Dunlop India shareholders are cheated and looted by the management of the company by stripping company's assets worth Rs 2600 Crores (Rs 26000 Million) and selling them to their own group companies for no consideration and thus has deprived millions of its share holders of their wealth, The Director's and Promoters have not only cheated the Shareholders but also its workers and creditor's by not paying them their legal dues, these are not my views, the Judgement of the Hon'ble High Court of Calcutta states so, based on the evidence placed on record before it.But what is more alarming is that a handful of people are indulging in daylight robbery while millions of people are mute spectators to this whole episode.
A copy of the said Judgement H.C. Calcutta by Hon'ble Justice Sanjib Banerjee is appearing in the Home page of this blog and the PDF version is also download able and can be viewed, The said Judgement is a must read.
Please click the following links to view the order.
http://indiankanoon.org/doc/79842673/
A copy of the said Judgement H.C. Calcutta by Hon'ble Justice Sanjib Banerjee is appearing in the Home page of this blog and the PDF version is also download able and can be viewed, The said Judgement is a must read.
Please click the following links to view the order.
http://indiankanoon.org/doc/79842673/
Or
https://skydrive.live.com/?cid=CFE2AF0999D20FD3&id=CFE2AF0999D20FD3%21105#cid=CFE2AF0999D20FD3&id=CFE2AF0999D20FD3%21108
The shareholders of Dunlop India Ltd are suggested to make on-line complaints to initiate criminal proceedings against the Promoter and Directors of Dunlop India to SEBI and to the Ministry of Corporate affairs.
The shareholders of Dunlop India Ltd are suggested to make on-line complaints to initiate criminal proceedings against the Promoter and Directors of Dunlop India to SEBI and to the Ministry of Corporate affairs.
For registering your on-line complaints to SEBI, please click link http://scores.gov.in/ and email to sebi@sebi.gov.in
Also lodge a complaint with the Ministry of Corporate affairs click link http://www.sfio.nic.in/ and also lodge grievance on click link http://pgportal.gov.in/.
In case if the links are not working please send email to the following IDs hq.delhi@mca.gov.in ,oandm.dca@sb.nic.in, rd.east@mca.gov.in,
rd.south@mca.gov.in, rd.north@mca.gov.in, rd.west@mca.gov.in, rd.northwest@mca.gov.in
rd.south@mca.gov.in, rd.north@mca.gov.in, rd.west@mca.gov.in, rd.northwest@mca.gov.in
The shareholders of Dunlop India Ltd are requested to participate in large numbers by lodging complaints and send emails to SEBI and the Ministry of Corporate affairs.to prevent any further damage to the company assets by the Promoters and the Directors of the company.
Please don't wait Act immediately.
Supreme Court has given stay on winding up order. Hearing was done on 30-July-2013 and here is the matter . [check the case status at supreme court case website = Petitions for Special Leave to Appeal (Civil) Nos.18265-18266/2013]
ReplyDelete-----------------------------------------------------
UPON hearing counsel the Court made the following
O R D E R
In view of letter, dated 29th July, 2013, circulated by
learned counsel for the petitioner, let the rejoinder affidavit
be filed within four weeks.
List the cases on 4th September, 2013.
-----------------------------------------------------
Operative part of the ORDER-
ReplyDelete" In the meantime judgment and order of the High
Court shall remain stayed but the petitioner company
shall not create any third party rights or dispose of
any property which is in the name of the company. The
Special Officer shall continue to prepare the
inventory of the assets and will remain in possession
of the same.
Post it for final disposal on 30.7.2013."
Sir,
The Hon'ble Calcutta H.C is fullproof difficult for Dunlop to come out of it. Lets see on 29 Oct 2013 the next day of hearing.