Telecom business became main object of STPL in 2007: Witness

At that time,telecom business was not one of the main objects of the company.

Written by Agencies | New Delhi | Published: March 13, 2012 12:00:55 am

A Mumbai’s Registrar of Companies (RoC) official today told a Delhi court that telecom business became main object of Swan Telecom,a 2G spectrum allocation scam accused,after its name was changed from Swan Capital (P) Ltd.

Testifying as prosecution witness,Mumbai Deputy RoC Rajender Singh Meena told Special CBI Judge O P Saini that in 2006,telecom business was not one of the main objects of Swan Capital (P) Ltd and it became the main object of the business after its name changed to Swan Telecom (P) Ltd in 2007.

“At that time (in 2006),telecom business was not one of the main objects of the company (Swan Capital (P) Ltd)”

“As per this document,the name of the company Swan Capital (P) Ltd was changed to Swan Telecom (P) Ltd and the main object of Swan Telecom (P) Ltd was added as telecom business and this certificate is dated February 15,2007,” Meena said.

During cross-examination,he was shown several documents of Swan Capital (P) Ltd,which informed the RoC office about the appointment of three additional directors including Surendra Pipara,Reliance ADA Group official and accused in the case.

“Through this Form,company had informed the office of RoC the appointment of three additional directors,Surendra Pipara,Anand Bhat and Ashok Wadhwa,with effect from January 22,2007,” he said.

Meena,whose recording of statement concluded today,said it would be wrong to suggest that his deposition in the court was narrated to him by the investigating officer in respect of any of the company.

“It is wrong to suggest that I was not authorised to certify the documents. It is wrong to suggest that the documents are a nullity in the eyes of law,” he said.

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