Tuesday, October 17, 2017

DSK keeps on threatening & emotionally manipulating Fixed Deposit Holders

Thanks to a deafening silence of Economic Offences Wing (EOW) of Pune Police, Securities and Exchange Board of India (SEBI) and Stock Exchanges!







Pune-based DS Kulkarni group that had defaulted on repayments to thousands of investors is still trying to buy more time.

In fact, Deepak S Kulkarni, the group promoter, continue to promise several things to investors.

This includes promise for repayment by March 2018 and also threat to commit suicide if investors file a first information report (FIR) against him.

However, neither Mr Kulkarni nor DS Kulkarni Developers Ltd, the group's listed unit, is ready to reveal source of this funding.

In fact, D S Kulkarni Developers is mandated to update stock exchanges about every price sensitive information.

However, there is no update from the company on BSE or NSE websites.

Has DSK managed to find a source from where to pay depositors?

That would be a significant development and it is mandatory for a listed company to inform shareholders of any significant corporate development.

If DSK does not have the money to pay, it is simply misleading its shareholders.

One would expect the market regulator Securities and Exchange Board of India (SEBI) and stock exchanges to question DSK about these statements but they are silent.

Read more at www.moneylife.in - DSK Defaults: DS Kulkarni continues to promise repayment without revealing source of ‘funding’; SEBI and exchanges keep mum

Maharashtra Government's Paripatrak about "Effective Implementation of MPID Act:




Maharashtra Protection of Interest of Depositors (MPID) Act.





MPID Act 1999 in Marathi - Android App on Google Play

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Sunday, October 15, 2017

The builder files a police complaint against the residents of Aarohi at Sus

The fight between Teerth Realties and the residents of Aarohi at Sus continues:


Aarohi at Sus
Space for Tennis Court
Space for Tennis Court
Space for Parking

The builder of Arohi society has filed a complaint against its residents, alleging that they damaged his construction material worth Rs 9 lakh.

While the fight between the builder and the residents is not new, the complaint filed on Friday has left citizens in a fix.

They are claiming that the builder has intentionally filed this complaint as they are fighting for basic amenities the builder is yet to provide them at the society.

But the builder insists that the residents have threatened and beaten up his employees as well as damaged his property.

Residents of Arohi society have long been at loggerheads with the builder over the two vacant plots in the society which, according to them, had been allotted for parking and a tennis court.

“The builder had promised that he would set up a tennis court and parking space in these two empty plots. Now, he is planning to sell off these plots for construction. Hence, to block the plots, he ended up dumping all the construction material there. But it was becoming difficult for us to stay in all this filth. So, we decided to clean the area. All the residents participated and cleaned this patch,“ shared Manish Hissaria, one of the residents.

On his part, builder Vijay Raundal, owner of Teerth Builders, claimed that it was the residents who were harassing him instead. “We got an increased FSI for the buildings. I am constructing the buildings based on the previously approved plan. But these residents do not want this to happen.So they are running from pillar to post to ensure that I am not able to go ahead.........

Read more at - Clean-up drive at home prompts cop complaint

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001