Stock Holding Corp takes note of its rot, does nothing to help

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Sucheta Dalal Tags : Posted: Monday , Apr 30, 2007 at 0010 hrs

Sucheta Dalal

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Meanwhile Ramanathan Ravindran of Singapore, once a director of SHCIL Services, has written to SHCIL shareholders and government investigation agencies alleging that the company is fudging contracts and documents to hide the trail of its activities. The lack of commitment in investigating the various linkages between, SHCIL, SSL, Unitech Value Solutions and its shadowy new subsidiaries (SHCIL Value Infosolutions , SHCIL Projects, SHCIL Hannobe Technologies) should be a matter of concern to the government and its silent regulators, if not to the SHCIL shareholders.

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