GOI SEBI ROC

1. Rajesh Rampal
57 Vaishali Pitampura, Delhi 110034
rampalrajesh@hotmail.com
9013975711
Sh. Satish Golcha IPS
Joint Commissioner of Police
Economic Offenses Wing – Delhi Police
Mandir Marg
New Delhi
Dear Sir,
I lodged a complaint on 16th March 2015 with DCP EOW Reference D 1772 and also sent by Speed Post
a covering letter to the Jt. CP EOW Sh Satish Golcha on 16th March 2015 reference ED619788175IN
explaining the gravity of the Economic Offenses situation pan India and to ensure it would merit your
interest.
The Complaint was transferred to DCP OD by EOW without information to complainant (me) on 20th
March 2015. EOW informed complainant (me) on 28th April 2015 only after I made enquiries.
DCP OD transferred the complaint to DCP NW Delhi on 6th April 2015 and informed complainant on 29th

2. June only when enquired.
DCP NW has not answered as yet to the query where the file is presently.
The details are available (most of them) at http://www.slideshare.net/rampalr/sebiomniplethicobajaj1
I fail to understand why the EOW- Delhi Police is bent upon sending complainants on a wild goose chase
across DCP’s in Delhi. Why cannot the original Office in this case EOW handle this case and more so
since it involves swindling of Billions of Rupees by unscrupulous Promoters under schemes approved by
Central Government. None of the Government bodies is willing to pick the tab- either the ROC, MOCA,
SEBI and now even the EOW of the Delhi Police. I hope you shall agree that for failing to take
appropriate timely action these bodies are as much in default as the unscrupulous promoters.
I am an Author, Chartered Accountant, Battlefield Guide and Military Historian and am amazed that in
the East India Company regime in India there were no Jurisdiction issues for courts or police yet Delhi
Police has spent nearly 4.5 months and is still not able to decide which DCP will bell the cat. If the
objective is to achieve a new Guinness record the matter may be different.
Please see all correspondence which is attached. I hope realization will dawn and some concrete action be
taken.
Yours truly,
Rajesh Rampal
cc.
1. CP DP – Sh BS Bassi
2. Sh. Raj Nath Singh, Minister of Home Affairs, GOI.
3. Sh. Ajit Doval, National Security Advisor.

3. TO DCP NW
From: rampalrajesh@hotmail.com
To: dcp-northwest-dl@nic.in
Subject: FW: Regarding your complaint filed by you in EOW by vide D-1850/DCP/EOW, dt. 17.03.2015
Date: Wed, 1 Jul 2015 09:07:15 +0530
Reference above complaint transferred to your office by DCP OD vide no 509 dated 6 th April 2015.
Please let me know the progress and if you have forwarded it to somebody else for action their address.
Best regards
Rajesh Rampal
FROM DCP OD
> Date: Mon, 29 Jun 2015 15:32:32 +0530
> Subject: Regarding your complaint filed by you in EOW by vide D-1850/DCP/EOW, dt. 17.03.2015
> From: complaint.branch.od@gmail.com
> To: rampalrajesh@hotmail.com
>
> Sir,
> we received your email on 18 june 2015 on the email of DCP/Outer District. In this regard, we can say
that your complaint has been transferred to DCP/North-West District by vide No. 509, dated
> 06.04.2015 for further necessary action. it is therefore requested that further correspondence, if any may
please be made with DCP/North West District.
> for Dy. Commissioner of Police:
> Outer District: Delhi.
FROM EOW DP
From: cbeow-dl@nic.in
> To: RAMPALRAJESH@HOTMAIL.COM
> Date: Tue, 28 Apr 2015 14:44:12 +0500
> Subject: regarding forwarding your complaint
> OFFICE OF THE DY.COMMISSIONER OF POLICE,ECONOMIC OFFENCES WING,POLICE
STATION MANDIR MARG COMPLEX MANDIR MARG NEW DELHI-110001
> SIR/MADAM,
> Your complaint (No. C-1004/DCP/EOW DT. 17.03.15 & D-1850/DCP/EOW DT. 17.03.15) has been
forwarded to The Dy. Commissioner of Police, Outer distt. Delhi. Vide Dispatch No. 1441/Complaint
Br./DCP/EOW Dated 20.03.15. You may contact the concerned office for further enquiry/progress ofyour
complaint. I/C COMPLAINT BRANCH ECONOMIC OFFENCES WING PHONE NO. 011-
23746753

4. Flight of Capital from India
Grievances of Millions of Indian Investors
Companies quoted on NSE & BSE obtained Central Government approvals to raise
short term Deposits from the Public (U/S Section58 of Companies Act 1956)around
2011 and invested in dubious assets abroadand do not repay either Principal or
interest(payable Quarterly) to millions of Indian Investors since 2014. Government
and its arms/agenciesremainsilent spectators rathermake a mockery of the
grievance redressal systemmainly SEBI, ROC, EOW of Delhi Police and MOCA.
SEBIapproved MerchantBankers have the best laugh as nobody questions them on
their ethics or ethos and the licensing authority SEBIis big brother protecting them
all the way without bothering about the requirements of the Code of Conduct for
MerchantBankers in Schedule III of the SEBIMerchantBankers (Regulations )1992
Regulation13.

5. Questions
1. Who in Central government sanctioned raising Deposits by these Companies and on what
basis and study?
2. What is the total outstanding of all Companies for Deposits (under Section 58 of the
Companies Act 1956) of both Principal and Interest due till 30th June 2015 company wise?
3. What action has been taken by ROC’s, SEBI, MOCA or EOW Police against such
Promoters?
4. In case NO ACTION is taken then Action envisaged against officers who were supposed to
take action and also Promoters?
5. Why is SEBI so hesitant to cancel the Merchant Banking licenses given to Bajaj Capital
Ltd., despite complaints by Investors? Complaints are against a Merchant Banker who has
been given a license to operate in India and his ethics and ethos are subject to SEBI
regulations under Code of Conduct for Merchant Bankers in Schedule III of the SEBI
Merchant Bankers (Regulations )1992 Regulation 13.
and not whether the complaint relates to FD, the excuse behind which SEBI takes cover.
6. Why Bajaj Capital should not be treated at par with its Principals for recovery of dues to
Deposit Holders.
7. Outstanding of all Bajaj Capital Ltd.’s clients in terms of Deposits when the Chairman
claims to –Treat your investor’s money as your retired father’s money who has done his last
savings and who is not able to earn again in his life. The philosophy is shown below in full
glory just outside Green Park Metro Station. Anupam Kher too brags about Bajaj Capital
Ltd in Ads across Media.
ओह hi यह सपनों की दुननया भी कमाल है. यहााँ सब ख़ूबसूरत है. दुननया रंगीन और एंडी हमेशा हैप्पी. सुपरनहट तो भाई
वह है जो टैक्नीकलर सपने नदखाए. और तीन घंटे के सपने ही क्यों ऐसे सपने हम निन्दगी भर क्यों नहीं देख पाते.
Savings अकाउंट के आगे हम सोच ही नहीं पाते. बजाज कै नपटलयह नदखांगेय भी और सचाई भी बनवांगे. देश में सब
से ज़्यादा crorepati बनवाए है इन्होने और निल्मों की तरह झूठ मूठ के नहीं. For truly independent advice
call Bajaj Capital- Always in your interest अब करोड़ों के सपने देनखये कौनड़यों के नहीं.
It is quite amazingthat Bajaj Capital also claims to be Financial Planners to the
Nation. (reverse of their Clients Copy receipt.) SEBI turns a blind eye despite
complaints!
https://www.youtube.com/watch?v=eTt9FLx-mkY.

6. Flight of Capital from India
Grievances of Investors
Companies quoted on NSE & BSE obtained Central Government approvals to raise short term
Deposits from the Public (U/S Section 58 of Companies Act 1956) around 2011 and invested in
dubious assets abroad and do not repay either Principal or interest to millions of Indian Investors
since 2014. Government and its arms/agencies remain silent spectators rather make a mockery of
the grievance redressal system.
Unscrupulous Promoters managing Public Limited Companies quoted on the National and Bombay Stock
Exchanges obtain Central Government permission to raise short term funds under Section 58 of the
Indian Companies Act 1956 in and around 2011. They use these funds to acquire dubious assets abroad.
These Companies now in doldrums since 2014 and saddled with diminishing Sales and Profits, have
neither repaid Principals that are overdue for more than a year nor have they paid the interest that was
payable quarterly to the millions of investors who were conned into investing in these Companies by
SEBI approved Merchant Bankers mainly Bajaj Capital Ltd who resorted to unethical advertising
campaigns featuring Bollywood celebrity Anupam Kher and made misleading statements and claims to
rope in their decade old customers and even new ones to invest in such companies. Registrars like Link
Intime India Pvt. Ltd openly flout the terms and conditions of the terms of Deposits as sanctioned by the
Central Government and any complaints made to EOW of Delhi Police, SEBI, ROC and Ministry of
Corporate affairs are just not heard.
These Investors complained to the following agencies but to no avail as each and every agency is passing
the buck to somebody else or within their own Organisations and take no action. Neither do copies
addressed to PMO or MOF result in any action.
Complaints Lodged (since January 2014 till date) – Result NULL
(Any documents can be provided provided one is sincere in taking action)
• 1. Companies mainly – Plethico Pharmaceuticlas Ltd,, Omnitech Infosolutions Ltd., Elder
Pharmaeuticlas Ltd. Please see web link and pages mentioned hereunder for details
Please refer to page 19 to21 of/40 for Plethico Pharmaceuticls Ltd.,
Page 22 to 24 of 40 for Omnitech Infosolutions Ltd.
And page 25 of 40 for Elder Pharmaceuticals Ltd.
http://www.slideshare.net/rampalr/sebiomniplethicobajaj1
• 2. Bajaj Capital Ltd. A SEBI approved Merchant Banker who made several misleading claims
and statements and ran advertising campaigns to rope in Investors. Anupam Kher was the
celebrity who appeared in the advertisements on the TV and also on the Internet.
Please refer to Page 12 to 18 of/40 on the web in the complaint for Bajaj Capital Ltd. For the first
mentioned link.
http://www.slideshare.net/rampalr/sebiomniplethicobajaj1
http://www.slideshare.net/rampalr/seb-ibajajreply25april-sebiedh1500010401
https://www.slideshare.net/secret/k3wvGXjzn3fIQY
• 3. Registrar of Companies, Mumbai and Gwalior
Despite complaints to the ROC’s in Mumbai and Gwalior Dr J. Pandian and Sh J.N. Tikku
respectively have not acted against any company for reasons best known to them. Please see Annexure I
attached.
• 4. Registrars- Link Intime India P. Ltd.
Please refer to Page 26 and 27 of 40 for complaint against Link Intime India P Ltd. Openly flouts terms of

7. sanction of Deposits and Interest and despite complaints SEBI is silent- relate to Corporate FD not in
realm of SEBI refer to MOCA –a non –performer responsible for all the mess.
http://www.slideshare.net/rampalr/sebiomniplethicobajaj1
• 5. Economic Offences Wing of the Delhi Police- a supposedly elite organisation and Delhi Police.
Please see link at web http://www.slideshare.net/rampalr/sebiomniplethicobajaj1 (Please see Page
3/40 on web link hereunder for details) for complaint to Jt. CP Satish Golcha whose office very
conveniently accepted the complaint on 16th March 2015. EOW passed it on to DCP Outer Delhi and who
in turn Passed it on to DCP NorthWest Delhi and who is silent despite reminders. In such cases it should
be the duty of the person receiving the complaint in this case the Jt.CP EOW Delhi Police Satish Golcha
to ensure that the complaint is registered than letting the Public move around in circles. Please see
Annexure II for the details.
• 6. SEBI
Complaints with reference were lodged with SEBI- details in Annexure III and the mockery which SEBI
is making of Investors complaints.
http://www.slideshare.net/rampalr/seb-ibajajreply25april-sebiedh1500010401
https://www.slideshare.net/secret/k3wvGXjzn3fIQY
• 7. Ministry of Corporate Affairs
Please refer to Annexure IV for letter addressed to Sh Naved Masood former Secretary Ministry of
Corporate Affairs by Speed Post. Sh. Manoj Kumar Jt Secretary Ministry of Corporate Affairs never
responds to any mail or request for a meeting..
• 8. Ministry of Finance) Please refer to web link for copies of complaint delivered to both MOF
and PMO for the inaction of SEBI.
• 9. PMO ) https://www.slideshare.net/secret/k3wvGXjzn3fIQY
A mockery is made out of the Investor grievance mechanism in this country. Any complaint made
to SEBI is met with a response after months -'Relates to Fixed Deposits hence Contact Ministry of
Corporate Affairs- a Ministry that never ever responds or takes action. These Promoters are
roaming free and without any fear while Investors grieve. It seems that the Objective of the
Agencies like SEBI, MOCA, ROC and EOW Delhi Police is to aid and abet these dubious
Capitalists to rob the millions of Investors who invested their life's savings thinking it was
approved by the Central Government and that they were investing in Quoted Public Limited
Companies and through a SEBI approved Broker.
Indian Entrepreneurs or manipulators thus take capital out of India with Central Government
approval and invest in dubious assets and fail to honour the terms sanctioned by the Central
Government and Government agencies do not even raise a finger.
The ordeal faced by a family is given hereunder and also at
http://www.slideshare.net/rampalr/sebiomniplethicobajaj1
with proof of how the various Government agencies have failed to act despite written complaints
and there is a need for investigating the role of such Agencies and the people heading such
Agencies mainly -SEBI, ROC, MOCA, EOW of Delhi Police.

8. ANNEXURE II
Economic Offences Wing –Delhi Police/DCP OD/DCP NW
1. Lodged complaint on 16th March 2015 with DCP EOW Reference D 1772 and also sent by Speed
Post a covering letter to the Jt. CP EOW Sh Satish Golcha on 16th March 2015 reference
ED619788175IN.
2. Complaint transferred to DCP OD without information to complainant on 20th March 2015. EOW
informed complainant on 25 April 2015 only after he made enquiries.
3. DCP OD transferred the complaint to DCP NW Delhi on 6th April 2015 and informed
complainant on 29th June when enquired.
4. DCP NW has not answered as yet to the query where the file is presently.
5. Please see all correspondence below. Is it not the JOB of the first office in this case Jt CP EOW
DP Satish Golcha to ensure a complaint is registered?
TO DCP NW
From: rampalrajesh@hotmail.com
To: dcp-northwest-dl@nic.in
Subject: FW: Regarding your complaint filed by you in EOW by vide D-1850/DCP/EOW, dt. 17.03.2015
Date: Wed, 1 Jul 2015 09:07:15 +0530
Reference above complaint transferred to your office by DCP OD vide no 509 dated 6 th April 2015.
Please let me know the progress and if you have forwarded it to somebody else for action their address.
Best regards Rajesh Rampal
FROM DCP OD
> Date: Mon, 29 Jun 2015 15:32:32 +0530
> Subject: Regarding your complaint filed by you in EOW by vide D-1850/DCP/EOW, dt. 17.03.2015
> From: complaint.branch.od@gmail.com
> To: rampalrajesh@hotmail.com
> Sir,
> we received your email on 18 june 2015 on the email of DCP/Outer District. In this regard, we can say
that your complaint has been transferred to DCP/North-West District by vide No. 509, dated
> 06.04.2015 for further necessary action. it is therefore requested that further correspondence, if any may
please be made with DCP/North West District.
> for Dy. Commissioner of Police:
> Outer District: Delhi.
FROM EOW DP
From: cbeow-dl@nic.in
> To: RAMPALRAJESH@HOTMAIL.COM
> Date: Tue, 28 Apr 2015 14:44:12 +0500
> Subject: regarding forwarding your complaint
> OFFICE OF THE DY.COMMISSIONER OF POLICE,ECONOMIC OFFENCES WING,POLICE
STATION MANDIR MARG COMPLEX MANDIR MARG NEW DELHI-110001
> SIR/MADAM,
> Your complaint (No. C-1004/DCP/EOW DT. 17.03.15 & D-1850/DCP/EOW DT. 17.03.15) has been
forwarded to The Dy. Commissioner of Police, Outer distt. Delhi. Vide Dispatch No. 1441/Complaint
Br./DCP/EOW Dated 20.03.15. You may contact the concerned office for further enquiry/progress ofyour
complaint. I/C COMPLAINT BRANCH ECONOMIC OFFENCES WING PHONE NO. 011-
23746753

9. ANNEXURE III
SEBI
Reference Complaint
against
Date filed Date disposed
(No of Days)
Reason
SEBIE/DH15/0000
911/1
Bajaj Capital Ltd.
SEBI approved
MB
INM000010544
23rd April 2015 11th June 2015
(49 days)
In view of the replies from
the Merchant Banker and
Exchange the complaint is
being closed.
SEBIE/DH15/0001
040/1
Bajaj Capital Ltd.
SEBI approved
MB
INM000010544
1st June 2015 22nd June 2015
(22 days)
Matters pertaining to
Corporte FD's are in the
purview of MOCA and not
SEBI Matter may please
be taken up with MOCA.
SEBIE/DH15/0000
912/1
Link Intime India
P Ltd.
23rd April 2015 9th July 2015
(77 days)
Matters pertaining to
Corporte FD's are in the
purview of MOCA and not
SEBI Matter may please
be taken up with MOCA.
SEBIE/MH15/000
2504/1
Plethico
Pharmaceuticals
Ltd.
23rd April 2015 24th April 2015
(1 Day)
Matters pertaining to
Corporte FD's are in the
purview of MOCA and not
SEBI Matter may please
be taken up with MOCA.
SEBIE/MH15/000
2506/1
Omnitech
Infosolutions Ltd.
23rd April 2015 24th April 2015
(1 Day)
Matters pertaining to
Corporte FD's are in the
purview of MOCA and not
SEBI Matter may please
be taken up with MOCA.
SEBIE/MH15/000
2507/1
Elder
Pharmaceuticals
Ltd.
23rd April 2015 24th April 2015
(1 Day)
Matters pertaining to
Corporte FD's are in the
purview of MOCA and not
SEBI Matter may please
be taken up with MOCA.
SEBI is out to protect a Merchant Banker Bajaj Capital Ltd. To whom it has given a Merchant Banking
license to fool the Investors of India. Under reference SEBIE/DH15/0000911/1 and also
SEBIE/DH15/0001040/1 a complaint was lodged with SEBI against the said party Bajaj Capital. Bajaj
Capital Ltd. themselves replied to us quoting the same reference SEBIE/DH15/0000911/1 vide their letter
dated 25th April 2015 but SEBI sent this case to NSE and got NSE to state and rule that our complaint
against Bajaj Capital Ltd was actually against Just Trade Securities Ltd a company unknown to us and
thus settled the complaint.
For all other cases language may be a bit different but the basic premise is the same -It is outside our
purview please contact Ministry of Corporate Affairs. When a person drowns it is the duty of people
seeing him drown to raise an alarm. SEBI does not follow this basic principle of life. SEBI claims to be

10. the Messiah of Investors and of the Stock Exchanges yet it does NOTHING when the first alarm is
sounded by FD investors for Companies quoted on the Stock Exchanges not honouring their
commitments approved by the Central Government and signaling the coming events of financial gloom of
those companies. SEBI follows the path of inaction and does NOTHING but draws a line around it of
INACTION. It has allowed such companies to fall into the dungeon and harmed several Equity holders
Investment whose value has gone down the drain. Annexure V of letter addressed to Sh. Upendra Kumar
Sinha Chairman SEBI delivered in their office in Mumbai on 22nd June 2015 gives suggestions to SEBI
with copies to PMO and MOF. Complete letter at https://www.slideshare.net/secret/k3wvGXjzn3fIQY
SEBI attitude is of NOT being Pro-active at all and instead of acting on the first alarm it allows
matters to deteriorate till everything is lost.
CASE CLOSED BY SEBI CHAIRMAN SH UK SINHA
From: rampalrajesh@hotmail.com
To: eshak@sebi.gov.in
CC: sharads@sebi.gov.in
Subject: FW: Complaint bearing SCORES Registration No. SEBIE/DH15/0000911/1
Date: Tue, 21 Jul 2015 12:13:17 +0530
Madam,
My profoundest apologies for not thanking you for your kind reply.
I hope you had kept in mind while dealing with these complaints SEBIE/DH15/0000911/1
and SEBIE/DH15/0001040/1 the Code of Conduct for Merchant Bankers in Schedule III of the SEBI
Merchant Bankers (Regulations )1992 Regulation 13.
http://www.sebi.gov.in/cms/sebi_data/commondocs/mbreguamendmarch2012_p.pdf
Anyway you have closed the case as they relate to FD's.
best regards
Rajesh Rampal
From: rampalrajesh@hotmail.com
To: eshak@sebi.gov.in
CC: sharads@sebi.gov.in
Subject: RE: Complaint bearing SCORES Registration No. SEBIE/DH15/0000911/1
Date: Tue, 21 Jul 2015 11:33:05 +0530
Madam,
Your response is in answer to my letter addressed to your Chairman Sh U.K. Sinha with copies to PMO
and MOF.
While writing the letter I had a hope agaisnt hope that probably SEBI will try to look beyond its nose for
a change and realise that the complaint is agaisnt Merchant Banker -Bajaj Capital Ltd MB
INM000010544 who has been licensed by SEBI. I had a faint hope that SEBi will look at the bigger
picture and cancel the license of Bajaj Capital Ltd. after seeing his ethics and ethos and false claimes and
work practices.

11. Alas it was too much to expect from hard nosed Bureaucrats who not only failed to act on this complaint
SEBIE/DH15/0000911/1 but also on SEBIE/DH15/0001040/1 and several others too.
Since you have closed the case but unfortunatley not me as I intend to pursue this further. Perhaps only
a public interest litigation in the Supreme Court will make the Government wake up to the hardships
faced by Investors in Corporate Deposits approved by Central Government and non-payment of Principal
and Interest to Depositors. Unscruplous promoters manage to buy dubious assets abroad with these
borrowed funds and no Goverment body or agency raises a finger - who all end up saying -not my work.
Where does the Buck end?
Any body ever heard what the term pro active is?
I have had my fair share of dealing with MOCA who are a total hopeless mechanism.
Best regards
Rajesh Rampal
From: eshak@sebi.gov.in
To: rampalrajesh@hotmail.com
CC: sharads@sebi.gov.in
Subject: Complaint bearing SCORES Registration No. SEBIE/DH15/0000911/1
Date: Mon, 20 Jul 2015 11:17:33 +0000
Sir,
1. This iswithreference tothe captionedcomplaintagainstBajaj Capital Ltd.
2. It is informedthatmatterspertainingtoFixedDepositsare underthe purview of Ministryof Corporate Affairs
(MCA) and SEBI doesnotregulate deposits.Inview of the same,the mattermayplease be takenupwithMCA.
3. In viewof the above,yourcaptionedcomplainthasbeenclosedinSCORES.The statusof yourcomplaintcanbe
viewedfromSCORESwebsite athttp://www.scores.gov.in/.
Regards,
Esha Kapoor
Manager
Securities and Exchange Board of India
5th Floor | Bank of Baroda Building | 16, Sansad Marg | New Delhi 110 001 | INDIA |
Direct Line: +91 11 2345 1053 | Board Line: +91 11 23724001-05 |
e-mail: eshak@sebi.gov.in| www.sebi.gov.in |