I DON,T expect any fast verdicts from the judges......Enough to test anybodys patience!! Determined to hold on in here.......STILL reckon this has good prospects but feel it will be end of year before we see a turnaround.....I,LL HAVE TOO BE PATIENT CHEERS............
I agree entirely with Bhajanbuffett. he has summed up my concerns about today in a nutshell. Furthermore, I decided to go back into the water and doubled my shareholding, purchasing at 103.30, since I am now of the opinion that we could well have reached the water shed - I hope I am right; but my gut feeling after today's court hearing, was that I should increase my shareholding now rather than later, albeit that I accept that this is a highly speculative share as demonstrated by the contrasting opinions imparted by members of this board.
UPON hearing counsel the Court made the following O R D E R | Issue notice limited to the question as to whether the petitioners would be |liable for interest for the period from April, 2008 onwards on the tax |amount. The prayer for interim order will be considered on the next date. |List the matter on 12th September, 2012.
Have a strong feeling the Gujarat Government and Essar Oil will compromise on this issue as directed by the Supreme Court, I was afraid the court would have favoured the Gujarat Government on immediate payment within 6 months. Pheeewwwwww
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