SOP framed by CRCS approved by Justice Shri R. Subhash Reddy, Saharayn disbursed Rs.302.96 Cr. in 1 year

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
Case closed   
Date of Action
03/05/2024
Remarks
1. The amount is being released to the genuine depositors of Sahara Group of Cooperative Societies according to the SoP framed by Central Registrar of Cooperative Societies as approved by Hon’ble Justice (Retd.) Shri R. Subhash Reddy for implementation of Supreme Court order dated 29.03.2023 in WP No. 191/2022.

2. An application was filed before Hon’ble Supreme Court of India, seeking extension up to 31.12.2024, which has been granted by Hon’ble Supreme Court.

3. The current status of disbursement to the depositors as on 30.04.2024 is as under: -

i. Amount Released: - 302.96 Cr.
ii. Total number of depositors: - 3,24,581
Rating
1
Poor
Rating Remarks
The current status of disbursement to the depositors as on 30.04.2024 is as under: - i. Amount Released: - 302.96 Cr. ii. Total number of depositors: - 3,24,581 Think about the gravity of situation in one year, concerned staff has disbursed Rs.302.96 crore among 3,24,581 depositors of the Sahara Universal Multipurpose Society Bhopal and others. They have to distribute rupees 5000 crore among depositors of the Sahara Company according to the order passed by the apex court of India in 9 months. They are seeking time up to December 2024 for the repayment of the dues of the depositors of Sahara company. Prima facie there is no signal of the repayment of the depositors quite obvious from the cryptic and mysterious working style of the central registrar cooperative society. Whether it is not corruption that depositors are not getting their paid amount to Sahara Company which was their hard-earned money from their life savings. This is direct loot of government through private players.
Appeal Details
Appeal Number
Date of Receipt
Appeal Text
Current Status
Officer Concerns To
Officer Name
Amit Kumar Rawat (Under Secretary)
Organisation name
Ministry of Cooperation
Contact Address
Atal Urja Bhawan Near CGO Complex Lodhi Road
Email Address
us-coopn@gov.in
Contact Number
01120849001
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.
Yogi

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