Speak Asia Latest News 9 Jan 2012

Speak Asia Latest News is that today all the concerned parties to the case like RBI, EOW, CBDT, SAOL and others were been represented by their lawyers in court room. This was the major happening in the court room today where each and every party was present.

2. These Parties said to the court that they are unaware of the content of the mediation report submitted by Honorable Justice R. C. Lahoti to the Supreme Court, hence its difficult for them to give any decisions as they have not read the report yet.

3. Honorable Judges of Supreme Court has given orders to provide mediation report to all the Parties as soon as possible.

4. Now next hearing is fixed on Next Monday i.e. 16th Jan, 2012.

5. In the meanwhile the speakasiaonline.com website is back and operational once again. But as per the officials of SAOL the site is still with the EOW and has not been given back to Speak Asia management. The RPs which has got credited on 5th January, 2012 in your respective E-Vallets is the result of an automated process in the website and any operation has not been performed on the website from the SAOL technical team yet.

Friends ! the time to celebrate has not come yet. So there is nothing to get very excited. We need to wait for next Supreme Court hearing on 16th January, 2012. But from our continuous interactions with various authentic resources, Lawyers and SAOL officials one fact we can assure you all that our victory is not too far and we are surely going to see the business of Speak Asia getting normalized very soon. At this last phase of battle lets not get panic and wait for the next Supreme Court hearing.

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Speak Asia Latest News

It’s been quite a while we could not update you on the legal proceedings relation to Speak Asia Latest News. As everyone must know that we are unable to update you all because as per the direction of the honorable mediator Retired Justice Mr. Lahoti the entire mediation process has to be kept secret.

At this point of time we request all Speak Asians not to pay attention to any unauthentic information either positive or negative. One fact which we have come to know through our SAOL sources that the mediation meeting is certainly going in SAOL panellists favour and the hearing in Supreme Court on the outcome of the mediation process is going to start very soon.

There are several court hearing going on simultaneously in SAOL matter both criminal and civil in nature, but the one on which the immediate distribution of money to the panellists and the future of Speak Asia business is dependent is the Solomon James matter under the mediation of honourable Mr. Lahoti. One clear cut instruction to the concerned govt. dept. by the Supreme Court, obviously after getting satisfied about the business model and its lawful execution by SAOL, and you will see your Reward Points (RPs) getting reflected in your bank Accounts and business getting restarted.

Our suggestion to all Speak Asians is not to worry at all because in the history of online marketing in India no Company other than SAOL has fought its case in each and every concerned court of law, so vigorously and dutifully. Generally in the absence of any clear cut law to govern online direct selling in India every time when authorities and competitors hit a Company, the promoters and management prefers to run away rather than fighting the battle. In Speak Asia's case the authorities, media and competitors got a sure surprise and the Company proved it beyond doubt that they have a sustainable business model in place and they are not going anywhere.

It is not secret that they have appointed one among the best lawyers in the country, are able to hold entire consumer base of 20 lakh people as well as employees, have no intention to flee the country in any way and fighting the case tooth and nail.

In our point of view the future of Speak Asia business will be very secure and rewarding which could be passed on to the next generation. Once the Company comes out of this legal mess every one can peacefully earn their living on it without having fear of being unnecessarily harassed by the corrupt and rotten system of our Country.

The heart wants to start celebrating but the mind advices to show some restraint till the final verdict is announced by the Hon. Supreme Court.

Hon’ble Mr. Justice R.C. Lahoti ji has concluded his mediation process yesterday i.e. 19 December, 2011.

It is now clear that all the respondents have recorded their presence before the Hon. Mediator including the elusive EOW.

Hon’ble Mr. Justice Lahoti ji will soon file his report before the Hon. Supreme Court and the matter should come up for hearing before the Supreme Court in early January, 2012 .

I only wish to draw the attention of all the Speakasians that although the matter is moving positively in our favour the relief as is being spread on various forums is absolutely false and baseless.

The WEBSITE AND PAYMENTS are not going to start before 28 December, 2011 etc. like is being reported on various forums. All this will surely happen but only after the matter has been heard and finally ordered by the Hon. Supreme Court.

"If anything goes bad, I did it. If anything goes semi-good, we did it. If anything goes really good, then you did it" …Paul Bryant

Once again I wish to urge all my Speakasian family members continue to be united, remain absolutely positive, have complete unflinching faith in SAOL .

As per our conversation with the SAOL officials following are the updates:

1. The much awaited mediation meeting under the supervision of honorable retd. chief justice of India Mr. Lahoti has been concluded. The third and final mediation meeting happened yesterday on 19th december, 2011.

2. An important fact to be noted is that the Economic Offence Wing (EOW) of Mumbai Police was also represented in the last meeting. Now each and every party has been represented properly in front of the honorable mediator.

3. Now once honorable Mr. Lahoti presents his mediation report in Supreme Court the hearing will start. It is expected to start in first week of January after the winter vacation of the court.

Note: In our view the Speak Asia case has come to a conclusive phase where as soon as the hearing in Supreme Court starts, within few weeks the final verdict will be out. At this moment we suggest all the Speak Asians to stay united and pray to god that the final outcome come in the favour of Speak Asia family.

Proud to be Speak Asian ! ! !

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Speak Asia Latest News of 12 Dec

Speak Asia Latest News

Today as on 12 Dec 2011 was the hearing of AISPA president Melvin Crasto bail which has been rejected.and now the application regarding same will be put up in Session court Mumbai.

Speak Asia has two cases listed for today in Mumbai High Court for quashing of FIR in Raigar and Thane which is postponed for listing after vacations...that is on 5th jan,2011.

And Lahoti ji meeting underwent today very well but sadly EOW didn’t showed up again but the meeting took positive directions and we will be getting good and positive outcomes of it in next 2-3 weeks...!! so stay united...!!

Whenever anything happens I’ll update and any false news spreading should be avoided.

If any how you know, what all is happening in the meeting, we would like to know about the updates or internal story of the committee, and if EOW not turning up, then y they are not being sent any summon or any action against them.

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Speak Asia Latest News

Speak Asia Latest News by Official Team:

The past few weeks for Speak Asia Online Login have been very eventful. While we are very happy that the first hearing of the committee appointed by the honourable Supreme Court for mediating amongst various parties concerned under the capable stewardship of the former Chief Justice of India, Justice R.C Lahoti, met towards the end of November and started the process of mediation in the right earnest.

Today in Mumbai Court their is hearing of 3 Cases:

 1.  M/S. SPEAK ASIA ONLINE PTE LIMITED 

V/S 

THE STATE OF MAHARASHTRA AND ANR    

Case Number : Bombay(Criminal)    WP/3210/2011

Filing Date: 15/10/2011 -  Reg. Date:-15/10/2011

Filed on 15 October 2011

This is Case filed on 15th of October from Raidgad its reagarding FIR quashing.

http://bombayhighcourt.nic.in/casequery_action.php?auth=bV9oYz0wMSZtX3NyPVImbV9zaWRlZmxnPUNSJm1fZmlsX25vPTAxMzA4MDMyMTAyMDExJm1fc2tleT1XUCZtX25vPTMyMTAmbV95cj0yMDEx

2.  SPEAK ASIA ONLINE PTE LIMITED 

V/S 

THE STATE OF MAHARASHTRA AND ANR            

Case Number : Bombay(Criminal)    WP/3211/2011

Filing Date: 15/10/2011 -  Reg. Date:-15/10/2011

Filed on 15 October 2011

This is Case filed on 15th of October from Thane its reagarding FIR quashing.

Link on Mumbai Court Website :

http://bombayhighcourt.nic.in/casequery_action.php?auth=bV9oYz0wMSZtX3NyPVImbV9zaWRlZmxnPUNSJm1fZmlsX25vPTAxMzA4MDMyMTEyMDExJm1fc2tleT1XUCZtX25vPTMyMTEmbV95cj0yMDEx

3.  ALL INDIA SPEAK ASIA PANELIST ASSOCIATION AND ORS 

V/S 

THE STATE OF MAHARASHTRA AND ANR    

Case Number : Bombay(Criminal)    WP/3611/2011

However ever since this hearing, the entire Speak Asia Online community inclusive of the company and its employees, panelist and their family members including both women and old parents have become the target of  a renewed malicious campaign by the authorities. This started with the arrest of Mr. Melvin Crasto, President of the AISPA and also this followed up with the arrest of one of the Regional Manager of our company.  Both these actions are highly deplorable as they come in the back drop of the mediation process already set in motion. We are given to believe though reliable sources that a senior officer of EOW has gone on to state that there will be more such arrests in the very near future with an aim of spreading panic amongst the panelist community which till now has been the major source of strength for the company.

We would like to assure all our stake holders that we will leave no stone unturned, not only to resolve the current situation but also to restart our business at the earliest. All our endeavours are aimed towards ensuring that our entire community including our employees, panelist and business associates is in no way inconvenienced any further.

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