postaday | wealthymatters

Heads-Up ! Company FD Investors

April 25, 2016 Leave a comment

wealthymatters Moneylife Foundation is looking at the feasibility of filing a class action for non-payment of fixed deposits. A dispute before the National Consumer Disputes Redressal Commission (NCDRC) requires the dispute value to be above Rs one crore. For starters, we are collecting data for SIX companies—Helios & Matheson, Elder Pharmaceuticals, Jaiprakash Associates, Unitech, Plethico Pharmaceuticals and Bilcare.

If your issue remains unresolved, please submit the details of your deposit through this survey form— Link

The Ministry of Corporate Affairs responded to Moneylife Foundation’s earlier survey and memorandum of 1,500 plus complaints by asking the SFIO to examine non-payment of FDs by Helios & Matheson. In case of Jaiprakash Associates, Unitech and Plethico, the MCA has asked ROC to examine findings from the Moneylife Foundation

Filed under Paper Assets Tagged with Bilcare FD, class action suite, company FD, Elder Pharmaceuticals FD, Helios & Matheson FD, Jaiprakash Associates FD, Moneylife Foundation, National Consumer Disputes Redressal Commission, non-payment of company FDs, Plethico Pharmaceuticals FD, postaday, ROC, SIFO, Unitech FD

Say Yes To Opportunity

April 18, 2016 Leave a comment

wealthymatters

Filed under Entrepreneurship Tagged with opportunity, postaday, Richard Branson Quote

Shri Ravindra Prabhudesai

April 18, 2016 Leave a comment

19th of last month, I had the occasion to hear and later meet Mr Ravindra Prabhudesai of Pitambari fame.

As I was straining to make maximum sense of this high speed Marathi delivery, I didn’t have the presence of mind to record him.

I’m pleased that Tushar posted a recording to youtube.

Enjoy!

Filed under Entrepreneurship Tagged with Pitambari Group, postaday, Ravindra Prabhudesai, Saturday Club

Control Via Trusts

April 7, 2016 Leave a comment

Filed under Entrepreneurship, Theory, Tool Kit Tagged with control via trusts, India Bulls, offshoring, Panama Papers, postaday, real eastate, real estate holding, real estate investing, Sameer Gehlaut, trusts

Paydirt

April 6, 2016 Leave a comment

The first below video shows the ICIJ’s approach.

Have a different set of priorities, and its likely that more interesting stories will come out.

Pity that this information is not really “public” in the sense that Wikipedia is public ! Let’s hope some hackers help us make things even more “open”.

This video below shows the limitations of the Indian Express effort.50/500=10% and so far our press has not outed more than a dozen names . I’m thinking some Anonymous activity will serve the public interest very well.