Paul denies his resignation from eSys

Contrary to market rumors, GS Paul emphatically denied that he had resigned as the CEO of eSys Distribution Ltd. "I have not resigned. I have been given the termination notice," he stated categorically. According to market reports, the reason for his termination is related to his bad behavior. It is also said that some people too had left the organization prior to his termination.

But when contacted, eSys Worldwide director Neeraj Chauhan, who is now handling the Indian operations, confirmed his taking over of the Indian operations till everything has been streamlined. Based out of Amsterdam office, Chauhan has been taking care of Indian operations on and off.

About Paul, he said, "There is a certain clause in the contract that restricts him from joining some other company for the time being. But we would not like to enforce this on him." Paul's original contract was to get over by September 2004.

Terming their intentions as malicious, Paul remarked that no restriction clause is applicable legally on him. Adding further to this, he said that there are lots of offers in the pipeline and he is evaluating them.

Not commenting much on Paul, Chauhan stated eSys' intentions to expand its base further in the coming months. "Acquisitions will happen in the coming months which have to be evaluated before I comment further on it. We will also continue focusing on component business, which will become one of our integral parts. And no downsizing will be followed," he said. The company has also entered into some global tie-ups, which will now be implemented in India soon.

Talking about its ePC, Chauhan remarked, "ePC will be taken over in a big way and many new things will be introduced. In addition, we have also identified 15 new cities to increase our penetration."

Till the organization is streamlined in India, Chauhan will look after the operations and he hinted that someone might be appointed for the vacant post once the stabilization process is complete.

Shweta Khanna and Karma Negi

New Delhi