Draft of Query letter to M/s Shah and Shah Associates-audtior of Dhanyshya Financial

DRAFT OF QUERY Letter to Shah and Shah Associates,

501 ANIKET BUILDING

NEAR MUNCIPAL MARKET

NAVRANGPURA , AHMEDABAD




Sir,


Sub: Collecting information on creation of charge done by Dhanysuhya and others through GTB to give finance to Core Health care amounting to Rs 12.5 crores.

You are auditor of Dhanyushya Financial Private Ltd as well as Core Health care Ltd ( a public limited company) and Mr. Pankaj S Mody has written a letter addressed to you specifically on April 17.2002 .

Dhanyushya Financial has claimed ownership of shares belonging to Pankaj Mody and his family pertaining to Rupmanglam Investment Pvt Ltd and Flovin Plastics Pvt Ltd during the proceedings of City Civil suit 5827/2001 but has failed to produce the audited balance sheet of Dhanyushya Financial Pvt Ltd showing the ownership of shares so as to claim subsidiary of Dhanyushya.

Kindly furnish following details:-

1. You are specifically called upon to furnish a copy of documentary evidence including a notarised copy of the audited balance sheet of Dhanyushya which shows that Dhanyushya is legal of owner of all shares of Rupmanglam and Flovin belonging to all mody family members.

2. In addition to above , you shall furnish notarised copy of minute book record showing transition of power from from mody family to Dhanysuhya / Mr. Jalundhwala . Incidently, Dhanyushya as well as Jaluundhwala , Core Health care and GTB have failed to furnish a copy of these minute book records in the city civil court.

3. In case you have valid reasons that Rupmanglam and Flovin do not happen to be the subsidiary of Dhanyushya , then kindly furnish your notarised hand written affidavit made before the court forthwith.

4. In case , you have reason to believe that Dhanyushya, Jatin Jalundhwala , Core health care and GTB along with Mr. Saurabh Soparkar and Mr. Hemant Kashiparekh has suppressed vital material facts , please do let us know whether you have taken any legal steps against all of them or not. In case , you have not taken such steps then , by this letter you shall immediately lodge a complaint against Dhanyushya , Jatin Jalundhwala , GTB , Saurabh Soparkar and Mr. Hemant Kashiparekh and Swati Soparkar for suppression of material facts in collusion with one another and thereby create charge on immoveable property owned by Rupmanglam and Flovin through GTB.

5. In case you have reason to believe that this your client and Jaludnhwala has committed banking fraud then do let us know what is wrong .

6. In case you remain silent to this letter, then you are a part of your tacit approval and you are part of conspiracy to help your client to illegally grab title of immoveable property owned by Rupmanglan and Flovin with your tacit support and thereby create illegal charge on the property.

7. In case, Dhanyushya and Jalundhwala has claimed ownership of shares of Rupmangalm ad Flvoin and on such basis they have initiated steps to amalgamate these companies with Span Medicals , then you are bound to notify to the various authorities including judiciary and also take appropriate legal action.

8. You as auditor of Core Health care are called upon to throw light on the issues not clarified by Mr. Sushil Handa of Core Health care in view of notice served by Mr. Pankaj Mody to Mr. Sushil Handa where he has remained silent to paragraphs 3,4 5,7 and 9 and his advocate A D Shah has stated that my client will deal with the same at the appropriate time. A copy of the notice dated 12-01-2000 served to Mr. Sushil Handa of Core Health Care is available on the internet link http://www.corehealthcare.blogspot.com. You being accountable to the share holder of Core Health care , you are called upon to furnish your observations as auditor forthwith.

9. In case , you have given any auditor certificate to GTB kindly furnish a copy of same to us as to what are your comments.


Your reply forthwith would be appreciated as your silence and/or evasive reply is likely to go against you because as a watchdog you are bound to expose such GTB related scandals and frauds. As a auditor of Core Health care which is a public limited company, it is your prime responsibility to the public as a auditor especially when Core health care has been alleged to siphon off large funds as per the of Great Bank robbery appearing on the above site. Kindly give your observations.

Yours sincerely,

===========================

annexure: Copy of earlier letter dated 17-04-2002

Pankaj S Mody
C/o Suresh S Mody
Janmangal Flats
40 BMM Society
Ahmedabad 380 006

April 17 ,2002


To

M/s Shah and Shah Associates
ANIKET, C.G Road
Ahmedabad


Sir,


At the outset, I request you to please excuse me for addressing this letter to you. However, you will please appreciate that circumstances have forced me to address this letter to you with the hope that you will extend your kind and constructive cooperation to me.

I understand that you are auditor of Dhanyushya Financial Pvt Ltd where Mr. Jatin Jalundhwala happens to be one of the directors. In case, you are not aware, it may be necessary for you to learn the following facts.

v Mr. Jalundhwala has failed to produce ownership documents to the Court commissioner pertaining to Rupmanglam Investment Pvt Ltd, inspite of written assurance to the court commissioner.
v Dhanyushya Financial Pvt Ltd had approached Gujarat High court where Mr. Saurabh Soparkar appeared before the Honourable judge so that acts of directors and others are not brought to light which confirms that they lack confidence to establish ownership issue and their illegal acts.
v Both Jalundhwala and auditors of Rupmanglam and Flovin that is H. Kashiparekh are in collusion with each other and they have not given correct information to you when the transfer deeds and sharecertificates were made available to Dhanysuhya
v You are to look into various notices given by advocate Ashok D Shah to me in the past and the reply given by my advocate Shri K V Shelat to draw conclusions.

In view of above and it also concerns you as auditor , you may kindly prevail upon them to tell the truth to you about legal ownership of Rupmanglam and Flovin shares, etc and their hesitancy to give true picture to the court commissioner on time and you shall satisfy yourself minutely and thoroughly without any favour about ownership for the reasons you understand very well.

It is irony of the fate, that my chartered accountant and auditor, though duty bound are avoiding to cooperate with me to enable me to secure justice in the court of law. You will appreciate that they are refraining from discharging their legal duties towards me-client,for obvious reasons. It is under these circumstances that I am making special appeal request to your goodself to extend whole hearted cooperation in the matter.It would not be out of place mention here that, I have already started taking legal action against Indian –Andersons for their professional negligence and professional misconduct.

A line in reply you will oblige.

Thanking you.
Yours faithfully,

Pankaj Mody



CC:- To Shri Hemant Kashiparekh, for information. He is requested to still think of
Extending positive cooperation to the undersigned –to avoid any future embarrassing situations.