A doubt !!!

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sowiee

@sowiee

Dazzler

Posted: 8 years ago

Did Vicky transfer money to another account or he withdrew ???

I mean as they are staying the demonetision situation in serial then they very well know that there are drawing limits and even that amount is not that big amount that may affect the dev business and all ...

I know it's a silly doubt ...

Just out of curiosity I asked...

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randommusings

@randommusings

Sparkler

Posted: 8 years ago

Amount that Vicki withdrew wud be big enuf for Dev n all senior staff to get so worried. Offcourse there are drawing limits but since Vicki holds a very big position, his drawing limits wud be high too n maybe coz he is Dev's brother so Vicki might not need any approval too.

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sowiee

@sowiee

Dazzler

Posted: 8 years ago

Originally posted by: randommusings
Amount that Vicki withdrew wud be big enuf for Dev n all senior staff to get so worried. Offcourse there are drawing limits but since Vicki holds a very big position, his drawing limits wud be high too n maybe coz he is Dev's brother so Vicki might not need any approval too.

I can understand what u r saying ... But I m saying bank doesn't approve such bug amounts right now in this demonetision scheme. So how come he withdrew such big amount

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Shaavi

@Shaavi

Voyager

Posted: 8 years ago

Originally posted by: sowiee

I can understand what u r saying ... But I m saying bank doesn't approve such bug amounts right now in this demonetision scheme. So how come he withdrew such big amount

The withdraw might have happened before the demonetization, but has come to light now. I mean usually at the end of the month or quarter is when the companies do the balance sheets and that is when it might have come out...

Jut my theory...

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sjain

@sjain

Trailblazer

+ 4

Posted: 8 years ago

Originally posted by: sowiee

I can understand what u r saying ... But I m saying bank doesn't approve such bug amounts right now in this demonetision scheme. So how come he withdrew such big amount

Its not personal transaction so for business their must be higher limit..

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Harryfan011

@Harryfan011

Explorer

Posted: 8 years ago

Originally posted by: sowiee

I can understand what u r saying ... But I m saying bank doesn't approve such bug amounts right now in this demonetision scheme. So how come he withdrew such big amount

You are right but we have to realise this limits that are in place for the citizens of the country...

But, businesses especially big corporate giants hold huge cash reserves for the various transactions... In fact, some companies transfers more than 100 crore rupees in cash on a daily basis...

Hence, RBI knows and understands this thing.. Hence, these kind of companies will only need to explain the transaction to the banks, for these kind of transactions...

And, considering Dev's company comes in the above mentioned category.. Therefore, cash transactions will not be an issue...

This is why, you see private citizens in the queues but not CEOs or big time industrialists in the queues...

I know that this is out of the topic but I felt that I should clarify this thing as something which is logically possible, and not something which is created just for the sake of drama...

In fact, today's scene where Sona asks Dev for money is the perfect example... Sonakshi, even though, is the wife of Dev Dixit, is still a private citizen and hence, will need to withdraw money from banks but Dev, being the founder and CEO of the company, transactions is paid by his company...

And, Vicky, being a high level post, can use the same facilities as Dev... But, unlike his brother, he is not the supreme leader.. Hence, his actions needs to have permission from Dev...

P.S: Knows about this stuff through my father.

Edited by Harryfan011 - 8 years ago

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