Asaram not just an alleged Rapist but also a Land Grabber worth 700 Crores

For years self made Godmen like Asaram have been fooling the people of this country in every possible  manner. While he is trying to dodge the investigation of an alleged rape of an 16 year old girl staying at his ashram, this not the only crime in which he is involved, Asaram has also made strong inroads in the corrupt world of Indian Corporate’s.  JAYANT VITAMINS having its registered office at Dosigaon Indl Area , Ratlam, Madhya Pradesh 457001 with the following management team has allowed Asaram to grab the Company’s land worth 700 crores.



Name / Designation
Prerana A Thakore / Chairman and Managing director
D M Popat / Director
D M Neterwala / Director
Nityanand/  Director
Ajay I Thakore / Director
R Kannan / Nominee Director
V Vishwanathan / Nominee Director
S P Adarkar / Director
Shaila Weling / Director
Rajarajeswari Devi Angre / Director

For the convenience of our readers I am reproducing the article which appeared in Financial Express on 17 Jan 2013.

Spiritual leader Asaram Bapu has run into fresh trouble with the Serious Fraud Investigating Office (SFIO) recommending his prosecution in a Rs 700-crore land grab case in Madhya Pradesh.
The SFIO in its recent recommendation to the Ministry of Corporate Affairs has said that Asaram and his son should be prosecuted under provisions of the Indian Penal Code and Companies Act 1956. A senior ministry official said, “We have received the recommendation from SFIO to prosecute Asaram Bapu, his son Narayan Sai and some others in the case and it is under consideration.”
A spokesperson for Asaram in Madhya Pradesh, however, denied the charges of land grabbing.
The case pertains to 200 acres of land in Ratlam. Located on the Delhi-Pune freight corridor, it belongs to Jayant Vitamins Limited (JVL) and was allegedly grabbed in 2000 and is being used by Asaram’s followers since then.
Ratlam MLA Paras Saklecha alleged the land was under litigation for several years and was much more than 200 acres that is under the scanner of the SFIO. He alleged that the district administration colluded with JVL, a company that illegally closed down in 1997, to facilitate the encroachment.
According to him, 473 workers were employed in JVL when it closed down and their dues ran into more than Rs 80 crore at that time. In 2000, part of the land was auctioned and the workers were paid Rs 80 lakh. Besides farming, he said, Asaram’s supporters were running a huge temple, a gaushala and a medicine unit on the encroached land. He said the disputed land was under the possession of the district administration but it did not prevent encroachment. 
He alleged that Asaram was invited for an 11-day satsang on the land years ago and his followers stayed put and gradually expanded their illegal activities.
Asaram’s spokesman in Madhya Pradesh, O P Kriplani, dismissed the allegations, saying the spiritual leader was neither a director nor a shareholder in the company. He said Mangalya Mandir, a sprawling temple on the land, belonged to a trust formed by company owner Prerna Thakore, and Asaram had nothing to do with it.
JVL had leased the land to the trust, he said but could not name it. He said the company had closed down on the issue of pollution and the land dispute was pending in the high courts in Madhya Pradesh and Maharashtra. After his satsang years ago, the preacher never went back there, he claimed.

Despite recommendations from SFIO for prosecution to the ministry of Corporate affairs headed by Shri Sachin Pilot, nothing has moved Asaram, from land grabbing he has now stooped to heinous crimes like rape of a minor. From the above one can easily read into the tremendous clout which Asaram has in the corrupt Corporate and the Political World.

Shareholders of Jayant Vitamins are advised to file RTI Application before the SFIO for copy of the order for prosecution and also before the MCA on the status of the prosecution, there cannot be an better opportunity for you to claim your invested money back through liquidation of Jayant Vitamins.

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PHYSICAL SHARES, DELISTED SHARES, Untraded, Unlisted, Non-Traded, Unquoted, Suspended, Illiquid, Junk Stocks, Shares - This blog provideds you a plotform to BUY/SELL such Shares.

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