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In view of the Charge sheet filed in the Vijayawada matter, The SLP 7509/7510 in the Hon’ble Supreme Court has been disposed off. It has been clarified by the Supreme Court that the trial court should adjudicate the matter without taking into account the observations of the AP High Court. This is a positive in favor of the company. Thanks & Regards, ADMIN

आन्ध्र प्रदेश पुलिस धोखाधड़ी के आरोप में पकड़कर ले गयी सूरत। एन.मार्ट के मालिक गोपाल शेखावत को आज आन्ध्र प्रदेश पुलिस की टीम धोखाधड़ी के मामले में गिरफ्तार करके आन्ध्रप्रदेश ले गई। ज्ञातव्य है कि शहर सहित देश के विभिन्न प्रदेशों में कम समय में ही एन मार्ट के नाम से रिटेल मोल खोलकर गोपल शेखावत रातों रात सुर्खियों में आ गये। पुलिस सुत्रों से प्राप्त जानकारी के अनुसारआंध्र प्रदेश में सी आर 154/2012 आईपीसी 420 के तहत गोपाल शेखावत की कंपनी के खिलाफ धोखाधड़ी की शिकायत दर्ज करायी गयी है। आन्ध्र प्रदेश की पुलिस टीम ने सूरत पहुंचकर अरेस्ट वोरंट के आधार पर गोपाल शेखावत को गिरफ्तार किया। अपहरण की आशंका के आधार पर परिवार वालोंं ने पुलिस आयुक्त से शिकायत की। पुलिस आयुक्त ने उच्च अधिकारियों को सूचना देते हुए आन्ध्र प्रदेश पुलिस से संपर्क कर आंध्र प्रदेश पुलिस की टीम सही होने को सुनिश्चित किया। आंध्र प्रदेश पुलिस ने बताया कि धोखाधडी के आरोप मेंं गोपाल शेखावत को गिरफ्तार करने के लिए यहां से पुलिस की एक टीम सूरत भेजी गयी है। अडाजण पुलिस थाने में आन्ध्र पुलिस ने गोपाल शेखावत को गिरफ्तार कर

                    There is no doubts that eow is the main reason for the Delay which is happening till now...They just want to stretch things and have crossed all their limits and boundation with the name of their so called investigation... The Apex court asked eow to clarify that where in the order it is mentioned that permission for investigation has been granted which eow was claiming in high court again and again with their general solicitor Darius Khambatt who came on behalf of eow... Today the main matter which we call as Non-miscellaneous day was not scheduled for hearing however the only application that was heard was AISPA to get the clarification for the stay on investigation A notice has been issued to Eow ...they asked for 1 month to file their chargesheet for which their request was refused by Hon SC...and were told to do before 19th September and were also asked to give clarification about " where it is mentioned that permission was granted by SC

See the Positive part of today’s hearing… The highlight of the hearing was that the court was of the opinion that as the company has stated through an affidavit in the Hon’ble SC that it wishes to pay all pending dues so there is no need of any criminal investigations. Prima Facie the Court’s mood was in our favor. Source : Speakasian powers -------------------------------------------------------------------------------------------------------------------------------- Friends please read carefully and clear your doubts....... Jab Apex court main AISPA application ki hearing hui to Hon'ble Judge ne bola ki Jab SAOL ne affidavit de diya hai SC main ki wo apne due payments clear karegi to koi criminalty banti hee nahi hai and EOW se bola ki aap investigation kis baare main kar rahe ho aur aapko kis order se ye permission mili ki aap investigation continue kar sakte ho. Tab EOW ko apex court ka mood samajh aaya ki matter unke haath se nikal raha hai to Eow ne kaha ki

Aispa Update                 The Aispa application came up for hearing in front of the Bench of Hon'ble Justice Radhakrishnan and Hon'ble Justice Deepak Mishra . The detailed update of the hearing will be available by tomorrow evening .                   The highlight of the hearing was that the court was of the opinion that as the company has stated through an affidavit in the Hon'ble SC that it wishes to pay all pending dues so there is no need of any criminal investigations. Prima Facie the Court's mood was in our favour and sensing the mood of the court the EOW Mumbai asked for one months time to file an affidavit. and the court was pleased to grant them time till 19/09/12 . It appears that the stay on investigation shall continue .   Thanks Admin

Eid Mubarak to all my muslim friends Wishing all of you on this beautiful occasion of EID, Happy times, and hoping the day is truly special in the most Delightful day Eid Mubarak to all of you!

                   Dear Speak Asians, There seems to be some confusion amongst the panelist regarding the update of Ashok Sir and the prayer of WP 383/2011 . You have to read the whole update collectively and cohesively and not in parts or portions. The effective situation is such that we can assume that we are moving towards the payment of exitors as already announced by the company. This assumption is based on the many things including the direction which the courts are taking and the Mediation Process. The payment of earned RP's has not yet been announced by the company and nor directed by the courts as yet and we can assume that to happen as and when it is announced by the company. Thanks & Regards, Anand Prasad

A case is hearing between Speak Asia Online Bangladesh Ltd. vs Govt. authorities in Honorable High Court in Bangladesh. Hopefully they have come to an end. Because of Speak Asia Online Bangladesh Ltd. authority is informing by Call Center to various leaders in different district. From tomorrow meting will be started & the meting will be held in Bonani office, Dhaka. This is the first time that Speak Asia Online Bangladesh Authority is sitting with lots of leaders from various district. They are informing to come in Dhaka office for sitting with them. After a long time this is a great news for us. May be you will be notify all information at that meting from the authority those who will be present their. At last I am informing all the leaders who have contracted previously with us by Md. Sanwer Hossen. You are requested to call 01756197438. We have important matters to share with you. Md. Sanwer Hossen Mobile No-01756197438. Thanks & Regards Admin Speak As

Dear Panelist of Bangladesh, It was a great time when we sit in front of management body today. We were almost 35 leaders present at that meeting from different districts. The meeting was so important & full with valuable information about Speak Asia Online Bangladesh Ltd. Management has shared all information about Speak Asia Online Bangladesh Ltd. They shared that, Speak Asia Online Bangladesh Ltd. has Writ. Petition in Honorable High Court against Bangladesh Bank. As  soon as finished this case Speak Asia will open in Bangladesh. They have confirmed that Speak Asia surely open in Bangladesh. There don't have any issue against Speak Asia Online Bangladesh Ltd. which can stop it launching. They have shared that Speak Asia Online Chairperson Mrs. Harren Court eager to pay all pending payment to all panelist. Because of banking clearance problem it is hanging up after resolving court matter business & payout will be start. To think about the cond

SFIO – Serious Fraud Investigation Officer                                         Respected Speakasians, SFIO submitted their report to MCA regarding Speakasia as it was awaited. They have mentioned few points on the legalities of the SAOL business concept. Media often hypes the news & presents. We have had this experience in the past also. According to legal opinion there is nothing much to worry about. Detailed information will be provided after 16th August 2012. Regards... Aman Azad

Why supreme court writ is important for Business restart ???????? The bombay Highcourt FIR quashing is based on our Application for clarifying the stay on investigation,,,,,,,,if we win this application Bombay highcourt will get the confidence to move ahead and Quash the FIR and stop investigation wereas it can order the EOW to handover the Website to the Mediator ....................... Simultaneously Thane and Raigad Cases will also get Quashed........... AP case has no more strength left in it........... Exit option process will catch the pace and Writ will get dissolved soon after the  Company will Deposit the Said Amount disclosed by the Mediator and Instead company dont have to wait untill all the exit optioners will get the money...

HAPPY JUNMASHTMI TO ALL SPEAK ASIANS FRIEND'S 

It is submitted that an amount of Rs. 50,16,44,833/- plus interest is lying invested in F.D.R. for 91 days on autorenewal basis which is going to mature on 23.8.2012. http://courtnic.nic.in/supremecourt/querycheck.as p This is Computer Generated Date Prepone is Possible

MATTER FOR 8.8.2012 COURT NO. 10 ITEM NO. SEC.X IN THE SUPREME COURT OF INDIA CIVIL ORIGINAL JURISDICTION WRIT PETITION ( CIVIL) NO. 383 OF 2011 (UNDER ARTICLE 32 OF THE CONSTITUTION OF INDIA) WITH INTERLOCUTORY APPLICATION NO. 1 (APPLICATION FOR STAY) WITH INTERLOCUTORY APPLICATION NO. 2 (APPLICATION FOR IMPLEADMENT FILED BY BY MR. VIVEK SINGH, ADVOCATE) AND INTERLOCUTORY APPLICATION NO. 3 (APPLICATION FOR IMPLEADMENT FILED BY MR. AMIT ANAND TIWARI, ADVOCATE) AND INTERLOCUTORY APPLICATION NO. 4 (APPLICATION FOR IMPLEADMENT FILED BY MR. JITENDRA MOHAN SHARMA, ADVOCATE) AND INTERLOCUTORY APPLICATION NO. 5 (APP

Update from Corporate Marketing Team                                                                                                                                                                Dear SpeakAsians, On the application of SpeakAsia, the Honorable Bombay High Court has instructed to The Reserve Bank of India to study the business model of SpeakAsia and give its opinion in 8 weeks time. We hope that this be a step towards resuming our operations at the earliest.  Warm Regards, SpeakAsia Corporate Marketing Team

Speakasia WRIT against RBI disposed off by Bombay High Court in favor of the Company. RBI given time of 8 Weeks to take decision in the SAOL matter. Video info: This video shared by Mr. Aman Azad and AISPA Secretary Mr. Ashok Bahirwani is in this video. Update on RBI Matter in Bombay High Court 2nd August 2012 Speakasia WRIT 1523/2013 against RBI Video published date: 02/08/2012 Language : Hindi and English

    The matter was heard today and RBI was represented by Mr. Dariuss Khambata, The Attorney General and he asked for time for RBI to come to a conclusion. The Court has given RBI time of eight weeks . The time is long but atleast RBI is now time bound to decide in two months time a matter which they have been delaying for so long and this is in our favour . Detailed update on both the hearings will be available after tomorrow's hearing on www.aispa.co.in Thanks & Regards, Admin

High court display board: http://bombayhighcourt.nic.in/displayboard.php?auth=Y250PTImb2xkdGltZT0xMzQzODg2NzQy I wish all my Brothers and Sisters a Very Happy and Memorable Raksha Bandhan 2012. My blessings and love are always with you!! Wishes from, Arvind, Shiv, prasad, deepak, hari