Speak Asia today gave a new popup to its panelist which tells about the complete progress of Speak Asia which is going on for registration in India to do there business. According to the new message from Speak Asia an application has been filed with the Reserve Bank of India, Mumbai through the bank for requisite permission to open an Liaison office which will take at least 4-6 weeks and after that Speak Asia will Register with Registrar of Companies, New Delhi. Subscribe to Syconet World by Email.
The Speak Asia has also written that the payouts from India can only start once bank account is opened and the approvals are given in writing by the authorities. There are 5 points written in this message which are
1. Establishing a Liaison Office in India ( Process and Current status )
2. RBI's approval for business model
3. Distribution of rewards earned by you
4. Interim orders received from Hon. Andhra Pradesh High Court
5.Public Apology by leading national news channel for misrepresenting the facts was aired on 21st July,2011.
This is a good move taken by Speak Asia to publish there progress report, which will give some relief to panelist. Express your View about this step of Speak Asia.