Thread: Fraud by shri resort" a unit of Shree Om Sai Nath Car On Rent Pvt,

18:54 HRS IST New Delhi, Feb 5 (PTI) A city court today said that it would hear on February 12 the bail plea of the managing director of a Delhi-based finance company, accused of duping investors of around Rs 2,000 crore.

Additional Chief Metropolitan Magistrate Ajay Pandey said that the arguments on the bail application of accused Rupesh Verma, who is in jail since December 19, 2009 would be heard on the next date of hearing.

The accused has said that no purpose would be served by keeping him in jail as his interrogation was over.

Police, meanwhile, informed the court that the accused has so far not provided the list of persons who had invested in the firm.

Two FIRs have been lodged against Verma, managing director of Delhi-based M/s Shri Om Sai Nath Car On Rent Ltd, and his firm on the charge of cheating and misappropriation of funds.

Dear Friends,


I am also one of the investor like you. Is there any confirmation that if Rupesh verma will get bail, he will pay us back our money. How every person will get to know that Rupesh verma has got the bailed or not???
I have taken loan,and as now i am not getting payment,so it is becoming very difficult for me to repay the loan. Plz guys, keep updating whatever news u get to know,so that we everyone are aware of the happenings.

Arshi khan,
Lucknow,
9838965679

Plzzzzz attention all
jo log FIR na karane ke liye kah rahe hain aur jo rupesh verma ke dalal yahan me uske favour me afidadavit dene ko kah rahe hain unse kewal ek bat janna chahta ho agar kisi me himmat hai to ye advocate aur rupesh ke dalal ye bata sakte hain ki ki rupesh verma ke pass total kitne assets aur cash in hand hai. unko sabhi ko kitna rupaya dena hai. rupesh verma ye paisa kahan se denge.
jo log kah rahe hain rupesh business contineve karna chahte hain unse mera kahna hai ye ap bhi jante ho aur mai bhi janta ho ki ab compney me koi ek rupye ka invest nahi hone wala. to continew ka kya matlab hai. kewal vakil sahab ye batayen kitna paisa sabhi investor ko dena hai. rupesh ke pas kitna paisa hai aur kahan hai. court bhi yahi mang rahi hai. favour ki bat karke sabko bewkoof banane ki koshish mat kijiye. kab tak bewkoof banaoge. kya compny ki balance sheet net per dal sakte ho. unke sabhi account me kitne rupye hai bata sakte ho. kitni assets hai compney ke pas bata sakte ho. jo court mang rahi hai vo dikhao court ko aur investor ko satisfy karo. bewkoof banaker favour me afidavite mat mango. rupesh de dalalo bata sakte ho. agar bata do to mai kam se kam 10 fir wapas kara sakta ho. lucknow me. vakil sahab bataoge.

maine isi forum me para hai ki compney ke pas 20-25 crore cash hai. kuch carore ki assets hai. dena hai 350 crore se adhik. to kya rupesh verma hum log jaise aur naye investor ko bewkoof banaker paisa wapas karenge. kya koi ab is compney me invest karega. khair ye to hona hi tha. sab log apne paise ke bare me sochna band kar do. kuchh nahi hone wala.
Court ko apna kam karne do. FIR KARO JAROOR KARO.
rahul mishra
lucknow

Originally Posted by Investors Desk @ SOSN

INVESTORS SUPPORT ROOPESH VERMA

ROOPESH VERMA NE KAHA, “MAINE KOI FRAUD NAHI KIYA HAI”

A couple of investors, together, from different cities reached JAIPUR, MET ROOPESH VERMA in Jail; questioned him. Roopesh Verma said: Maine Koi FRAUD NAHI KIYA. Mujhe phasaya gaya hai. Meri madat kijiye.
He said he was ONLY doing BUSINESS. He said, He took money from investors; He earned by making handsome profit from the business; He was saving for his establishment; & He was paying back to his investors as per commitments made to them;
HE WANTS THE HELP OF THE INVESTORS TO CONTINUE; TO DO THE SAME.

Roopesh informed and requested the investors to meet his new Advocate Dharmender Arya who has put up an application for Bail for Roopesh Verma. The Advocate said there were problems but expressed confidence. He also asked of the help from the investors. He showed a pile of Affidavits made by investors of Delhi.
He said that the Affidavit was drafted by him on the basis of intention of Roopesh Verma to continue to keep paying his investors as per the Contract/ Agreement.
Given here below is the draft matter:
AFFIDAVIT
I, __________________ son/ daughter/ wife of ________________________ age ___ years R/O address __________________________________________________ ___________________________________ __________________________________________________ do hereby solemnly affirm & declare as under:-
1. That I invested Rs. ____________/- (Rupees _____________________________________) Only in the Car Plan/ Resort Membership Plan in the company of Shree Om Sainath Car On Rent Ltd. located at <address of your city> __________________________________________________ _____________, vide receipt no. ___________ dated __________ and entered into an agreement dated __________ for sixty months.
2. That I have received the agreed amount/ compensation continuously since the date of agreement till Nov 2009 as per terms & conditions of the agreement.
3. That I am satisfied with the company & want to continue the agreement if the agreed amount is to be made by the company continuously in future till the expiry of the contract.

Deponent

Verification:-
Verified at <name of city> on this date __________ that the contents of the above Affidavit are true and correct to the best of my knowledge & nothing material has been concealed therefrom.


Notary Seal Attested
Notary Public


Advocate Dharmendra Arya has seeked the help of the investors. Kindly send the above Affidavit to reach the Advocate’s office address by 10th February, 2010 in maximum numbers:-
Mr. Dharmender Arya – Advocate
239, Lawyers Chamber,
Patiala House, New Delhi.
Those investors who have faith & want the company to continue & who are prepared to give time for this activity for benefit of your city. Kindly email your contact details to supportroopeshverma@gmail.com. We will definitely call you.
Yours in support investorsdesk @ SOSN.

To all the investors of SOSN, run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav;

Let the good sense prevail !!!

FIRST, LET US ALL APPLAUD THE PEOPLE WHO WERE THE REASON THAT HAS PUT RUPESH VERMA IN JAIL.

SECOND, WE INFORM YOU, AGAIN; THAT; THIS IS AN EFFORT BY INVESTORS OF SOSN WITH THE INTENTION TO COMPILE THE SENTIMENTS OF THE INVESTORS, THEIR RIGHTS, RESPONSIBILITIES & MISTAKES & TO ADVICE EACH OTHER. The effort is with the purpose that EVERY THING SHOULD BE IN THE CONTROL & SUPERVISION OF THE INVESTORS.

OUR ASSESSMENT:
No miracle will happen??? Nothing is going to happen on its own??? So ………
DO NOT WAIT; to take action against SOSN run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav. There is hope for all of us investors. Time is running out.... A forum of investors, in all parts of the country, should be formed to do some constructive work. Region wise groups should be formed and a lawyer be hired, start our own LEGAL activity. BECAUSE, Where are the other Verma Brothers Amit, Sumit, Mohit and & Sanjeev Shrivastav who are partners in the business (in CRIME?) with Roopesh Verma & who together managed the affairs of SOSN? Amit was the Chairman & all others were Directors of SOSN. We are unable to understand why only Roopesh Verma has been arrested. Why are there are no complaints against the other directors of SOSN that which was run together & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav. The police officials are supposed to have said "Accounts of sister companies of SOSN are being analyzed to examine the flight of funds," & "the role of other Directors of these companies and Roopesh Verma's family members, is also under investigation". Was this is a one man company?

We all have lost a lot of time and this is not a small problem. We should stop panicking and should work to recover lost time; to solve this problem. Let us understand the criticality of the situation. Let us all unite together for the CONDITIONAL release of Mr. Rupesh Verma. It is a race against time. All have to come forward, use all available resources & take help from all possible sources.
All have to work together because delaying the release altogether will harm the interest of all SOSN investors. And, also that, cooperating with the authorities viz. the police, the EOW, etc. in completing its investigations is going to be in the basic interest of the investors.
We have to convince the Honorable court to give bail to Mr. Roopesh Verma, but it should be conditional. Otherwise, because it is going to be very difficult collect the pieces piece by piece Roopesh Verma, may raise his hands and say that is not a position to pay to all investors of SOSN – until now run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav, because he has not been able to look after his business and all the earning sources have been closed by now. He will have to declare himself as a bankrupt. And after declaring himself as bankrupt neither police/ EOW nor the court will be in a position to arrange to pay anything to any of the investors of SOSN – until now run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav.

THE THOUGHT BEHIND THE NAME OF THE EFFORT, “INVESTORS DESK @ SOSN”:

TAKE CHARGE OF THE SITUATION BY OCCUPYING THE OFFICES OF SOSN. FORM GROUPS BY CONTACTING & INFORMING EACH OTHER TO CONGREGATE AT ALL THE OFFICES OF SOSN IN THEIR RESPECTIVE CITIES. MEET THE AUTHORITIES WHO HAVE CLOSED/ LOCKED THE OFFICE PREMISE OF SOSN TO REQUEST THEM ALLOW THE USE OF THE OFFICES OF SOSN FOR THE PURPOSE OF MEETING BY THE INVESTORS. WHAT BETTER PLACE TO MEET & CHALK OUT THE PLAN OF ACTION TO PROTECT THE INTEREST OF US INVESTORS? TELL THE AUTHORITIES THAT IT WILL BE INTEREST & SUPPORT OF THE INVESTIGATIONS BEING DONE BY THEM. TELL THEM THAT IT WILL HELP THEM TO KNOW MORE ABOUT EVERY HAPPENING. LAST BUT NOT THE LEAST, EVERY THING WILL BE IN THE CONTROL & SUPERVISION OF THE INVESTORS. THIS CAN & WILL CONTINUE WHEN ROOPESH VERMA IS ABLE TO START HIS OFFICE. IF THAT HAPPEN IT GOING TO BE SURE THAT HE BEEN MADE A BAKRA BY HIS BROTHERS.

THE THOUGHT BEHIND THE INTENTION, “SUPPORT ROOPESH VERMA”:

TO REQUEST THE COURT AND OTHER AUTHORITIES TO GIVE CONDITIONAL BAIL. WE ARE SURE THAT ALL THE PROPERTIES ARE STILL NOT IN FRONT OF EVERY BODY. RELEASE ON CONDITIONAL BAIL AND THE CONTROL BY HAVING AN “INVESTORS DESK @ SOSN” WILL HELP FACILITATE TO FIND OUT THE OTHER PROPERTIES BECAUSE LIST/ DETAILS OF THE ASSETS/ PROPERTIES IN FRONT OF US VIA THE COURT, ARE NOT GOING TO BE SUFFICIENT & ENOUGH TO PAY ALL THE INVESTORS.
When we read the Affidavit’s made & given by investors of Delhi, we saw sense in what was pointed out by Advocate Dharmender Arya that it was conditional in the sense that it mentioned the important fact about Roopesh Verma’s intention to run the business and his intention to pay to all the investors the complete amount as per the Agreement & the contract period of 60 months & that the support was based on this CLEAR CONDITION. We were convinced by what and way Advocate Dharmender Arya told us.
BUT, HOW IS HE IS HE GOING TO RUN THE BUSINESS?
IT IS CLEAR THAT ALL the other Verma Brothers Amit, Sumit, Mohit and & Sanjeev Shrivastav ARE UNDERGROUND & ABSCONDING WITH THE MAJOR CHUNK OF “OUR HARD EARNED MONEY”.

OUR CONCEPT OF “CONDITIONAL BAIL”:
PUT PRESSURE ON THE POLICE/ EOW TO DIG OUT and GET ARRESTED the other Verma Brothers Amit, Sumit, Mohit and & Sanjeev Shrivastav who are partners in the business (in CRIME?) with Roopesh Verma. Simultaneously & before that, “FORCE ROOPESH VERMA THAT THE WHOLE VERMA FAMILY SHOULD BE BROUGHT IN COURT”. It will be the best to make him open up with the truth.

TWO POSSIBILITIES as per our investigation are:
1) It is a game plan of ALL the Verma Brothers Amit, Sumit, Mohit and Roopesh along with Sanjeev Shrivastav.
2) Roopesh Verma has been made a “BAKRA” by his “so called brothers” (WE HAVE COME TO KNOW THAT Roopesh Verma is the only son of his parents having one sister; but, Amit, Sumit & Mohit are real brothers & THEY MAY HAVE SET HIM UP FOR ALL HIS HARD WORK, INTEGRITY & HONESTY). We want to believe option 2, because in any case the family has run away with our hard earned money. Time will prove and tell whether Roopesh Verma is part of the game

LIST OF THE UNITS AS MENTIONED IN THE BROCHURE OF SOSN which was together being run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav says; (1) Swiss Cabs, (2) Shree Resorts, (3) Shree Sai Cine Vision Pvt. Ltd., (3) Shree Om Sai Nath Construction Pvt. Limited, (4) Swiss Music. (5) It further says that they are planning to launch their own charter aircrafts in the name of Sai Airways. It is mentioned that they started their business in 1998 as a Travel Agency renting cars to BPO’s, converted to a Private Limited Company in 2006 and further converted in 2007 to a Public Limited Company with ISO 9001 certification.

Below are raw ideas and being put up by investors in the interest of all the investors? All investors should also come forward to make an Investor Forum so such repeat of events does not take place and company can be directed to manage its resources better for the benefit of all. There might be some experienced investors who must have the knowledge about court and bank procedures. Surely, some of us are also from the law and order background. Right now we are standing here in the same platform and the destination of everyone is the same. We should not provoke people to do anything wrong at this stage. Please come forward and help us to help each other.

AND had appeared the news that “A private investment group claimed to have suffered a huge loss due to the acute apathy of Axis Bank, and blamed the bank for issuing of duplicate cheques that eventually bounced”.

SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav, represented by the Managing Director of the company, during the conference, distributed some copies of cheques and his company’s correspondence with the bank to substantiate his allegations with ‘proof’. He showed to the media that the bank has issued two different cheques of exactly same number to two different people. He claimed that though the bank acknowledged their mistake but they refused to take any action. HE DID NOT SAY HOW MANY CHEQUES.

"Does the problem really exist?"
Axis Bank has not come forward and reacted to the allegations made by the MD of SOSN in the News Conference on 16-11-2009. Why is the Bank silent till now? How can such a reputed bank commit such a silly mistake? Will the bank not loose its credibility? AXIS bank is a reputed Bank and they will not do anything to defame their image but fact remains that till today the Axis Bank has not cleared its stand on the allegation by SOSN and the staff of Axis Bank is avoiding any direct reference on the issue. Surely, it would have increased the image of Axis Bank if they had cleared their position about the allegations by SOSN - together run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav, represented by the Managing Director of the company. Still, why has Axis Bank not reacted and replied to the allegations made against them? Can any one accept such allegations silently like this? Is it because there was no mention of Axis Bank in the notice issued by SOSN in the news papers? Remember? The PUBLIC NOTICE had said something like, MISTAKE / ERROR on part of a certain bank. What about the reports in the news papers?

Has Axis Bank decided that they will answer ONLY to the proper authority when the question is put in front of them by such an authority and not answer in public to foolishly made allegations?

Was it shortsightedness/ mismanagement? Or was it something else?
If SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav had no intention of committing a fraud and all this (misguiding the investors about fraud by axis bank) was not part of a thought about plan then why did SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav who was always sending SMS’s for promotion of their investment plans did not inform the investors about this problem through SMS/ other means? Was it that there has been no cheating by axis bank? Could it not be true that this Axis Bank mistake is a story created by SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav to mislead people and to take time to wrap up their business? If their intention was straight they would have communicated to its investors and made them aware about the TRUE FACTS and no misbehavior of the investors with the staff members and its management would have taken place. Was this also not done because they were hiding something or they had planned to hide permanently? Was it something very well planned by SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav? We are all discussing about the two ladies who are supposed to have slapped Mr. Roopesh Verma, MD of SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav in the Front of the Public. There is a thought that if they had not slapped him, this situation would not have been. No body knows what is true. Lot of the people feels that the ladies were the employees of Axis Bank. Is it not possible that THESE LADIES WERE PLANTED BY THE ABSCONDING VERMA BROTHERS AMIT, SUMIT, MOHIT along with SANJEEV SHRIVASTAV to phasao Roopesh as part of “THE VERY WELL THOUGHT ABOUT PLAN?” If YES, then, let’s not worry much about them because definitely these two ladies followed instructions of their bosses in creating the scene to set rolling this phase of their plan.

Please put your attention to:
-Where are ALL the other family members?
- SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav did not do what they should have done, i.e. continue to pay the money individually instead of starting the process of ECS thru NEFT (it could have been short, but we know the facts in front of the court that money was there).
- SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav has not attached the proof/ copy of the documents on their website of having given instructions to Axis Bank and their not having complied, for info of the investors.

It should be clear that any high return investment has high risk also. Now just by writing panic message what do we people want to achieve? This does not mean that we should let SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav be free; we should understand the risk situation by giving time to the authorities and cooperate with them to handle it. We believe that if any court in India finalises/ give orders/ verdict it will be applicable all through out the country and also that the court will not give money only to those who have filled complaints; every investor will be given enough time to file claim after the court orders and get their money without getting into the hassles of police complaint and/or lawyers’ cost.

The suggestion is wrong that if you lodge complaint now there would be no chance of getting your money early & soon. Instead, if you wait for another few days for him to be out then by that time there might not be a possibility of getting your money back. We all should unite & demonstrate for the conditional release of Mr. Roopesh Verma, otherwise the situation will get worse & all chances of investors to get anything will be hindered. Justice Delayed will be Justice denied.

Do we give some time to their advocates? First Senior advocate Ramesh Gupta, appearing for Verma, had said "no purpose would be served by sending the accused behind the bars as the company was capable was paying back the dues of its investors. Then all of us had read that some of the most renowned Advocates of Delhi like Mr. Harshvardhan Khurana, Mr. Ranbir Singh Kundu are working on the case, and expected that Roopesh will get out and start running his business, soon. But, NO SUCH THING HAS HAPPENED. But we have been told now that it is not true. And NOW there is a new Advocate handling the case & his name is Adv. Dharmender Arya.

Right now there appears to be an Investor v/s Investor fight. We should not accuse each other calling names to those that have talked any good & positive towards SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav. But, we should also not wait and watch. It would not be wrong if the investors will probably decide to do both; i.e. 1) file an affidavit giving conditional support & 2) lodge a complaint to EOW against all of SOSN run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav including and stating that fact that they had given conditional support. It surely is not going to be that the one who will lodge complaint will get money and those who wait for court verdict will get nothing. It is wrong to feel that we can't get any money unless Rupesh Verma is released but it is sure that Rupesh Verma can not be released unless he agrees to and informs the court how he is going to pay to his investors. AND, also, it will be over confidence to feel that Rupesh Verma can not be out of jail unless investors want it to happen. Instead, it is for investors to create a situation that he should not be allowed to come out as it is necessary for him to prove his intentions to pay. Roopesh Verma is himself appears to be looking forward to come out and is requesting the investors to support him so he can start paying the returns/ money and that he wants to run his company. He has also asked to have patience and faith and that everything is going to be normal. If there is consensus we should create an opportunity for him to prove his integrity, by requesting the honorable judge that he should give conditional bail and for that we all should all extend our support. The representative’s, viz. lawyers etc. of Roopesh Verma should in conjunction wuth this forum put up before the honourable judge along with conditional bail application and we all should support him if this intention is proved. In that case the Investors and the Management together would be able to resolve the matters and probably keep the company going on forever.

We are told the accused is entitled to bail which no one can oppose if the police/ EOW does not file its charge sheet within 90 days. So we should not waste time. If no submission is made in the presence of the COURT and if Roopesh Verma secures bail of any sort, HE will also abscond and join up with his accomplices/ brothers and hold up in some country across the world with a duplicate passport. Shayad bana ke bhi rakha hoga……

THEN WHERE ARE WE INVESTORS GOING TO BE REMAINING. IN RUINS …… IN DISASTOR…... any other options???

One more thing:
For those of you who have a car registered in your name and want it in your possession. First check if it is in the parking lot locked by EOW. Then, You can get your vehicle by visiting EOW office of your city along with a written application (attach copy of your Agreement) mention all the facts of your transactions with SOSN, viz. The amount & date you invested, the amount that was receivable by you for every month, the month up to which you received the amount, the total amount received and the total amount balance and receivable as per the terms of the agreement.

The Investigation Officer of EOW appointed for this purpose will scrutinise your application and forward you to the appropriate court on whose order the EOW will release and handover your vehicle to you.

FOR ALL THE OTHERS, FORM AND BE PART OF A FORUM IN YOUR CITY AND FIGHT FOR YOUR RIGHT AND YOUR HARD EARNED MONEY.

Presently we are involved in the positive activity of securing the interest of the investors simultaneously taking care of our routine day-to-day affairs. We are not adverse but it is not practically possible to attend to telephone calls at this juncture because we still do not know whether our effort will be appreceated and whether the investors will be interested to create a desk in every city. If some concrete structure appears we will definitely want to work together with and for all the investors of all over India.

Information from Jaipur is that Roopesh Verma’s custody has been extended up to the 22nd.

Information from Delhi is that 11th is the date for the hearing of judicial custody and also for the bail application.

Information from Mumbai is that EOW will bring Roopesh Verma here after investigation is through at Jaipur.

If you have faith and want to support the investors effort in the direct interest of the investors, then email mail your thoughts, sentiments & advice to

Email:
supportroopeshverma@gmail.com

Yours in support investorsdesk @ SOSN

Originally Posted by Unregistered

Dear Friends,

I am unfolding the events as it has happened since November 2009 in Delhi.

1. Shortage of stationary - Axis Bank, Lajpat Nagar Branch is not supplying enough stationary (Reason not known, may be the SOSN might have come to know of same series print, Axis Bank had not given any satisfactory reply)
2. Cheque bounced of quiet a number of Investors - Action taken - Axis bank, Lajpat Nagar Branch blamed for same series issue of cheques & fraudulent withdrawal by someone (Photocopies of same series cheques pasted in office) prompt service - dishonoured cheques deposited ECS done with in 10-15 days)
3. Press Conference held on 17th November 09 - Axis Bank blamed in media with copies of same series cheques shown to media. Also Public Notice in SOSN website placed.
4. All investors through a Notice in News paper and other ways informed to submit postdated cheques issued to them - Investors given unclear picture of ECS dates some told 10th December others 20th and many 25-30th December 09.
5. Many were not been able to get the information as they were staying in far flung areas and also there cheques in November not bounced - luckily mine cheques were dishonored and I got to know.
.............

All Investor friends those who have filed a complaints, those who are in process of filing complaint or those who have not filed any complaint and also those who wants to give affidavit of support & even those who are neutral; I can only say one thing that we all today are victim of circumstances but together we all have to decide our future course of action, which could be

a) We wait for the judicial system to take its own time & give us verdict.
b) We impress upon the court that our motto is of running of SOSN & get our money back as promised in the contract/agreement.
c) We make some out of court settlement & get our money back may be through sale of SOSN assets or by any other better means.

Decide yourself

An Investor with very limited means

To all the investors of SOSN, run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav;

Let the good sense prevail !!!

Dear All,

I have always supported the idea of Investors Forum and collective approach from representatives selected of state/city SOSN Investors Forum to meet centrally & decide common actions. Investor friends who have made complaints/FIR & those who have not both should be part of the forum but with a common goal to get our returns/profit as per contract & agreement.

Though sometimes it seems that the returns given by SOSN in its various schemes are very high NO it is not because

1. Any good business running man can give such returns they sometimes earn as high as 15-20% PM.
2. The amount given to investors car & resort schemes includes principal amount making average pm returns much lower than it seems.
3. Short & Long term investments in few businesses give very attractive returns which compensates more then what is given back to investors.
4. Doing business if you have good investments coming your way is very easy along with laws of the land gives ample concessions, lower tax regime and other support.
5. Any businessman who plans & manages everything professionally & have good trained & skilled staff can manage the show.

In SOSN case the 5th point was missing. I fully agree with the supportroopeshverma@gmail.com that now we should come out of our closets and manage the show professionally. The best would be let the court gives conditional bail to roopesh verma put him under house arrest to run the business with the help of the SOSN Investors Forum so he is under constant surveillance of court.

I also agree that police/EOW any way how much they want to help will definitely have their own limitations and also they are not concerned whether an investor gets their money or not. The court will also take its own time or otherwise might take lenient view of all affidavit of support given by investors (as the affidavit clearly mentions in point 3. That I am satisfied with the company & want to continue the agreement if the agreed amount is to be made by the company continuously in future till the expiry of the contract.) and gives bail to Mr. Roopesh Verma.

I AM ALSO OF SERIOUS OPINION THAT IF LARGE NO.S OF INVESTORS APPLY FOR RETURN OF PRINCIPAL AMOUNT IT WILL DEFINITELY MAKE THE COMPANY DOOMED TO FAIL IRRESPECTIVE OF ANYBODIES EFFORTS AND WILL RESULT IN IRREPARABLE LOSS TO EVERYONE; SO WE SHOULD LET THE COMPANY BEGIN ITS NORMAL PROFIT/COMPENSATION MODEL OF RETURNS PER MONTH AND HELP THE COMPANY SUSTAIN TO RIGHT LEVEL.

Even if we try & put all other directors, chairman, CEO, Sr. Employees, Branch Managers & other Managers behind bars it will not lead to desired solutions because then they also require bail to come out & work in tandem with Mr. Roopesh Verma to run the company. Their have already been complaints/FIR against them police might be investigating. Their names should also be mentioned in the conditional bail and/or direction by the court to full-fill their obligations.

Now lets Forget about Whether It was staged by Mr. Roopesh Verma, Why other people are not arrested, About their sister concerns like Swiss Cabs, Shree Resorts, Shree Sai Cine Vision Pvt. Ltd., Shree Om Sai Nath Construction Pvt. Limited, Swiss Music & launch of Sai Airways etc. and even IPO, forget about someone made Bakra by other brothers and even doubting any investors intention and even Axis bank role for that matter(though it has been the turning point).

Unfortunately a true representation by Investors Forum is yet to take place;

First thing we need to do is to impress upon court (may be through affidavit of support & submission of working business model of returns per month based on the assets & earning of SOSN) to take an appropriate decision in favour of Investors and allow Mr. Verma to start his company (de-seal offices, control of frozen accounts & money in it) under its direct supervision and representatives of SOSN Investors Forum.

Second release 1 month returns/profit/compensation to hand to mouth investors first if court permits & sufficient cash is their.

Third work out a Satyam type takeover if Mr. Roopesh Verma is unable to deliver on its promise and let the assets managed by Investors Forum.

Lets not forget it is our hard earned money we should not loose it by just fighting between ourselves & making assumptions that every thing will solve by itself. The Investor Forum should also register itself & open an Account & every investor deposit Rs.100/- as membership/support fee and if some investors can deposit/donate more let it be; as their going to be expenses incurred by the Forum.

Come forward & join the forum now.

I really do not care about if he is in jail or anything. And dont even care about lounching an FIR against this rupesh. What i need is my money. I think we people together can fight for our hardearned money. People who are trying to protect this Rupesh has already got thier money i believe. That is the reason they cannt feel the trouble and pain caused to us. If he is in jail, am sure he must be provided with all his daily needs and luxuries. So why cannt his advocate take his signs in jail itself and proceed for peoples payments. Why cannt they just take the execelsheet having data of clients in each branch and call them along with their agreements. Why are they taking soo long? Those cheaques were only source of income for me. Now its gone. I am frustrated to my endth and just want money back.
With this i am not getting job being MBA 1st class. It says we are in recession. What the F***. If people like Rupesh Vermaare in big chairs then there is big chance my country is soon dead. And they feel we are not capable of handling the resposibilities because we are honest and hardworking. AND see the hardwork these people do.
I just need my money back Rupesh Verma.
Pune
Miss APO

Very well drafted appeal submitted keeping in mind the interest of all the concerned Investors. Now, what I find is that everything point has a logical connection with the other probably with many reasoning at times. The only question which comes to my mind while going through this draft is - How should we all unite? There are many investors who are reluctant to come forward due to many reasons well known to them. Investors coming from different sections of this country makes this job even more tougher.

So my only question is - Do you have a concrete blue print of uniting & forming the Investors Forum at different cities probably at close vicinity of SOSN offices?

If you have chalked out a plan then please come up with that as I am also supporting your view that time is seriously running out & we have to do the right things at right time or else everything else might be gone for ever.

Originally Posted by Investors Desk @ SOSN

To all the investors of SOSN, run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav;

Let the good sense prevail !!!

FIRST, LET US ALL APPLAUD THE PEOPLE WHO WERE THE REASON THAT HAS PUT RUPESH VERMA IN JAIL.

SECOND, WE INFORM YOU, AGAIN; THAT; THIS IS AN EFFORT BY INVESTORS OF SOSN WITH THE INTENTION TO COMPILE THE SENTIMENTS OF THE INVESTORS, THEIR RIGHTS, RESPONSIBILITIES & MISTAKES & TO ADVICE EACH OTHER. The effort is with the purpose that EVERY THING SHOULD BE IN THE CONTROL & SUPERVISION OF THE INVESTORS.

OUR ASSESSMENT:
No miracle will happen??? Nothing is going to happen on its own??? So ………
DO NOT WAIT; to take action against SOSN run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav. There is hope for all of us investors. Time is running out.... A forum of investors, in all parts of the country, should be formed to do some constructive work. Region wise groups should be formed and a lawyer be hired, start our own LEGAL activity. BECAUSE, Where are the other Verma Brothers Amit, Sumit, Mohit and & Sanjeev Shrivastav who are partners in the business (in CRIME?) with Roopesh Verma & who together managed the affairs of SOSN? Amit was the Chairman & all others were Directors of SOSN. We are unable to understand why only Roopesh Verma has been arrested. Why are there are no complaints against the other directors of SOSN that which was run together & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav. The police officials are supposed to have said "Accounts of sister companies of SOSN are being analyzed to examine the flight of funds," & "the role of other Directors of these companies and Roopesh Verma's family members, is also under investigation". Was this is a one man company?

We all have lost a lot of time and this is not a small problem. We should stop panicking and should work to recover lost time; to solve this problem. Let us understand the criticality of the situation. Let us all unite together for the CONDITIONAL release of Mr. Rupesh Verma. It is a race against time. All have to come forward, use all available resources & take help from all possible sources.
All have to work together because delaying the release altogether will harm the interest of all SOSN investors. And, also that, cooperating with the authorities viz. the police, the EOW, etc. in completing its investigations is going to be in the basic interest of the investors.
We have to convince the Honorable court to give bail to Mr. Roopesh Verma, but it should be conditional. Otherwise, because it is going to be very difficult collect the pieces piece by piece Roopesh Verma, may raise his hands and say that is not a position to pay to all investors of SOSN – until now run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav, because he has not been able to look after his business and all the earning sources have been closed by now. He will have to declare himself as a bankrupt. And after declaring himself as bankrupt neither police/ EOW nor the court will be in a position to arrange to pay anything to any of the investors of SOSN – until now run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav.

THE THOUGHT BEHIND THE NAME OF THE EFFORT, “INVESTORS DESK @ SOSN”:

TAKE CHARGE OF THE SITUATION BY OCCUPYING THE OFFICES OF SOSN. FORM GROUPS BY CONTACTING & INFORMING EACH OTHER TO CONGREGATE AT ALL THE OFFICES OF SOSN IN THEIR RESPECTIVE CITIES. MEET THE AUTHORITIES WHO HAVE CLOSED/ LOCKED THE OFFICE PREMISE OF SOSN TO REQUEST THEM ALLOW THE USE OF THE OFFICES OF SOSN FOR THE PURPOSE OF MEETING BY THE INVESTORS. WHAT BETTER PLACE TO MEET & CHALK OUT THE PLAN OF ACTION TO PROTECT THE INTEREST OF US INVESTORS? TELL THE AUTHORITIES THAT IT WILL BE INTEREST & SUPPORT OF THE INVESTIGATIONS BEING DONE BY THEM. TELL THEM THAT IT WILL HELP THEM TO KNOW MORE ABOUT EVERY HAPPENING. LAST BUT NOT THE LEAST, EVERY THING WILL BE IN THE CONTROL & SUPERVISION OF THE INVESTORS. THIS CAN & WILL CONTINUE WHEN ROOPESH VERMA IS ABLE TO START HIS OFFICE. IF THAT HAPPEN IT GOING TO BE SURE THAT HE BEEN MADE A BAKRA BY HIS BROTHERS.

THE THOUGHT BEHIND THE INTENTION, “SUPPORT ROOPESH VERMA”:

TO REQUEST THE COURT AND OTHER AUTHORITIES TO GIVE CONDITIONAL BAIL. WE ARE SURE THAT ALL THE PROPERTIES ARE STILL NOT IN FRONT OF EVERY BODY. RELEASE ON CONDITIONAL BAIL AND THE CONTROL BY HAVING AN “INVESTORS DESK @ SOSN” WILL HELP FACILITATE TO FIND OUT THE OTHER PROPERTIES BECAUSE LIST/ DETAILS OF THE ASSETS/ PROPERTIES IN FRONT OF US VIA THE COURT, ARE NOT GOING TO BE SUFFICIENT & ENOUGH TO PAY ALL THE INVESTORS.
When we read the Affidavit’s made & given by investors of Delhi, we saw sense in what was pointed out by Advocate Dharmender Arya that it was conditional in the sense that it mentioned the important fact about Roopesh Verma’s intention to run the business and his intention to pay to all the investors the complete amount as per the Agreement & the contract period of 60 months & that the support was based on this CLEAR CONDITION. We were convinced by what and way Advocate Dharmender Arya told us.
BUT, HOW IS HE IS HE GOING TO RUN THE BUSINESS?
IT IS CLEAR THAT ALL the other Verma Brothers Amit, Sumit, Mohit and & Sanjeev Shrivastav ARE UNDERGROUND & ABSCONDING WITH THE MAJOR CHUNK OF “OUR HARD EARNED MONEY”.

OUR CONCEPT OF “CONDITIONAL BAIL”:
PUT PRESSURE ON THE POLICE/ EOW TO DIG OUT and GET ARRESTED the other Verma Brothers Amit, Sumit, Mohit and & Sanjeev Shrivastav who are partners in the business (in CRIME?) with Roopesh Verma. Simultaneously & before that, “FORCE ROOPESH VERMA THAT THE WHOLE VERMA FAMILY SHOULD BE BROUGHT IN COURT”. It will be the best to make him open up with the truth.

TWO POSSIBILITIES as per our investigation are:
1) It is a game plan of ALL the Verma Brothers Amit, Sumit, Mohit and Roopesh along with Sanjeev Shrivastav.
2) Roopesh Verma has been made a “BAKRA” by his “so called brothers” (WE HAVE COME TO KNOW THAT Roopesh Verma is the only son of his parents having one sister; but, Amit, Sumit & Mohit are real brothers & THEY MAY HAVE SET HIM UP FOR ALL HIS HARD WORK, INTEGRITY & HONESTY). We want to believe option 2, because in any case the family has run away with our hard earned money. Time will prove and tell whether Roopesh Verma is part of the game

LIST OF THE UNITS AS MENTIONED IN THE BROCHURE OF SOSN which was together being run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav says; (1) Swiss Cabs, (2) Shree Resorts, (3) Shree Sai Cine Vision Pvt. Ltd., (3) Shree Om Sai Nath Construction Pvt. Limited, (4) Swiss Music. (5) It further says that they are planning to launch their own charter aircrafts in the name of Sai Airways. It is mentioned that they started their business in 1998 as a Travel Agency renting cars to BPO’s, converted to a Private Limited Company in 2006 and further converted in 2007 to a Public Limited Company with ISO 9001 certification.

Below are raw ideas and being put up by investors in the interest of all the investors? All investors should also come forward to make an Investor Forum so such repeat of events does not take place and company can be directed to manage its resources better for the benefit of all. There might be some experienced investors who must have the knowledge about court and bank procedures. Surely, some of us are also from the law and order background. Right now we are standing here in the same platform and the destination of everyone is the same. We should not provoke people to do anything wrong at this stage. Please come forward and help us to help each other.

AND had appeared the news that “A private investment group claimed to have suffered a huge loss due to the acute apathy of Axis Bank, and blamed the bank for issuing of duplicate cheques that eventually bounced”.

SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav, represented by the Managing Director of the company, during the conference, distributed some copies of cheques and his company’s correspondence with the bank to substantiate his allegations with ‘proof’. He showed to the media that the bank has issued two different cheques of exactly same number to two different people. He claimed that though the bank acknowledged their mistake but they refused to take any action. HE DID NOT SAY HOW MANY CHEQUES.

"Does the problem really exist?"
Axis Bank has not come forward and reacted to the allegations made by the MD of SOSN in the News Conference on 16-11-2009. Why is the Bank silent till now? How can such a reputed bank commit such a silly mistake? Will the bank not loose its credibility? AXIS bank is a reputed Bank and they will not do anything to defame their image but fact remains that till today the Axis Bank has not cleared its stand on the allegation by SOSN and the staff of Axis Bank is avoiding any direct reference on the issue. Surely, it would have increased the image of Axis Bank if they had cleared their position about the allegations by SOSN - together run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav, represented by the Managing Director of the company. Still, why has Axis Bank not reacted and replied to the allegations made against them? Can any one accept such allegations silently like this? Is it because there was no mention of Axis Bank in the notice issued by SOSN in the news papers? Remember? The PUBLIC NOTICE had said something like, MISTAKE / ERROR on part of a certain bank. What about the reports in the news papers?

Has Axis Bank decided that they will answer ONLY to the proper authority when the question is put in front of them by such an authority and not answer in public to foolishly made allegations?

Was it shortsightedness/ mismanagement? Or was it something else?
If SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav had no intention of committing a fraud and all this (misguiding the investors about fraud by axis bank) was not part of a thought about plan then why did SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav who was always sending SMS’s for promotion of their investment plans did not inform the investors about this problem through SMS/ other means? Was it that there has been no cheating by axis bank? Could it not be true that this Axis Bank mistake is a story created by SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav to mislead people and to take time to wrap up their business? If their intention was straight they would have communicated to its investors and made them aware about the TRUE FACTS and no misbehavior of the investors with the staff members and its management would have taken place. Was this also not done because they were hiding something or they had planned to hide permanently? Was it something very well planned by SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav? We are all discussing about the two ladies who are supposed to have slapped Mr. Roopesh Verma, MD of SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav in the Front of the Public. There is a thought that if they had not slapped him, this situation would not have been. No body knows what is true. Lot of the people feels that the ladies were the employees of Axis Bank. Is it not possible that THESE LADIES WERE PLANTED BY THE ABSCONDING VERMA BROTHERS AMIT, SUMIT, MOHIT along with SANJEEV SHRIVASTAV to phasao Roopesh as part of “THE VERY WELL THOUGHT ABOUT PLAN?” If YES, then, let’s not worry much about them because definitely these two ladies followed instructions of their bosses in creating the scene to set rolling this phase of their plan.

Please put your attention to:
-Where are ALL the other family members?
- SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav did not do what they should have done, i.e. continue to pay the money individually instead of starting the process of ECS thru NEFT (it could have been short, but we know the facts in front of the court that money was there).
- SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav has not attached the proof/ copy of the documents on their website of having given instructions to Axis Bank and their not having complied, for info of the investors.

It should be clear that any high return investment has high risk also. Now just by writing panic message what do we people want to achieve? This does not mean that we should let SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav be free; we should understand the risk situation by giving time to the authorities and cooperate with them to handle it. We believe that if any court in India finalises/ give orders/ verdict it will be applicable all through out the country and also that the court will not give money only to those who have filled complaints; every investor will be given enough time to file claim after the court orders and get their money without getting into the hassles of police complaint and/or lawyers’ cost.

The suggestion is wrong that if you lodge complaint now there would be no chance of getting your money early & soon. Instead, if you wait for another few days for him to be out then by that time there might not be a possibility of getting your money back. We all should unite & demonstrate for the conditional release of Mr. Roopesh Verma, otherwise the situation will get worse & all chances of investors to get anything will be hindered. Justice Delayed will be Justice denied.

Do we give some time to their advocates? First Senior advocate Ramesh Gupta, appearing for Verma, had said "no purpose would be served by sending the accused behind the bars as the company was capable was paying back the dues of its investors. Then all of us had read that some of the most renowned Advocates of Delhi like Mr. Harshvardhan Khurana, Mr. Ranbir Singh Kundu are working on the case, and expected that Roopesh will get out and start running his business, soon. But, NO SUCH THING HAS HAPPENED. But we have been told now that it is not true. And NOW there is a new Advocate handling the case & his name is Adv. Dharmender Arya.

Right now there appears to be an Investor v/s Investor fight. We should not accuse each other calling names to those that have talked any good & positive towards SOSN - run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav. But, we should also not wait and watch. It would not be wrong if the investors will probably decide to do both; i.e. 1) file an affidavit giving conditional support & 2) lodge a complaint to EOW against all of SOSN run & managed by Verma Brothers Amit, Sumit, Mohit and Roopesh & Sanjeev Shrivastav including and stating that fact that they had given conditional support. It surely is not going to be that the one who will lodge complaint will get money and those who wait for court verdict will get nothing. It is wrong to feel that we can't get any money unless Rupesh Verma is released but it is sure that Rupesh Verma can not be released unless he agrees to and informs the court how he is going to pay to his investors. AND, also, it will be over confidence to feel that Rupesh Verma can not be out of jail unless investors want it to happen. Instead, it is for investors to create a situation that he should not be allowed to come out as it is necessary for him to prove his intentions to pay. Roopesh Verma is himself appears to be looking forward to come out and is requesting the investors to support him so he can start paying the returns/ money and that he wants to run his company. He has also asked to have patience and faith and that everything is going to be normal. If there is consensus we should create an opportunity for him to prove his integrity, by requesting the honorable judge that he should give conditional bail and for that we all should all extend our support. The representative’s, viz. lawyers etc. of Roopesh Verma should in conjunction wuth this forum put up before the honourable judge along with conditional bail application and we all should support him if this intention is proved. In that case the Investors and the Management together would be able to resolve the matters and probably keep the company going on forever.

We are told the accused is entitled to bail which no one can oppose if the police/ EOW does not file its charge sheet within 90 days. So we should not waste time. If no submission is made in the presence of the COURT and if Roopesh Verma secures bail of any sort, HE will also abscond and join up with his accomplices/ brothers and hold up in some country across the world with a duplicate passport. Shayad bana ke bhi rakha hoga……

THEN WHERE ARE WE INVESTORS GOING TO BE REMAINING. IN RUINS …… IN DISASTOR…... any other options???

One more thing:
For those of you who have a car registered in your name and want it in your possession. First check if it is in the parking lot locked by EOW. Then, You can get your vehicle by visiting EOW office of your city along with a written application (attach copy of your Agreement) mention all the facts of your transactions with SOSN, viz. The amount & date you invested, the amount that was receivable by you for every month, the month up to which you received the amount, the total amount received and the total amount balance and receivable as per the terms of the agreement.

The Investigation Officer of EOW appointed for this purpose will scrutinise your application and forward you to the appropriate court on whose order the EOW will release and handover your vehicle to you.

FOR ALL THE OTHERS, FORM AND BE PART OF A FORUM IN YOUR CITY AND FIGHT FOR YOUR RIGHT AND YOUR HARD EARNED MONEY.

Presently we are involved in the positive activity of securing the interest of the investors simultaneously taking care of our routine day-to-day affairs. We are not adverse but it is not practically possible to attend to telephone calls at this juncture because we still do not know whether our effort will be appreceated and whether the investors will be interested to create a desk in every city. If some concrete structure appears we will definitely want to work together with and for all the investors of all over India.

Information from Jaipur is that Roopesh Verma’s custody has been extended up to the 22nd.

Information from Delhi is that 11th is the date for the hearing of judicial custody and also for the bail application.

Information from Mumbai is that EOW will bring Roopesh Verma here after investigation is through at Jaipur.

If you have faith and want to support the investors effort in the direct interest of the investors, then email mail your thoughts, sentiments & advice to

Email:
supportroopeshverma@gmail.com

Yours in support investorsdesk @ SOSN

To all the investors of SOSN

If you as an investor consider it valuable for all the sufferings of the investors, kindly take prints of this message, make copies and distribute to maximum numbers. Ask those whom you give this copy to make copies & distribute further.

Yours in support investorsdesk @ SOSN

Sir,
1. I have invested a sum of Rs 1,25,000/- (One lakh twenty five thousand) on classic card with a contract agreement for five years promissing a return of Rs 8040/- pm through post dated cheques. The Coy paid four months returns. But in the month of Nov 09 the cheque bounce due to unforeseen reasons. On visit to the company office, at Kothrud Pune, they assured to clear the amount by ECS by 30 Nov 09. Till date they have not paid any amount.

2. I again visted the office at Kothrud Pune. It has been found the office is locked and key and no body is present there. On tracing by the telephones available, all the mobiles are switched off or not available.

3. Request for a nevestigation because lot of people involved with the company.

Originally Posted by

Dear All,

I have always supported the idea of Investors Forum and collective approach from representatives selected of state/city SOSN Investors Forum to meet centrally & decide common actions. Investor friends who have made complaints/FIR & those who have not both should be part of the forum but with a common goal to get our returns/profit as per contract & agreement.

Though sometimes it seems that the returns given by SOSN in its various schemes are very high NO it is not because

1. Any good business running man can give such returns they sometimes earn as high as 15-20% PM.
2. The amount given to investors car & resort schemes includes principal amount making average pm returns much lower than it seems.
3. Short & Long term investments in few businesses give very attractive returns which compensates more then what is given back to investors.
4. Doing business if you have good investments coming your way is very easy along with laws of the land gives ample concessions, lower tax regime and other support.
5. Any businessman who plans & manages everything professionally & have good trained & skilled staff can manage the show.

In SOSN case the 5th point was missing. I fully agree with the [email

supportroopeshverma@gmail.com[/email] that now we should come out of our closets and manage the show professionally. The best would be let the court gives conditional bail to roopesh verma put him under house arrest to run the business with the help of the SOSN Investors Forum so he is under constant surveillance of court.

I also agree that police/EOW any way how much they want to help will definitely have their own limitations and also they are not concerned whether an investor gets their money or not. The court will also take its own time or otherwise might take lenient view of all affidavit of support given by investors (as the affidavit clearly mentions in point 3. That I am satisfied with the company & want to continue the agreement if the agreed amount is to be made by the company continuously in future till the expiry of the contract.) and gives bail to Mr. Roopesh Verma.

I AM ALSO OF SERIOUS OPINION THAT IF LARGE NO.S OF INVESTORS APPLY FOR RETURN OF PRINCIPAL AMOUNT IT WILL DEFINITELY MAKE THE COMPANY DOOMED TO FAIL IRRESPECTIVE OF ANYBODIES EFFORTS AND WILL RESULT IN IRREPARABLE LOSS TO EVERYONE; SO WE SHOULD LET THE COMPANY BEGIN ITS NORMAL PROFIT/COMPENSATION MODEL OF RETURNS PER MONTH AND HELP THE COMPANY SUSTAIN TO RIGHT LEVEL.

Even if we try & put all other directors, chairman, CEO, Sr. Employees, Branch Managers & other Managers behind bars it will not lead to desired solutions because then they also require bail to come out & work in tandem with Mr. Roopesh Verma to run the company. Their have already been complaints/FIR against them police might be investigating. Their names should also be mentioned in the conditional bail and/or direction by the court to full-fill their obligations.

Now lets Forget about Whether It was staged by Mr. Roopesh Verma, Why other people are not arrested, About their sister concerns like Swiss Cabs, Shree Resorts, Shree Sai Cine Vision Pvt. Ltd., Shree Om Sai Nath Construction Pvt. Limited, Swiss Music & launch of Sai Airways etc. and even IPO, forget about someone made Bakra by other brothers and even doubting any investors intention and even Axis bank role for that matter(though it has been the turning point).

Unfortunately a true representation by Investors Forum is yet to take place;

First thing we need to do is to impress upon court (may be through affidavit of support & submission of working business model of returns per month based on the assets & earning of SOSN) to take an appropriate decision in favour of Investors and allow Mr. Verma to start his company (de-seal offices, control of frozen accounts & money in it) under its direct supervision and representatives of SOSN Investors Forum.

Second release 1 month returns/profit/compensation to hand to mouth investors first if court permits & sufficient cash is their.

Third work out a Satyam type takeover if Mr. Roopesh Verma is unable to deliver on its promise and let the assets managed by Investors Forum.

Lets not forget it is our hard earned money we should not loose it by just fighting between ourselves & making assumptions that every thing will solve by itself. The Investor Forum should also register itself & open an Account & every investor deposit Rs.100/- as membership/support fee and if some investors can deposit/donate more let it be; as their going to be expenses incurred by the Forum.

Come forward & join the forum now.

Investors Desk @ SOSN

Very well drafted appeal submitted keeping in mind the interest of all the concerned Investors. Now, what I find is that everything point has a logical connection with the other probably with many reasoning at times. The only question which comes to my mind while going through this draft is - How should we all unite? There are many investors who are reluctant to come forward due to many reasons well known to them. Investors coming from different sections of this country makes this job even more tougher.

So my only question is - Do you have a concrete blue print of uniting & forming the Investors Forum at different cities probably at close vicinity of SOSN offices?

If you have chalked out a plan then please come up with that as I am also supporting your view that time is seriously running out & we have to do the right things at right time or else everything else might be gone for ever.


Dear Investor friends,

I will come up with a workable plan in a day or two for making a forum based on the support extended by investors but the path chartered by me would be a very straight forward one because I am trying to leave ifs & buts theory aside and nor I will be able to give too much explanations both because after reading blogs, entries, informations & requests I have concluded that we may not be able to get into debate with our own investors friend (rather we should not) and second their is not much we can explain to each & every body who are recent entrant in blogs/discussion forum and are focusing on their own grievances & or on negative approach to confuse/mitigate any positive outlook.

Though my focus would entirely be on a short & swift solution to get our returns/compensation pm but also I am looking forward to have an immediate answer along with a long terms solution so everyone can be benefited for time to come as well.

Thanks for the support

NEWS UPDATE FROM DELHI

Date has been extended to 20th February 2010

Roopesh Verma is still in Jaipur and the court has issued strict directive to the Delhi Police to produce him on the 20th February 2010.

Yours in support investorsdesk @ SOSN

What is this ? now i am unable to trust. With what hope should i wait? The hearing is just shifting forward...What to do? Whome to believe? Now totally confused !
Plz help me.....

Best Wishes..
Arshi Khan,
Lucknow
9838306184

Mr. Dharmender Arya – Advocate
239, Lawyers Chamber,
Patiala House, New Delhi.
Subject: ON 19/12/2009 TRUSTING MR ROOPESH VERMA (SHREE OM SAI NATH CAR ON RENT LTD), ALL DOCUMENTS INCLUDING ORIGNAL CHEQUES, IFS CODE NO WITH BLANK CANCELED CHEQUE AND AGREMENT COPY, NEFT FORMAT SUBMETED ALONG WITH COVERING LETTER TO PUNE BRANCH MANAGER MR DUTTA MUKE
As per information we received on internet Mr Roopesh verma director shree Om sainath car on rent ltd fraud case, Details about Case Mr. Roopesh K. Verma Case File No. 180-2009Patiala Court new Delhi newly appointed advocate dharmender arya has asked on internet to submit affidavit as per format given by him to support Mr Roopesh verma.
On this comments we are going to submit detail written statement.
Respected advocate Dharmendra arya,
From company sinceDecember 2009 without any information they have stopped payment of cheques with remarks of in sufficient amount, after 12 December 09 there was no communication till 16 of dec 09 when we approach to the pune branch manager personally he orally informed on phone to us that above said original documents to be submit as soon as possible to clear your payments as per contract, keep on faith of phonic conversation of company and roopesh verma we submitted above said documents on 19 /12/2009.
After submission of document from 19/12/09 to till date there is no single written communication and information to the investor from the company.
Some of among us(investor) has taken loan from bank and paying interest from December 09 because of no communication from company, we are middle class investor(including max women) are mentally tensed and are in position to attempt suicide put this matter in front of honourable court .
We are total 70 investors and on behalf of them I would like to inform you please give me written information about case and position of repayment through postal letter as soon as possible. We are having faith on Mr. Roopesh verma.
Informarmation of submitted list of documents of few investors are attaching as enclosure with this letter.
Thanking you
Your faithfully
Sayed Nisar Pashamiya

mr Sayed Nisar Pashamiya

Can i have your number or email address, i am also from pune and cluless to contact anyone from pune. i have also invested in SOSN

thanks and regards

Originally Posted by Unregistered

Mr. Dharmender Arya – Advocate
239, Lawyers Chamber,
Patiala House, New Delhi.
Subject: ON 19/12/2009 TRUSTING MR ROOPESH VERMA (SHREE OM SAI NATH CAR ON RENT LTD), ALL DOCUMENTS INCLUDING ORIGNAL CHEQUES, IFS CODE NO WITH BLANK CANCELED CHEQUE AND AGREMENT COPY, NEFT FORMAT SUBMETED ALONG WITH COVERING LETTER TO PUNE BRANCH MANAGER MR DUTTA MUKE
As per information we received on internet Mr Roopesh verma director shree Om sainath car on rent ltd fraud case, Details about Case Mr. Roopesh K. Verma Case File No. 180-2009Patiala Court new Delhi newly appointed advocate dharmender arya has asked on internet to submit affidavit as per format given by him to support Mr Roopesh verma.
On this comments we are going to submit detail written statement.
Respected advocate Dharmendra arya,
From company sinceDecember 2009 without any information they have stopped payment of cheques with remarks of in sufficient amount, after 12 December 09 there was no communication till 16 of dec 09 when we approach to the pune branch manager personally he orally informed on phone to us that above said original documents to be submit as soon as possible to clear your payments as per contract, keep on faith of phonic conversation of company and roopesh verma we submitted above said documents on 19 /12/2009.
After submission of document from 19/12/09 to till date there is no single written communication and information to the investor from the company.
Some of among us(investor) has taken loan from bank and paying interest from December 09 because of no communication from company, we are middle class investor(including max women) are mentally tensed and are in position to attempt suicide put this matter in front of honourable court .
We are total 70 investors and on behalf of them I would like to inform you please give me written information about case and position of repayment through postal letter as soon as possible. We are having faith on Mr. Roopesh verma.
Informarmation of submitted list of documents of few investors are attaching as enclosure with this letter.
Thanking you
Your faithfully
Sayed Nisar Pashamiya