Dear paisaworld viewers
As per our conversation with the officials of Speak Asia the hearing in the honorable Supreme court happened as follows:
1. The SAOL Lawyers in supreme court said the first point that all the accounts those are siezed by Andhra Pradesh CID, be transfered under Supreme court of India which the Honorable judge agreed and ordered for the same.
2. The SAOL Lawyers asked for a committee to be made and headed by retired Supreme court judge for disbursement of funds to panelists, and Supreme court agreed for that too and formed a committee headed by retd. Judge Justice Lahoti.
3. The court came very harsh on all the concerned agencies and departments for not submitting their reports yet.
4. Next hearing is on 8th November 2011.
From today's hearing we are certainly seeing a very positive ray of hope that our Company will start its normal business operations very soon. First step towards this will be the disbursement of dues to panelists by the Company which is now 100% guaranteed as per today's direction of the honorable Supreme Court. We are very near to victory from where we can see a very bright future for our family and friends.
