According to Bombay High Court Web-Link
According to Bombay High Court Web-Link , 30-7-2012
Today is Hearing in Bombay HIgh Court !
This court had ordered RBI last year in June to assess Speakasia’s module
and if found legal to permit it
and then RBI had meetings with SAOL
and Company also provided whatever documents that were asked by RBI .
Since no response has been received from RBI .
So this Writ has been moved.
this case is very important for business restart.
Detailed update will come soon.
Thanks & Regards,
Admin
Lawyers of SAOL should bring the matter to the court as to why RBI was silence since June, 2011 if they were asked by court for a reply from their end. Why the court should give dates and dates again and again since the company is willing to pay and it is a question of livelihood of 20 lakhs people? As a good citizen of India I do hope that every body has the right to ask a question. Please bring these matters in the court. Why should we die for a system like this?
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