Filing of a pil in supreme court
Sudha Aditya
(Querist) 08 January 2015
This query is : Resolved
Vijayawada, Andhra Pradesh.
Sir,
In the month of Sep'14 my cousin,a social activist, tried to create awareness in public by way of hand bills regarding the fraud of Agri Gold company, collecting deposits from the pubic without RBI permission and preparing to turn the board soon by deviating the funds into their individual accounts.
On 1st of Oct the Agri Gold management fabricated fake cases on him and made him to jail for 14 days. After that he came out on bail. And fought for justice by way of sending mails to all the officials, RBI, CBI, ED etc., which ever he knows. And trying to file a PIL in Supreme Court.
Two days back the fraud of AgriGold came in light and the searches went in Directors' houses and the chairman is escaped.
Now the state government has handovered the case to CID. The news came in TV9 channel etc.
Now can my cousin file a PIL in Supreme Court against the fraud of AgriGold Farm Estates pvt.ltd
Kindly let me know.
ajay sethi
(Expert) 08 January 2015
why you want to file PIL ? fraud has come to light . CID will investigate and take action against management for fraud committed by them
Guest
(Expert) 08 January 2015
Better Consult your Local Good Advocate,Discuss and Seek the possible Remedy.
Rajendra K Goyal
(Expert) 09 January 2015
As the fraud has come in light, case is under investigation, no need of filing PIL. Your cousin should defend the cases against him.
Sudha Aditya
(Querist) 08 February 2015
Respected Sirs,
My cousin intensity was that this issue be taken by CBI and ED jointly, since it is involved in money laundering too. Though the case was taken by state CID, he is fighting for the justice to the poor people who invested in this fraud company from Rs.10/- daily onwards. Also sending mails to SEBI too.
Where this company chairman is very confidently telecasting his interview saying that they are not collecting any deposits from the public but only investments in his real estate business. Link is given below.
http://www.sakshi.com/video/news/agrigold-chairman-vr-rao-speaks-out-on-issues-regarding-payment-25178?pfrom=inside-related-video
Actually these funds are diverted into different benami companies maintaining by their kith and kin, which are running in loss.
Two days back the issue was taken by SEBI and ordered the company to stop all the activities and to handover the depositors details within 15days. Link is given below.
https://www.youtube.com/watch?v=MeYT4P2HQbQ
Sir, Kindly let me know how far SEBI can take action? Can SEBI also take the action on these benami companies?
