DHIRAJ GUPTA says:

February 7, 2012 at 9:56 PM

just forget everything dont listen to anybody apply your logic & think what is actual verdict of sc, this verdict is not related to restart of saol or close of saol, this verdict is related to payment which saol wanted to pay its panelist for filling of survey and binary reward etc. the intention of saol was very clear to pay single penny to its panelist but some govt. agency like ,rbi , income tax etc. its their fault govt. agency didnot want to allow saol to pay its panelist, this way all the money of saol forfeited by govt. agency, so saol big panelist united them self to claim their money from saol and through court they wanted from sc to clear all misunderstanding of govt. agecy.
now, sc verdict is totally in favor of saol, bcoz saol wanted to pay but denied by rbi, saol is in the position to pay all amount to panelist and further apply to restart of its operation so be cool and fun we r in right direction.

satish says:

February 7, 2012 at 8:58 PM

SC asks Speak Asia Online to return panelists investment by 11th Feb, 2012……………………Published by: Shobhit Kalra
Published on: Tue, 07 Feb 2012 at 19:58 IST

.New Delhi: Speak Asia Online, an online survey company connected with around 1.9 million panelists was facing a lot of problem from a lot time and this time some good news has knocked their doors.

Team Pardaphash has always offered the latest possible updates regarding the company and this time, Supreme Court has asked the online company to return the invested money by 11th Feb, 2012.

On an individual basis, every single investor had invested approximately INR 11,000 each in the online survey company and their heart throbbed when the bank accounts of the company were seized and a legal notice was sent.

Company’s dignity rattled after certain questions were raised on the company’s ownership and business model to which, Singapore-registered Speakasia Online has been unable to settle the doubts.

A bench of justices Dalveer Bhandari and Dipak Verma asked the mediator, appointed by it earlier, to ascertain the exact amount which is payable by Speak Asia to the investors and other authorities and directed the company to deposit the same within two weeks after that.

According to reports, mediators have given details in which they have shown a whooping amount of around INR 1300 crore that the company has to return to its investors till 11th February.

The bench decision came after a plea was filed by a group of investors of Speak Asia for recovering their money. Around 115 investors, who had put their money in the firm, had filed a petition before the apex court last year.

Pardaphash will soon get back with the updates regarding the payment returning procedure and other related updates.

link:http://www.pardaphash.com/news/sc-asks-speak-asia-to-return-inr-1300-cr-to-investors-till-feb-11/688078.html