On your special day…ㅤㅤ ㅤㅤ
may dis day b filled…ㅤㅤ ㅤㅤ ㅤㅤㅤㅤ
with the warm sunshine of loveㅤㅤ ㅤㅤ ㅤ
andㅤ ㅤㅤ ㅤㅤㅤㅤ ㅤㅤ ㅤㅤㅤㅤ ㅤㅤ
the bright rainbow colors of laughter…ㅤ

Good Evening Speak

Asians on Occasion Of Mr Tarak Bajpai Birthday We Speak Asians Panelist of Agra gather at Sahid Smarak , Sanjay Place , Agra , There was interaction with media reporters , we all panelist of agra make them aware abt what is going in Saol matter , our company and association fighting bravely , Mr Deepanshu Varshney represented Agra Team with associates name Anil Kapoor , Ajay Jain, Sunil Cain, Ankit Sharma , Anurag Gupta (Dabang Speak Asian), Manish Jain , Uday Ji & Many others fellow speak asians. I request all cities and town speak asians to start interacting with media and tell them the facts and condition of all speak asians .

1] The office bearers of AISPA and Panelists are absolutely honest and with impeccable integrity
Opinion: Thank you so very much for the kind words regarding the Panelists and office bearers of AISPA. We share you view that we all are indeed Law Abiding citizens of India and we are being harassed and victimised by the EOW only because we are fighting for our rights and we have organised ourselves to raise our demands under an Association AISPA.
2] Most of the core Management Players- 1] Harendar Kaur 2] Manoj Kumar 3] Vivek Gautam 4] Narayanan Rajgopalan 5] Sanjeev Mehta 6] Sanjay Dwivedi 7] Pal brothers etc have not submitted themselves to investigation.
Opinion: All the names mentioned by you are not the core members of the Management team. Many names mentioned by you do not find any place in any proceedings in any court. The COO has submitted himself before LAW. The website of the Company, All banking Accounts are under purview of the EOW as of now, all documents pertaining to the Company are with the EOW.
3] The concept of Survey- the story line was not outlawed by the regulators initially
Opinion: Your above point is not clear I do not understand what you want to put through this point. However, I tend to agree that the SURVEY idea has not been till date outlawed by any authority.
Being privy to the SAOL Business Model which was submitted in my ABA in the Bombay High Court, I say with full responsibility that the SURVEY MODEL was a very small part of its Business Model. Without understanding the Business Model, one cannot pick up concepts on piece meal basis and draw on them to draw out a perception. I have in the past agreed to share with you the Business Model so that you can have an insight in the actual working of the Company.
4] Most of the franchisees and panelists against whom the cases have been filed are innocent- as the State did’nt declare this Business illegal initially
Opinion: If the Survey Concept and neither the Business Model per se have been termed illegal as of now, I agree with you that it would be premature to label the franchisees and the Panelists as accused. Thank you for seeing the matter in the correct perspective.
5] In case of Sahara Group vs SEBI, before criminal prosecution, the Company was asked to repay the investors
Opinion: Your above Para, mentions that SAHARA was ordered to pay to its investors even before the criminal investigation was ordered. Nambiarji, such a luxury or opportunity was not accorded to SAOL. SAOL is on record informing us through their BlogSpot that they have written to all authorities including the PMO, RBI and even the EOW to explain their Business Concept and to fully Co-operate with all authorities in any kind of Investigation.
Based on the vicious, negative and motivated media campaign, the company was denied every opportunity to present its case, arrests were made over night, and websites seized resulting in the suspension of the Business activities and stoppage of the Payments. Due to the forced stoppage of Payments the charge of cheating was thrust on the Company.
Pradeepji, here you also need to understand that one cannot compare Apples to Oranges. Sahara is purely an Investment Concept whereas SAOL is in no way related or even close to INVESTMENT.
6] Sahara vs SEBI- Sahara has paid of 19000 crores directly to the people without routing it through SEBI and the matter is comming up for hearing before SC in 2nd week of July
Opinion: To put the SAHARA matter in the right perspective I remember the SC observing against the way which SAHARA has conducted themselves in the matter. Please remember that the SEBI had not taken control of SAHARA’s DATA base and neither of its Accounts. If it was done than I am sure Sahara would not have taken the non judicial route and paid its Investors behind the back of the SEBI.
Pradeepji, I wish to draw for you what has resulted in this matter of payments of 19000 Crores which Sahara paid to its investors without it being routed through SEBI. The SEBI is now NOT willing to acknowledge this payment as it was not done under its supervision. Similarly when SAOL made some EXIT PAYMENTS based on data collected directly from the Panelists the EOW came on television to announce that these were false claims and all payment proofs were forged, also going ahead and slapping the Company with Sections 468 and 471 relating to forgery etc.
So making Payments directly by using any back up DATA Base, without the consent of the Court will not resolve the issue as this will always lack legal sanctity. These kinds of payments will always be contested by EOW.
7] Unless the top management mentioned in point no 2, submit themselves to scrutiny before the enforcement agencies I don’t find that even the Government will be open to the idea of your prayer mentioned in your online petition.
Opinion: Thankfully we, the law enforcing agencies and neither the Judiciary go by your opinion. The moot point is that pending INVESTIGATION there should not be anything which should stop the payments to the Panelists. I once again reiterate that neither the Courts nor the RBI have any problem or any issue with the payments.
Most importantly NO LAW bars the company from making the EXIT PAYMENTS whilst some of the Management personnel are not in India. No court has put this condition on the Company that they cannot make the payment unless and until these people you mention come to India.
You need to understand and appreciate that SAOL is a registered entity in Singapore. Any International company if it falls under the investigating scanner does not warrant for its global management to rush to India. The Indian COO is here and responsible to handle the matters completely.
Most importantly you need to understand and appreciate that the moot point is that even the Hon’ble SC has not resisted the Companies efforts to pay to its Panelists, in fact the SC was facilitating the EXIT. Not a word has been said till date about the Management personnel who are not available.
Another very important point being that in the RBI’s speaking order dated sometime around the third week of September 2012, submitted to the Hon’ble Bombay HC has clearly mentioned that they have NO PROBLEM if the Company brings in money to pay to its Panelists.
From the above it may be clear that neither the Courts nor the RBI has any problem or any issue with the payments. It is only the EOW for reasons best known to them who are derailing the EXIT OPTION and not allowing the payments to the SMALL & MARGINAL INVESTOR much against the LARGER PUBLIC INTEREST.
8] Any company , i certainly believe always has a back up of their existing Data, As in Sahara vs SEBI case where Sahara has paid 19000 crores directly to investors, i do believe that Speakasia can pay the entire amount to the panelists, because the Company definitely has back up of its data and software. I can’t believe it, if the Company says that it does not have back up data.
Opinion: The question of DATA being required by the company to make payments has been discussed and viewed by the SC, when they ordered the EOW to share the DATA with the Mediator. Why would the SC order the EOW to share the data with the Mediator? The EOW could have objected saying that the Company has the DATA and does not require the DATA from the EOW. But instead of this, funnily the EOW has submitted in their sworn Affidavit that the Company should ask the DATA from AISPA. This is how serious EOW has been in this matter.
The company has also filed a Writ in the Bombay HC praying for the DATA. Why would the company file a writ in the Bombay HC? Why would the Court admit such a WRIT if the Company had or was allowed to use the copy of its DATA Base legally.
For a minute let us assume that the Company has the BACKUP DATA, You being an advocate, do you think the company can assess its data base while the matter is under investigation without the implicit consent of the EOW or without the permission of the court, would it not amount to tampering with the Evidence?
Pradeepji it is high time that all of us who are analysing the SAOL matter rise above personal beliefs and perceptions and base our views on HARD FACTS arising out of the court matters.
Warm Regards.

- Answered by Mr. Ashok Bahirwani

Check Facebook group comments in this link:

https://www.facebook.com/groups/power.of.speakasians/permalink/447511238614442/

Source :

- Anand prasad in SpeakAsian Powers

As the Writ which has been filed by Company’s Legal team to claim the Server or Admin rights to disburse the Exit payments is now expected to happen on 25th June…I hope that this Writ will be an eye opener for many …We need to see the reaction of Indian Judiciary as what will be there decision or outcome on the concerned Writ…

Signature camp is going on ….Let me make all of you aware that when the matter is in Judiciary / Litigation even the President or Prime Minister cannot do anything here….but still lets try our best and see if something happens through this movement or not…

For faster progressive results the only solution is Settlement/compromising…Holding your horses i would indeed say that we need to wait for the result in Writ 1127 as that order will really help us to understand the things better and hopefully help us to clear some doubts and questions or misconceptions about Indian Management , Singapore management or any other management…Lets await for the result of 1127

Thanks and Regards
SpeakAsian Support group

We are wishing you to Many Many happy returns of the day
Tarak Bajpai…

Please read, sign & share this online petition if you wish. Regards.

http://www.change.org/petitions/12-5-lacs-speakasians-demand-justice?share_id=oPJxodwirI&utm_campaign=friend_inviter_chat&utm_medium=facebook&utm_source=share_petition&utm_term=permissions_dialog_true

Sign this petition with 2,500 supporters

Signed 2,123 supporters (377 NEEDED)

With a heavy heart todays’s hearing did not took place as the bench was discharged after the lunch. However today we were expecting whom the admin rights or server would have been given or not to the authorized person…
Tomorrow 9th May we have another the first hearing is expected to happen in AP…Just to alert that all the negative remarks about our company have been disposed off in this case and tomorrow lets see what does the legal team put forward in Trial to get minor relief in our matter…

Regards

Mr. Anslem Thomas

SpeakAsian support group