Overview

MS Shoes Fall collapsed under the stronghold of Gujarat Apar Polymers Limited (GAPL), retained ex-Joint Director of CBI, K. Madhavan, and Ms. Pallavi Shroff, Partner of Amarchand Mangaldas and Hiralal Shroff & Co. The scam committed by them was amplified, especially due to K. Madhavan using his ex-position. In India, reports reveal K. Madhavan was supposed to be an honest officer, but a media-hungry individual. The deceit he practiced in obtaining a fraudulent statement from a buyer of MS Group is an interesting read. Pavan Sachdeva bravely marched ahead with legal cases, despite the fall of MS Shoes in 1994. Notwithstanding, the forfeiture of Rs. 68.68 crores by HUDCO, and negative media publicity planted by GAPL, K. Madhavan Pavan did not lose perseverance. The present book is the story of a brave, intelligent businessman who faced insurmountable odds, but finally won through strength. HUDCO litigation and the underwriters are pending final results, although awards passed in MS Shoes favor in 2012. Yet, it took almost twenty-seven years to see a resolution.

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9781648733161

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In the HUDCO Land Scam Series, by Alborz Azar, reveals the widespread corruption behind the precious Andrews Ganj land in the heart of New Delhi. A media condemned man whose innocence remained unknown struggled with the unfounded accusations that caused public opinion to falter, leading to a guilty sentence before any trial could be scheduled. The victim behind the scam in this situation was MS Shoe's founder Pavan Sachdeva. Behind the lies and deception, a brilliant entrepreneur took the fall for the underhanded dealings of the HUDCO Land Scam. The same man accused of underhanded dealings fulfilled his debts due to these deceptive lies, with no compensation for the legally awarded settlement. Alborz proves how Pavan's commitment not only caused financial stress on his family but also mental anxiety dealing with this issue for over two decades. Yet, rulings go unanswered. HUDCO ignores legal court findings to repay the ill-gotten monies from MS Shoes. The only response is more excuses for why HUDCO has not met the court decisions. As the culprits hide in the shadows, Pavan struggled through court case after the court case, proving his innocence. Official Supreme Court rulings were regarded as frivolous orders to corrupt officers and business executives. Alborz brings light on the scam to reveal the truth that has deprived innocent victims of due justice for decades. alborzazar.net

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