You would observe from all these that SRG is a master of manipulations and the brain behind the same is Mr. Ashok Agarwal.
Their actions are resulting into losses worth hundreds of crores of rupees to the Exchequer, small investors and also to the companies whose transfer activities they are holding (refer letters dated 09-Nov-2000 to SEBL NSE and BSE).
The Faulty Modus Operandi of bad delivery settlement adopted by NSE / BSE Officials under conspiracy.
NSE & BSE to avoid auction process for the bad delivery of shares (which were introduced by the Broker Associated and connected with SRG InfoTech, their Directors and their employees) have fixed the price of Re. 1.10 for every share, which has returned and treated bad deliveries due to fake & forged shares printed by wrong doers.
Under the normal circumstances, if this bad delivery would have been affected through the Trading / Auction process, the price of Vatsa Corporations, would have gone up beyond Rs. 100/-.
Effectively the Brokers connected with wrong doers and Exchange Authorities have conspired jointly and deliberately suspended the above scrip at BSE and NSE for more than 12 months.
Every time the Company approaches NSE / BSE authorities for the purpose of lifting the ban on trading, NSE / BSE Authorities deliberately delay and give illusive replies.