June 20, 2013

Reserve Bank of India Shares - What Became of Them ?



ONE PARTY IS HOLDING SHARES OF RESERVE BANK OF INDIA 100 PAID UP SHARES ISSUED IN 1935,


ALL INDIA GENERAL INSURANCE CO.LTD
3 SHARES OF RS.25 PAID ISSUED IN 1945 


PL.GUIDE

NILESH KOTAK 09898425655


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Ashwani Kumar Aggarwal - Reply




1 ) After independence , in 1949,when RBI was nationalised 
http://www.rbi.org.in/scripts/brief_national.htm
,share holders of Reserve Bank of India were given cash compensation

Please click the Link :-

http://rbidocs.rbi.org.in/rdocs/content/PDFs/89630.pdf

Reserve Bank of India Share Certificate - Picture 

http://www.rbi.org.in/scripts/brief_cert.htm

http://rbi.org.in/History/Brief_RBIShare.html

 2 ) All private insurance companies were nationalised in 1956 to form Life Insurance Corp. of India ( LIC )

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Reserve Bank of India before Nationalisation




NO ANALOGY WIT H RESERVE BANK 
In fixing the amount of compensation for the shareholders of the 
Imperial Bank, it has been announced that, on the analogy of the Reserve Bank shares, market price of 
the share will be taken as the basis 
though how many years' average 
price will be considered for the purpose remains to be decided and is 
probably left to the Reserve Bank 
to recommend. The analogy of 
the Reserve Bank, however, must 
be regarded as inappropriate and 
unfair. Dividend on the Reserve 
Bank shares was limited to 4 per 
cent (taxable); shareholding in the 
Reserve Bank was restricted to 200 
in one name; and all the surplus 
profits of the Reserve Bank went 
to Government. In all these respects, the position of the Imperial 
Bank shares is entirely different. 
There is no limitation on dividend, 
nor on shareholding and its surplus 
profits have been freely ploughed 
back. Thus the Imperial Bank has 
operated as a commercial, private 
profit-making enterprise while the 
Reserve Bank always functioned as 
a State enterprise. Tha t large secret 
leserves have been accumulated by 
the Imperial Bank over the years 
has been widely known; this has 
weighed heavily with the investor 
in Imperial Bank shares who has 
regarded them as near-gilt investment with an intrinsic value much 

higher than what th

credit ;-
http://www.epw.in/system/files/pdf/1955_7/4-5/nationalisation_of_the_imperial_bank.pdf

June 19, 2013

Seminar / Guidance Camp Held in Jalandhar on Employment Opportunities

A Seminar Cum Guidance Camp was held , today , in the office of Sub Regional Employment Officer at DC Office Complex , Jalandhar.

Sub Regional Employment Officer ( Govt. of India ) Mr. Ashish Kullu , Deputy Director , Employment Generation and Training ( Punjab Govt. ) Mrs. Sanjida Beri , Officer In charge ( Punjab Govt. ) Employment Exchange , Mr. Gurmel Singh , Members of  Faculty of Training Institute of Sub Regional Employment Office ( SREO ) gave valuable   knowledge and practical tips on the topic of how to prepare for competitive exams  . A  large number of students were  present.

Suitable books  and journals were recommended .

Job opportunities in RBI , Co-operative Banks were discussed in detail.







June 16, 2013

Property Tax Implemented in Punjab - Urban Punjabis Devastated

At a time when Urban Punjabis were expecting relief from back breaking taxes , Punjab Govt. has gone ahead with Property Tax on Urban  Punjabis.

Earlier when there was a proposal to implement wealth Tax on Rich Farmers ( owning land with in 8 kilometers of cities ) BJP which is a Ruling Coalition Party in Punjab , had threatened to come out in the streets to protest wealth tax on Rich Farmers. Akali Dal had threatened State wide protests.

Now , it remains to be seen what BJP does to save the Non Farmer Punjabis from these discriminatory back breaking taxes. 

June 15, 2013

Pakistan - India - Dividends of Peace And Co-operation

Jalandhar Thinkers feel :


India must supply electricity to Pakistan even if India does not have surplus of it.

This move stems from the basic geographic closeness between India and Pakistan .
The idea is to further India - Pakistan joint ventures .
This would help a sort of joint Pakistan - India initiative in Afghanistan ( post American departure ) and more importantly , this move , will help keep Pakistan away from China.
Similarly , India should help Pakistan Railways by supplying Diesel engines . Here , also , the Railway systems like gauge etc( as build by British India ) are same .
Some times , decisions have to be taken on strategic considerations.
( Germany in the Second World War , while it was short of U Boats arranged a U - Boat ( submarine ) for Netaji Subhash Chander Bose 's journey to Singapore . )



  • Dividends of Peace and Co-operation are much more than of hatred and enmity.
    No two countries ( not even the USA and Canada ) have more in common than Pakistan and India , be it history , culture , religion , language , rivers , seas , mountains ,economy , railway systems , movies , music etc etc.
    Indo - Pakistan border is the most un natural border in  the World.

    Heavy Rains in Jalandhar - Water logging in Many Areas

    Jalandhar witnessed very heavy continuous  rainfall from Friday evening till Saturday Noon.

    Many areas of Jalandhar  became waterlogged .

    Farm experts are of the opinion that these rains are very-beneficial for paddy cultivation. . 

    June 14, 2013

    62 nd Shaheed Baba Nihal Singh Ji , Talhan Mela on 15 th and 16 th June 2013

    June 17, 2016


    =====================
    Arambh  Sri Akhand Path Sahib - 14 June 2013- 10 AM

    15 th June  2013 - Highlights

    From 1 PM to Evening

    Kabbadi- Village Level

    Tug o War

    Volley Ball  (Open )

    16   th June 2013 - Highlights 

    Show Match - Girls between Punjab Police Jalandhar and Mai Bhago Sports Academy , Talhan , Jalandhar 

    Wrestling Matches (  Kushtian )

    Star Participants 

    Parminder Dumchheri

    Balwinder Hariana

    Anup Hariana

    Lal Amritsar

    Mandeep Nakodar

    Sukhraj Sheron

    Rakesh Hariana

    Mandeep Faridkot

    Hardeep Nawanshahr

    Parminder Abohar

    Angrez Gurdaspur

    Shah Mohammad Hoshiarpur

    Pardeep Zirakpur

    Rohit Laddu Madhya Pradesh



    Body Building Show Match

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    There would be Guru Ka Atoot Langar

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    Organizers 

    Parveen Chhibbar 

    Naib Tehsildar Jalandhar - Cum - Receiver

    Guru Shaheed Baba Nihal Singh Ji

    Village Talhan - Jalandhar

    Tel - 2770 001

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    Legend of Shahid Baba Nihal Singh of Talhan ( Jalandhar )

    The legendary great martyr Baba Niahal Singh was an artisan- engineer ( Mistry ) residing in village Dakoha near Talhan ( Jalandhar). He belonged to the Ramagarhia community of Sikhs. This community is renowned the world over for their mechanical skills.Baba Nihal Singh was , thus , no fakir or Sant during his life time , in the traditional meaning of a Baba.

    Baba Nihal Singh served the people by making pulleys for drinking water wells. His special skills lay in installing his pulleys at the base of the well. People believed that the great Baba was blessed with divinity so that the water wells in which he installed the pulleys never became dry and its water was always sweet.

    Once, while installing such pulley Baba Nihal Singh met with a fatal accident. For the common man the Baba became a martyr while he was serving the people .

    cremation. This " The grateful people constructed a " Samadhi ' in village Talhan and the place of Baba'sSamadh' was looked after by his faithful associate , Harnam Singh. After Harnam Singh's death , the followers cremated him next to the Baba's Samadhi.

    Gradually, the two Samadhis blossomed into a grand Gurudwara. The devotees started holding an annual Mela to mark the death anniversary ( "Barsi " ) of the Baba. This Mela is quite a grand event in Jalandhar.There are sports events like Kabbadi , volleyball and tug-of-war. Gatka displays are held.

    The Gurudwara runs a fully modernised charitable hospital. It has recently acquired a Doppler Scan Machine for colour scans.
    ===========================
    ==============================================

    =====================

    2015


    64 th ( 2015 ) Talhan Mela , Jalandhar From 18 th to 21 st June 2015


    Gurudwara Shaheed Baba Nihal Singh Ji

    Village Talhan

    Jalandhar

    ===============================================================

    Full of Religious / Sports Activities

    Including

     Children  Dastaar Competition on 19/06/15 from 10 AM to 12 Noon

    Gurbani Recital Competition on 19/06/2015  from 12 Noon to 3 PM

    ========================================

    Participating Wrestlers / Pehalwan Include :-

    Parminder Dhumchheri

    Saaba Kurali

     Hardeep Nawashahr

    Gurpal Jalandhar

    Kamaljit Dhumchheri

    Suraj Amritsar

    Billa Amritsar

    Billa Waryana

    Kamaljit Reru

    Laali Kurali

    Karan

    Arjun Amritsar

    ===============================================

    Email : gurudwaratalhansahib@gmail.com

    Tel : 91-181-2770001   



    June 12, 2013

    Telegraph / Telegram ( TAAR ) to End wef 15-06-13

    When we were young ,there used to be a saying that in villages / small cities when ever a telegram ( TAAR ) was received , even before reading it , family members would collecting start wailing . TAAR denoted a death message.


    Now , time has come to bid good bye to Telegrams 

    LK Advani's Excellent Sense of Humour

    Regarding LK Advani excellent sense of humour , we recall one incident when we were were students in DU ( St. Stephen`s College ).

     In 1977 , in Moraji Desai`s Govt. LK Advani was Minister for Information and Broadcasting. LK Advani was invited  , by ABVP , to Hindu College.

     In the Auditorium , LK Advani said that he has just come back from Madras ( Chennai ) after inaugurating a Film Festival .

     At the Film Festival , the great character artiste David told Advani that it is rather unfortunate that public copies hair styles of other actors like Rajesh Khanna , Amitabh Bachchan and others but no one copies hairstyle of David ( as he was bald ). To this Advani replied " David Sir , what if the public does not copy your hair style . I copy your Hair Style " 

    https://www.google.co.in/search?q=lk+advani&oq=lk+advani&aqs=chrome.0.57j5j0l2j61j62.4741j0&sourceid=chrome&ie=UTF-8#sclient=psy-ab&q=lk+advani+picture&oq=lk+advani+picture&gs_l=serp.3..0i22i30.18177.21589.0.22198.8.8.0.0.0.0.478.1850.0j4j3j0j1.8.0...0.0.0..1c.1.17.psy-ab.1aqdfZp35QA&pbx=1&bav=on.2,or.r_cp.r_qf.&bvm=bv.47810305,d.bmk&fp=5d2a999d42e29a5a&biw=1024&bih=653

    David
    http://www.google.co.in/imgres?imgurl=http://b-inet.com/sammy/indian-jewish-actors/index_files/image041.jpg&imgrefurl=http://b-inet.com/sammy/indian-jewish-actors/&h=294&w=398&sz=11&tbnid=0nJQcomIy6jBIM:&tbnh=91&tbnw=123&zoom=1&usg=__w8k-GdQP8m3GFd6YJEBaJlYiDKQ=&docid=lS4fI05tU3yWHM&sa=X&ei=fmC4Ud2EL8XIrQed7YCgAw&ved=0CDMQ9QEwAQ&dur=341

    June 11, 2013

    Pre Monsoon Rains in Evening in Jalandhar -Provide Relief

    Pre Monsoon showers in Jalandhar and around brought much awaited relief to people.

    June 10, 2013

    Your Own Business - Sole Proprietor to Public Limited Companies

    Jalandhar Traffic Police -Observes Guru Arjan Dev Martyrdom- Chhabeel Put Up

     5 th Guru --Guru Arjan Dev's Martyrdom Day is on Wednesday ( 12-06-13 ).

    https://www.google.co.in/search?q=martyrdom+arjan+dev+pictures&tbm=isch&tbo=u&source=univ&sa=X&ei=e821Ucb0KIOyrgfGy4H4CA&ved=0CDAQsAQ&biw=1024&bih=653

    http://en.wikipedia.org/wiki/Guru_Arjan

    http://ayearofservice.org.uk/days-of-volunteering/sikh



    To pay respect to the supreme sacrifice of the Great Guru,Jalandhar Commissioner-ate ' Traffic Police put tp a Chhabeel , on Sunday ,at the Traffic Thana  

    After the Bhog of Shri Sukhmani Sahib , the Chhabeel started.

    ADCP - HWQ- Navjot Singh Mahal , ADCP Traffic- Sukhdev Singh Sandhu , ADCP City -1 Naresh Kumar Dogra , ACP - Traffic- Mohinder Singh were among the prominent senior police officers present and who themselves served cold sweetened water to the thirsty members of public ( in scorching  heat - temperature above 46 o C )

     Office Bearers of Mini Bus Operators Union  and All Tempo Union were , also , present.

    Our Nano Car at Majestic Jaipur Forts ( We Have 3 Nano s )

    Our Family 's Third Nano Car at Jaipur

    AMBER FORT, JAIPUR

    http://en.wikipedia.org/wiki/Amer_Fort



     NAHARGARH FORT JAIPUR

    http://en.wikipedia.org/wiki/Nahargarh_Fort




    Nano Cars , are the Best Cars in the World ( Value For Money ) in their price segment .

    Please click :-

    http://www.punjabjalandhar.info/2011/11/nano-cars-rule-hills-too.html

    June 09, 2013

    Attari Bazar , To Remain Closed From 24 th to 28 th June 2013 - Summer Vacation

    Jalandhar 's biggest  wholesale market , Attari Bazar is called Sadar Bazar of Jalandhar.

    Chairman , The Wholesale General Merchants Association , Tarsem Lal Jain informed that all shops would remain closed from 24 th to 28 th June 2013 , for summer holidays.

    June 08, 2013

    Chhabeel in Urban Estate -1 Market by Raisa Advertisers / Advisor Publications

    Raisa Advertisers / Advisor Publications , Urban Estate , Phase One Market ( Near Punjab And Sind Bank ) Jalandhar put up a Chhabeel ( Sweetened Cold Water ) today ( 08-06-13 ).

    Hundreds of people  quenched their thirst in the scorching heat ( temperature above 46 o C ).

    https://www.google.co.in/search?q=martyrdom+arjan+dev+pictures&tbm=isch&tbo=u&source=univ&sa=X&ei=e821Ucb0KIOyrgfGy4H4CA&ved=0CDAQsAQ&biw=1024&bih=653












    Third Jain- Advisor  Agro- Dairy Mela on 22-23-24 - November 2013



    June 07, 2013

    Jalandhar- Pathankot Road- Accident Prone -Provide Trauma Vans

    Jalandhar - Pathankot Road has been many fatal accidents in the recent past.

     This stretch of Highway has been made Toll Road ( at Bhangala between Mukerian and Mithal ) although the Highway lane expansion is far from being complete.

    Govt. / Toll Collecting authorities should provide for Ambulances / Trauma
     Vans.

    http://www.punjabjalandhar.info/2012/01/toll-tax-on-jalandhar-pathankot-mata.html

    Govt. Should Treat Indian Gold Investors With Respect

    Jalandhar Thinkers feel :-


    Govt. instead of blaming the Common Man in India for craze for Gold , should do some honest introspection and ask itself the question as to why Indians trust Gold and not other productive investment avenues like Shares etc.

    This is because , in the past few years , Govt. has made investment in productive assets as most unattractive both for Indians as well as Foreigners.

    Govt. has been concerned only with Vote Bank policies, lost in the din of walkouts, adjournments , Reservations in Promotions , etc etc.

    At a time when India needed foreign investment ( Dollars ) the most our Govt comes out with Retrospective Income Tax on Vodaphone ( superseding Hon`ble Supreme Court of India )`

    It is not Gold imports but massive imports of Urea , Diesel etc which is upsetting the Balance of Payments.

    Govt. should stop treating Gold Investors as Out castes.

    In times of National Emergencies ( 1962 - China War , 1993 ) many patriotic Indians ( including our selves gave our entire Gold to Govt ).


    There was never a word of appreciation for our contribution ( because we are not Rich Farmers .)

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    HUM MEHNAT KASH ISS DUNIYA SE

    JAB APNA HISSA MANGEY GEY


    IK BAGH NAHI; IKK KHET NAHIN


    HUM SAARI DUNIYA MANGEY GEY


    ( Josh Malihabadi )

    June 06, 2013

    Pics -Baba Tukki Shah Mazar Jalandhar Cantt - Silver Jubilee Jhanda / Ceremony Held on 05/06/2013

    Baba Tukki Shah Mazar ,

    Rama Mandi ,

    Dakoha ,

    Jalandhar Cantt.

    25 th Jhanda and Chaddar ceremony held on 05-06-13 with great fanfare and devotion.

    Chief Sewadar / Gaddi Nashin  Sub ( Retd ) MR Lohi conducted the ceremonies .

    Annual Bhandara / Langar will be held on 29-07-2013 .

    Pics






























    Chief of Mazar Subedar Sahib has been blessed with grand daughter Bipasha