Imphal, Nov 28:
After the Board of Directors of the Salai Holding Private Limited fails to return back the money of the investors even after the Court has allowed functioning of the office, investors of the company seem to have lose their temper and it is likely that the investors may take the law into their hand and pour their anger by seizing all properties belonging to the company and also to those members of the Board of Directors.
The investors were angry because the Board of Directors once more tried to convince the investors by saying that the payment will start after a final hearing of a case that has been pending in the court.
“They had earlier stated that they will start payment after the NIA case and now after the court order to allow functioning of the office turning down NIA pleas, they now say to wait for another final hearing of a case”, an angry investor told Imphal Times reporters.
Tension gripped at the Salai Holding Office located at Tera Amudon yesterday. Locals of the area intervened and a meeting for only the local people have been convened along with the presence of the Board of Director’s representatives. It was during the meeting that the locals decided to form a committee to inquire the current asset of the Salai Holdings. The meeting also decided to shut the property of Samarjit who is the former Director of the Salai Holdings Private Limited.
During a telephonic conversation, an investor told Imphal Times that now they have crossed the limit and will not remain quiet.
“All the members of the Board of Directors are responsible and they are liable to pay the deposited amount to the investors”, an investor told this newspaper and added that they will take up all measures even at the cost of seizing all properties belonging to the members of the Board of Directors if failed to refund the deposited money.