Shaffi Mather

White Herring Hotels & Resorts Private Limited - Is this another benami Company of K A Siraj Mather? Under Loans (Liability), It shows two entries which link this Company to K A Siraj Mather: 1. Damac Holdings - Rs. 42.00 Lacs; and 2. Siraj Mather - Rs. 23.45 Lacs? In the Audit Report for FY 2012-13, the then Auditor JVR & Associates stated "Because of the matter described in the Basis for Disclaimer of Opinion paragraph, we are not able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion. Basis for Disclaimer of Opinion The company has invested an amount of Rs.1,56,52,697 /- in Land, classified under 'Tangible Assets', the original title deeds of which were noy available for our verification. As a result, we are not able to establish the ownership and possession of the properties. Further Long Term Borrowings of Rs.71.51 lakhs (Note no. 6J, i, or Term Loans and Advances of Rs. 192 lakhs (Note no. 12) and Bank balances of Rs. 7.12 lakhs (Note no. 13) are not confirmed by the parties concerned. Consequently, we are not in a position to express an opinien on the true and fair view of the financial statements. Disclaimer of Opinion Because cf the significance of the matter described in the Basis for Disclaimer of Opinion paragraph, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion. Accordingly, we do not express an opinion on the financial statements. In FY 2012-13, the Directors Report is signed by one Mr. Harsh Jain from London and one Mr. Anil Kumar Goyal. Interestingly, the audited financials are signed by the same Mr. Harsh Jain and Mr. K A Siraj Mather. Interestingly, Branikit Limited, (wrongly spelled in place of Branikati) a Cyprus Company is listed as a 49.00% shareholder. The AGM Notice states the AGM will be held in K A Siraj Mather's Residence! (Hotel Holiday Inn, 33/29 A, The Promenade, Mather-Projects, Pavoor Road, Padivattom, Edappally P. o, Cochin - 682034 - Don't Know what Holiday Inn and Mather Projects are doing in this address?) In FY 2013-14, the audited financials are signed by Mr. Harsh Jain and Mr. K A Siraj Mather. There is a "Consent for holding the AGM At shorter notice" signed by one Mr. Dharmendra Lilaram Sawlani on 04.05.2015 in Cochin. Did he visit Cochin on 04.05.2015 when he signed this Consent Form for Branikati Limited, Cyprus, for the AGM? The AGM Notice states the AGM will be held at K A Siraj Mather’s Office Address (2440E, Compass Building, 3rd Floor, N H Bvpass, Thammanam, Cochin, Kerala 682 032). The auditor of this Cochin headquartered Company changed to Mr. Amit Takiar, Takiar Amit & Associates, New Delhi. In the MCA / ROC Records, Mr. K A Siraj Mather holds only 0.21% shareholding in this Company. However, all land purchases in this Company was done by Mr. K A Siraj Mather. So, is his holding only 0.21% only? Who is the owner of Branikati Limited, the Cyprus Company? Is this a front Company for someone? And await an unsigned Cash Inflow & Outflow Statement of White Herring Hotels and Resorts Private Limited as on 31.03.2009 to be published soon from the files of K A Siraj Mather. Also, await details of the following Hotel and Resort Companies linked to K A Siraj Mather in the days ahead: Greentea Spa Resorts International Private Limited Kakkaisland Builders and Developers Private Limited Lakeflow Resorts and Hotels Private Limited Nuthatch Resorts and Hotels Private Limited Turtledove Hotels and Resorts Private Limited Waterbay Resorts & Hotels Private Limited @dir_ed @IncometaxKerala @MCA21India @FinMinIndia @TheKeralaPolice