Appeal
I am an enrolled member (Panelist) of an online survey company Speakasia Online PVT Ltd. The said Company had fulfilled all its commitments till May 2011. In May 2011 , after the company celebrated a Mega event in Goa, the Electronic Media indulged in a very negative campaign against the said Company which resulted in two things -
a) RBI issued a circular to all banks to adhere to KYC norms in May 2011.The banks on basis of this circular stopped the payments coming from the Company to the panelists .
b ) In August 2011 in pursuant to its investigation process the EOW Mumbai was handed over the website by the company for necessary investigations .
The Company moved the Mumbai High Court through WP/1396/2011 against the RBI for its erratic circular in July 2011 and The Hon'ble High Court ordered RBI to give representation to the Company and take the legal course of action.
Company again moved Mumbai High Court in July. 2012 through WP/1523/2012 after it got no response from RBI after many meetings in the process . On 2nd Aug. 2012 the Hon'ble High Court then ordered RBI to give speaking order which was complied by RBI and the banking channel again became operational.
The Company on 1st August, 2011,had announced Exit Option to those members who in the absence of the website were unable to participate in the activities of the business model and wished to leave the Company getting back their money . Around 94,000 members opted for the same.
As 115 panelists had moved the Supreme Court through WP 383/2011 seeking refuge under Article 32 of the Constitution of India enshrining right to livelihood and The Hon'ble Judges deemed it to be a case fit for mediation. Justice R. C. Lahoti, Ex Chief Justice of India, was appointed as Mediator and the Company on its own deposited USD 10 Million with the registry of Supreme Court to fulfill its obligations pending the final ascertaining of the dues by the hon'ble Mediator. The Hon'ble SC decided to end the writ on technical grounds on 19/09/2012 and ordered that the money deposited be returned to Company with interest. This shows that the Hon'ble Judge of SC had faith on the Company .
Meanwhile the investigating agency , EOW Mumbai in continuance of their investigation arrested a number of person and on date all arrested persons have been released on bail and their bail conditions are being reduced continuously .
The Company in its endeavor to pay the persons who had opted for exit has payed many members since Nov 2012 and proofs of the same is readily available.
The company in its communication has cited that in the absence of its website and Data that is control of EOW Mumbai is unable to effect fast refund payment to exitors and has moved Bombay High Court through Writ Petition WP/1127/2013, the next hearing in this is scheduled for 8th May, 2013 , to reclaim its website for sole purpose of faster and authentic payment to the members who have opted for exit .
The swift action taken by the Company in its availing all legal resources available has been the basis of the support it enjoys amongst its members and the dilly dally and delaying tactics of EOW has resulted in our doubting its intention .
Even Hon'ble Judge of Bombay High Court has commented on the intent of EOW in delaying the Charge-sheet in his order.
I appeal to all not to believe me but to verify all facts and support my endeavor of ending this impasse and ensure that the earning option of some 12 Lakh person and their families is restored as soon as possible .
Regards
SpeakAsian Powers...
