Tuesday, 26 January 2016

CSI SYNOD in TROUBLE.

CSI SYNOD in TROUBLE.

Dear friends,

A complaint was made to the Central Vigilance Commission, New Delhi against CSITA and its directors/members as well as RoC  with regard to the mismanagement and mal-administration of the company and violation of Indian Companies Act by them.

The Office of the RoC which filed more than 50 criminal cases, did not pursue the case matter either on the request of the directors (palm greasing) or the Office of the RoC was not acting in order to do favour to the Company for the reason best known to them. 

The Office of the RoC will always file criminal cases but will not pursue the cases. This modus operandi of the RoC  is only to bury the criminal affairs of the company once for all infavour of the company for the purpose of which is an open secret.

The CVC after scrutinizing the complaint found prima facie in the Complaint and forwarded the complaint to  the Central Vigilance Officer of  the Ministry of Corporate Affairs, New Delhi to take action against the accused persons and the office of RoC.

CVC's letter addressed to me is attached.
Dr.John S. Dorai
General Secretary

CSITA-BA