| If you all know how Vodafone was came up. It is also a fraud. Originally this was 100% subsidiary , on of Esaar Gujarat Limited now Essar Steel Limited , How and when demerge from the Essar Gujarat Limited not know to me the year it was some what about 15 years back or so. To whom the shares preferential issue of shares were made not with the consent of shareholders !!!!!! Further to that Mr Shashi Ruia was traveling from Hongkong to Mumbai in Catahay Pacific Air . I was also in the same plane. The case of my own was like this. I paid all the call money on the shares and some of the shares were transferred to my friends name. Now the Company also issued another call notice in his name top pay the call money. It was collected twice by the company.!!!! I told this story to Shashi Ruia. He gave me a reply stating the reason that " Mr. Shah you know that all these money transaction are done by Registrar and Transfer agent and all money are with them only. The Company has nothing to do for this money!! This is the knowledge of ABC of accounts and law. This is how the frauds are being conducted. For many years this question for refund of money was going on. No body care. You can see how the accounts may be maintained and followed!!!!!! They also sign the same accounts !!!!!! Copy of this e mail is also sent to Essar Steel limited. They say that their E Mail system is crashed . They do not receive any mails!!!!!! Just couple of days back I talked to Hazira plant where Registered Office is situate. Telephone operator gave me reply that they do not have any such Company Secretary!!!! --- On Sat, 15/1/11, CA Vashisht Amresh-Moderator <amresh_vashisht@yahoo.com> wrote: From: CA Vashisht Amresh-Moderator <amresh_vashisht@yahoo.com> Subject: {Amresh's CA's} ARTICLE-A DISCUSSION OF THE ISSUES INVOLVED IN THE DEMERGER SCHEME OF VODAFONE ESSAR GUJARAT LTD. [1 Attachment] To: ICAI_CIRC_MEERUT_CA@yahoogroups.com Cc: devendra_saksena@hotmail.com Date: Saturday, 15 January, 2011, 2:09 AM [Attachment(s) from CA Vashisht Amresh-Moderator included below] I am very glad to inform you that my article titled A DISCUSSION OF THE ISSUES INVOLVED IN THE DEMERGER SCHEME OF VODAFONE ESSAR GUJARAT LTD. has been published at page 70 of Volume 161 COMPANY CASES [Part 2 dated January 14, 2011]. A copy is attached. Regards, Devendra Saksena __________________________________ Respected Sir, We are honoured by receving your article. I have gone through the same and found it very informative. Now the group members shall also be benefitted by the same. For The members, I am glad to inform that Shri Devendra Saksena is CCIT Ahmdebad and I have just finished reading the article he wrote on Vodafone Essar Merger published in Company cases.I appreciate his clearly written and thought-provoking article. His article expresses both the positive and negative aspects of this important topic, without taking an emotional stance on either side of the issue.
Thank you Sir, for your thorough research and clear writing.
WE look forward to reading your next informative work. Thank you Sir. CA AMRESH VASHISHT, FCA, DISA Member,ICAI Committee For Capacity Building of CA Firms & Small & Medium Practioner Moderator,http://in.groups.yahoo.com/group/ICAI_CIRC_MEERUT_CA The largest 25000 CA Members GROUP in the WORLD . 1 1 5, Chappel Street, Meerut Cantt, UP, INDIA. Phone: 0 1 2 1-2 6 6 1 9 4 6. Cell: 9 8 3 7 5 1 5 4 3 2. --- On Sat, 15/1/11, DSouza Wilberious Evanglist <wilevades@yahoo.co.uk> wrote:
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