Ashok Kumar Saxena Indian bourgeois his secure stake of fifty-fifth among the firm by suggests that of associate settlement allegedly signed in Sept 2001.

in associate passing approved discover to Sharma, he possesses besides alleged that he was “wrongfully removed” as a director in solar calendar month 2004.

Saxena, an international organization agency that claims to be a serial bourgeois associated associate [*fr1] & telecommunications person, declared succeeding from personal occasions in his life, he was unable to want up the matter earlier.

In the discovery, despatched by regulation agency AugustLegal on solar calendar month one, Saxena has claimed to possess initial met Sharma spherical 1999, once he was “relatively trendy out.

internet portal, IAOL… Sigma-Net was innate by Startec international Communications (a publically command company in the US) in the solar calendar month 1999.

you’ll be at home with the name Startec international since it finds mention on your LinkedIn profile wherever you incorrectly claim to be its erstwhile CTO between Apr 2000 and can 2001,” the discover declared.

Ashok Kumar Saxena Indian bourgeois

Saxena claims to possess “invested his time, reputation, and business network” to satisfy potential prospects and purchasers for One97 Communications, in conjunction with Bharti Airtel.

that Astrotel services were one in all the most effective potential revenue grosses for Airtel at the relevant time,” the discover declared.

The US-based specific person besides claimed that the preliminary advertising and promoting shows and communications of One97 Communications depicted it as a subsidiary of knowledge method Iraqi National Congress, one altogether completely different US-based firm primarily based by him.

Also, One97 Communications cited the purchasers of knowledge method as references, and these enclosed American corporations identical to Lockheed Martin, IBM, computing Corporation, American military service work, and National natural philosophy and House Administration.

He besides claims that in line with a written settlement in Sept 2001, Saxena was to induce the fifty-fifth stake in One97 Communications, except obtaining rights to veto the sale of belongings to any outsider.

actions relating to the corporate, you most likely didn’t allot the shares to our shopper or to appoint the third director appointed by him below some dubious pretext.

you what’s a lot of might did not share the statement of account of the corporate with our shopper as united or to repay the loans of our shopper,” declared the discover.

Paytm founder denies costs, says claims unit unsupported

Paytm founder Vijay Shekhar Sharma has denied the fees leveled con to him.

Through his regulation agency, Shardul Amarchand Mangaldas, he possesses besides required reproduction of the alleged settlement, that Saxena has quoted in facilitate of his declare.

“… our shopper doesn’t admit the contents of the captioned notice and reserves his rights and remedies below the law,” the agency declared in response to the invention.

Separately, responding to associate complete kind from TOI, a Paytm mortal declared, “The claims (made by Saxena) unit altogether false and unsupported.

we area unit getting to take aggressive steps to defend against any such tries to malign the name of the corporate.”

By Pintu18

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