Can you imagine, the Board and the Hotel management spent 11 Lakhs and
plus to celebrate Silver Jubilee? Whereas astonishingly, shareholders
of the Company who are the actual Owners of the Company were never
invited to share in the joy of having completed 25 years with the hotel ?
Shareholders who are witnessing their loot and plunder
are much disgusted with the character and attitude of Board of
Directors, that includes both the Kuwait based idiots, because of this it is observed in the last 3 AGM's the
shareholders present in the hall were persistently demanding the
dissolution of the Board which the board does not care.
To spend in lakhs is not only wrong but it is a sin. The same money could have been distributed to the Share holders as dividends because they are the real owners of the Hotel company. Chairman Justin is a puppet in the hands of both the Wilsons while Kuwait based ones are dummies, they know nothing of what is going in the Board and yet shamelessly boasting of their directors.
It was expected from the Goa based new directors, the recent inducted ones, some justice in the board and how they too accepted the reckless expenditure is a big question mark. The new inductees from Goa are Jerry Call, Pascoal Soares and Sequeira. Are they also party to this reckless expenditure? Much justice is expected from them.
God save our Company.
A concerned shareholder.
