ALEX WILSON COELHO THROWN OUT IN GOA.
By Special Correspondent.
In a dramatic turn in Panjim on Saturday, 26th of September 2015, in the election held at Hotel Mandovi in the morning, to re-elect the directors for the Board of Gulf Goans Hotels Co. Ltd., Alex Wilson Coelho from Curtorim and ex Kuwait but currently a resident of Canada, faced a humiliating defeat from his former colleague Felix Ferrao. It was a resounding defeat of about 42 thousand Share votes. This is the second time defeat for Coelho after 30 years as a director in which capacity he enjoyed undeservingly lot of benefits from the company besides acting like the owner of this company owning the Hotel Goan Heritage at Calangute built by Kuwait Goans. With this disgraceful defeat his panelists also suffered similar disgrace.
Alfred Fernandes from Chimbel also got re-elected by a heavy margin of 1.5 lakh Share votes. He was a victim of mischievous clause called section 169 of company act which was maliciously imposed by the malicious share holder against Mr. Alfred who is the youngest member of the Board and doing excellent service for the Board. Recognising his worth, the share holders voted him back to the Board by ignoring the section 169.
As usual like a Bebdo, Alex Wilson Coelho while conducting the proceedings spoke ill of 2 share holders without any substance. Reacting furiously, one of them came to the dais and pointing his heavy fist to the head of Coelho threatened Coelho saying “Cheddiechea, Mutt marun tuji tokli foddtolom”. Having no answer, frightened Coelho immediately apologized. Then things moved smoothly.