SVPCL Limited IPO Message Board (Page 35)

friends, i have send a email to aarti consultant.just go to www.aarti consultant.com and send your mail and application there. just tell them if they wouldnt refund money within 10 days we will take some legal action against him.i have already send them.

Hi,

we need to be aggressive on this issue, it has been two months and a company took crores of money from the public. Fellow friends in HYD can join together and go to aarthi office, that would be better. Media should take a proper step to show these kind of bogus companies to public and stop them to deal wiht these kind of cheaters. Without doing any mistake now we are banging our head.

Hi
dear under indian penel code please file criminal complaint against registrar and company under Sec 405,415,418,420,425,427 of ipc ,i am giving summery of that , and also the number of mumbai crime branch dealing with Shares


General Branch Unit-V (Shares) 22620111 272


Section 425. Mischief


Whoever with intent to cause, or knowing that he is likely to cause, wrongful loss or damage to the public or to any person, cause the destruction of any property, or any such change in any property or in the situation thereof as destroys or diminishes its value or utility, or affects it injuriously, commits "mischief".

Section 427. Mischief causing damage to the amount of fifty rupees


Whoever commits mischief and thereby causes loss or damage to the amount of fifty rupees or upwards, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.


Section 420. Cheating and dishonestly inducing delivery of property


Whoever cheats and thereby dishonestly induces the person deceived any property to any person, or to make, alter or destroy the whole or any part of a valuable security, or anything which is signed or sealed, and which is capable of being converted into a valuable security, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.

Section 418. Cheating with knowledge that wrongful loss may ensue to person whose interest offender is bound to protect


Whoever cheats with the knowledge that he is likely thereby to cause wrongful loss to a person whose interest in the transaction to which the cheating relates, he was found, either by law, or by a legal contract, to protect, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.

Section 415. Cheating


Whoever, by deceiving any person, fraudulently or dishonestly induces the person so deceived to deliver any property to any person, or to consent that any person shall retain any property, or intentionally induces the person so deceived to do or omit to do anything which he would not do omit if he were not so deceived, and which act or omission causes or is likely to cause damage or harm to that person in body, mind, reputation or property, is said to "cheat".



Section 405. Criminal breach of trust


Whoever, being in any manner entrusted with property, or with any dominion over property, dishonestly misappropriates or converts to his own use that property, or dishonestly uses or disposes of that property in violation of any direction of law prescribing the mode in which such trust is to be discharged, or of any legal contract, express or implied, which he has made touching the discharge of such trust, or willfully suffers any other person so to do, commits "criminal breach of trust".






CRIME BRANCH ECONOMIC OFFENCES WING-(EOW)
Direct Fax Exten.
Addl.C.P.(EOW) 22625028
22620111 22672770 136
Steno to Addl.C.P.(EOW) 22620111 148
A.C.P. (I) C.B. (EOW) 22630818
22620111 147
A.C.P. (II) C.B. (EOW) 22671641
22620111 166
A.C.P.(III) C.B. (EOW) 22620111 127
General Branch 22620787
22620111 124/169

General Branch Unit-V (Shares) 22620111 272

Shailesh Tiwari
The CORPORATE Counsel
Ahmedabad -09376141712

t_cc@rediffmail.com

This is what the reply is from Aarthi Consultants
Dear Sir,

With reference to your mail on the allotment of shares in SVPCL Ltd, we
would like to inform that:

1) There was delay in allotment/refund due to the compliance with SEBI
directives requiring the company inter alia to publish the clarification
on the inadvertant disclosure made regarding allocation of shares to QIBs
in the IPO.

2) The company had completed all necessary formalities as directed by SEBI
in this regard and the basis of allotment of shares was already finalised.
We are expecting to get the approval of BSE very soon.

3) The company will pay interest to all the applicants @15% p.a., on the
bid/application amount for the delay in allotment/refund beyond 10.11.2007
as per SEBI guidelines.

We regret the inconvenience caused in this regard.

Hi All,
I got the following reply from them.

From: svpcl@aarthiconsultants.com [mailto:svpcl@aarthiconsultants.com]
Sent: 18 January 2008 03:26
Subject: RE: Refund of Rs. 95625 for the SVPCL IPO App. No. 8040528


Dear Sir,

With reference to your mail on the allotment of shares in SVPCL Ltd, we would like to inform that:

1) There was delay in allotment/refund due to the compliance with SEBI directives requiring the company inter alia to publish the clarification on the inadvertant disclosure made regarding allocation of shares to QIBs in the IPO.

2) The company had completed all necessary formalities as directed by SEBI in this regard and the basis of allotment of shares was already finalised.
We are expecting to get the approval of BSE very soon.

3) The company will pay interest to all the applicants @15% p.a., on the bid/application amount for the delay in allotment/refund beyond 10.11.2007 as per SEBI guidelines.

We regret the inconvenience caused in this regard.


Thanks & Regards

Aarthi Consultants Pvt Ltd
1-2-285, Domalguda,
Hyderabad-500029
Ph: 040-27638111, 27634445
Fax: 040-27632184

Some newspaper contacts are Mint- newsroom@livemint.com

I agree with Raj. We should contact CNBC (22)6666-7777 and NDTV Profit (22)6666-5089. SEBI is also involved! We should ask for money back as everybody will sell on listing and we make loss.

Dear friends,
I dont think that we will lose our money. If we do not get a response from the SEBI or Aarthi Consultant, We all must go to the court of law and fight against those people for our loss. SVPCL should be compelled to pay our funds or its whole property should be auctioned to make up our loss.
I dont think that we will get any interest on our money.
Somebody please tell me about any other IPO like SVPCL in the past, I want ot know about what happened with its investors?

friends i have already compain sebi aswell asin aakrti consultant but all in vain .just go to local news paper and tell them or personaly go to company.if any one have ideas call me 09412526616

hi friends . there is no use to complain in svpcl because they dont responce.we should have unity if we wants our money back.if we follow some rules we can get our money back.peoples who r live in delhi, mumbai they can go to sebi.and people who live in hyderabad they can go to company personaly.and those who live other cities daily call Aarti consultant and they should send their application for money refund to company through speed post.if we send some application to company we should get our money back.and people who like in south india they can publish this in local newspaper.company is refunding money back bcoz sebi id not giving them permission to issue share. dear friends dont ask for share just ask for your money only money

I hv applied for SVPCL IPO. but till date I hv not recd shares or refund.. I hv also sent 2 mails to company , but reply... Pl. any one help..

DEAR HARSH AND ALL FRIENDS
DO ALL THE THINGS AND GET MONEY BACK I JUST HAD A CHAT WITH TIMES OF INDIA AND TRAING TO SEND EMAIL TO ALL NEWS PAPPER IF YOU GOT ANY EMAIL ADDRESS PLEASE PUT ON THIS WEB AND WE ALL SEND TO THE NEWS PAPPER MANY THANKS FOR ATTENTION

I have got this telephone number from website of cnbc network
18 telephone : 0120-4341818 to inform them. I will try this number tomorrow in office hours. They are not picking phone right
now.

What to do now?
What can we do?
Any wayout for this?

Hi mates.. I have applied 750 shares thru ICICI Direct and still no allotment or refund. As am small investor, hoped of getting listing gain on this but seems whether i wil get money back or not. Plz request all u guys to make complain. I already complained SEBI and aarthi but all went vain.Now am paying interest for money i took loan.

Till i have not received my refunds or allotment please say about t
the right way how to get refunds.

RASHMI..

I pity you case but unfortunately this has happened.. dont you worry.. we will fight together for our reunds

DEAR RASHAMI GUPTA AND ALL FRIENDS
PL DO FOLLOWING IF U WANT YOUR MONEY OTHERWISE FORGET IT
SEBI IS NOT DOING ANY THING IT IS REALLY SAMEFULL FOR ALL OF US AND ALL GOVERMENT BECASUSE WE ARE THE ONE WHO PUT TRUST ON SEBI AND INVEST IN IPO THAT RUNS THE COMPANY LATTER ON IF WE BEEN CHEATED BY SOME IDIOTS THEN WHO WILL INVEST IN IPO I THINK THIS THING IS ONLY HAPPEN INDIA WHERE THERE IS NO SUCH A LAW WHERE SEBI IS SLEEPING. THIS IS AN INCUROGEMENT TO THE PEPOPLE LIKE SVPCL. I ALREADY SEND NOTICE TO REGISTRAR AND MANAGEMENT OF IPO FOR THE FRAUD AND THEY WILL BE IN PRISON FOR 6 MONTH TO 5 YEARS IF THEY ARE IN GUILTY AS PER MY LAWYER I AM NOT DOING FOR MONEY BUT IT IS FOR THE PEOPLE WHO ARE DOING FRAUD WITH INOCENT PEOPLE PL GIVE YOUR COMMENT HERE AND TAKE LEAGLE ACTION IMMIDIATLY BEFORE TO LATE AND INFORM TO THE NEWSPAPER AND PRESS AS WELL AND GIVE SVPCL A LESSON

I app.500 shares through icici Direct Appli.No8042432 on22/10/2007.till date i did not get refund though i wrote to AARTHI CONSLTANT to withdraw my appli. on05/12/2007 any body suggest what action should be taken.

why not all mumbai investor go to sebi personally