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Rupinis loans on MS updates

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gjianwei@yahoo.com
Posts: 32
Joined: Fri Jul 15, 2016 4:30 pm

Re: Rupinis loans on MS updates

Postby gjianwei@yahoo.com » Wed Feb 14, 2018 1:48 pm

Latest updates from MS:

Our lawyers have informed us that the Court hearing has rescheduled by the Court to 27 February 2018.

Our lawyers will attend the hearing accordingly and we will keep you updated on the outcome of the hearings.

debtguy
Posts: 96
Joined: Thu Apr 21, 2016 12:12 am

Re: Rupinis loans on MS updates

Postby debtguy » Wed Feb 21, 2018 2:52 pm

wow! rescheduled AGAIN?

Zhi Jian
Posts: 8
Joined: Sat Sep 02, 2017 11:02 pm

Re: Rupinis loans on MS updates

Postby Zhi Jian » Sat Mar 03, 2018 2:36 pm

Is there any updates? Interested to know.

They even removed their review on their FB page as I seen a few people giving bad reviews.

gjianwei@yahoo.com
Posts: 32
Joined: Fri Jul 15, 2016 4:30 pm

Re: Rupinis loans on MS updates

Postby gjianwei@yahoo.com » Sat Mar 03, 2018 6:14 pm

No updates yet. MS always take years to update on bad things but very fast on updates with anything that can make money for them.

gjianwei@yahoo.com
Posts: 32
Joined: Fri Jul 15, 2016 4:30 pm

Re: Rupinis loans on MS updates

Postby gjianwei@yahoo.com » Tue Mar 27, 2018 2:17 pm

Latest updates from MS:

Our lawyers have received a letter from Ms Sivarani's lawyers offering the following settlement terms:

(a) Settlement amount - S$150,000.

(b) Condition - We do not raise an objection during the upcoming Court hearing on their latest application against Ms Sivarani's bankruptcy and the bankruptcy is successfully reversed, and no appeals against the bankruptcy reversal is made within the 15-day timeframe for such appeals.

(c) Mode of payment - The payment will be made by a third party (Lingeswaran s/o Karupaiah) through the third party's law firm. Before the Court hearing, this law firm will issue a solicitors' undertaking letter to make the payment of S$150,000 if the above condition is fulfilled. After the above condition is fulfilled, the law firm will issue a cheque of S$150,000 to our lawyers' law firm.


We are currently seeking our lawyers' advice on the above settlement offer and will update investors accordingly

More delay action and this time push the payment to another 3rd party. If cheque bounce, another bankruptcy case got to be raised again (this time against another party.). Waste of everybody's time and tax payers money.

MS if you are reading this post, please get them to pay up first in cash then we will drop the bankruptcy case.

BigBoiBoi
Posts: 6
Joined: Tue Mar 29, 2016 8:53 pm

Re: Rupinis loans on MS updates

Postby BigBoiBoi » Tue Mar 27, 2018 3:23 pm

Wah may have some hope of recovering something? This Rupini is really different from other loans. Other loans default is straight forward bankruptcy. This one like got some money but don't wish to repay anything. Then give us some hope then destroy it soon after. Seriously can they be trusted?

debtguy
Posts: 96
Joined: Thu Apr 21, 2016 12:12 am

Re: Rupinis loans on MS updates

Postby debtguy » Tue Mar 27, 2018 5:24 pm

gjianwei@yahoo.com wrote:Latest updates from MS:

Our lawyers have received a letter from Ms Sivarani's lawyers offering the following settlement terms:

(a) Settlement amount - S$150,000.

(b) Condition - We do not raise an objection during the upcoming Court hearing on their latest application against Ms Sivarani's bankruptcy and the bankruptcy is successfully reversed, and no appeals against the bankruptcy reversal is made within the 15-day timeframe for such appeals.

(c) Mode of payment - The payment will be made by a third party (Lingeswaran s/o Karupaiah) through the third party's law firm. Before the Court hearing, this law firm will issue a solicitors' undertaking letter to make the payment of S$150,000 if the above condition is fulfilled. After the above condition is fulfilled, the law firm will issue a cheque of S$150,000 to our lawyers' law firm.


We are currently seeking our lawyers' advice on the above settlement offer and will update investors accordingly

More delay action and this time push the payment to another 3rd party. If cheque bounce, another bankruptcy case got to be raised again (this time against another party.). Waste of everybody's time and tax payers money.

MS if you are reading this post, please get them to pay up first in cash then we will drop the bankruptcy case.




whats the outstanding amt owed at the moment (putting aside late interest for now)?

this woman owes money yet wanna dictate terms? who the fuck she thinks she is?

why must she use a 3rd party to pay? is this Lingeswaran guy even creditworthy/trustworthy?

gjianwei@yahoo.com
Posts: 32
Joined: Fri Jul 15, 2016 4:30 pm

Re: Rupinis loans on MS updates

Postby gjianwei@yahoo.com » Mon Apr 02, 2018 10:37 am

This bankruptcy case so long i forgot the amt already. $100,000 if i am not wrong. This is the amount Rupinis borrowed.

debtguy
Posts: 96
Joined: Thu Apr 21, 2016 12:12 am

Re: Rupinis loans on MS updates

Postby debtguy » Wed Apr 18, 2018 3:07 pm

so MS took up the 150K offer? did they give investors a choice to vote to decide?

gjianwei@yahoo.com
Posts: 32
Joined: Fri Jul 15, 2016 4:30 pm

Re: Rupinis loans on MS updates

Postby gjianwei@yahoo.com » Thu Apr 19, 2018 1:31 am

No. They are consulting their lawyers.

Personally I think they are going to make decisions for investors again and stupidly fall into rupinis nonsense again.


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