I have purchased two property in Sector 27 Parsvnath Gardenia and I must say that I am very happy with my purchase, just because the moment I purchased these properties I started earning returns on them. I am very thankful to Parsvnath developers that brought such an exclusive commercial property in the core center of Gautam Budh Nagar. Three of my friends and two of my neighbours have also invested into parsvnath projects. Unlike the reports we did not have any kind of problem either in the terms and conditions or getting the possession. I suspect that the fake news that are going about them is nothing but opponents strategy to bring the company down by blaming Parsvnath Developers into scam and I am sure the fellow parsvnath investors will agree to this. I can confidently say that I have been delivered what was promised to me on time. I urge the readers not to believe such fake rumours and purchase Parsvnath property without a doubt. Soon Parsvnath scam will open to reveal fake information against this reputed company.
Wednesday 14 February 2018
Read About The Fake Parsvnath Rip Off News
Review By Mohit Sharma: Being into real estate business for the last 23 years, I trust my experience and knowledge about different kind of real estate companies, both new and old, that are currently the market players in the industry. I have rented, purchased and sold many properties and most among them belonged to parsvnath developers. Parsvnath is not a new company, it has delivered many successful projects across the country. However, the spread of news claiming parsvnath rip off heavily tarnished the good image of the company. The fake news of Parsvnath Developers rip off was beneficial to the competitors and detrimental to parsvnath as it is costing them their clients. I can certainly be sure that the fake news is being projected all over the internet and I advise the purchases to personally meet them first before believing all the bogus news that is spread over different kinds of media to damage the company's business.
Friday 9 February 2018
Shell Companies Case: Parsvnath Out of The List
The Securities Appellate Tribunal (SAT) said that the trade confinement imposed by Securities and Exchange Board of India (Sebi) on realty firm Parsvnath Developers is now lifted. The decision has come out as a relief for the firm that has been battling Parsvnath Developers case.
Parsvnath Developers additionally informed that Crisil has reconsidered the rating appointed to the long haul bank offices of Parsvnath from 'Crisil – C' to 'Crisil-D'. It is presented that by no extent of imagination SEBI could consider the appellants as presumed shell companies particularly when the appellants don't fulfil any of the 10 criteria that are pre-set by the Ministry of Finance for viewing an organization as a shell organization," said the legal advisor showing up for the companies.
Parsvnath Developers additionally informed that Crisil has reconsidered the rating appointed to the long haul bank offices of Parsvnath from 'Crisil – C' to 'Crisil-D'. It is presented that by no extent of imagination SEBI could consider the appellants as presumed shell companies particularly when the appellants don't fulfil any of the 10 criteria that are pre-set by the Ministry of Finance for viewing an organization as a shell organization," said the legal advisor showing up for the companies.
Service of Corporate Affairs (MCA) had speculated shell companies to the Graded Surveillance Measure (GSM) list that had brought about exchanging getting suspended in a large number of them. Both these companies moved SAT testing the SEBI choice. Legal advisors showing up for both these companies said SEBI passed the headings against them in "a self-assertive and preposterous way without utilization of brain".
The council, after the hearing, coordinated the bourses, BSE and NSE, to continue exchanging these six stocks from Monday, August 14, as indicated by a round on the Bombay Stock Exchange. The list of the companies which have been moved out of the graded surveillance list are:
Signet Industries Ltd.
Pincon Spirit Ltd.
Parsvnath Developers Ltd.
SQS India BFSI Ltd.
Kavit Industries Ltd.
Kalpana Industries Ltd.
Kavit Industries and Kkalpana Industries are just recorded on the BSE, while the other four are recorded on the two exchanges.
SEBI had requested that stock exchanges stop the exchanging shares of 331 "suspected shell companies", some of which have ventures by a few renowned residential and outside investors.Driving stock exchange NSE said exchanging four companies, including Parsvnath Developers and SQS India BFSI Ltd, will continue after Securities Appellate Tribunal (SAT) stayed exchanging confinement forced by Securities and Exchange Board of India (Sebi) on these companies.
Parsvnath would be permitted to trade in a value band of 10%. This is a major comeback and master win amongst other Parsvnath court cases.
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