स्पीक एशिया, बाम्बे हाईकोट, मानहानि का मुकदमा

MONDAY, JULY 25, 2011

स्पीक एशिया ने आज बाम्बे हाईकोर्ट मैं मीडिया कंटेंट एंड सर्विसेज इंडिया प्रायवेट लिमिटेड के खिलाफ मानहानी का दावा प्रस्तुत किया। यह दावा सिविल प्रक्रिया संहिता 1908 के तहत प्रस्तुत किया गया। इस प्रकरण में स्पीक एशिया का नाम Speakasia online pte. ltd लिखा गया है एवं Lodging No.:-SL/2100/2011 है.

मीडिया कंटेंट एंड सर्विसेज इंडिया प्रायवेट लिमिटेड का एक परिचय
MCCS BACKGROUND
Media Content & Communications Services India Pvt. Ltd. (MCCS) was formed on 31st March, 2003 by the two biggest brands in Indian media industry. It is a 74:26 joint ventures between Ananda Bazaar Patrika TV – a 100% subsidiary of ABP Pvt. Ltd., and STAR News Broadcasting Ltd., a wholly owned subsidiary of the STAR Group. MCCS broadcasts “STAR News” India’s most reputed Hindi news channel , STAR Ananda, India's first 24 hours national Bengali news channel and STAR Majha, India’s 24 hours Marathi News channel. STAR News, living up to its motto of “Aapko Rakhe Aagey”, is a people’s channel that focuses on relevant news in a cutting-edge format. India's leading Hindi news channel, is best defined as channel with a fair and balanced approach that combines prompt reporting with insightful analysis of news and current affairs. Since its conception, the channel has grown to command a respectable viewership in its domain. In June 2005, MCCS launched, STAR Ananda, which immediately set a benchmark with its diverse, yet incisive news coverage. A pioneering and distinctive leader since launch, STAR Ananda continues to consolidate its numero uno position. Recently in June 2007, with the entry of STAR Majha, MCCS claims the leadership position in India's most industrialized state of Maharashtra.

Source:-  http://www.thebhaskar.com/2011/07/blog-post_4182.html

स्पीक एशिया: एस्क्रो अकाउंट से होंगे पेंडिंग पेमेंट्स

स्पीक एशिया मेनेजमेंट ने लगभग तय कर लिया है कि पेंडिंग पेमेंट्स का काम एस्क्रो अकाउंट से पूरा किया जाएगा, जबकि भारतीय बैंक में खाता खोलने की विधिवत प्रक्रिया भी शुरू की जाएगी।

सूत्र बताते हैं कि लंबित भुगतानों को बहुत ज्यादा समय तक रोके रखने से पैदा हो रहे विरोध को लेकर स्पीक एशिया प्रबंधन बहुत चिंतित है और वह बिल्कुल नहीं चाहता कि एसएमएस, फोनकॉल, ईमेल और दूसरे माध्यमों से सामने आ रहा यह विरोध किसी भी तरह से कानूनी रूप से सामने आए।


अत: सरकारी अनुमति के बाद लंबित भुगतान की प्रक्रिया पर काम शुरू हो गया है। प्रबंधन एस्क्रो अकाउंट के जरिए सभी लंबित भुगतान करने का मन बना रहा है। एक्सपर्टस का कहना है कि यदि एक बार एस्क्रो अकाउंट से पेमेंट का काम शुरू हुआ तो अधिकतम 2 सप्ताह के भीतर सभी भुगतान पूरे कर दिए जाएंगे। कहीं कोई बकाया नहीं रहेगा।


इसके अलावा मोबाइल और एलसीडी की डिलेवरी अगले शुक्रवार से शुरू हो जाएगी, इससे पहले जिन लोगों ने इसे क्वालिफाइड किया है उनके पास एक संदेशा भेजा जाएगा।


Source:- http://www.thebhaskar.com/2011/07/blog-post_874.html#more

SpeakAsia Ad - 25/07/11

SpeakAsia Ad on Economics Times-25/07/11

new POP-UP-25/07/11

Dear Speak Asians, We are happy to share the progress and update the status of various activities being done by your company . 1. Establishing a Liaison Office in India ( Process and Current status ) a) Application given to Reserve Bank of India An application has been filed with the Reserve Bank of India, Mumbai through the bank for requisite permission to open an Liaison office (click for copy). We understand that the applications are considered on case-to-case basis and the permission from Reserve Bank of India generally takes about 4-6 weeks time from the date of submission of application. b) Registration with Registrar of Companies, New Delhi Upon receipt of approval from Reserve bank of India, requisite documents have to be filed with Register of Companies for registration of Speak Asia under Companies Act. After scrutiny of documents, the Register of Companies will register the Foreign office and issue the certificate of registration. Thereafter, SpeakAsia can open a bank account and start operation in India. We are trying hard to expedite this activity and will keep you updated on its progress . NOTE: The payouts from India can only start once bank account is opened and the approvals are given in writing by the authorities. 2. RBI's approval for business model : Further to the order dated 14th July received from Hon . High Court to RBI for a meeting with Speakasia to understand the business model , we have written yet again to RBI asking for a suitable date vide letter dated 21st July (copy of letter attached). We hope that many issues will get resolved after this meeting . 3. Distribution of rewards earned by you: The LCD / LED TV's are already lying at the customs (copy of documents attached). These goods are held up in Customs in Mumbai due to our bank accounts being frozen . We are incurring huge demurrages on the same. The deliveries will start as soon as the goods are released from customs. 4. Interim orders received from Hon. Andhra Pradesh High Court: We have obtained court order for staying any activity by Crime Branch - CID against any of the officials or associates of SpeakAsia (copy of order attached link 1, link 2). We are cooperating with the authorities and ensuring that the business model of SpeakAsia is understood by all. 5. Public Apology by leading national news channel for misrepresenting the facts was aired on 21st July,2011 ( link attached ) Friends , while we want to restart the business as fast as possible, we are constrained by the ongoing activities against us which only delays the entire process. In view of this giving a firm date can be a challenge but we assure you that we are getting closer by the day and working towards the earliest settlement of all issues which have been thrust upon us. We thank you for your support thus far and hope that you will continue to have faith in your company and wait the business to start as usual. Kindly remember that any activity against your company by anyone (from within or outside) ,only will add to the delay. So be cautious and avoid any misrepresentation or activity that may delay the progress. With best wishes Team Speak Asia

Registration of overseas online firms to be made mandatory

Joe C Mathew / New Delhi July 24, 2011, 0:58 IST


New Companies Bill to make direct-to-home shopping sites accountabe to Registrar of Companies.


In a bid to make foreign companies engaged in online and direct-to-home business practices in India accountable, the Ministry of Corporate Affairs (MCA) will make enrolment of all such companies with the country’s Registrar of Companies (RoC) mandatory.
The need to have control over such organisations was felt in the wake of increasing instances of online businesses that cut across national boundaries.
The proposal for mandatory registration will form part of the new Companies Bill 2011, a senior official said.


The government may also verify that the promoters of the overseas firms or their business associates in India, including logistic partners, have not committed any economic offences under any national or international jurisdiction.


“The track record of the directors of the company will be sought to ensure they are not fly-by-night operators who had been convicted or banned from conducting business or establishing firms in other countries,” the official said.


Details of previous businesses of the promoters and their associates will also be sought before the company gets an approval to do business in India.


The Companies Bill 2009, a revised version of which is being finalised now, already contains the existing set of basic disclosures that are required to enable a company to operate in the country. These include details of the companies’ charter, statutes, memorandum, articles etc. Contact details of the senior management team will also be sought. Similar disclosures will have to be made about their business associates in India.


Recently, MCA had had initiated a probe into the activities of foreign companies that are registered abroad but have business operations in India.


The inquiry was triggered after complaints were registered against Singapore based SpeakAsia over its business practices. SpeakAsia, which charges an annual membership fee of Rs 11,000, pays back its members for conducting online surveys for its clients. The company had refused to disclose the names of the clients to whom it sells the survey results.


The controversy erupted in May after an investors’ protection group filed a public interest litigation before the Bombay High Court. The court issued summons to five top officials of SpeakAsia. The MCA probe was initiated in the backdrop of these allegations.


Source:  http://www.business-standard.com/india/news/registrationoverseas-online-firms-to-be-made-mandatory/443698/