As soon as I decided to diversify my investment portfolio with the upcoming IPOs of Energy/Power Cos in the pipeline, to my disbelief I received this notice comprising of `Letter of Intent` and court proceedings to clear pending government loan dues in respect of mortgage clearance. The loan however was taken long back by one of my elder brother`s friend who introduced me to nitty gritty of stock market and technical tools of international securities movement on Asia and other wetern financial markets.
On scrolling through all the documents related to this show-cause notice, I almost went numb on finding the signatures of undersigned having been forged with. With no other mode of impunity visible from this legal wrangling I agreed to pay all the dues to save him from immediate humiliation.
The only relaxation offered to me was I could also make the payment either in American USD or Euro (as german Deutsche mark has gone off-markets since Jan 1, 1999 ). The notice further said in case of obligation is not fulfilled in time-bound frame, my virtual cyber cafe shop could be put on auction along with sealing of my trading rights as damage-control measures in lieu of settlement proceeds.
This has virtually led my business to a griding halt as other alternatives of hiring `Use and throw` agents is too proving fruitless as everbody entering in this entanglement vies for his own slice of the booty. The accruing debt is multiplying with each passing day with no consolation of immediate nod from my brother to negotiate the deal to its logical conclusion.
Very creative these nicks ...wont you say MD? And TC deserves a reward ,his posts are addressed to the most unheard of names. He has the knack and the eye to pick them out.
Well done TC .