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Meeting with Puri Construction on 29th Oct 11AM

Postby Nibha28 » Mon Oct 24, 2011 8:33 pm

Dear Members,

On my request, Kaushik Sengupta has agreed to meet us. Even though, he has expressed his helplessness to discuss anything on EDC, I propose to go ahead and meet them. Memebers, who feel the urgency and usefulness of this attempt may pl confirm (text me ) as I have to revert to Puri.
Saraswati
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby davesh » Mon Oct 24, 2011 10:40 pm

I am available.

Will be there on time.

Regards, Davesh
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby Jiten Goswami » Tue Oct 25, 2011 9:18 am

Dear Members,

Meeting Mr. KaushikSenGupta is a sheer waste of time. He is always helpless on each and every issue. Rather plan to meet Mr. Arjun Puri, in the past I had some dialouges with Mr. Gupta and he is not at all an understanding personality towards customers. At the same time Mr. Puri helped me a lot. Atlast all the power lies with mr. Puri.

My sincere request is to meet Mr. Puri and take his appointment rather seeing anyone else at Puri Constructions.

Regards,
Jiten.
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby gaurav0704 » Tue Oct 25, 2011 10:16 am

I am game for it. Please confirm time and venue.
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby subhash kumar » Tue Oct 25, 2011 11:38 am

Dear All
I feel meeting Sengupta is not going to be useful.We should try to meet Arjun Puri or Mohinder Puri.
Subhash Kumar
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby gaurav0704 » Tue Oct 25, 2011 11:42 am

I agree, we should meet Arjun / Mohinder puri in order to have fruitful discussion. Mr Gupta does not have decision authority.

For everyone's Reference: Coputation of EDC is mentioned below. But the question is why should we pay such high amount of interest?
COMPUTATION OF EDC

Area of Pranayam : 19.362 Acre
Area of Pranayam per sq. Ft. : 1730000
EDC per Acre as per notification : 232.84 lakhs per acre applicable for the calendar year 2005 to 2008 after reducing by 10% p.a. on compoundable basis from 2009 (as per notification)
Our Licence Year 2006
2009 EDC 232.84 lakhs per acre (as per notification)
2008 EDC less 10% 209.55 lakhs per acre
2007 EDC less 10% 188.60 lakhs per acre
2006 EDC less 10% 169.74 lakhs per acre as applicable
169.74*19.362 acre =Rs.328650588/-
Interest paid =Rs.111752715/-
Total =Rs.440403303/Area 1730000 sq. Ft.
EDC rate =Rs.254/- per sq. Ft.
Less EDC per sq. Ft. Already paid : Rs. 110/-
Balance EDC per sq. Ft. To be Payable : Rs. 144/-
EDC per sq. Ft. As per demand sent : Rs. 125/- (Rs. 19/- per sq. Ft. Less)
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby Nibha28 » Tue Oct 25, 2011 12:03 pm

Dear members,

I think, you all have a point. Let me try get a confirmation if either of the Puri can take this meeting. Does any body have their direct nos?
So, we will meet them only if Puri's take this meeting? I am right. Let me get back to the forum.

Saraswati
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby Nibha28 » Tue Oct 25, 2011 12:25 pm

Ok folks,

Arjun has responded to my mail. 29th 2nd half...I will confirm time. Pl let me know confirmations and let's have our data & facts prepared to have a useful meeting.
Let's also discuss our issues & strategy for the same.

Saraswati
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby sriram » Tue Oct 25, 2011 12:39 pm

Dear friends

We must meet Arjun Puri. Kaushik Sengupta is a waste of time and space. And very rude too.
Second half of 29th Oct is good for us.

best regards
Sriram Natarajan
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby subhash kumar » Tue Oct 25, 2011 1:14 pm

dear all
29th second half is fine.I shall like to join.Will some one take the responsibility to draw up an agenda?
Subhash Kumar
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby Seadog » Tue Oct 25, 2011 3:07 pm

I concur with Sriram and all those who mention about the uselessness of Kaushik Sengupta. He is just a glorified messenger boy with no powers and a foul mouth.
Arjun Puri and the MD Mohinder Puri are the right persons to meet.
As much as I would have liked to join you, I am unable due to my being out of Delhi till the 31st.
You could add my name to any written protest that you may need to present to Puri Construction on EDC or any other issues.

All the best for the meeting
K.S.Majithia
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby tkvarshney » Tue Oct 25, 2011 3:47 pm

I am sorry as I would not be able to join hands on 29th Oct as will be out of Faridabad on account of Diwali Vacations..

-- Tarun Kumar
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby Nibha28 » Tue Oct 25, 2011 8:09 pm

Folks,
Our meeting is confirmed sat 3:30PM. I got a call from Kaushik, asking "what is the agenda of the meeting"?. When I told him it's about EDC, he tried dissuading me to come for a meeting for this. I didn't let him succeed in his plan so we have to be smart in our meeting with data, facts and strategy. Will someone draw up agenda? Everyone should contribute.
Kaushik has very specifically said less than six should be there for meeting. Funny isn't it? So, as I understand, our confirmations are:
Me, Sriram, Davesh, Guarav, Shubhash Kumar.
Jiten : I am not sure if you are joining us. Pl confirm.
From here on, I request one of you to take up lead for further discussion. I can help in minutes of meeting from our side but EDC computation, legal etc is not my strength...so req somebody to lead.
Let's discuss our plan and we must go prepared to have our impact.
Members, who are joining for meeting , pl forward me your email ids so that I can send you the message I have received from Kaushik. You may have some ammunition for further action:)

Wishing all a happy Diwali
Saraswati
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby sriram » Tue Oct 25, 2011 8:12 pm

Dear all
Hope this meeting is with Arjun / Mohinder Puri?
Please make it very clear to Kaushik that we aren't coming all the way to waste our time with him.!

Agenda suggestions:
EDC calculation and ask for suspending any payments till the court verdict is out.
If we have to pay up, then at least 3 months time and in tranches.

regards
Sriram
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Re: Meeting with Puri Construction on 29th Oct 11AM

Postby Nibha28 » Tue Oct 25, 2011 8:14 pm

Let me clarify. The meeting is with Arjun Puri.
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