[Resolved] Shree Om Sai Nath Car On Rent — News Innocence proved | |
NEW AS APPEARED IN DNA Court asks police to appoint supervising officer in fraud case PTI Sunday, February 21, 2010 17:01 IST New Delhi: Irked over alleged improper probe into a multi-crore fraud case involving a Delhi-based finance firm, a court here has asked police to appoint a senior officer to supervise the investigation. "I hereby direct the Deputy Commissioner of Police (DCP) of Crime Branch to appoint a supervising officer in the case who should not be below the rank of an ACP," additional chief metropolitan magistrate Ajay Pandey said. The court expressed its displeasure over the probe saying "there appears to be no proper investigation in the highly sensitive case which involves the interest of thousands of investors." It was hearing the bail application of Rupesh Verma, managing director of Delhi-based M/s Shri Om Sai Nath Car On Rent Ltd, who sought his release on the ground that his personal and company assets amount to Rs 300 crore which could be used in paying back the investors. Verma was arrested on December 18 from the Press Club of India when he was addressing the media following two FIRs alleging that he and his firm duped investors to the tune of around Rs 2,000 crore. "Despite directions of the court, neither the list of persons, who had invested money with the accused is provided nor any details of the assets of the accused company is given... There is no specific reply from investigating officer inspector Raj Kishore," the court said. [/QUOTE] Dear Investor Friends, Based on the above media report, It has now proven that police/eow has not been able to fulfill the basic requirement of filing charge sheet as they just don't have any hard evidence other then some complaints by few investors (increased under pressure from police/eow and some insane persons) to substantiate cheating, misappropriation of funds & design/intention to cheat as charges on Mr. Roopesh Verma, It is a win for investors. And also if any complaint/FIR is filed whether a bogus one the police/eow tries to prove it correct to add stars to their work (we dont doubt their intentions) but a genuine person suffers & in this case we investors are suffering. Also as sequenced by our investor friend the following: 5.Mr. Dharmendar Arya (Lawyer) today has presented all the sequence of incidence happened which has lead to the unneeded arrest of Mr. Roopesh Verma as a) Bank stopped giving stationary on flimsy grounds b) Issue of same series cheques by Bank c) Dishonour of Cheques due to withdrawal of high amount by unscrupulous persons using same series of cheques (copies submitted to the court) d) Press Conference by SOSN (News Clips) e) Issue of directions by SOSN to the Bank not to clear certain cheques unless & until validated/Cleared by SOSN f) Notice in the public & website to convert payments through cheques to ECS G) Details of Notice of problem because of Bank & about ECS issued in December in 60 leading newspaper cuttings submitted to court H) Press conference & subsequent preventive arrest and unreasonable complaint/FIR under pressure by Lawyers & Police by 2 persons etc. 6. Mr. Dharmendar Arya on the direction by Honorable Judge has also read out the version of complainants copy of FIR which states that they were happily getting their contractual income for the last 17 months and when they have not received the payment in Dec 09 they have found that the company has not bought car on their name & because of that they have made the complaint; which the Judge has asked why they were sleeping for 17 months & why they had not approached the company first they didn't had any answer to it. 7. Even the Lawyers of the complainants were not able to produce any documents/evidence of cheating, Misappropriation of funds, intention/design to cheat by Mr. Roopesh Verma other then the copies of contract/agreement which clearly mentions what is to be done. Who so ever approaches them they ask for their fees & 10% cut on the claimed amount & say only who have made complaints will get money. The Judge has clarified that every investor will get their dues as per the contract/agreement whether one complaints or not. 8. The court has also made the observation that their now has been more no.s of lawyer coming on behalf of many more complainants as fleeced by lawyers/forced by police/eow then others & it may create more problems & may hamper court proceedings & delay the process of justice (justice delayed is justice denied) & loss to investors. 9. On the question of assets Mr. Dharmendar Arya has submitted Balance Sheet, Profit & loss A/c (Audited as per Governments requirement) of last year & Advance payment of Tax 09-10 (September 09) to the court which has high net worth & surplus cash flow to take care needs of investors payment. Even they have pm turnover of 10-15 crores from resorts, car rentals & allied business which is suffering due to his unreasonable arrest. 10. SOSN as per Media/EOW report has 1780 luxury cars, 24 crore cash, 24 co. bank account, 20 hotels/resorts across country & co.s like Sai Cine vision, Sai construction co., Swiss cabs, Shree Resorts, Sai Airways (planned) + planning of right issue/IPO. etc. Now also that: 11. The Affidavit of Support has played a very vital role & has strengthen the hands od Investors & Lawyer of Mr. Roopesh Verma as it clearly mentions the amount invested & conditional support if returns/profit given as per contract/agreement. Don't loose this opportunity to claim your invested amount & returns/profit as per the contract/agreement and send Affidavit of support to Mr. Roopesh Verma to his Lawyer at the earliest as this seems to be the only way to get our money. [protected]@gmail.com Was this information helpful? | |
Aug 13, 2020 Complaint marked as Resolved | |
 10 Comments | |
Comments
dgsjh
Reply
i want to send affidavit, but how
?
?
if faith me... if any invester shree om sai nath co. want to summit affidavit sopport to mr. rupesh verma... (dharmender arya)... before 6 march 2010:: please sent me your's full name and plan address from my email in ([protected]@yahoo.com) and some of rupees (rs. 500/-) in my a/c no. [protected] hdfc bank delhi... sorry for demand money if one and two person i can pay my self... kamal gupta ([protected])... jai sai ram... om sai ram...
gaandoo bheek magne lagja dhnda achha chlega
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
The hard money invested with this SRI OM SAINATH CAR ON RENT LTD. company must be returned to each investers and request honourable court to favour the investers and help the poor people cheated by this Mr Rupeshs Verma. I have also invested ruppees 4, 50000/- with car plan and latter with resort plan.
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
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.
i agree with R.K.Nigam Lucknow