Court proceedings of 7/09/2011


Firstly, EOW didn’t show up in the court yesterday,there is a reason behind that and its between the Speakasia and EOW.But EOW lawyers confirmed that they didn’t found anything against Speakasia.As such EOW will hold talks with officials of Spkasia regarding a constructive structural plan to pay the panelists and will have a thorough discussion on Speakasia as directed by the court.Further points will be updated letter.
Secondly,MCA and RoC are asked time and they were given a date(21/09/2011).As the PIL is in pre admission stage,MCA and RoC is not in a position to say anything about Spkasia(nor FOR neither AGAINST) so they were given a date.
N.B : EOW has no any problem with Speakasia in legal terms and no economic offences were found.
N.B : This meeting is not for registration process and payment approval.Its the duty of MCA and RBI for all that and not EOW.
Thirdly, Positively by tomorrow a meeting is scheduled(fingers crossed) and after that the site will be active by Saturday or latest by Monday and after that Exit option may start(hopefully).


Thanks and Regards

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