Hello,
Any FTIL shareholders here ?
Received message and email from SHAFT.
Looks www.shaftil.org movement will save this stock.
Below is mail received from SHAFT
Dear Fellow Financial Technologies Share Holder,
YOUR COMPANY… JOIN SHAFT TODAY!
You must be aware of the Draft Order dated 21.10.14 issued by the Ministry of Corporate Affairs, Government of India (hereafter referred to as “MCA”) proposing amalgamation of NSEL into FTIL. The Draft Order allows us as important stakeholder to our objections and the same will be duly considered before passing the Final Order. All the stakeholders have time ONLY up-to 5th March, 2015 to raise our objections against the Draft Order.
1. The Draft Order is detrimental to the interests of all the shareholders of FTIL (i.e. all of us) as it proposes to amalgamate a loss making company NSEL into a financially healthy company FTIL.
2. The Draft Order has been issued in just 4 days relying solely on the recommendations of FMC and has by-passed the entire judiciary system
3. The Draft Order is illegal as it takes away from us our constitutional right by expropriating our property.
4. FTIL is a very strong company with great future. The Book Value of FTIL is Rs 614 and cash reserves are over Rs 500 per share. The passing of the said Order has the potential to bring down FTIL value to ZERO.
5. The Draft Order completely disregards the separate corporate personality of FTIL from NSEL.
6. The sole purpose of the Draft Order is to transfer alleged and unproven claims of approximately Rs. 5,600 Crores against NSEL to FTIL-despite the matter being sub-judice in the Bombay High Court.
7. The action by FMC is only against our Company and almost no action against either Defaulters or Brokers of NSEL.
Given that our interests as shareholders of FTIL are directly at stake due to the Draft Order, we have formed an association of like-minded shareholders of FTIL known as the Share Holder’s Association of FTIL (SHAFT), with the sole objective of opposing the Draft Order.
Oppose the Draft Order. JOIN SHAFT by becoming a member:
· SMS Y to 09212356161
· To register online log on to www.shaftil.in
· Email id - Email (Simply reply to this e-mail)
· Contact us – 08898890044
Catch the latest updates on:
· Follow SHAFT on Twitter: https://twitter.com/shaftil
· Like us on Facebook : https://www.facebook.com/shaftildotorg
· Join us on LinkedIn : https://www.linkedin.com/groups/SHAFT-6941973?home=&gid=6941973
Any FTIL shareholders here ?
Received message and email from SHAFT.
Looks www.shaftil.org movement will save this stock.
Below is mail received from SHAFT
Dear Fellow Financial Technologies Share Holder,
YOUR COMPANY… JOIN SHAFT TODAY!
You must be aware of the Draft Order dated 21.10.14 issued by the Ministry of Corporate Affairs, Government of India (hereafter referred to as “MCA”) proposing amalgamation of NSEL into FTIL. The Draft Order allows us as important stakeholder to our objections and the same will be duly considered before passing the Final Order. All the stakeholders have time ONLY up-to 5th March, 2015 to raise our objections against the Draft Order.
1. The Draft Order is detrimental to the interests of all the shareholders of FTIL (i.e. all of us) as it proposes to amalgamate a loss making company NSEL into a financially healthy company FTIL.
2. The Draft Order has been issued in just 4 days relying solely on the recommendations of FMC and has by-passed the entire judiciary system
3. The Draft Order is illegal as it takes away from us our constitutional right by expropriating our property.
4. FTIL is a very strong company with great future. The Book Value of FTIL is Rs 614 and cash reserves are over Rs 500 per share. The passing of the said Order has the potential to bring down FTIL value to ZERO.
5. The Draft Order completely disregards the separate corporate personality of FTIL from NSEL.
6. The sole purpose of the Draft Order is to transfer alleged and unproven claims of approximately Rs. 5,600 Crores against NSEL to FTIL-despite the matter being sub-judice in the Bombay High Court.
7. The action by FMC is only against our Company and almost no action against either Defaulters or Brokers of NSEL.
Given that our interests as shareholders of FTIL are directly at stake due to the Draft Order, we have formed an association of like-minded shareholders of FTIL known as the Share Holder’s Association of FTIL (SHAFT), with the sole objective of opposing the Draft Order.
Oppose the Draft Order. JOIN SHAFT by becoming a member:
· SMS Y to 09212356161
· To register online log on to www.shaftil.in
· Email id - Email (Simply reply to this e-mail)
· Contact us – 08898890044
Catch the latest updates on:
· Follow SHAFT on Twitter: https://twitter.com/shaftil
· Like us on Facebook : https://www.facebook.com/shaftildotorg
· Join us on LinkedIn : https://www.linkedin.com/groups/SHAFT-6941973?home=&gid=6941973
