Dear Paisaworld Viewers,
Till now exact step by step detail of the hearing is not available on any authentic media. In a day of two we need to visit on the honorable Supreme court's website providing case type as writ petition and case no. as 383 to know exact recording of the case. We are expecting entire detail to hearing to be written on SAOL's blogspot www.paisaworld24.blogspot.com also very soon.
However as per our discussion with the officials of the Speak Asia following are the updates of today's hearing:
1. First of all none of the representatives from the required government departments i.e. RBI, CBDT(Tax dept.), EOW, MCA etc were present today during the hearing. This in fact proves that non of the departments have anything to prove against SAOL. This was a very surprising but a pleasant fact of today.
2. Secondly Justice Ramesh Chandra Lahoti who has been appointed by the supreme court as the head of the committee will look after the payout to the panelist. This payout process can start anytime and has nothing to do with any other aspect of the case.
3. The next hearing of the case is listed to 21st Novemeber, 2011 when probably the business restart might be discussed.
Friends ! In our opinion the best part of today's hearing was the absence of all the concerned departments from the court. Not even single department's representatives appeared for hearing. We hope that the BizBasket viewers are intelligent enough to understand what does it means. We are seeing a clear cut victory in coming days. And we would also like to mention that the victory is not too far because when it comes to Supreme court the matter gets a speedy trial and comes to a conclusion very fast. So lets set all our eyes for the 21st hearing and hope that the payout starts even before that.
Regards
Team PW-Teem
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