Friday, April 14, 2017

Mukesh Modi’s Adarsh Credit Society accused falsely to hold unlawful capital share holdings

According to the reports that are publicised in the market, Adarsh Credit Co-Operative Society is claimed to be involved with several scams and scandals, associated with the subject of unlawful capital holdings in the market shares. But when we take a closer look at the reports, we can notice that these reports are based on vague calculations. The reports have claimed Adarsh’s involvement in carrying out unlawful share capital holdings but has not specified any market shares. This can be analysed by the fact that the reports are created for self driven motive to cause a crack in Adarsh Credit’s reputation, by the way of manipulating the members through such false accusations.

Adarsh Credit Co-Operative Society Ltd reviews these allegations as an attempt by the foe competitors to stain the Adarsh Credit Society’s image. But these claimed facts and figures have not worked into action as planned, as no member of the Adarsh Credit Co-Operative Society has issued a complaint against the Credit Society. Also, the founder Mukesh Modi, who is involved with several social causes, has quoted that these allegations cannot work on someone who has already acquired strong support of their members’ confidence and trust.

Thus, it can be said that Adarsh Credit Cooperative society’s growing popularity and success has resulted in developing jealousy in some competitors who are now trying to stain the Adarsh Credit Cooperative Society’s image by making these false and baseless accusations.

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