Supreme court may initiate contempt proceedings for repaying Rs.263.63 Crore only to Sahara depositors

 
Grievance Status for registration number : MOCOP/E/2024/0000545

Grievance Concerns To

Name Of Complainant

Yogi M. P. Singh

Date of Receipt

26/04/2024

Received By Ministry/Department

Cooperation

Grievance Description

Cooperation >> Central Registrar and Cooperative Society >> Multi State Cooperative Society related matters >> Other Multi State Cooperative Society related issues

Society Name : Saharayn Universal Multipurpose Society Ltd. Bhopal

Reference number from MSCS Act : Compliance of apex court order was not made by central registrar

Grievance Status for registration number : MOCOP/E/2024/0000451, Grievance Concerns To Name Of Complainant-Yogi M. P. Singh, Date of Receipt-29/03/2024

Under the right to information act 2005 CRCS said that Rs.263.63 Crore has been repaid to 2,83,863 depositors of Sahara Group of Cooperative Societies out of Rs.5000 crore.

You had to disperse the released fund 5000 crore within 9 months according to the order of the apex court and now one year has passed. Please provide the current status under article 51 A of the Constitution of India. Right to reason is an indispensable part of a sound administrative system so provide the reason for non-compliance so that concerned court may be properly informed.

Here the motive of the government is important, and this motive is reflected in the working of the employees of the government.

There are huge numbers of depositors of the Sahara Company and Sebi has secured twenty-five thousand crore rupees of the Sahara Company in order to safeguard the rights of the depositors.

The amount disbursed among the depositors of the Sahara Company in one year is only rupees 263.63 crore while central registrar cooperative society had to ensure the repayment of 5000 crore as directed by Apex Court of India.

Reply of PIO- Till January 2024, an amount of Rs.263.63 Crore has been released to 2,83,863 depositors of Sahara Group of Cooperative Societies through CRCS-Sahara Refund Portal.

Remarks made by the subordinate of the central register cooperative society in the aforementioned grievance of the applicant as follows.

Since 9 months time granted vide Honourable Supreme Court Order dated 29.03.2023 has expired on 28.12.2023, an application has been filed before Honourable Supreme Court seeking extension of time up to 30.06.2024 for implementation of order dated 29.03.2023.

Whether it is not a contempt of court committed by the central registrar cooperative society as the compliance of the order of the apex court of India was not carried out

Grievance Document

Current Status

Grievance received.   

Date of Action

26/04/2024

Officer Concerns To

Forwarded to

Cooperation

Officer Name

Shri Shekhar Bose (Under Secretary)

Organisation name

Cooperation

Contact Address

Delhi Delhi Delhi

Email Address

shekher.bose@gov.in

Contact Number

01123387926

Reminder(s) / Clarification(s)

Reminder Date

Remarks

26/04/2024

Whether it is not a contempt of court committed by the central registrar cooperative society as the compliance of the order of the apex court of India was not carried out in letter in spirit.

Total expenditure incurred for development and operation of CRCS-Sahara Refund Portal up to January 2024 is About Rs.19.90 Crore. Total payment made to Hon'ble Justice Retd R. Subhash Reddy's honorarium as per Hon'ble Supreme Court directions on 29th March 2023 is Rs.1.50 Crore up to January 2024. Till January 2024, an amount of Rs.263.63 Crore has been released to 2,83,863 depositors of Sahara Group of Cooperative Societies through CRCS-Sahara Refund Portal.

To see the attached document to the grievance, please click on the link

Comments

  1. This is Modi government, they are only waiting for election result, once the election result is declared then they will not repay single penny to the depositors of the Sahara multipurpose society. This government redeem the electoral bond of lottery king Santiago Martin. Most of the cheaters bow their heads before them.

    ReplyDelete
  2. Think about the credibility of the Government of India as well as apex court of India who could not disburse 5000 crore rupees among the depositors.

    ReplyDelete

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