The first complaint to Sebi was filed over a month ago, after the defaults had begun, by a senior scientist in a central government research agency, who did not want his identity to be revealed. Now, Chandrakala Nagotra, an employee of All India Radio (AIR), has approached Sebi against Shreesurya.
Nagotra had lodged separate complaints at Dhantoli and Ganeshpeth police stations as well as with the Economic Offences Wing (EOW). She had invested around Rs 9 lakh in Shreesurya's schemes, but did not get the money or interest when it was due.
A source in Sebi confirmed that a complaint has been received and forwarded to the concerned department.
Nagotra's complaint to Sebi has pointed out that Sameer Joshi, chairman of Shreesurya Group, had issued signed promissory notes which assured to pay quarterly interest. The company paid interest up to April 2013, but investor were subsequently asked to renew investments in his firm's schemes. Those who insisted on a payout were flatly refused, said Nagotra's lawyer Mugdha Chandurkar, citing her complaint letter.
The modus operandi of the firm was that it accepted deposits and issued promissory notes, and then paid in cash at the time of maturity, she added.
Meanwhile, Joshi told TOI that he was back at work and is available at his Rana Pratapnagar office. "Things are going fine now. I don't need to worry about Sebi as my business does not come under its ambit," he said.
Meanwhile, the police seem to be still busy in passing the buck in this case. When TOI inquired at Dhantoli police station, where Nagotra had filed a complaint, inspector in charge MF Shende said he had sent the case to Rana Pratapnagar, where Shreesurya Group has its office. At Rana Pratapnagar, officer in-charge MP Pagare said he had not received any such complaint yet. Even Kailash Kanse, deputy commissioner of police under whose zone Rana Pratapnagar station comes, said he had not come across any such complaint.
At Ganeshpeth police station, police inspector M Tembre claimed ignorance about the case. Sunil Kole, a DCP rank officer in EOW had the same answer, but he assured to inquire into it the next day. Commissioner of police KK Pathak, who was apprised about the whole affair, also said he would look into the matter.
Vaibhav Ganjapure & Shishir Arya, TNN | Aug 30, 2013, 01.55 AM IST