MODI’S ADARSH GROUP – ARE ADARSH BANK AND ADARSH SOCIETY CO-OPERATIVE INSTITUTIONS OR A CLOSELY HELD FAMILY BUSINESS ?
Now-a-days,Adarsh-Modi Group’s Adarsh Credit Co-operative Society Ltd. (Adarsh Society) and Adarsh Co-op. Bank Ltd. (Adarsh Bank) are very much in lime light. Adarsh Society has opened it’s more than 750 branchesin India posing it self as a Bankand perhaps, claiming to be biggest multistate society of India. On the strength of publicity and their highly paid agents, they succeeded in getting huge deposits on very high interest rate but unfortunately, depositors are unknown about the reality of the group who is just befooling and cheating the depositors/public at large.
True fact is this that these both alleged institutions are not at all co-operative institutions but these are much less than a private limited company. Group superemo Mr.MukeshModi and his family is real owner of these both bank and society behind the curtain by misusing the co-operative law. No doubt, on the strength of money, he has succeeded in managing concerned officers of RBI, Central Registrar, Co-op. Societies and other Govt. Authorities to hide the reality behind the curtain. However, Incometax Department definitely acted upon against this group but in absence of proper information and direction, ITD also could not succeed fully in disclosing the truth of group in public and ITD also did not open and publicizeall the truths of this group to save the public at large.
Considering the various Govt. actions and awareness of some depositors / shareholders of alleged Bank and Society, It is our presumption that Adarsh Society and Adarsh bank will be bankrupt (Diwaliya) till 30th June, 2014 and many depositors may loose their deposits and share capital. To handle this future crucial situation, Mr. MukeshModi is trying to ride over BJP, RSS and P.M. in waiting ShriNarendraModi and trying to get BJP ticket for Loksabha Election from Jalore-Sirohi Constituency.
All the readers, please aware and beware of these benami co-operative bank and society and know more reality about this group as it is an introductory start……. Keep on reading on “Modi’sAdarsh group” and it’s reality” to save the nation and poor public / depositors ……………..
Now-a-days,Adarsh-Modi Group’s Adarsh Credit Co-operative Society Ltd. (Adarsh Society) and Adarsh Co-op. Bank Ltd. (Adarsh Bank) are very much in lime light. Adarsh Society has opened it’s more than 750 branchesin India posing it self as a Bankand perhaps, claiming to be biggest multistate society of India. On the strength of publicity and their highly paid agents, they succeeded in getting huge deposits on very high interest rate but unfortunately, depositors are unknown about the reality of the group who is just befooling and cheating the depositors/public at large.
True fact is this that these both alleged institutions are not at all co-operative institutions but these are much less than a private limited company. Group superemo Mr.MukeshModi and his family is real owner of these both bank and society behind the curtain by misusing the co-operative law. No doubt, on the strength of money, he has succeeded in managing concerned officers of RBI, Central Registrar, Co-op. Societies and other Govt. Authorities to hide the reality behind the curtain. However, Incometax Department definitely acted upon against this group but in absence of proper information and direction, ITD also could not succeed fully in disclosing the truth of group in public and ITD also did not open and publicizeall the truths of this group to save the public at large.
Considering the various Govt. actions and awareness of some depositors / shareholders of alleged Bank and Society, It is our presumption that Adarsh Society and Adarsh bank will be bankrupt (Diwaliya) till 30th June, 2014 and many depositors may loose their deposits and share capital. To handle this future crucial situation, Mr. MukeshModi is trying to ride over BJP, RSS and P.M. in waiting ShriNarendraModi and trying to get BJP ticket for Loksabha Election from Jalore-Sirohi Constituency.
All the readers, please aware and beware of these benami co-operative bank and society and know more reality about this group as it is an introductory start……. Keep on reading on “Modi’sAdarsh group” and it’s reality” to save the nation and poor public / depositors ……………..
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