[Resolved]  Shree Om Sai Nath Car On Rent — 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
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Aug 13, 2020
Complaint marked as Resolved 
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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.
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.
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
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
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]
Mr. NIGAM I AM SUSHMA SHUKLA WITH YOU TELL ME HOW TO JOIN WITH YOU TO FIGHT AGAINT.

[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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