Action Alert on Vanxim Mortgage!

In view of several queries received on the issue of Vanxim Mortgage posted on blog asking as to what is to be done. Basically three connected authories needs to be intimated on the manipulative racket put in swing by Capital India Finance Limited (CIFL) as below:

1. Ministry of Corporate Affairs where CIFL is registered as below:

http://www.mca.gov.in/mcafoportal/checkCompanyName.do

LLPIN/CIN/Form INC-1 Ref No: L74899DL1994PLC128577

Company / LLP Name: CAPITAL INDIA FINANCE LIMITED

State: Delhi

Incorporation Date: 16/11/1994

Company Name Status: Allocated

http://www.mca.gov.in/MinistryV2/headquarter.html

list of Officials and their phone numbers, Fax and email ids at the Ministry of Corporate Affairs

http://www.mca.gov.in/mcafoportal/userComplaintDetails.do

Online complaint may be filed from there directly from above link

http://www.mca.gov.in/MinistryV2/regionaldirectors.html

Above links contains Contacts of the Regional Directors of Ministry of Corporate Affairs

http://www.mca.gov.in/MinistryV2/registrarofcompanies.html

Above links have contacts of Registrar of Companies in India

   2. Reserve Bank of India that has approved CIFL management

https://m.rbi.org.in/Regionalbranch/Mumbai/depts.aspx

Reserve Bank of India Mumbai office contacts

Financial Inclusion and Development Department: Shri R K Mahana, General Manager, 022-22620521, Email: rkmahana@rbi.org.in

Banking Department: Shri A. J. Parikh, General Manager, 022-22618288 Email: ajparikh@rbi.org.in

Financial Inclusion and Development Department: Shri M C Jadhav, General manager, 022-22610807, Email: mcjadhav@rbi.org.in

Consumer Education and Protection Cell: Ms S V Nadkarni, Human Resource Management Department, Reserve Bank of India, Mumbai Regional Office, P.B. No. 901, Shahid Bhagat Singh Road, Mumbai 400001, General Manager, 022-22705724, svnadkarni@rbi.org.in

https://m.rbi.org.in/regionalbranch/newdelhi/Depts.aspx#C23

Reserve Bank of India, Delhi contacts

https://m.rbi.org.in/regionalbranch/newdelhi/NewDelhi.aspx

6, Sansad Marg,
New Delhi - 110 001, India.
Tel: +91-11-23711333
Fax: +91-11-23711250

https://www.scribd.com/document/45976303/Rbi-Email-ID

helpprd@rbi.org.in

https://rbi.org.in/Scripts/AboutUsDisplay.aspx?pg=Central.htm

Above Links details board of directors of Reserve banks of India

Address:

Address:
C/o CGM and Secretary
Secretary's Department
Reserve Bank of India
16th floor, Central Office Building
Shahid Bhagat Singh Marg
Mumbai - 400 001

1.	Dr. Urjit R. Patel Governor	@10.	Shri Bharat Narotam Doshi
2.	Shri N. S. Vishwanathan Deputy Governor	@11.	Shri Sudhir Mankad
3.	Dr. Viral V. Acharya Deputy Governor	@12.	Dr. Ashok Gulati
4.	Shri B.P. Kanungo Deputy Governor	@13.	Shri Manish Sabharwal
5.	Shri Mahesh Kumar Jain Deputy Governor	@14.	Shri Satish Kashinath Marathe
*6.	Dr. Nachiket M. Mor	@15.	Shri Swaminathan Gurumurthy
*7.	Dr. Prasanna Kumar Mohanty	#16.	Shri Subhash Chandra Garg
*8.	Shri Dilip S. Shanghvi	#17.	Shri Rajiv Kumar
@9.	Shri Natarajan Chandrasekaran

* Directors nominated under Section 8 (1) (b) of the RBI Act, 1934.
@ Directors nominated under Section 8 (1) (c) of the RBI Act, 1934. 
# Directors nominated under Section 8 (1) (d) of the RBI Act, 1934 (as amended).
Dated: August 29, 2018

3. Bombay Stock Exchange from funds are raised from shareholders

https://www.bseindia.com/static/about/contact_us.aspx?expandable=5

Above links details contacts of Bombay Stock Exchange. Several email contacts and mobile numbers are available at above links. They can be contacted.

Corporate Office

BSE Limited 

Phiroze Jeejeebhoy Towers 
Dalal Street
Mumbai- 400001
Phones : 91-22-22721233/4, 91-22-66545695 (Hunting)
Fax : 91-22-22721919
CIN: L67120MH2005PLC155188

Email: corp.comm@bseindia.com

Complaints can be addressed to the Manager, BSE.

BSE Investor Service Centre
Flat No. 205, 2nd Floor, 
A Wing, Rizvi Towers, Caculo Circle, 
St Inez, Panaji,
GOA – 403001, 

GOA Mr. Jason Dias   91 68 465838     jason.dias@bseindia.com

Vanxim (Capao) Mortgaged!

Bharat Mukti Morcha, Goa Unit takes strong objections to the unethical way Capital India Finance Limited (CIFL) has gone about on Capao island mortgaging of paddy fields and bunds to support Ozone corporate. What is most objectionable is that legal notice dated 24th August 18 is being circulating in Whats app groups giving deadline of 14 days for public objection to the Mortgage already carried on. 

This notice we have reproduced above in public interest informs that Ozone Leisure And Resorts Private Limited from Bangalore has created a first ranking exclusive charge by way of mortgage in favour of Capital India Finance Limited. There is no mention of crucial details as to when this mortgage was effected, for what amount, what are the deposits accepted and what are the terms and conditions agreed upon. 

The notice is in the past tense "created", that means it is already done. Why then ask for objections from Public. Objections had to be solicited before creating a first ranking exclusive change by way of mortgage. As a result this notice becomes a cruel joke on the people of Goa who have been resisting and objecting the way Capao island affairs are handled unethically by the Office of the Archbishop of Goa for past two decades.Click here for links. There is something fishy here and needs further investigation as to why the process has been followed inverted. Why Public objections are invited after the mortgage has already been effected?

According to bloomberg Capital India Finance Limited (CIFL) was known as Bhilwara Tex-Fin Limited and changed its name to Capital India Finance Limited in August 2017. 

According to online documents posted by CIFL their first business strategy is in finding niche and focus on opportunities where banks are not likely to be keen on entering like construction finance, last minute lending and acquisition finance. This means Ozone is not finding any more favour with banks and hence now resorted to equity capital from Bombay Stock exchange.

CIFL is listed on Bombay Stock Exchange (BSE) and files regular reports to them. CIFL were allotted 3,96,83,000 equity shares on June 08, 2018 vide preferential allotment to promoter and non-promoter shareholders.

Legally CIFL is a company that raises funds from shareholders and invests in constructions, real estates and Special Economic Zones (SEZ) under lease rental discounting. Click here. Goa has revolted against SEZs and CIFL is involved in financing them! CIFL provides long loans for 20 years period under Loan against property. Click here.

CIFL has posted letter dated 27/11/2017 online written to the Manager, BSE Ltd with Ref: "Script Code - BSE - 530879". From this letter it is clear that Reserve Bank of India (RBI) has sent approval letter to CIFL to the management team of this company. The RBI letter bears no.DMBS/CMS-6/No.647/05.02.224/2017-18. The composition of the Board is as as under:

1. Mr. Keshav Porwal with DIN 06706341

2. Mr. Amit Sahai Kulshreshtha with DIN 07869849

3. Mr. Vineet Kumar Saxena with DIN 07710277

4. Mr. Subodh Kumar with DIN 07781250

5. Ms. Shraddha Kamat Suresh with DIN 07555355

6. Mr. Rahul Ramesh Kumar Jain with 07541089

The same letter also coveys following significant decisions taken:

1. Mr. Keshav Porwar's appointment as an Additional Director, categorized as  Executive Director. He was appointed also as Managing Director of the Company for the term of 5 years.

2. Mr. Amit Sahai Kulshreshtha's appointment as an Additional Director, categorized as  Executive Director. He was appointed also as CEO of the Company for the term of 5 years.

3. Mr. Vineet Kumar Saxena's appointment as an Additional Director, categorized as  Non-Executive Director. 

4. Mr. Subodh Kumar's appointment as an Additional Director, categorized as  Non-Executive Director. 

5. Ms. Shraddha Kamat Suresh's appointment as an Additional Director, categorized as  Women Non-Executive Director. 

6. Mr. Rahul Ramesh Kumar Jain's designation changed to Non-executive Director.

This letter is signed by Company Secretary Archana Aggarwal.

From this letter letter three things are clear:

1. Identity of Board of Directors who are involved in Capao mischief on behalf of CIFL and Ozone corporate.

2. Reserve Bank of India has given approval for this mischievous management team of CIFL. 

3. Communication is made to Bombay Stock Exchange about this new mischievous team. 

Bharat Mukti Morcha calls upon Board of Directors of CIFL to cut off all the links with Ozone and Capao island.

Bharat Mukti Morcha calls upon Reserve Bank of India to withdraw approval given to the above team of management following their unethical conduct over Capao island mortgage. 

Bharat Mukti Morcha calls upon Bombay Stock Exchange to de-list CIFL.

Bharat Mukti Morcha calls upon all the Shareholders of CIFL to object to Capao mortgage.

Since 2010 there has been prolonged protests over the way tenanted lands were sold by the office of Goa Archbishop to Mahendra P. Gaunekar in unethical manner in February 2006 in violation of Cannon law and in top secrecy. Goa Archbishop Felipe Neri Ferrao himself described this sale as morally wrong. Mahendra P. Gaunekar sold Vanxim to Ozone corporate in August 2015. In December 2015 Vanxim was brought under purview of unethical law Investment Promotion Board. Bharat Mukiti Morcha (BMM) protested and protests continued. BMM protests this mortgage of Vanxim too.

For the Board of Directors of CIFL we leave a link of protest on Capao island that is also known as Vanxim island in Mandovi river.  Here is the first link.

It would do them good to study well and stay aside. the paddy fields has be brought under cultivation again. Here is the second link.

BMM believe that the named Board of directors will take this seriously and go away from Vanxim (Capao). However if the Board of Directors does not withraw from their gaze on Vanxim then suitable action will be initiated against them and those connected and associated with CIFL.

Public are requested the following action:

1. Identify emails and mobile numbers of Board of Directors and send this post to them to let them know that they are unwanted intruders in Goa.

2. Identify shareholders of CIFL and share this write up and get it raised by them publicly.

3. Write to Bombay Stock Exchange and protest against CIFL.

4. Write to Reserve Bank of India and inform them about unethical practices indulged in by CIFL.

We are aware that Rohan Khaute while in the Opposition has spoken out in the Legislative Assembly on Vanxim scam of getting it under Investment Promotion Board. Now that he is Revenue Minister he can very easily intervene and order thorough investigations on Vanxim scam. Complaints are pending in Mamlatdar office from April 1995 unattended. Click here for links. 

If investigation is ordered then all the judgements on Vanxim will be null and void. Neither Gaunekar nor Ozone nor CIFL will be left with anything. Time is not far for this investigation to be launched. CIFL may take note and move out of Goa. We will not tolerate mortgaging of our land. Jai Mulnivasi! 

Illegal fishing in Zuari river by trawlers and mini purse seine boats

Date: 27/08/2018

To,

FRANCISCO MANUEL SILVEIRA

Member of Legislative Assembly

St. Andre Constituency,

Goa

To,

ANTONIO CAETANCO FERNANDES

Member of Legislative Assembly

ST. Cruz Constituency

Goa

To,

JENIFFER MONSERRATE

Member of Legislative Assembly

Taleigao Constituency

Goa

Subject: Illegal fishing in Zuari river by trawlers and mini purse seine boats

Madam/Sir

During last one week there has been large scale illegal fishing ongoing in Zuari river. We have informed fisheries department over the phone but response has been poor. On August 25, 2018 fishermen captured three mini purse seine boats while fishing in Zuari river. By law this confiscation should have been done by government as per Rule 3 (2) of the Goa, Daman and Diu Fisheries Rules, 1981. However this is left for fishermen to do.

Today morning there were 45 mini purse seine boats till 9.00 am in the morning. There is total collapse of fisheries administration in Zuari river. According to Rule 10(1) of the same rules “No person shall use a net the mesh size whereof is less than 24 mm for catching fish and 20 mm for catching prawns” What is the mesh size of purse seine nets? Far less. How many of them are registered with fisheries department? None.

Goa Government banned trawlers from fishing within 5 kms from the shoreline under section (2)(H) and section 4(1) of Marine Fishing Regulations Act, 1980 on July 09, 1981. Still why there is continues trawling going in Zuari river, often within 200 meters from the shore? This is because Goa Government do not carry on patrolling even though it is supposed to be done under Rule (3)(3) of the above referred rules.

In 2017 Directorate of Fisheries via notification Order no. DF/ENF/ORDER/2016-17, Official Gazette, Series II, No. 41, January 12, delegated powers to take action on illegal fishing to the following:

1.     Deputy Director, Directorate of Fisheries

2.     Superintendent of Fisheries, Directorate of Fisheries

3.     Assistant Superintendent of Fisheries, Directorate of Fisheries

4.     Fisheries Officer, Directorate of Fisheries

5.     Police Inspector

6.     Police Sub-Inspector

7.     Assistant Police Sub-Inspector

8.     Head Constable

9.     Mamlatdar

10.                        Joint Mamlatdar

11.                        Block Development Officer (B.D.O)

You are therefore requested to convene meeting of these officials urgently to in order to stop illegal fishing incidents occurring regularly in Zuari river.

Thanking You,

Yours sincerely,

Sebastiao Rodrigues

Convenor, Goa State

Sanjay Pereira

Convenor, Cacra Unit

Soccorro Braganza

Convenor, Siridao Unit

Sitaram Pereira

Convenor, Odxel Unit

Milind Palkar

Convenor, Nauxim Unit

Ms. Kalpana Diukar

Co-convenor, Odxel Unit

Chandrakant Lotlikar

Secretary, Siridao Unit

Hanuman Dias

Co-convenor, Odxel Unit

Honu Divkar

Co-convenor, Odxel Unit

Deu Kankonkar

Secretary, Nauxim Unit

Yeshwant Shirvoikar

Co-convenor, Odxel Unit

Manguesh Sawant

Co-convenor, Odxel Unit

Amir Mardolkar

Co-convenor, Nauxim Unit

Francis Coelho

Co-convenor, Nauxim Unit

Jaya Kuttikar

Co-convenor, Odxel Unit

Jonu Shirvoikar

Co-convenor, Odxel Unit

Ms. Sheila D’mello

Co-convenor, Cacra Unit

Ashok Kukalkar

Co-convenor, Odxel Unit

Ganashyam Diukar

Co-convenor, Odxel Unit

Uttam Martins

Co-convenor, Odxel Unit

Rohit Hadkonkar

Co-convenor, Bambolim Unit

Sanju Diukar

Co-convenor, Odxel Unit

Chandranath Rosario

Co-convenor, Cacra Unit

Vijay Sawant

Co-convenor, Cacra Unit

Ragunath Sautodkar

Co-convenor, Cacra Unit

Mahadev Andre Rosario

Co-convenor, Nauxim Unit

Laxman Mangueshkar

Co-convenor, Siridao Unit

Copy to:

Director of Fisheries, Panjim, Goa

Time for Goa University to defend fish breeding sites in Zuari river

There were all together three purse seine boats captured by Siridao fishermen on Saturday, August 25, 2018 morning. They were fishing in Zuari river within distance of 100 meters from Siridao shore. The legal limits to carry on the fishing for purse seine boats is 500 meters from the shore. They were captured and brought to the shore in Siridao village. 

Local MLA Francisco Silveira came to the site of conflict and stayed there for three hours mediating in conflict. He called in Coastal Police. Fishermen alerted Journalist and few of them visited site. One of the members of Pubic called up Director of Fisheries Vinesh Arlekar and questioned him about the captured purse seine boats. He was ignorant about the incident but promised to send his officers to the site. Then two officers indeed came to the site and witnessed captured purse seine boats. What they recorded is not known so far. More details are awaited on this.

In the meanwhile it has been observed that while illegal purse seine boats were towed to the Siridao shore two trawlers carried on illegal fishing near St. Jacinto Island in Zuari river. Most of the illegal fishing through trawling and purse seine boat enjoys political patronage of the various quarters of the State Government. That is the reason it is going on without any checks neither from Marine Police nor from Fisheries department.

Due to absence of public engagement with fisheries in Goa the situation is deteriorating rapidly. Fish breeding sites are under tremendous attack from illegal fishing by trawlers and purse seine boats. Zuari river is a case in focus. The local fishermen of the Zuari coast from Siridao, Bambolim, Nauxim, Cacra and Odxel are facing threats to their livelihood because of this public apathy. Though People in Goa relish eating fish they are far behind in demonstrating required concern towards threats to fish breeding sites. This is indeed tragic situation and must be changed.

Many of these fishermen especially from Cacra were earlier living comfortably by planting vegetable on land. However installing Goa University on their lands made them to look seawards for survival by fishing with gillnet. In Sea too there are fresh threats to fishing as demonstrated above. Fishermen stands no change of getting jobs promised to them in the University before land was taken over. Currently demanded bribe for the non-teaching jobs such as peons and sweepers has touched nine lakhs rupees according to Sanjay Pereira. People cannot afford to pay that much bribe. In addition posts are filled up according to Political patronage of the ministers and local people who are forced to stop cultivation stands no chance. Total corruption has reigned in.

Goa University, by sheer fact of locating its premises on tribal people’s land, depriving their livelihood, now has responsibility towards these villages. Goa University has to play pro-active role in defending villages of Cacra, Nauxim, Odxel in securing safety to fishing livelihood. Goa University with its so many departments can very easily put this aspect on priority. Vice-Chancellor Varun Sahni has to take important decisions in this regard. Letter from BMM is pending in his office without attention and action. This is not a good sign at all.

Vice-Chancellor of Goa University has to put the issue of various threats faced by fishing communities in Zuari river on priority. This is because fishing is one of the major occupations in Goa more particularly of People that University deprived them of their cultivation land (Nauxim, Cacra, Odxel).  He needs to call the meeting of all the heads of department and all the Principals of affiliated Colleges in Goa and place this issue on the agenda for action to protect fisheries of Goa: livelihood of the fishermen as well as marine ecology of our rivers and Arabian Sea too. Intellectuals cannot shy away from their responsibility. Goa International Centre also occupies tribal land and its leadership too must take up responsibility.

Every month they must visit fishing villages speaking out and engage themselves in empathetic dialogue and let initiatives flow on fishing. Currently in Zuari sewage from various hotels is flowing in Zuari river polluting river, plastic has smoothed river surface making fishing difficult, water sports is threatening fishers, Vedanta barges wants fishers stop fishing in the middle of the river, Coal transportation, damage caused by mining barges, declaration of Goa’s six rivers as National Waterways without public consultations, marinas in Zuari, trawlers and purse seine  boats are causing havoc with their illegal, eco-hostile fishing practices.

BMM Continues efforts at engaging with these fishing villages mentioned above as well as decision makers at Fisheries department has resulted in setting up of Fisheries Defense Study Cell at the Directorate of Fisheries. The engagement has also resulted in commissioning of scientific study in Zuari river “impact of water sports on fishing and marine ecology” with involvement of scientists from various research institutions in based in Goa.

The lesson learned: If one is ready to engage with suffering fishers and fisheries department, initiatives flow.

There are so many social scientist and natural scientists located at Goa University why are they not involved in dialogue with fishermen from Siridao, Bambolim, Nauxim, Cacra and Odxel? What prevents them from doing so? Similarly there are so may students study at Goa University campus doing their Masters and Doctorates, why don’t they visit these villages and show empathy with fishing communities? Currently fishing communities of Goa are in the frontline of defense of Goa’s rivers and Arabian Sea from various intruding threats. Intellectual has to play back up supporting role to help them succeed in their efforts to regenerate ecology, secure livelihoods.

There are several schools located on the banks of rivers, they need to take responsibility and play active role in regenerating ecology and protecting of fish breeding sites.

Sebastiao Rodrigues