It's time to smile ....

www.aispa.co.in 


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 


and finally ordered by the Hon. Supreme Court.

It is now only a matter of time that we all will taste sweet victory very very soon .

"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 .

We are bound to win and we will definitely win …Tarak Bajpai.

Jai Speakasia,

Jai Speakasia,

Jai Speakasia .

Proud to be Speakasian… actually very proud</p>

Ashok Bahirwani

Secretary

AISPA

Updates of 12 Dec. 2011

Dear Speakasians...


Greetings to all....i know as everyone is upset and depressed bcoz people had many expectations on today's meeting which was held...the meeting was held in a positive way...and again notices or reminder has been sent to the concerned authority EOW which did not turned up even today.

The extension of Melwyn Crasto Sir and Postponing of Raigarh and thane case was again a little depressing...Let me tell you all clearly unless and until the payment wont start these all external issues will keep on happenning to create panic amongst all speakasian...All i can say is we need to wait for another few 10-15 days for things to happen which everyone will be happy to know...
... 
The only thing which is delaying our matter as of now is the absence of EOW to give authorization for our server to access...Unless and until EOW will not turn up it would be difficult for us to get the server and start the payment process which may delay...But if Justice Lahoti wants it to be done before Christmas then i will be greatful to him and blessings of all of us will be there...

The fight is still on and we are very near for our business to get things normalized as soon as possible...but because of the enemity and business rivalries we are facing the problem till now and the delay done by Govt. agencies.

All i want to say is please hold on your breathe for few days and be patience and control ur downline or team for few more days and i am sure things to be done in a positive way which will not only bring peace to all panelist but will also be good for a long run for a great journey ahead...

Update from SpeakAsia marketing tem

Sunday, 4 December 2011
Update from Corporate Marketing Team :
http://speakasiaonlinemarketing.blogspot.com/2011/12/update-from-corporate-marketing-team.html

Dear Speak Asians,

The past few weeks have been very eventful. While we are very happy that the first hearing of the committee appointed by the honorable 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.

However ever since this hearing, the entire Speak Asians 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 endeavors are aimed towards ensuring that our entire community including our employees, panelist and business associates is in no way inconvenienced any further.

Warm regards,

SpeakAsia Corporate Marketing Team

Date postponed but not to worry

Meeting is Fixed on 28th November because Mr. Lohati ji is not available in delhi he is going out for some other case… So why are you all creating a panic… Maintain Patience, This 28th Nov is prefixed by Mr. Lohati and 21st was given by supreme court without knowledge of Mr. Lohati

So leave your all tensions and make a wish for 28th Novemeber.. ‎28th November 04.00 PM is Fixed date dont worry.

Speak Asia Zindabad 

The complete updates of 14th Nov SC hearing

Dear Speak Asian,

Please go through below the findings of today's ( 14th Nov) hearing in the Supreme Court.

14 November, 2011 : AISPA (HINDI)

http://www.youtube.com/watch?v=lvEINSR3T0c

First of all, I want to remind you, SAOL’S 17 OCTOBER COMMUNICATION in which company clearly mentioned that they are ready to pay all panellists.

Also in my previous updates I had already mentioned that we are going to have some cheers very soon, so we got a date of 21 November.

Today SC was very unhappy as again no Govt Agencies turned up. We should celebrate it because after having a long investigation process , they are still unable to file even a cut of paper against our company.

Honorable retired justice Mr R C Lohati Sir got all right to be a mediator between Govt Agency and company to resolve the issue.

On 21 November, he may give instruction to all concern parties to case to finalize our most awaited payouts to all the panelists.

The following major happenings are going to happen in next 7 days which are---

1. Hearing before Mumbai high court on 16 th November Along with PIL OF AISPA: I want to remind you again it is our original case which will decide future of business restart.

2. As you know that after this case, our website is taken by EOW IN THEIR control, so after 16 November, company will initiate process of tacking back server, Any day after 16 you may be able to login again.

3. You may be become surprised to know that after 21 November, Any day u can hear the news of payouts.

4. Company’s top officials are holding communication with each other to formulate all steps forward.

Thanks

:) 

The 14th Nov. Supreme Court hearing :

Updates till now : 

Congratulations dear Speakasians,

Payment Process will start soon 101% Confirmed ...

Committee has been formed and Under Supervision of Retd. Justice Lohati Payments process will start soon..

On 21st Nov 2011 All authorities have to be present in front of The New Committee and Justice Lohati Ji will look into the whole matter and will startup the payments asap...

Note : Our SAOL is ready to pay to all panelists and Company has sufficient funds to pay....

Latest update as on 10th Nov.

Check this :

http://speakasiaonlinemarketing.blogspot.com/

Dear SpeakAsians,

Over the last two days our website has all of a sudden become active and is allowing the SpeakAsians to log in and view the website.  We would like to state that the website access passwords and database access was taken over by the Economic offences wing of the Mumbai Police. This was obtained from the technical team of the company that used to maintain the website. This action was executed immediately after the arrests of the company's COO and others. Since then SAOL has no access to the website speakasiaonline.com. 

Furthermore, we would also like to clarify that the any attempt on our part to regain the server access would have been deemed as obstructing the investigation. SAOL is totally committed to cooperating with the concerned authorities and therefore has not initiated any action that may be deemed as obstruction to the investigations.

The motive behind partially restoring the access to the website speakasiaonline.com is at the moment not available to us as we have had no official communication from EOW, Mumbai Police on this subject.

We appeal to you to not believe false and motivated news item appearing online as well as in conventional media. We also would like to assure the SpeakAsian community that the company has initiated a series of actions aimed at restarting and returning to business as usual.

Regards,

SpeakAsia Corporate Marketing Team

Ashok Bahirwani Sir's Updates as on 31st October

I wish to thank all of the so many Speakasians, who sent me text messages, wishing me a very happy Diwali. I am sorry, I could not reciprocate the messages, as I was not celebrating Diwali due to my mother’s sad demise. Through this update I thank all of you for having remembered me on this auspicious day..

.Over the last couple of days many Speakasians kept calling me, specially around the 28 wanting to know if the EOW had filed their charge sheet, as 90 days were over since the arrest of Mr. Tarak Bajpai ji..

.Allow me to explain the factual position, the 90 day rule that the panelists were referring to is in fact as follows “If an accused is in custody for a period of 60/90 days and if the charge sheet is not filed during this period, then the accused is eligible for Bail” .

.60/90 days is because, if the maximum punishable sentence in the particular case is less than 7 years as in SAOL’s case, then the period in question is 60 days if the maximum punishable sentence is more than seven years than it is 90 days..

.Besides the above there is no time limit under which the investigating authority has to complete the investigation..

.The Panelists wanted to have a clear current position of the various court cases and I try to explain hereunder:.

.1. The Solomon James matter (Where around 225 independent Panelists have filed a writ petition bearing number WP/383 of 2011), the next date of hearing is 8 th November, 2011. On this date it is expected that all the parties viz. the RBI, The Finance Ministry, SAOL and HVP who are the original respondents to the petition and the two new impleaded parties i.e. EOW and CTBT (IT Department), are expected to be present..

.What is expected in the Supreme Court on this day?.

.First, we will get to know, what the stand of all the parties is. .

.Second, we will come to understand what the Hon. Court thinks prima facie, and what is the stand of the Hon. Court..

Third, I am sure as ordered by the Hon. Supreme court, in the last hearing the company must have by now filed their affidavit, confirming that in the eventuality of any tax liability arising out of the matter, then the company will honor such a liability. I am sure the company will not have any problem in giving such an undertaking.
Fourth, and most importantly we all hope that the committee, headed by the retired Chief Justice of Supreme Court, His honorable Justice Lahoti, will be constituted thereby setting the ball rolling in the company’s favor..

.I take leave, and attempt to illustrate the entire situation, by giving a simple example..

.Assume, that we all are in Mumbai and our final destination, is say Delhi (Our final destination being complete normalization of business and restart of payouts and an active website), we will come to know how the Hon. Court orders us to reach our destination..

.If the Hon. Supreme Court, orders us that we fly down, then I suppose the entire normalization can happen as soon as November. If the Hon. Court orders us to reach our destination by rail then we will be able to achieve our goal by maybe end December. If the Hon. Court puts us on the road route, than we should be prepared to see normalization by Jan/Feb 2012..

.We will come to know the exact situation only after the hearing of the 8 November, 2011..

.What we need to quickly understand, is that the company will resume its business, is an ABSOLUTE reality and this will happen 100%. .

.What scores of Panelists want, is that if the website is active and visible, where we all can go and see our RP’s, and if payments are actually started at least for the panelists who have opted for the EXIT OPTION, then the panel will have no problem waiting for the normalization of business..

.1. The PIL filed by .AISPA, in the Mumbai High Court, was slated for after vacation and we will confirm the hearing date soon. Unconfirmed sources report that the matter is listed on 9 November, 2011. .

.2. The .SLP (Special Leave Application), filed in the Hon. Supreme Court, filed by the company, against the dismissal of the company’s petition for quashing the FIR, in the Hyderabad High Court. In this matter the Hon. Supreme Court has issued notice to the parties viz. The State of AP and the CB-CID (AP). The listing of this matter is awaited..

.3. The company SAOL through their legal advisors M/s. Phoenix Law Firm have served a “seize and desist notice” to the reporter of TOI Mr. Mateen Hafeez and the entire editorial and the management of TOI. I will be more than pleased to report the progress on this matter as it unfolds..

.Friends, Fellow Speakasians, I am supremely confident on the intention of the company, and their resolve to restart business as soon as possible, not only in India but in almost entire Asia and indeed the whole world..

.We as panelists, need to do only simple and most easy things, like having patience, having trust in the company, and have implicit faith in our beloved company SAOL..

.We need to acknowledge, the struggle of our leaders, like our Global CEO Mrs. Haren Kaur, Our Indian CEO Mr. Manoj Kumarji, and last but not the least, our . Babar sher our inspirational COO Mr. Tarak Bajpai ji. .

..“I do not think that winning is the most important thing. I think winning is the only thing”.

.- Bill Veeck.

.Proud to be Speakasian…..actually very proud..

.Jai Speakasia.

.Ashok Bahirwani.
.Secretary.
.AISPA

Speak Asian, isn't it a party time !!!!

Payments are on the way it is expected to come in 3 weeks ....
As we all know that we have finally hear a one very positive news .And it had came from the house of supreme court this is indeed a victory in that hearing of 17 october. Honorable Supreme Court had taken an initiative and had passed the order to give relief to the panelist through payout release .To ensure that the payment must go topanelist the Honorable Court had form a committee headed by former chief justice of India .

So now we will discuss all facts an assume at when the payment will come to our account to know exact calculation of dates we must analyse what can happen in 3 weeks .

The committee headed by former chief justice of india was given a task to release the payments to the panelsit as soon as possible .The question arises will rbi eow and cid and it departments will listen to him as quick as they can.The answer is very simple .The committee which has been formed is very powerful in itself it has all the constitutional right to take action to ensure the right judgement .So there is a great power involved in it so no matter what happen it is for sure that payment will come soon.

It may take time to release payments may be 2 weeks minimum and 3 weeks maximum .But according to my view the first payment could come very soon. may be 27 October will be the day at when we can see the payments .For payments speakasia will have to take permissions from rbi and cid and eow and they will give permissions to committee may be in a weak . If they will not do immediately then they will have to face the hard words in court .So the final conclusion is that the supreme court factor will work here and may be RBI could submit there reply as quickly as they can.And the time which was given to eow is expiring at 27 October .So eow can't raise any single question against speakasia .So the final conclusion is that payment may come after 27 October anytime .With the immidiate effect the committee will take decision soon .So we have won half the battle once the payment will release there is not getting back a bright future for speakasia is waiting .

So speakasian its a party time and this diwali the candle hope in every speakasian will flame as bright as it had never been done before .


- Sk Samsul Ali 

Official Communication from Speak Asia on Supreme Court hearing dated 17/10/2011

October 18th,2011.

Dear Panelist,

The Honourable Justice Dalveer Bhandari of the Supreme Court strongly reprimanded the Ministry of Finance and the Reserve Bank of India, for not having filled the reply affidavit, to the writ petition filed by the panellists of Speak Asia. Ministry of Finance and the Reserve Bank of India were supposed file their replys on or before the 10^th October 2011. Justice Dalveer Bhandari has asked Additional Solicitor general Kitit N. Rawal to ensure that both the respondents should file their affidavit before the next hearing. He also said that the casual attitude of the Government in this issue was very disturbing as it was the issue of the money and livelihood of so many people

  

Disposing before the bench of Justice Dalveer Bhandari and Justice Deepak Varma, Gopal Subramanian, senior council for Speak Asia explained the total business model of the company. He compared the business of Speak Asia to that of Ebay, where the consumer benefits most. He said this was a much better and refined version as the consumers not only got great deals but could also earn reward points that could be used to buy goods and services. He also emphasised on the training initiatives taken by the company. He lauded the extraordinary vision of the two Singapore based entrepreneurs and the unfortunate victimisation of the company

He urged the court to form a committee headed by Retd. Chief Justice R.C Lahoti, to facilitate the payments to be made to the panellists. He said that the company has the resources to complete all their obligations. He further added that the they have no problems with the ongoing investigations and had upmost faith in the law of the land.  He also appraised the court on how the company has been harassed on the basis of some unsubstantiated media reports, and was pursuing legitimate business in the internet space which is the future of all business transactions

The council for the panellist Mr.Mukul Rohitgi urged the court for immediate relief for the panellist. The Supreme Court was most inclined to set up a committee to look into all the issues of the company and its panaellists

The Supreme Court has also instructed the CBDT and the EOW – Mumbai police who have the records of all the payments to be made party to the case, to be present for the next hearing which will be in the next two weeks.

This is wonderful news for all Speak Asians, as they see a ray of hope not only in being able to receive the money that they have earned but also to continue to work and grow with Speak Asia.

Regards,

SpeakAsia Corporate Marketing Team.

Speak Asia must come back soon

Speak Asia must Come Back, and make history not in Indian region but also in the world - Monoj Kumar

"Yes! Speak Asia must back and it will be happen soon" Monoj Kumar CEO of SpeakAsia. He also added that Speak Asia will make everyone wrong about that it is not a ponzy method and It is a good sign that Speakasian are still United.
There are some rumors that Speak Asia could not proceed because of CASE. But Till now SPEAK ASIA Management are showing that they are active in this matter and they will survibe, the victory will be at their side. The Confidence level of Monoj Kumar is still the same as before. He is busy with his team and working hard for SAOL and waiting for the report of EOW, RBI and other Indian Govt Authorities. According to him, (Text Message) Speak Asia will rock soon and It will make history in the Survey marketing not only in India and Bangladesh But also in the whole world. SAOL is not fraud company, They came to market to build the future not to destroy the life of its members.

He answered another question on his text message that the Existing Members, and leaders will be rewarded. Because SAOL could not be fulfilled without existing members and leaders. Some misunderstanding is created, but that are not TRUE.
He could not come to front because SAOL Legal team's advice. He added the SAOL's Bangladesh operation is 100% ready and ready to launch at any day  

Look into this Article :

AMWAY AND SPEAK ASIA ONLINE


I guess many of you are already aware about Amway. It was the first international MLM company to hit Indian market. I am not comparing Amway with Speak Asia in any way as the business model is different in both the companies. I am just bringing the fact that Amway has already gone through the scenario which Speak Asia is facing today.
Multi Level Marketing is a legal business not only in India but abroad as well. But the fact is that people are not aware of its working concepts.
Amway was first to hit Indian market some 13 years ago (I guess) and it is still in the market.
Amway has several times been accused of being a pyramid scheme. A 1979 FTC investigation in the United States, a 1997 Belgian court and a 2008 court judgement in the United Kingdom all dismissed these claims.
In September 2006, following a public complaint, Andhra Pradesh state police (CID) (Most of the complaints are in this state I guess) initiated raids and seizures against Amway distributors in the state, and submitted a petition against them, claiming the company violated the Prize Chits and Money Circulation Schemes (banning) Act. They shut down all offices of firm Amway, and Arijit Saha writes that “with it the fate of 80,000 distributors of the company has been indefinitely sealed“. – Source (Wikipedia)
The same is happening with Speak Asia at the moment. I don’t want to comment whether the company is right or wrong but the fact is that the fate of 2 million Speak Asia panelists has been sealed.
Govt. or Court should give these kind of cases to “Fast Track Courts” so that the judgement may come bit early. People are desperate with no clue whatsoever regarding the cases and proceedings. Every Speak Asia Panelist wants company to start its operations as soon as possible but the fate of the company is in the hands of Govt and Court.
If for any reason, company fails to satisfy the RBI, no doubt the business will be closed but if it satisfy the RBI, chances are that the company may start its operations in India again.
The only person crushed in between the Govt and the Company is the “Panelist” of Speak Asia.
Thanks,
Shaishav Sood
Founder, MLMinIndia

CURRENT SITUATION OF SAOL.....

1. Since the Hon'ble judge oh Mumbai High Court is elevated to supreme court of India, thats why our case in Mumbai High Court got delayed by 21 days, due to the fact that durga pooja holidays came during the course...hearing is on 12th october now. in mumbai high court, EOW, ROC and MCA are involved.

2. Case is also going on in Hon'ble Supreme court of India, that is from panelists side, its hearing is on 10th october. in it RBI, ROC, MCA are involved. SAOL is represented by one among the top five lawyers in india, Mukul Rohatgi

3. Rbi meeting was held with SAOL on 20th September, some queries and documents are asked by RBI, for which 2 weeks time is given by RBI, now SAOL will give results and replies in two weeks to RBI that ends up on 4th october. so it will be sooner. and since RBI is satisfied with the buziness model and work of SAOL thats why they are further interested to get more things related and will give clearence soon.

4. nearly all agencies have finished its inquiry, EOW, ROC, MCA, SFIO, and RBI is doin through meets and documents verification. so in the current scenario, i can assure this only. that if anything faulty or fraudy would have been detected then, neither RBI would have called again for few more things, and also till this time charge sheet against company in various fields and frauds would have been filed, so... its just a matter of some days more, we all will be celebrating our win...as all is in judicial procedure now...it depends on clearence in Courts, and since too much holidays are coming, so hearings are delayed...and things are moving slowly...!!

Kindly bare with this...!! u will get good results soon...!!

21 September Update