[Resolved]  Shree Om Sai Nath Car On Rent — STOPPED MY RENTAL INCOME

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 that it takes only two thousand rupees to execute a murder in today’s time…

I am really distressed with the sense of insecurity roaming large in my mind for the last several months and that’s at its peak for the last several days. It has become difficult for me and my family members to handle these ‘Corporate-Gunda’ elements as they misbehave and keep threatening me repeatedly. They have no respect for law. I am not able to concentrate and always feel afraid of something might happen the next moment…

The facts leading to writing this Life-Pledge letter are as under:
A. The company named “M/s SHREE OM SAI NATH Car On Rent Private Limited” published their advertisement in The Times of India, the national daily, during Feb-2007 attracting investments from public and very high returns. The advertisement used to be printed mostly on daily basis. Out of curiosity, I contacted the Company i.e. M/s SHREE OM SAI NATH and sought details of investments and returns Company was offering.

B. Though after enquiry I thought to give a go by to the idea of investing with M/s SHREE OM SAI NATH, the executive i.e. Mr. Mohit Verma on phone insisted on meeting one of their senior executive who would come to meet me to tell the benefits in details. Some Mr. Bhatnagar (having his Mobile No. [protected]), a senior person from M/s SHREE OM SAI NATH came to my home at Sahibabad to detail the investments and benefits. He talked very good about M/s SHREE OM SAI NATH as also the concept, which he said is revolutionary and would give the best returns to me. He persuaded me to invest in the schemes of M/s SHREE OM SAI NATH and avail continuous benefits for five years.

C. The objective, as told to me, of M/s SHREE OM SAI NATH was to seek investments to fund margin money to buy motor vehicles i.e. cars in the name of the Investor and then in turn taking of that car on lease from the investor by M/s SHREE OM SAI NATH. The a to z liabilities i.e. recurring yearly insurances, registration, remaining finance for buying cars, EMIs due to finance, fuel, maintenance, driver, damage to car, accident claims, theft/loss etc. due to the car; had to be on M/s SHREE OM SAI NATH. It was also told to me that M/s SHREE OM SAI NATH would purchase the cars on expiry of lease term i.e. five years on a minimum prescribed sum of money. It was impressed upon me that the motto of M/s SHREE OM SAI NATH is “CLIENT FIRST COMPANY SECOND” as also the agenda is “WE BELIEVE IN SERVICE AND LONG TERM ASSOCIATION”. I was shown the investment brochure of M/s SHREE OM SAI NATH and was persuaded by Mr. Bhatnagar to invest in several of the “Growth Equations and/or Investment Schemes”.

D. Out of my hard earned money saved for the future for my kid and family, on the insistence of Mr. Bhatnagar and Mr. Roopesh Verma, Managing Director, M/s Shree Om Sai Nath Car on Rent Pvt. Ltd.; I invested in three Growth Equations. I invested twice in Growth Equation namely “Invest Rs.1, 33, 000/- Get Rs.7, 64, 000/-” for buying two Ford Ikons and one investment in Growth Equation namely “Invest Rs.1, 45, 000/- Get Rs.8, 30, 400/-” for buying one Chevrolet Aveo 1.4 LS and giving all the three cars on hire to M/s SHREE OM SAI NATH for its own usage.

E. In the investment for Ford Ikon i.e. Growth Equation namely “Invest Rs.1, 33, 000/- Get Rs.7, 64, 000/-” the other specifications were as follows:
a. I invested Rs.1, 33, 000/- in two scheme therefore gave M/s SHREE OM SAI NATH Rs.2, 66, 000/-.
b. In return, I was supposed to receive a monthly sum of Rs.7650/- each for the two schemes totalling to Rs.15, 300/- p.m. for five years.
c. I was issued following post dated cheques (PDCs) for the said two investments:

• 24 monthly PDCs @ Rs.7650/- for each month running from 10th April’2007 to 10th March 2008 (i.e. two PDCs for each month by virtue of investment in two schemes of same type);
• 6 yearly PDCs @ Rs.91, 800/-; two each dated 10th March, 2009, 10th March 2010 and 10th March 2011 as securities for monthly returns;
• Two PDCs @ Rs.1, 05, 000/- each dated 10th March 2012, as monies towards cars-resale at the end of schemes;
• One PDC @ Rs.91, 800/- dated 10th March 2008 towards Bonus for First Investment by me in Ford Ikon Scheme;
• One [protected]@ Rs.93, 330/- dated 10th March 2008 towards Bonus for Second Investment by me in Ford Ikon Scheme;

d. In summary, M/s SHREE OM SAI NATH issued 12 post dated cheques (PDCs) for Rs.7650/- for each of the two schemes. Therefore I got 24 cheques for Rs.7650/-. Additionally, I got a total of six PDCs (i.e. three PDCs for each scheme) for Rs.91, 800/- (i.e. equivalent to twelve months payment of Rs.7650/- for each scheme). The concept for each scheme was once the first 12 monthly PDCs for Rs.7650/- are encashed by me (i.e. 24 monthly PDCs for both schemes) ending on 10th March 2008, one yearly PDC (i.e. 2 yearly PDCs for both schemes) for Rs.91, 800/- dated 10th March 2009 had to be returned to the Company so that new monthly PDCs for Rs.7650/- could be issued for in lieu of the yearly PDCs.

F. Similarly, In the investment for Chevrolet Aveo 1.4 LS i.e. Growth Equation namely “Invest Rs.1, 45, 000/- Get Rs.8, 30, 400/-” the other specifications were as follows:
a. I invested Rs.1, 45, 000/- in one scheme of M/s SHREE OM SAI NATH
b. In return, I was supposed to receive a monthly sum of Rs.8340/- p.m. for five years
c. I was issued following post dated cheques (PDCs) for the said investment:
• 12 monthly PDCs @ Rs.8170/- (after TDS out of Rs.8340/-) for each month running from 10th April’2007 to 10th March 2008;
• 3 yearly PDCs @ Rs.98, 040/- (in the multiple of Rs.8170/- for 12 months); each dated 10th April, 2009, 10th April 2010 and 10th April 2011 as security for monthly returns;
• One PDCs @ Rs.1, 30, 000/- dated 10th April 2012, as money towards cars-resale at the end of schemes;
• One PDC for a sum of around Rupees Ninety Eight Thousand (no able to recall the exact amount) dated 10th April 2008 towards Bonus for Third Investment by me in Chevrolet Aveo Scheme;

G. For investing in three investment schemes, I was given three insurance policies from Life Insurance Corporation of India for a sum of Rupees One Lac each for which three premiums of Rs.5039/- each was paid by M/s SHREE OM SAI NATH. Further, I was paid a sum of Rs.4500/- on quarterly basis by the Company as an Incentive for investing in three Scheme. The Bonus and Incentives were offered to first Hundred Customers/Investors. It was promised to me that M/s SHREE OM SAI NATH would pay premium on LIC, quarterly Incentive and yearly Bonus for the next four years till the completion of the schemes.

H. To sum it up, I invested a total of Rs.4, 11, 000/- (Rs.1, 33, 000/- for first scheme of Ford Ikon; Rs.1, 33, 000/- for second scheme of Ford Ikon and Rs.1, 45, 000/- for the third scheme of Chevrolet Aveo) with M/s SHREE OM SAI NATH and was promised a total return of Rs.23, 58, 400/- (Rs.7, 64, 000/- for first scheme of Ford Ikon; Rs.7, 64, 000/- for second scheme of Ford Ikon and Rs.8, 30, 400/- for the third scheme of Chevrolet Aveo) spreading over a period of five years. To secure my returns, M/s SHREE OM SAI NATH had issued in my favour cheques of various denominations and dates amounting to Rs.14, 66, 560/- (Rs.4, 72, 200/- for first scheme of Ford Ikon; Rs.4, 72, 200/- for second scheme of Ford Ikon and Rs.5, 22, 160/- for the third scheme of Chevrolet Aveo) plus Bonus Cheques.

I. I had signed three agreements with M/s SHREE OM SAI NATH for the above said investment schemes in the presence of Mr. Roopesh Verma, Mr. Mohit Verma & Mr. Richard (Mobile No.[protected]). Along with Mr. Roopesh Verma, Mr. Mohit Verma & Mr. Richard; Mr. Bhatnagar was also present when I had signed the third scheme. Mr. Roopesh Verma and the remaining crew, all were very nice to me through out the signing process.

J. For almost an year, everything went by scheme and in accordance with the commitments, oral and written, made by M/s SHREE OM SAI NATH to me. During Jan-Feb 2008, I called Mr. Bhatnagar and enquired why the vehicles have yet not been purchased as I had not got any verification calls from any body. He told me to call at Company’s Office directly. The receptionist at the Company’s office picked up the phone and said that she would inform the concerned department and would ask them to call me back. After couple of days, Mr. Richard called on me to tell that the money given by me to M/s SHREE OM SAI NATH could not be invested for the purpose of buying cars as afore stated because I was a tenant and vehicles could not be financed in the name of tenants. I had suggested that I have self owned flat in Mumbai so why can’t it be done. Mr. Richard said that he would discuss with Mr. Roopesh Verma and come back to me on this very soon. Some days later, Mr. Richard called me again and said they don’t require hire vehicles in Mumbai so he suggested me either terminate the agreement. On hearing all this I told him that they have cheated me and that I would complain to authorities that M/s SHREE OM SAI NATH is cheating in this way. Mr. Richard tried to comfort me and said he would talk to the Mr. Roopesh again and would come with a plan to settle my case. After several days, I called Mr. Richard several times to know the status of my investments and returns. All the time, he assured me that they are working on it and soon would come out with a plan to settle my returns.

K. Sometime during the first week of March 2008 Mr. Richard called me and suggested if I terminate the three agreements and give back all the un-cleared cheques i.e. PDCs issued in my favour, the Company would change the year in all the cheques to the current year i.e. 2008 and I may encash all these cheques towards the final satisfaction of my claim with the Company. The proposal seemed nice to me so I agreed to that on one condition. The condition was that I would terminate the Agreements only after the cheques were encashed in my account. Mr. Richard proposed that Mr. Bhatnagar would come to pick these cheques from me and after corrections in the cheques he would return the same at my home only. I agreed to this and some days later Mr. Bhatnagar picked those cheques from my home and after getting the year changed with counter-sign along with the corrections, some one had delivered the cheques back home to the watchman of the society where I lived. These cheques must have been delivered sometime during the third week of March 2008, as I recall. I encashed all these cheques.

L. After around a month, during first week of May 2008, I received a call from some female official of M/s SHREE OM SAI NATH alleging that the money credited in my account is illegal as the Company had not issued those cheques which have been encashed by me. I was shocked to even hear this, I told him in detail everything that had happened and said that M/s SHREE OM SAI NATH had authorised him to encash all these cheques. After hearing me in detail, she asked me to reach the Branch of my Bankers i.e. Axis Bank Ltd. at Lajpat Nagar-2, the next morning at around 9 AM. She also asked me to bring my cheque books and the Agreements in Original.

M. The next morning i.e. on 7.05.2008, I reached at the Lajpat Nagar-2 Branch of my Bankers i.e. the Axis Bank Ltd., where Mr. Reddy (as he represented to me) met me as a senior official of M/s SHREE OM SAI NATH. We met the Branch Manager (the then Branch Manager was a lady) and sat there with her. Immediately thereafter Mr. Reddy sought explanation from me as to how could I redeem the cheques given as security? I explained to him the true facts in front of the Branch Manager. The Bank’s Branch Manager had seen the brochure and had casually asked Mr. Reddy where is the investors’ money invested that you give such high returns. Mr. Reddy had said that the Company invest in Real Estate and Film Industry and get very high returns. Thereafter, he said to the Branch Manager that he would need to take me out to talk in detail. Once outside, he called his driver and asked me to sit inside a Toyota Innova car. He suggested that he wants to take me to the Company’s office at Naurang House, KG Marg, New Delhi so that I could recognise the persons Mr. Richard and Mr. Bhatnagar. Though in doubt, I deemed it fit to do so. I told him that I would pick my car which was outside the Bank and directly come to Company’s office. He suggested he would drop me back in an hour or so. I agreed and sat with him inside that Innova car.

N. While on way, he kept silent for some time and then dialled a number on his cell phone and showed as if he is talking to some Commissioner of Police. He said something like he has caught me and if any help would be required he would call back… Immediately thereafter, he called another person and told him to talk to some Mulayam ji and tell him to kidnap all my family members….I was in a state of awe not understanding as to what is happening…I was totally clueless as to what to do…my mind went blank and he suddenly shouted at me to return all the money back or else everybody in my family would be dead. I was totally awestruck and asked him that I have not done anything wrong so why this is being done to me. He said to me that I would not even know what will happen to me and my family.

O. We reached outside Naurang House at KG Mark and Mr. Reddy asked me to get down and come to office. Being in public I could muster courage to deny to go to Company’s office, he called Mr. Roopesh Verma. Mr. Roopesh Verma came and said very politely that I am just required to point finger at the persons who were involved in this transaction. Mr. Roopesh suggested that I will be free in no time after that. Though I was afraid and having not many options, I went with them inside the office of the Company.

P. Inside the office of M/s SHREE OM SAI NATH, they took my cell phone and then locked me inside a cabin. They kept me there for some time, and then they came inside the cabin and asked me to return the money I had redeemed. I kept telling them repeatedly as to what had happened but now they were not hearing what I had to say. They also called two persons from the Axis Bank Ltd. to the Company’s office. Mr. Ramesh Bhalla and Mr. Negi (R.M.) came from the Bank putting forward for them the details of my account and the connected account of my kid in the Axis Bank Ltd. They forced me to sign a cheque for effecting transfer of Rupees One Lac from my kid’s account to my account. They also forced me to transfer and deposit more money in my account. Whatever money I could have transferred in my said account with Axis Bank, I transferred. During all this, they were constantly intimidating and threatening me of my life and my family’s life. Then they forced me to sign two self cheques of Rupees One Lac each. Then they asked me more money. They even snatched my gold chain worth around Rupees Thirty Five to Forty Thousand. Whatever I had I had already transferred under force and intimidation. I had no more money to give to them. Then they asked me to call someone from my family and just ask him to come in Company’s office. They gave me my mobile to call. I called my brother Mr. Sandeep Bansal in Meerut and just asked him to come to Company’s office at KG Marg, New Delhi as I need him most urgently to sort out some issue. I could not say anything else to my brother. My brother reached the Company’s office around 2 PM on that day. When he reached the office, he was also abducted by these people. They forcible took his mobile phone too and asked him to arrange more money or arrange security for the remaining money. My brother had to call for the originals title deed of a property belonging to him. They allowed my brother to call his wife so that property papers could be sent to Delhi. The Sunil i.e. helper at the shop of my brother was sent with papers in Delhi. They directed my brother and me to call the helper at outside the McDonald’s Restaurant situated at Kashmere Gate Metro Station. The said helper was provided logistic-help over mobile by my brother and me on several occasions. When the helper reached at the destination at around 10 PM, we were also taken Kashmere Gate Metro Station. We were accompanied by Mr. Piyoosh Verma, Mr. Reddy, Mr. Bhalla and Mr. Negi from the Axis Bank in the same Innova car which was being driven by the same driver. My Brother was sent to pick up the property papers from the helper. The papers were also forcibly taken by Mr. Reddy from my brother’s hand. The said property was worth around Rupees Seven and Half Lac then. They also forcibly took my mutual funds certificates. They also got signed some blank papers from me as also instructed me to write what they had dictated and got it forcibly signed from my brother too.

Q. After that they left us with Mr. Bhalla of Axis Bank Ltd. with clear threat to our life, property and family. They said return the remaining money and take the property papers back or else the property as well life of any of my family members will be at risk. They also directed to me to deposit at least seven to eight lacs of rupees with in a week’s time so that they can get that money out of my account, but I did not know how they would get money out of my account with out my signature or authorization.

R. Mr. Bhalla then dropped us to Lajpat Nagar and then I picked my car at around 11.30 PM from outside the Lajpat Nagar-2 Branch of Axis Bank Ltd. and we reached our home in Meerut around 1.00 AM in the night.

S. Under the threat, the next day i.e. on.8.05.2008, I arranged a sum of Rs.1, 37, 000/- in cash and deposited in my account. I also closed two investment schemes before maturity to fund my account which brought Rs.4, 89, 682/- ( Rs.2, 44, 841 + Rs. 2, 44, 841/-). Then I deposited Rs.50, 000/- by cash in my account on 12.05.2008. Therefore in a week’s time, I funded my account by Rs.6, 76, 682/-. In all the Company managed to embezzle my account for Rs.7, 96, 158/-. It is noteworthy here that cheques worth Rupees Two lacs were got signed from me forcibly and the remaining money of Rs.5, 96, 158/- was taken by them through reversal. I had not issued any instructions to the bank, either written or oral, to do the reversal. The Bank as well as the Company has committed fraud against me.

T. On 16.12.2008 I received a call from Mr. Ritesh (Mobile No. [protected]) of Axis Bank Ltd., Lajpat Nagar-2 Branch. He said that he is calling me on behalf of Mr. Roopesh Verma, Managing Director, M/s SHREE OM SAI NATH i.e. the Company regarding company’s money matter with me and asked me to meet them today. I told him I am not in Delhi and can’t meet them that day. An hour later he called again and said that Mr. Roopesh is very angry and I should come to meet him the next day. I came to Delhi to meet Mr. Roopesh and Mr. Ritesh the next day, but this time not alone but with my Mother i.e. Mrs. Rekha Bansal (Aged about 62 years) and my brother Mr. Sandeep Bansal. Before meeting with him, I also consulted a lawyer before meeting these people. He heard our case and very emphatically opined that I should complain against these people. The respected Lawyer made me understand that I should fight for my right against such evil and should not sit idle. I am really thankful to him for encouraging me and opening my eyes to the fact that I can fight instead of just sitting idle and aiding such evils.

U. Thereafter, I talked to Mr. Ritesh to call Mr. Roopesh at any place except his office for the meeting. Mr. Ritesh took Mr. Roopesh on conference call, Mr. Roopesh started using dirty language and asked me to come to meet him in his office. On my denial to come to his office because of the experience on 7.05.2008, he again started a abusing me. My brother also tried to talk but he just misbehaved. My mother suggested that we should go to his office and she wanted to speak to him for his shameless acts. We three decided to go to his office to finally sort out the issue.

V. At his office, we met him my mother was very angry but I calmed her for the talks. We met Mr. Roopesh and Mr. Ritesh. Mr. Roopesh asked me to pay back all the money I had got under the three investment schemes with the Company. I said I had invested the money so that I get returns, he said he does not care and he wants all the money back and that too very soon. My mother tried to speak I stopped her. I said to him that I can not agree to this as I need my money and benefits both. He shouted “aap log yahan se bhag jaiye”! We all stood from there and started to go out, and he said “manish, dili main do-do hazar rupaye mein murder ho jate hain, hawa bhi nahi lagegi ki manish bansal kaun tha”. On hearing this, my mother shouted and abused him rigorously and we three (me, my brother and my mother) went out together. The whole office had collected hearing her shouting at very high pitch. People from adjoining offices had also come to see as to what was happening. We came out of the building and left the place immediately.

W. After we left, in just five minutes time, a person (who did not disclose his identity and having No.[protected]) called me on my mobile and said that he is calling from Lucknow on behalf of Mr. Roopesh Verma and tried to intimidate me but I cut the line.

Under the circumstances mentioned here in above I am left with no other alternative except to seek the support of authorities for the safety of lives and property of my family members and me. I therefore request you to kindly save the lives of my family members and me from the threats of Mr. Roopesh Verma and his accomplice and also protect me from any untoward incident which can be caused by Mr. Roopesh Verma and his accomplice. I have no enmity with any body and there are no criminal records/ proceedings ever initiated against me. In case any untoward incident occurs with me or my family, Mr. Roopesh Verma and his accomplice (including the Bank Persons) shall be responsible for the same.