Dipakkumar Jayantilal Shah B-302 Vrajbhumi Apartments,
Opp Riddhi Towers, Jodhpur Gam Road
Satellite, Ahmedabad 380015
17.10.2013
The Chairman and Managing Director,
Ratnamani Metals and Tubes Limited
17 Rajmugat Socity, Naranpura Char Rasta , Ankur Riad,
Naranpura , Ahmedabad 380013
Dear Sir,
Reg:- Payment of Cost of Rs 5000/- as imposed by Hon. High Court in the Case no 10 of 2012 .
With e\reference to the above I have to state as under. Kindly supply me Balance Sheets from 1996 to 2013.
I hereby submit a cheque of Rs 5000/ in favour of the Company drawn on H D F C Bank Limited Bodakdev Branch, Ahmedabad cheque no 868449 dated 17.10.2013 which please kindly acknowledge the receipt of the same and oblige. I am sorry to state at this juncture that as I was out of India immediately two days later to USA. I could not pay the same. If you wish to have interest on the same kindly let me know the amount of interest and I shall pay the same immediately.
It is to be mentioned at this stage that I had written one e mail on asking clarifications on several points on accounts for 31.03.2013. So far ever Annual General Meeting and at any time you have ever given reply to any of my letters in spirit .Even anomaly of accounts in 31.03.19994 you have never disclosed any clarification in Tax Audit Report U/s 44 A B of the Income Tax Act to any courts so far and remain silent and alleging the Respondent (Me) wrongly.
Please reply,
Encl;:- Cheque No 868449H D F C Bank Ltd for Rs 5000/-
Dipakkumar Jayantilal Shah B-302 Vrajbhumi Apartments,
Opp Riddhi Towers, Jodhpur Gam Road
Satellite, Ahmedabad 380015
18.10.2013
The Chairman and Managing Director,
Ratnamani Metals and Tubes Limited
17 Rajmugat Society, Naranpura Char Rasta , Ankur Riad,
Naranpura , Ahmedabad 380013
Dear Sir,
Reg: Personal Visit to deliver a letter and a cheque at Registered Office on 17.10.2013 @5.10 PM and Kept me waiting for 30 Minutes till 5.45 PM.
With reference to above and in continuation of my several letters written to you I have to state as under.
I visited your Registered Office to deliver the attached letter with a cheque to the Company Secretary. He was not present at that time. Mr. Piyush C Shah kept me waiting for 30 minutes took the letter with cheque and did not give receipt of the letter. I do not understand any logic every time with me in not to accepting delivery of any letter from me in person and asking me to send the same by post. What is the service of letter under the Companies Act as a shareholder addressing a letter to Company ? Every time I am asked to send any letter or question to be send by Post only. Having spent fuel to reach at the Registered Office to deliver the letter and again to be sent it by post only. What is your corporate Governance and Code of conduct
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with the legal requirement and legal compliance ?. It is a fact that from 1994 to till date you have hid the fact of anomaly in published accounts in 31.03.1994 of Ratnamani Engineering Limited with reference to Tax Audit Report of the same and hid and did not disclose / produce any documentary evidence and written reply to this question to any courts. This shows your diligence to Legal Requirements and following hid the facts to all Hon. Courts and kidding the way from one way to another way. Please also let me know the reason with statutory requirement as under the Companies Act 1956 and 2013 or the Law you are following /referring to in all the matters for the Investors Grievances.
As per the requirement of Stock Exchanges what process you had followed to refer to this grievance for last more than 18 years and follow up with SEBI, Registrar of Companies ,National Stock Exchanges , Ministry of Corporate Affairs. Please also give full explanations as to why no particular reply was given to Official Liquidator Letter in respect of a question of anomaly in accounts of 31.03.194 and with reference to Tax Audit Report, asking the question straight on inclusion of Know How Fees, a meare book entry of Profit of Rs 65 Lacs as Know how fees in in accounts and the same amount was deleted Tax Auditors (the same statutory auditors) while submitting the Income Tax Return . You always defend by way of defending that all my appeals and cases thrown away simply on condonation of delay application . But have you ever said that the question of a fact of fraud in accounts never in any court decided!!!. In Hon. City Civil Court , Civil Suit you had avoided to produce the documentary evidence of Tax Audit report in 2006.The reason Best known to you. At the Notice of Motion stage all facts mentioned in reply to Notice of Motion were totally bogus and far away from the facts of the case in 1996 at Merger Petition. It was also a fact that I did file objection to merger petition and you never cared to give any
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reply to the same. Not only this but also you hid the fact of mentioning the civil suit was pending in Hon. Lower court as required under the Companies Act 1956 u/s 391 to 394 of the said act. The reason for not disclosing the said pending civil suit as on the date of filing the Merger petition and what process you followed best known to you. In Valuation Report of M/s C. C. Chokshi & Co Chartered Accountants also mentioned in their valuation report that challenging the Accounts for 31.03.1994 is pending in lower court. But all you have taken care to ignore all this matter is your way of process in dealing with legal requirement to be followed and as against Board of Directors Governance and Code of Conduct, also corporate Governance to be followed by the Company. Not only this but you at the stage of Final Hearing of the merger petition you / your advocate on record did not take any care to inform me the date of final hearing and also remained silent over all the questions , a material to this case , never gave full and proper reply to all Hon. Courts . What is your Code of Conduct of Directors and Corporate Governance in this respect please let me know.
I hope you will accept this letter by post which you prompted to ignore to accept the same in person.
Please kindly give reply to all these questions fully and with documents, if you have nay contrary to this questions.
Thanking you,
Yours faithfully,
Encl: 1 Letter dated 17.10.2013 along with cheque of Rs 5000/-
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