Several business captains, including HDFC Chairman Deepak Parekh, and chartered accountants have come out in support of Dr Kirit Somaiya, the BJP candidate from Mumbai North East.
In a joint appeal the luminaries have pointed out that Dr Somaiya, who passed his CA examination with merit, has espoused the cause of the small investor and worked relentlessly through his Investor’s Grievances Forum. In fact Dr Somaiya was also responsible for creating awareness among the investor community about their rights.
His contribution in this field and expertise and understanding of the capital markets have all been well acknowledged nationwide, they said.
The business community and fellow CAs have appealed to all eligible voters in Mumbai North East to exercise their franchise on April 30, 2009 and vote for Dr Somaiya.
Known as a Politician with a Difference, Kirit Somaiya, a true Mumbaikar to the core was born and brought up in Mumbai. Working tirelessly for the interest of Mumbai, has is fondly called “Aapla Manus”.
A Chartered account by profession, Kirit Somaiya is known as “Man of Finance”. He passed C.A. Examination in 1979, figuring in the first 50 in the All India Merit List. He has been conferred the Doctorate by Mumbai University in March 2005 for hi research “Finance – Capital Market – Small Investors Protection”. He submitted one of the longest thesis of 1202 pages, submitted in Two Volumes.
A Man of Action, Kirit has been active in various segment of socio-political life, on the issues and problem of Mumbai, fighting for Small Investors, active in health awareness. He is the founder President of Investors’ Grievances Forum, an organization having ISO 9001-2000, which gave birth to Small Investors’ Protection movement.
The Investor Grievances Forum (IGF) set up by Kirit Somaiya in 1993-94 has successfully campaigned against various fraudulent activities in the capital market. It has been continuously agitating and making representations to regulatory authorities and the government, to improve the financial systems to benefit small investors. Post-election, he would further take up the issue of protection to small investors more vigorously so that the Capital Market remains healthy and wealthy.
