Hi,

I am from bangalore and have got full cooperation from the staff here. They too are in the dark just like us and are working to get the ECS done. It is not so that the intentions of SOSN are at question but they to have committed mistakes.
The money from their accounts in AXis was transferred to a particualar bank in other accounts. Why could they not pay the investors even though they know that there are customers who pay the emi for the cars as well and taken personal loans or convinced their relatives to give the hard earned Pension or PF to be invested.
They could have very well taken care of that at least in the last 3 weeks since most of the offices were functioning.
Y are they holding back the payment if they are positive in paying back. This would result in to a very good vibe. They are not taking new investments...why? dont the need the cash anymore or wish to carry on the business.
We see many good things that they are carrying out for us investors, but why not the payment even if it is partial only.
Are they sure the payments thru ecs will be sure shot and accurate...i dont think so. The ECS applications runs into lacs...will IDBI bank be in a position to accomodate them in 3-4 days time.
Many questions and no one bothers to answer, Rupesh is in the jail or custody. what about other two brothers who are equal partners in the business.Cant they sign the ecs mandate to initiate payment.
I think the salary was also supposed to be paid to the staff...what stops them in doing that?

Hope with you all to be positive...but dont see it happening thus these queries. They are very rational and sreasonable am sure you would agree.

Originally Posted by Unregistered

The court should give conditional bail to Mr. Rupesh Verma and should keep a check on him about the work executed by him like paying returns through ECS/Cheques in time and also allow him to open all his offices in case he requires police protection that should be given.

By this way all investors will be safe and court can monitor the progress and give appropriate decision at the right time.

Though till today there has not been even a single indication of fraud/running away plan by Rupesh Verma but by court monitoring everyone would be safe and even the company can come back to track faster and can give good returns for long.

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.

Lets hope for the best and good sense to prevail

~JaiSaiRam!
Firstly, I say that I am satisfied with the proceedings and pray that "the best and good sense to prevail".
I don't care for the benefit of the people who are calling funny names to those who have communicated favorable remarks for SOSN, like I'm doing.

It may be a good & wishful thought to ask the court to give conditional bail.
Some have opined that Mr. Roopesh Verma should not be allowed to leave Delhi. Is it so because the office there is not open? The Delhi office was closed because of rowdy acts. But does it make sense? These acts are the cause of the current status of uncertainty. R U also from Delhi? I ask because; The irony is that Delhi people are suggesting to ask for police protection for a situation created by themselves.
In fact I, being from other part than Delhi, say that it is confirmed all other offices are functioning. I have personally seen the attitude & dedication for the safety of the investors by the staff when I visited their Pune office. I have telephonically called Indore office. It was also functional. I am in coordination with Mumbai office (I have invested at this office). I am fascinated by the confidence for their MD. The staff at all places were positive about the activity of company and are sure that the company has not done any wrong. They say they have compiled the details for ECS by NEFT; Only that the bank accounts should be allowed to operate by the COURT with the simultaneous release of Mr. Rupesh Verma. They are sure everything will be fine and routine.

U say, "till today there has not been even a single indication of fraud/running away plan by Rupesh Verma", but add "company can be directed to manage its resources better for the benefit of all". I feel it will worsen the matters, as:
Who has the guts and capability to manage what Mr. Roopesh Verma has churned out for these many years? The only person capable to take the setup ahead is the person who laid the foundation of it; and it is Mr. Roopesh Verma.

-Vinay Maroo from Shirdi, the Land where SAI BABA gave birth to universal faith.

Originally Posted by omprakashnarwal

Dear Investors,

Today on 29 Dec 2009 at around 10.30 pm I got a phone call from Mr Harish an investor Bangalore. He tole me that Bangalore Office is functional.
My sincere request to all employees of Delhi Office is to keep their mobile switched on and try to respond all queries made by the investors and remain in contact because this leads a positive message about the company.

Thanks.

Om Prakash Narwal

~JaiSaiRam!
All the offices other than Delhi are Functional.
I believe nothing will work better than Mr. Roopesh Verma being released on the 30th.
It will be the COURTS' NEW YEAR GIFT to the investor's of SOSN.
I thank the Court in anticipation.

-Vinay Maroo from Shirdi, the Land where SAI BABA gave birth to universal faith.

Originally Posted by vinaymaroo

~JaiSaiRam!
All the offices other than Delhi are Functional.
I believe nothing will work better than Mr. Roopesh Verma being released on the 30th.
It will be the COURTS' NEW YEAR GIFT to the investor's of SOSN.
I thank the Court in anticipation.

-Vinay Maroo from Shirdi, the Land where SAI BABA gave birth to universal faith.

*********************************

Hi All,
I visted Janakpuri Office on 29th Dec. and i found it closed. i also enquired about the SOSN company and its staff from other offices of the same floor. Everybody gave me the same answers -
1- they all ran away.
2- Nobody came after 10th Dec.
3- Between 10th-12th Dec somebody from SOSN staff came in night and they took all the computers and other things from the office.
4- Also they didn't pay the monthly Office rent to their landlord.

I read other entries also about SOSN in other sites like comsumercomplaints.in, consumercourt.in, groups.google.com.

I can understand its difficult to track all the activities of the company and its staff because it may require money, time and other sources (like detective agency, manpower etc). But still people who can afford and invested large amount of money in SOSN are really doing their best to solve this matter asap.

Till today there has not been even a single case of fraud by SOSN. Also I didn't find any clue about those 2 ladies who slap Mr. Roopesh. So may be this whole issue is baseless or it would be preset by some other sources who want to hamper the company image.

I am requesting everybody to please do their BEST instead of worrying about their part of money or fighting with each other. Please update your blogs with any latest information about company activites they find and please try to help others who are really doing their best to solve this matter.

Lets hope for the best.

Thanks

Today went and bangalore office is closed with notice that ECS is due for Jan 4th 2010
Happy new year

Dear All,

To discuss what's happening in the company and its branches and to update each other about the same, I've formed a google group at groups.google.com/group/shreeomsainath where all investors can share their news and views about the company. This will help all of us. Please join it.

Regards

Originally Posted by Unregistered

Hi,

I am from bangalore and have got full cooperation from the staff here. They too are in the dark just like us and are working to get the ECS done. It is not so that the intentions of SOSN are at question but they to have committed mistakes.
The money from their accounts in AXis was transferred to a particualar bank in other accounts. Why could they not pay the investors even though they know that there are customers who pay the emi for the cars as well and taken personal loans or convinced their relatives to give the hard earned Pension or PF to be invested.
They could have very well taken care of that at least in the last 3 weeks since most of the offices were functioning.
Y are they holding back the payment if they are positive in paying back. This would result in to a very good vibe. They are not taking new investments...why? dont the need the cash anymore or wish to carry on the business.
We see many good things that they are carrying out for us investors, but why not the payment even if it is partial only.
Are they sure the payments thru ecs will be sure shot and accurate...i dont think so. The ECS applications runs into lacs...will IDBI bank be in a position to accomodate them in 3-4 days time.
Many questions and no one bothers to answer, Rupesh is in the jail or custody. what about other two brothers who are equal partners in the business.Cant they sign the ecs mandate to initiate payment.
I think the salary was also supposed to be paid to the staff...what stops them in doing that?

Hope with you all to be positive...but dont see it happening thus these queries. They are very rational and sreasonable am sure you would agree.

~JaiSaiRam!
Today, 30th December 2009, is another day in the list of important days for the investors of SOSN.
I am praying and we should be hopeful that Mr. Roopesh Verma is released on bail; no matter with whatever conditions; ONLY THAT THE COURT HAS TO ALLOW THE USE OF THE BANK ACCOUNTS.

We will all come to know
"What Is Mr. Roopesh Verma - SOSN Thinking?"
"What is he going to do first on being released?"
Why he did not pay the money individually instead of starting the process of ECS thru NEFT is a matter of debate; probably, he surely must not have thought that his confidence will prove to be overconfidence; probably, but he must not have thought with a cruel mind; probably, he never had any intention other than securing the hard earned money of his investors; probably, he was sure he will have the procedure of ECS thru NEFT completed before the month end; probably, he never anticipated that somebody would plan something what has happened; probably, MR. ROOPESH VERMA DID NOT THINK LIKE A CRIMINAL???

Let us all pray; that, GOD GIVES BETTER SENSE TO THE COURT; that, COURT ALLOWS THE BANK ACCOUNTS TO BE OPERATED SIMULTANEOUSLY WITH THE RELEASE OF MR. ROOPESH VERMA.

It will be a "NEW YEAR GIFT" to the investors of SOSN.
Humko yeh gift Santa Claus se mangna tha; Mr. Roopeshji ko 26th ko hi bail mil gayee hoti.

I do not know "What Is Mr. Roopesh Verma - SOSN Thinking?"
But, I will request him to to do TWO things. First, complete the process he had set rolling to transfer the due to the investors' accounts, IMMEDIATELY and second, AXIS BANK JISKI WAJAH SE HUM SUB YEH PARISTITHI ME ATKE HAI, USKI VAAT LAGADO.

-Vinay Maroo from Shirdi, the Land where SAI BABA gave birth to universal faith.

Dear all investors of SOSN
Now it is clear that they have vanished with our money. I am in mumbai and invested here. Now all mumbai offices are closed and all mobiles phones of the executives are off/not reachable.If everthing is OK then why dont they response on phone. I have submitted my application for ECS payment around 15 Nov but no money has been credited in my account.I have earlier written that this all axis bank mistake is a story created by SOSN to mislead people and to take time to wrap up their business. The Verma's in delhi and Sharma's in mumbai all are cheaters and have run away.The most painful thing is that they use the name of Sai baba to cheat people. Sai baba will certainly bless them

I just talk to mumbai office landline no. And they promised that ecs will start from 10 january 2010

Originally Posted by Unregistered

Dear all investors of SOSN
Now it is clear that they have vanished with our money. I am in mumbai and invested here. Now all mumbai offices are closed and all mobiles phones of the executives are off/not reachable.If everthing is OK then why dont they response on phone. I have submitted my application for ECS payment around 15 Nov but no money has been credited in my account.I have earlier written that this all axis bank mistake is a story created by SOSN to mislead people and to take time to wrap up their business. The Verma's in delhi and Sharma's in mumbai all are cheaters and have run away.The most painful thing is that they use the name of Sai baba to cheat people. Sai baba will certainly bless them

why r u telling lie i call mumbai office landline no. today around 10.30 am and they tell us rupesh bail today and ecs start from january 2010.

Originally Posted by Unregistered

Dear all investors of SOSN
Now it is clear that they have vanished with our money. I am in mumbai and invested here. Now all mumbai offices are closed and all mobiles phones of the executives are off/not reachable.If everthing is OK then why dont they response on phone. I have submitted my application for ECS payment around 15 Nov but no money has been credited in my account.I have earlier written that this all axis bank mistake is a story created by SOSN to mislead people and to take time to wrap up their business. The Verma's in delhi and Sharma's in mumbai all are cheaters and have run away.The most painful thing is that they use the name of Sai baba to cheat people. Sai baba will certainly bless them

why r u telling wrong information i had talked at mumbai office landline number today around 10.30 am & they tell us rupesh verma get bail today & ecs start from january onwards.

thanks

Amit

Originally Posted by Unregistered

Dear all investors of SOSN
Now it is clear that they have vanished with our money. I am in mumbai and invested here. Now all mumbai offices are closed and all mobiles phones of the executives are off/not reachable.If everthing is OK then why dont they response on phone. I have submitted my application for ECS payment around 15 Nov but no money has been credited in my account.I have earlier written that this all axis bank mistake is a story created by SOSN to mislead people and to take time to wrap up their business. The Verma's in delhi and Sharma's in mumbai all are cheaters and have run away.The most painful thing is that they use the name of Sai baba to cheat people. Sai baba will certainly bless them

~JaiSaiRam!

You have said, “they use the name of Sai baba to cheat people”
First & Last, I have said confidently, before, on this forum that SAI BABA ke chatra chaaya me koi bhi galat kaam nahi kar sakta.

Secondly, on seeing your comment I have called and spoken at Mumbai office. They have only one office to my knowledge & it is working. The executives have said that they are ready to start the whole procedure and that they have completed their procedure for ECS by NEFT for all those who have submitted the details; as per the format provided by the bank. They said they are waiting for the Bank Accounts to be operational along with the release of Mr. Roopesh Verma.

Do not consider me as a spokesman of SOSN. I am a resident of Shirdi & I have, before investing with SOSN, met Mr. Roopesh Verma and assured myself that HE is a pucca Sai Bhakt. I have also shown this office to some other people known to me on this same confidence. None of them have, till now, said anything adverse.

You have also said, “I have submitted my application for ECS payment around 15 Nov but no money has been credited in my account”. I cannot believe that the Mumbai office has not told U and that R U not aware their BANK ACCOUNTS are frozen by the court pending the investigation in progress. In any case they have told me when I submitted my papers and seen them saying them same to others present, that the procedure will be completed by around 25th Dec.

You have also said,
“I have earlier written that this all axis bank mistake is a story created by SOSN to mislead people and to take time to wrap up their business.”

I have also said earlier,
“The AXIS Bank which is an international entity would have taken out the "SHIT FROM THE ASS" of the person claiming even a little bit of what Mr. Roopesh Verma has said about their doing/ undoing, again I SAY, if there was anything wrong”.

When did U invest? Recently or is it 1 to 2 years? I’m sure U was happy until now. Just be with company in this time of crisis. U will continue to be happy. I am sure of this.

-Vinay Maroo, Shirdi, the Land where SAI BABA gave birth to religious faith.

I have just called at Mumbai office. They said they will confirm anything (about bail) after 4.00 o'clock in the evening. If Roopesh gets bail the payment will be made before 10th January. If anyone else has any update kindly inform.

Lets hope for the best.

Anil Kumar

Originally Posted by Unregistered

Dear all investors of SOSN
Now it is clear that they have vanished with our money. I am in mumbai and invested here. Now all mumbai offices are closed and all mobiles phones of the executives are off/not reachable.If everthing is OK then why dont they response on phone. I have submitted my application for ECS payment around 15 Nov but no money has been credited in my account.I have earlier written that this all axis bank mistake is a story created by SOSN to mislead people and to take time to wrap up their business. The Verma's in delhi and Sharma's in mumbai all are cheaters and have run away.The most painful thing is that they use the name of Sai baba to cheat people. Sai baba will certainly bless them

Originally Posted by Unregistered

I just talk to mumbai office landline no. And they promised that ecs will start from 10 january 2010

JaiSaiRam!

I also talked with them and they said they are sure that Mr. Roopesh Verma will be granted bail in todays hearing. They are hoping that the Bank Accounts will be operational with the release of their MD.
I agree 'cause the payment procedure cannot be started before that. I hope the court considers all this when granting bail.

-Vinay Maroo from Shirdi, the Land where SAI BABA gave birth to universal faith