
H No. 139A, Gali No. 3 Milk Plant Road, Bhatia Colony,
Ballabhgarh, Faridabad.
Mobile No. [protected] & [protected]
Mail ID [protected]@yahoo.co.in
Thanking You,
K L Gautam
H No. 139A, Gali No. 3 Milk Plant Road, Bhatia Colony,
Ballabhgarh, Faridabad.
Mobile No. [protected] & [protected]
Mail ID [protected]@yahoo.co.in
I am an investor in SOSN. I have invested in four of the schemes and sent my details to the forum as well. I have not heard any thing regarding mumbai forum or list of the people in mumbai forum or regarding my details have been received or not.
I am very much concerned about our hard earned money. How we will get our money back and when.
If any one from the mumbai forum will sent me any details regarding latest updates please.
I am very much concerned about our hard earned money. How we will get our money back and when.
If any one from the mumbai forum will sent me any details regarding latest updates please.
I am an investor in sosn, I invest Rs 125000/- in Sep 2009. and received amount . but in dec 2009 my cheques disonered by axis bank, Sir I want refund my hard money, Please guide me and I am with you as you want proceed for refund the money.
Thanking You,
sunil kumar mahatm
C/o ultratech cement limited, 38 milestone, behrampur road, Appo Rico Auto ( Gurgaon)
Mobile No. [protected]
Email ID sunil.[protected]@gmail.com
Thanking You,
sunil kumar mahatm
C/o ultratech cement limited, 38 milestone, behrampur road, Appo Rico Auto ( Gurgaon)
Mobile No. [protected]
Email ID sunil.[protected]@gmail.com
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Resolved
Resolved
Inordinate delay
As per the details of 18/3/2010 Delhi court hearing & further extension to 29/03/2010 , this seems getting longer & longer, one state after another we will reach nowhere.As Bombay court also extends dates , other cities will follow same routine. This tareekh pe tareekh phenomenon will help no one.One should refrain from unnecessary filing of complaints & putting further obstacles in already jeopardised case. If nothing happens then a Satyam type formula could be a plausible wayout , otherwise be prepared to wait endlessly,hopelessly , frustratingly& fruitlessly ? Eternally.. Hope reason prevails over emotion ?
Aug 13, 2020
Complaint marked as Resolved View replies
Mr. Dharmendra Arya ji aap kya kar rahe hain, apne sabhi se affidavit/declaration to leliyen hain. lekin aap kuch khas nahi kar pa rahe hain, aur jo invester apse milne apke office jaten hain unse aap sahi se baat nahi karte aur yeh kehkar bhaga dete hain ki ye SOSN ka office nahi hai. Arya ji itna ghamand achchha nahi, agar app case nahi lad sakte hain to chhod dijiye kyon time waste kar rahe hain.
Md.Ashraf
Md.Ashraf
Dear Investor Friend,
We are in the process of making database of investors in each sosn centre cities the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details for further planning & action.
Thanks
[protected]@gmail.com
We are in the process of making database of investors in each sosn centre cities the data will contain
1. Name
2. City of Residence/Investment,
3. Email ID
4. Telephone No.(If one does not want to give telephone no. their is no compulsion).
This details will be circulated among other investors all across India for a free & fair interaction by emails or by telephone, if no. is given to share the information o[censored]se & then if investors decide they can move forward to make a forum for further action & decision at their end.
We would only be able to act as a mentor as of now but very soon we will take the appropriate action in the favour of the investors cause.
If you would like to be apart of the forum in your city, do send the above details for further planning & action.
Thanks
[protected]@gmail.com
What is a Ponzi scheme?
A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors and to use for personal expenses, instead of engaging in any legitimate investment activity.
Why do Ponzi schemes collapse?
With little or no legitimate earnings, the schemes require a consistent flow of money from new investors to continue. Ponzi schemes tend to collapse when it becomes difficult to recruit new investors or when a large number of investors ask to cash out.
How did Ponzi schemes get their name?
The schemes are named after Charles Ponzi, who duped thousands of New England residents into investing in a postage stamp speculation scheme back in the 1920s. At a time when the annual interest rate for bank accounts was five percent, Ponzi promised investors that he could provide a 50% return in just 90 days. Ponzi initially bought a small number of international mail coupons in support of his scheme, but quickly switched to using incoming funds to pay off earlier investors.
Does the SEC investigate Ponzi schemes?
The SEC investigates and prosecutes many Ponzi scheme cases each year both to prevent new victims from being harmed and to maximize the recovery of assets to investors. The majority of such cases are brought as emergency actions, which often seek a temporary restraining order and an asset freeze.
During 2009, the SEC filed 60 enforcement actions involving Ponzi schemes or Ponzi-like payments, including charging Robert Allen Stanford and his companies with allegedly conducting an $8 billion Ponzi scheme.
A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors and to use for personal expenses, instead of engaging in any legitimate investment activity.
Why do Ponzi schemes collapse?
With little or no legitimate earnings, the schemes require a consistent flow of money from new investors to continue. Ponzi schemes tend to collapse when it becomes difficult to recruit new investors or when a large number of investors ask to cash out.
How did Ponzi schemes get their name?
The schemes are named after Charles Ponzi, who duped thousands of New England residents into investing in a postage stamp speculation scheme back in the 1920s. At a time when the annual interest rate for bank accounts was five percent, Ponzi promised investors that he could provide a 50% return in just 90 days. Ponzi initially bought a small number of international mail coupons in support of his scheme, but quickly switched to using incoming funds to pay off earlier investors.
Does the SEC investigate Ponzi schemes?
The SEC investigates and prosecutes many Ponzi scheme cases each year both to prevent new victims from being harmed and to maximize the recovery of assets to investors. The majority of such cases are brought as emergency actions, which often seek a temporary restraining order and an asset freeze.
During 2009, the SEC filed 60 enforcement actions involving Ponzi schemes or Ponzi-like payments, including charging Robert Allen Stanford and his companies with allegedly conducting an $8 billion Ponzi scheme.
kya mr varama ka msg direct nahi mil sakata kisi na kisi ke dvara bheja ja raha ham investars ko bekuf banane ke lia
hame bharosa hia mr varama par. mr varam pleasre give you msg for invester not other person .
hame bharosa hia mr varama par. mr varam pleasre give you msg for invester not other person .
Mr.varma . please give tha msg of your own side .sreesai resort please understand investers problam .what hapening there we people dont no but please you say somthing not your advocate or other people .whats your plan yes or no ?thats it i want your reply.
Dear ALL
SREE OMSAINATH ----- closed forever - plz forget ur money n get back to your life ---- City lim yescube aurum naik venture the list goes on n on n on - no one have got any money apart from polimen n poloticians
SREE OMSAINATH ----- closed forever - plz forget ur money n get back to your life ---- City lim yescube aurum naik venture the list goes on n on n on - no one have got any money apart from polimen n poloticians
Dear Investors Friends, Pl. go through my latest comments in the chapter that " Mr. Rupesh Verma got bail in Mumbai" R.K.Nigam {Lucknow} {m} [protected].
0 minutes ago by rajendra kumar nigam [send email]
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
R.K.Nigam ( m) [protected]
13 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 7th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Wed, 8 September, 2010 10:31:59 PM
Subject: Court hearing details 7th September 10
Dear Investor Friends,
We are thankful to Mr. Anil for providing info on the court hearing held on 7th September 10. Further to add a settlement formula has been made by the complainants & Mr. Rv lawyers which as per the committee to be formed under the Chairmanship of a Retired Judge Justice Chopra will receive the suggestions & objections to the settlement procedure of distributing balance amount of principal amount amongst the Investors. As mentioned the Committee will comprise of lawyers (both parties) Representatives from SOSN, EOW and elected representative from the Investors Forum (If any).
The only lacuna is that in the absence of any elected representative from Investors Forum (which is not formed any where in the country, if any we are not aware) will certainly going to harm the interest of investors at large. We are also susceptible of non-investors and even persons with vested interest taking the advantage of the same & harming the interest of genuine investors.
As there was a request by the complainant's lawyers to cater to the need of their clients first but not accepted by the judge will again try to press their demands in the committee (which they are going to be members of). We request eminent personalities from varied facade of society having good standing & if have invested amount in SOSN to come forward & take the challenge of getting a true and empathetic settlement & justice to the affected investors brother n.
The court does not have any reservations to Mr. Rv running the company after getting bail & taking investors into confidence as there was no cheating, embezzlement of funds and criminal conspiracy on the part of Mr. Rv & co. only some overzealous investors with the connivance of some lawyers has got him arrested & rest is history. Mr. Rv & team is also of the same opinion as everything was very much legal & as per the law of the land.
Mr. Rv is expected to get bail within the next one to two hearings following the formation of the committee & execution of the settlement procedure. Nexthearing is on 9th September 2010.
Sosn Investors Forum
11 minutes ago by rajendra kumar nigam [send email]
Fw: Court hearing details 9th September 10
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Fri, 10 September, 2010 11:27:43 PM
Subject: Court hearing details 9th September 10
We are thankful to our Investor Members like Mr. Anil & Mr. Manoj who have taken up the cause of providing details of the hearing of sosn case & are also trying to support investors to form a group to help Investors across India.
First the details of the hearing; as the time given was 2.30 pm most of the investors, I.O., Mr. Rvs & Mr. Av lawyers were outside the court room discussing modalities of getting bail to Mr. Rv & exercising restrain on the onslaught by some of the complainant’s lawyers.
Finding it an opportunity, some of the complainant’s lawyers presented their case first in the court without waiting for rest to join & openly challenged the chances of Mr. Rv getting bail on the ground of ready to pay the amount available with the court to the investors & not to their clients first also they started objecting to the MOU made wherein Retd. Judge Mr. RC Chopra would head the committee & not finding their names as committee members.
Mean while rest of the complainant’s lawyers joined & they started fighting among themselves who should get the amount first by becoming the member of the committee based on nos. of clients they represent and to divert the attention from the merit of the arguments of bail & instead they even claimed the session court does not have authority/jurisdiction to appoint/direct the Retd. Judge Mr. Chopra to head the committee & report to court on the progress time & on.
By then the lawyers Mr. Rv & Mr. Av Mr. Ramesh Gupta, Mr. JS Chowdhary & Mr. Aman Sareen joined but as most of the damages were done they were not able to persuade Judge Mr. Garg to grant interim bail as even some complainant’s lawyers claimed that Mr. Rv will run off & all the amount confiscated by the court will get forfeited till Mr. Rv is rearrested no point giving him bail now.
The Judge finding it tough on many issues kept his judgment on bail reserved till the issue of forming the committee & repayment of amount to the investors start & transferred the case back to the trial court for the same though suggesting that he will recommend the lower court to bypass earlier objections it had & look the same in a fresh & positive manner.
The next hearing date is 13th September 10 & will be in the lower court at 2 pm.
Sosn Investors Forum
Disclaimer. Sosn Investor Forum is only extending an voluntary service in the interest of investors and irrespective of all efforts been made to provide authentic; true and correct information; cannot guarantee the same nor does it provide any professional; legal; financial advice. It is individuals and readers own prerogative to Interpret & understand at their own level.
9 minutes ago by rajendra kumar nigam [send email]
Fw: Members support for representation
From:
Rajendra Nigam <[protected]@yahoo.in>
View Contact
To: [protected]@gmail.com
----- Forwarded Message ----
From: Investor Forum <[protected]@gmail.com>
To: Investor Forum <[protected]@gmail.com>
Sent: Sun, 12 September, 2010 5:15:06 PM
Subject: Members support for representation
We have received this Email from our investor member:
My dear all Investor's,
WHY RS. 15 CRORES should be used to clear the dues of Delhi Investor's only. It will be a sheer injustice with other investor across India. Why the sosn company is not putting the detail's of all the investor's across India before the Hon'ble court. In my view the total balance invested money of the investor's across India should be calculated, then the asset's and cash with the co. After then it can be decided by the court that what should be the way to protect's / return the fund's invested by the crying investor's throughout India, and if this thing is not taken into consideration then it will be a blot in the name of justice. So it's my request to all investor's across India that in every city where the sosn co. was running his business one DEDICATED PERSON should come forward along with the data of the Investor's of his city. In this way the total balance INVESTED MONEY can be calculated. So be hurry and don't waste the time till then from every city a request should be forwarded by the POLICE/EOW to the Delhi Court before Hon'ble Judge Mr. S.P.GARG not to grant any bail .
R.K.Nigam ( Lucknow) (m) [protected]
We support the above mentioned statement & request everybody across sosn centre city/state to select representatives to lead them bring justice to the cause of the investors.
Those who are interested may send an email to us so the same can be circulated among investors & an Investors Forum can be formed.
Sosn Investors Forum
Hi,
Please let me know the status of sosn in cases registered in Mumbai High court. I am sosn investor in Pune.
Waiting for your inputs.
With Regards,
Subhankar. Pune
Please let me know the status of sosn in cases registered in Mumbai High court. I am sosn investor in Pune.
Waiting for your inputs.
With Regards,
Subhankar. Pune
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Resolved
Resolved
Court hearing details 18th March 10
Our stand vindicated – Fraud yet to be proved
Today as per the charge sheet presented by police/eow specifying details of allegations of cheating IPC 420, Breach of Trust 406, Breach of trust by a government servant 409 & criminal conspiracy 120B had submitted the 2500 complaints filed by Investors as evidence of cheating (though complaints are no evidence) with almost No evidence/proof of Fraud & misappropriation of funds, claiming about 20-22 crores rupees as dues (as per vague information the calculation for every complainant, whether one was a member from Jan 2007 or in Dec 09 was made on the invested amount + profit/compensation + EMI for the entire period of 60 months i.e. Rs.125000/- + 8040 * 60 = Rs.607400/- as claimed amount).
The police/eow also stated that in Delhi/NCR SOSN has 2 hotels and resorts whose value is 50-60 crores, 2 Flats, Own offices & properties across India, good nos. of vehicle (163 in Delhi alone, 450 in Mumbai and also in other cities) 20 crores of Rupees in cash/bank account. The police/eow said that the process is yet to be completed & is still on to find out other properties, cash, bank balances, vehicles etc from other eow offices across India even after getting the copy of balance sheet, P/L A/c from the court they still on work.
Mr. Arya tried for the bail plea (Mr. Verma was not present as he is still in Mumbai) but the Judge gave 29th March 10 as next hearing date as he was perplexed by the apathy of police/eow seeing the charge sheet with almost no evidence/proof of fraud did not heard the bail plea. The Judge also kept a copy of charge sheet for himself, gave a copy to Mr. Dharmendar Arya to study & asked to present his views on 29th March 2010. The lawyers of complainants were also dumbfounded and didn’t utter any thing other then the demand for the complainants money in huge proportions (as mentioned above 20-22 crores -10% of it is big amount).
As per media report sosn has 21000 investors across India based on no. of applications; it means if an application is made of average of Rs.150000/- multiplied by 21000 = 315 crores and SOSN has assets worth 300 crores as per B/S & 10-12 crores monthly income as per P/L A/c then there is no need to panic because almost 40-50% of investors must have received their invested amount back & if had made any complaint then cannot make claim as the court had already made a view on it. Other complainants who have invested in last one year will get their dues – what they have already received i.e. if 150 cr is used for that then those who have submitted AOS/DFS stands a good chance, still 150 crores can be utilized for giving regular returns/profit/compensation to investors.
Sosn Investor Forum view:
Why is there no clear picture given by police/eow other then just indication of cheating IPC 420, Breach of Trust 406, Breach of trust by a government servant 409 & criminal conspiracy 120B by Roopesh Verma in the charge sheet & the no. of complaints are the only basis for the same. Does complaints/FIR against someone make him guilty whether Yes or No, why the investors are made to suffer for the same?
As the no of complaint/FIR are increasing by leaps & bounds due to panic, ignorance of law/judicial system, no information by sosn staff, fleeced by police, lawyers, peer pressure, campaign etc. the investors are clueless & direction less but the complaint/FIR are only going to complicate the matter further. Seeing Mr. Verma face to face in court/jail will not solve our problem but delay the release of investor’s money.
What we understand from above observation is that the complainants & lawyers had made a hasty decision of filing FIR & had blocked the lifeline of earning for rest of the investors. Most suffered are Sr. Citizens, Loaned, Poor & downtrodden who must have deposited each penny of their life saving, persons who planned studies of their children, marriage of daughters/son etc., Police/eow would not help anyone they are only interested in carrying on the investigation for years (case of 1999 is still on source-eow website). Even claimed figure is hypothetical & exaggerated as per e.g. of calculation given it might come down to 5-6 crore only. Our main focus has been that the company should start its operation as directed by court & under the observer appointed by it with or without Mr. Verma but with members of Investor Forum of individual cities sosn centres!
If Not then we all Investors across India has to come together and form a pan India Sosn Investors Forum duly registered (can be a trust/society) and press upon government/court for taking over the management of sosn as was done by govt. for satyam, now bought by Mahindra tech even when Mr. Raju is denied bail.
The Sosn Investors Forum Management with the help of government should work out the solution of repayment of dues to the investors & rerunning of the same as there is good income coming from Hotel/Resort, Car rentals & allied activities in crores which can be used
Unfortunately or fortunately we are yet to know whether Mr. Verma is innocent or planned a fraud as we had mentioned neither we support Mr. Roopesh Verma nor we are against him, and also we don't want to jump to any conclusion.
As per information from Pune Mr. Verma had calculated his dues to all the investors, which he says is only 50 crores, if it is so all investors who have made complaints, who have not made complaint or have not submitted AOS/DFS are the looser as they will be out of the gambit. Now whether sending AOS/DFS will help or not no body knows.
Now even after winning the battle we may loose our regular monthly income, if Mr. Verma returns every investor’s dues.
[protected]@gmail.com
Today as per the charge sheet presented by police/eow specifying details of allegations of cheating IPC 420, Breach of Trust 406, Breach of trust by a government servant 409 & criminal conspiracy 120B had submitted the 2500 complaints filed by Investors as evidence of cheating (though complaints are no evidence) with almost No evidence/proof of Fraud & misappropriation of funds, claiming about 20-22 crores rupees as dues (as per vague information the calculation for every complainant, whether one was a member from Jan 2007 or in Dec 09 was made on the invested amount + profit/compensation + EMI for the entire period of 60 months i.e. Rs.125000/- + 8040 * 60 = Rs.607400/- as claimed amount).
The police/eow also stated that in Delhi/NCR SOSN has 2 hotels and resorts whose value is 50-60 crores, 2 Flats, Own offices & properties across India, good nos. of vehicle (163 in Delhi alone, 450 in Mumbai and also in other cities) 20 crores of Rupees in cash/bank account. The police/eow said that the process is yet to be completed & is still on to find out other properties, cash, bank balances, vehicles etc from other eow offices across India even after getting the copy of balance sheet, P/L A/c from the court they still on work.
Mr. Arya tried for the bail plea (Mr. Verma was not present as he is still in Mumbai) but the Judge gave 29th March 10 as next hearing date as he was perplexed by the apathy of police/eow seeing the charge sheet with almost no evidence/proof of fraud did not heard the bail plea. The Judge also kept a copy of charge sheet for himself, gave a copy to Mr. Dharmendar Arya to study & asked to present his views on 29th March 2010. The lawyers of complainants were also dumbfounded and didn’t utter any thing other then the demand for the complainants money in huge proportions (as mentioned above 20-22 crores -10% of it is big amount).
As per media report sosn has 21000 investors across India based on no. of applications; it means if an application is made of average of Rs.150000/- multiplied by 21000 = 315 crores and SOSN has assets worth 300 crores as per B/S & 10-12 crores monthly income as per P/L A/c then there is no need to panic because almost 40-50% of investors must have received their invested amount back & if had made any complaint then cannot make claim as the court had already made a view on it. Other complainants who have invested in last one year will get their dues – what they have already received i.e. if 150 cr is used for that then those who have submitted AOS/DFS stands a good chance, still 150 crores can be utilized for giving regular returns/profit/compensation to investors.
Sosn Investor Forum view:
Why is there no clear picture given by police/eow other then just indication of cheating IPC 420, Breach of Trust 406, Breach of trust by a government servant 409 & criminal conspiracy 120B by Roopesh Verma in the charge sheet & the no. of complaints are the only basis for the same. Does complaints/FIR against someone make him guilty whether Yes or No, why the investors are made to suffer for the same?
As the no of complaint/FIR are increasing by leaps & bounds due to panic, ignorance of law/judicial system, no information by sosn staff, fleeced by police, lawyers, peer pressure, campaign etc. the investors are clueless & direction less but the complaint/FIR are only going to complicate the matter further. Seeing Mr. Verma face to face in court/jail will not solve our problem but delay the release of investor’s money.
What we understand from above observation is that the complainants & lawyers had made a hasty decision of filing FIR & had blocked the lifeline of earning for rest of the investors. Most suffered are Sr. Citizens, Loaned, Poor & downtrodden who must have deposited each penny of their life saving, persons who planned studies of their children, marriage of daughters/son etc., Police/eow would not help anyone they are only interested in carrying on the investigation for years (case of 1999 is still on source-eow website). Even claimed figure is hypothetical & exaggerated as per e.g. of calculation given it might come down to 5-6 crore only. Our main focus has been that the company should start its operation as directed by court & under the observer appointed by it with or without Mr. Verma but with members of Investor Forum of individual cities sosn centres!
If Not then we all Investors across India has to come together and form a pan India Sosn Investors Forum duly registered (can be a trust/society) and press upon government/court for taking over the management of sosn as was done by govt. for satyam, now bought by Mahindra tech even when Mr. Raju is denied bail.
The Sosn Investors Forum Management with the help of government should work out the solution of repayment of dues to the investors & rerunning of the same as there is good income coming from Hotel/Resort, Car rentals & allied activities in crores which can be used
Unfortunately or fortunately we are yet to know whether Mr. Verma is innocent or planned a fraud as we had mentioned neither we support Mr. Roopesh Verma nor we are against him, and also we don't want to jump to any conclusion.
As per information from Pune Mr. Verma had calculated his dues to all the investors, which he says is only 50 crores, if it is so all investors who have made complaints, who have not made complaint or have not submitted AOS/DFS are the looser as they will be out of the gambit. Now whether sending AOS/DFS will help or not no body knows.
Now even after winning the battle we may loose our regular monthly income, if Mr. Verma returns every investor’s dues.
[protected]@gmail.com
Aug 13, 2020
Complaint marked as Resolved View replies
I am agreeing with your comments. However, I want to know how we can open a Forum and pursue the case in favour of Roopesh Verma in Hirgher Court (HC/SC).
We arrange meeting for all of the members who are in favour of Roopes and go for a Forum.
We arrange meeting for all of the members who are in favour of Roopes and go for a Forum.
we are with you .and we are wishing that u will win the battle . and u will start company once again.
Hello every body, i am from Pune and due to some official work i went to Delhi, and thought of meeting Advo. Mr . Dharmendra arya. So today i personali mate him and had a word with him regarding the current scenario . He told me that Mr. Rupesh verma is ready to pay the investors amount but the judge is behind investigating the assets of Mr rupesh verma. he also told me that he will definitely help the investors in getting their amount. also he said that there are more than 2500 declaration form already submitted to his office and everyday or the other someone is sending . so some action will be definitely be taken through the declaration forms. So guys wate for some more weeks...!
Sonale
Sonale
Thanks Sonale for the update And we should look for early release as all inverstor are with MR.verma
Please share your Mobile no so that we can discuss the meeting update
Maheswar
[protected]
Please share your Mobile no so that we can discuss the meeting update
Maheswar
[protected]
JA….GO…… INVESTORS JA…..GO…..
Bahot ho chuki ………. TARIKH - PE - TARIKH.
Sirf Time Pass Karake logon ke saath khel rahe hai SOSN ke members .
Dear All Investors,
SOSN ke court case ke anusar sirf Tarikh - pe- Tarikh girati ja rahi hai, har time yehi kaha jata hai ki Mr.Roopesh Verma ko jab Bail milege to sabko paise vapas mil jayenge, SOSN ka business phirse start ho jayega etc, lekin jara seriously sochooooo…….
Agar SOSN ka Bangalore branch ke manager LATHA MURLI apane clients ke sath touch me reh kar case ki har baat ka update deti hai to baki sab SOSN ke branch manager kaha chupkar baithe hai? Voh sab BM. apane- apane clients ke saath contact me kyo nahi hai ? Sirf Bangalore ke BM – Latha Murli hi bina dare ( Bindhast ) apne clients ke saath touch me hai, aisa kyo?
Kya baki sab BM ne milkar apane – apane city ke clients ke paiso ka koi LOCHA to nahi kiya ? Mr. Roopesh Verma to kehate hai ki maine koi FRUAD nahi kiya muje to fasaya gaya hai, to kya sab BM ne milakar FRUAD kiya hai? Jo sab BM FARAR ho gaye hai. Sach me fraud hua hai to kya hua hai, kisi ko malum hai? Ya ye sab ek WELL PRE-PLANED GAME HAI sab logo ko ullu ka? Jab 10 Dec, 2009 ke Cheques bounced huye thye to sirf itana bataya gaya tha ki SOSN ke Bangalore branch ke Axis Bank me duplicate cheques issue karake payment kiya gaya hai isliye aagese cheques se payment na hokar ECS dwara Payement kiya jayega, agar sach me aisa hua hai to Axis Bank aur SOSN ( Bangalore Br) ke bich me case stand hona chahiye tha, baki sab branches to open rakhakar ECS dwara payment chalu rehana chahiye tha, lekin yaha to sab branches band kar ke sab BM aur unka staff FARAR ho gaye hai, kisi ko contact karane ki koshish ki to sab Mobile switch off, Aisa Kyon?
SOSN Pune ke Kothrud branch ke Manager - JANAB
Mr.Dattatraya Shantaram Muke Sa…ha….b…, Ka..ha.. FARAR ho Gaye ho Aa…pp.
Axis Bank, kothrud branch me SOSN Co. ka A/c. No. [protected] pe authorized signature khud Mr.Datta Muke karte hai, Client se liye gaye cheques / Cash isi A/c me deposit kiye jate thye aur har ek Pune clients ko isi A/c me se Interest ke Monthly Cheques diye jate thye, yane ke is A/c ka whole & sole operation Mr.Datta Muke Karte Hai. He is a Responsible person for that A/c. Agar SOSN Pune Br. ka pura business Mr. Datta Muke dekhate hai usi taraha har ek city ka business respective Br. Manager dekhata honga aur agar Bangalore Br. ke B.M. LATHA MURLI apne city ke clients ko handle kar sakate hai to baki sab Br.Managers apane- apane clients ko kyon nahi handle kar rahe hai ? Kahi aisa to nahi ki in sab Br.Managers ne Milakar kuch bada ZOL kiya hai ? Kyon ki Mr. Datta Muke sahab ne apne gaon ka ghar ( Poona se 35 KM, Chakan se aage, Shiroli Phata se andar 30 KM :- at-Satkarwadi –Supe, Post – Amboli, Tal – Khed, Dist – Pune ) kafi acchi taraha se construction kiya hai (it’s just like a 2500 – 3000 sq.fit bunglow ) aur abhi bhi kaam chalu hai, hamare khayal se kisi bhi Br.Manager ki Salary itani nahi hoti ki voh 2-3 saal me apane gaon me ek accha sa bunglow khada kar sake. Ek Sawal phir bhi mann me aata hai ki agar in sab logo ne ( All BMs) kuch Locha / Zol / FRUAD nahi kiya hai to ye sab logo ke samane aane se kyon darate hai, kyon chupkar baithe hai salye ? Sahi baat kya hai aur sach kya hai, samane aakar ye kyon nahi sabko batate?
Agar Koi Fruad Nahi Kiya Hai To Phir Darr Kis Baat Ka.
Kaha hai SOSN Pune ke Kothrud branch ke BM Mr.Datta Shantaram Muke aur unka pura office Staff :-
1) Mrs. Minakshi Ingale - Sales Executive.
2) Mrs. Smita Pujari - Sales Executive.
3) Mr. Kshirsagar - Sales Executive.
4) Mr. Anuj - Sales Executive.
Dear all Investors,
Abhi kuch Karane ka samay aa gaya hai ………………
Agar Phal (Apane paise ) Chahiye to sirf Ped ka Jad (Mr.Roopesh Verma ) ko pakadkar kuch nahi hone wala Ped ki shakhao ( Other - Directors, Br.Managers & Staff members ) ko Pakado to Sach kya baat hai voh apane –aap pata chalegi, kyon ki har monthly interest ke cheques par Br.Manager signature karta tha na ki Mr.Roopesh Verma. Respective Branch Managers are the responsible person for all that. Agar apane – apane area ke BM haat me aate hai to asali baat pata chal jayegi agar aisa nahi hua to phir sirf Tarikh –pe-Tarikh, Tarikh -pe – Tarikh girati rahegi, output / result kuch nahi aur samane aa jayegi phir …………………………...⇄ EK TARIKH.
HEH EK WELL PRE – PLANNED GAME HAI PUBLIC KO CHU…………. BANANE KA. !
Bahot ho chuki ………. TARIKH - PE - TARIKH.
Sirf Time Pass Karake logon ke saath khel rahe hai SOSN ke members .
Dear All Investors,
SOSN ke court case ke anusar sirf Tarikh - pe- Tarikh girati ja rahi hai, har time yehi kaha jata hai ki Mr.Roopesh Verma ko jab Bail milege to sabko paise vapas mil jayenge, SOSN ka business phirse start ho jayega etc, lekin jara seriously sochooooo…….
Agar SOSN ka Bangalore branch ke manager LATHA MURLI apane clients ke sath touch me reh kar case ki har baat ka update deti hai to baki sab SOSN ke branch manager kaha chupkar baithe hai? Voh sab BM. apane- apane clients ke saath contact me kyo nahi hai ? Sirf Bangalore ke BM – Latha Murli hi bina dare ( Bindhast ) apne clients ke saath touch me hai, aisa kyo?
Kya baki sab BM ne milkar apane – apane city ke clients ke paiso ka koi LOCHA to nahi kiya ? Mr. Roopesh Verma to kehate hai ki maine koi FRUAD nahi kiya muje to fasaya gaya hai, to kya sab BM ne milakar FRUAD kiya hai? Jo sab BM FARAR ho gaye hai. Sach me fraud hua hai to kya hua hai, kisi ko malum hai? Ya ye sab ek WELL PRE-PLANED GAME HAI sab logo ko ullu ka? Jab 10 Dec, 2009 ke Cheques bounced huye thye to sirf itana bataya gaya tha ki SOSN ke Bangalore branch ke Axis Bank me duplicate cheques issue karake payment kiya gaya hai isliye aagese cheques se payment na hokar ECS dwara Payement kiya jayega, agar sach me aisa hua hai to Axis Bank aur SOSN ( Bangalore Br) ke bich me case stand hona chahiye tha, baki sab branches to open rakhakar ECS dwara payment chalu rehana chahiye tha, lekin yaha to sab branches band kar ke sab BM aur unka staff FARAR ho gaye hai, kisi ko contact karane ki koshish ki to sab Mobile switch off, Aisa Kyon?
SOSN Pune ke Kothrud branch ke Manager - JANAB
Mr.Dattatraya Shantaram Muke Sa…ha….b…, Ka..ha.. FARAR ho Gaye ho Aa…pp.
Axis Bank, kothrud branch me SOSN Co. ka A/c. No. [protected] pe authorized signature khud Mr.Datta Muke karte hai, Client se liye gaye cheques / Cash isi A/c me deposit kiye jate thye aur har ek Pune clients ko isi A/c me se Interest ke Monthly Cheques diye jate thye, yane ke is A/c ka whole & sole operation Mr.Datta Muke Karte Hai. He is a Responsible person for that A/c. Agar SOSN Pune Br. ka pura business Mr. Datta Muke dekhate hai usi taraha har ek city ka business respective Br. Manager dekhata honga aur agar Bangalore Br. ke B.M. LATHA MURLI apne city ke clients ko handle kar sakate hai to baki sab Br.Managers apane- apane clients ko kyon nahi handle kar rahe hai ? Kahi aisa to nahi ki in sab Br.Managers ne Milakar kuch bada ZOL kiya hai ? Kyon ki Mr. Datta Muke sahab ne apne gaon ka ghar ( Poona se 35 KM, Chakan se aage, Shiroli Phata se andar 30 KM :- at-Satkarwadi –Supe, Post – Amboli, Tal – Khed, Dist – Pune ) kafi acchi taraha se construction kiya hai (it’s just like a 2500 – 3000 sq.fit bunglow ) aur abhi bhi kaam chalu hai, hamare khayal se kisi bhi Br.Manager ki Salary itani nahi hoti ki voh 2-3 saal me apane gaon me ek accha sa bunglow khada kar sake. Ek Sawal phir bhi mann me aata hai ki agar in sab logo ne ( All BMs) kuch Locha / Zol / FRUAD nahi kiya hai to ye sab logo ke samane aane se kyon darate hai, kyon chupkar baithe hai salye ? Sahi baat kya hai aur sach kya hai, samane aakar ye kyon nahi sabko batate?
Agar Koi Fruad Nahi Kiya Hai To Phir Darr Kis Baat Ka.
Kaha hai SOSN Pune ke Kothrud branch ke BM Mr.Datta Shantaram Muke aur unka pura office Staff :-
1) Mrs. Minakshi Ingale - Sales Executive.
2) Mrs. Smita Pujari - Sales Executive.
3) Mr. Kshirsagar - Sales Executive.
4) Mr. Anuj - Sales Executive.
Dear all Investors,
Abhi kuch Karane ka samay aa gaya hai ………………
Agar Phal (Apane paise ) Chahiye to sirf Ped ka Jad (Mr.Roopesh Verma ) ko pakadkar kuch nahi hone wala Ped ki shakhao ( Other - Directors, Br.Managers & Staff members ) ko Pakado to Sach kya baat hai voh apane –aap pata chalegi, kyon ki har monthly interest ke cheques par Br.Manager signature karta tha na ki Mr.Roopesh Verma. Respective Branch Managers are the responsible person for all that. Agar apane – apane area ke BM haat me aate hai to asali baat pata chal jayegi agar aisa nahi hua to phir sirf Tarikh –pe-Tarikh, Tarikh -pe – Tarikh girati rahegi, output / result kuch nahi aur samane aa jayegi phir …………………………...⇄ EK TARIKH.
HEH EK WELL PRE – PLANNED GAME HAI PUBLIC KO CHU…………. BANANE KA. !
praveenkumar pl send me yr mb no.
I agree with Mr. Praveen Kumar.
Ek baat mujhe abhi tak samajh me nahi aaye ki, ek hi Number ya micro code ka cheque yadi ek se jyada logo ko mil bhi jay to a/c number to different hoga or yadi a/c number bhi same ho gaya to signature kaise match karega.
Suppose kare ki Om sai nath ka same serial No/ Micro code Number yadi TVK company ko mil gaya to Dono ka a/c number to same nahi hoga na or yadi us cheque me SOSN ka a/c Number bhi mention ho gaya to SOSN ka authorised Signature ke bina payment kaise ho sakta hai. AAP log khud decide kare ki aapka cheque bina signature ka yadi kisi ke pass chala jay to kya wo apna signature karake wo withdraw kar sakata hai. Think ...
Jago Bandu, ye log sab mile hue hai aur hum logo ko bewkuf bana rahe hai, date pe date lekar...
Ek baat mujhe abhi tak samajh me nahi aaye ki, ek hi Number ya micro code ka cheque yadi ek se jyada logo ko mil bhi jay to a/c number to different hoga or yadi a/c number bhi same ho gaya to signature kaise match karega.
Suppose kare ki Om sai nath ka same serial No/ Micro code Number yadi TVK company ko mil gaya to Dono ka a/c number to same nahi hoga na or yadi us cheque me SOSN ka a/c Number bhi mention ho gaya to SOSN ka authorised Signature ke bina payment kaise ho sakta hai. AAP log khud decide kare ki aapka cheque bina signature ka yadi kisi ke pass chala jay to kya wo apna signature karake wo withdraw kar sakata hai. Think ...
Jago Bandu, ye log sab mile hue hai aur hum logo ko bewkuf bana rahe hai, date pe date lekar...
datta bhadkhau kidhar hai, kya hum uske against 138 kar sakte hai
ha kar sakte hai kyun ki voh hi tha jo check par sign kartha tha?
Kya koi muje aj ka status bata satka hai... Please help.
datta bhadkhau ne sub cheque vapis liye hai mothercut bola tha ecs denewala hai abi 138 kaise kare.gandu abi pharrar hai kya?
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