EVM row: A day before EC meet, AAP comes up with new demand

11 May 2017 Evaluate

A day before the Election Commission's all-party meeting over the Electronic Voting Machine (EVM) row, the Aaam Aadmi Party (AAP) forwarded a new demand. The Election Commission (EC) has invited leaders of seven national parties and 48 recognised state parties to the meeting to be held at the Constitution Club on Friday. AAP Member of Legislative Assembly (MLA) Saurabh Bhardwaj demanded an all party committee should be formed under the monitoring of the EC to ascertain whether EVMS were hacked in the recently held elections or not. He claimed that it was very easy for the AAP's team of experts to prove whether the EVMs were rigged or not.

Bhardwaj said that ‘the Election Commission has convened an all-party meeting tomorrow to clear doubts about the EVMs. But, we have a very easy formula for this. A committee comprising representatives of all parties and members of the EC should be formed in the monitoring of the EC. The experts of our (AAP) technical team will easily show to the committee that whether EVMs were rigged in the recent elections or not’. Explaining how AAP's team would prove that EVMs were tampered with, he said, ‘We will ask every party to name any five booths where it suspects that the EVMs were rigged. We will ask the EC to provide us the EVMs of such booths. We ( AAP) have the expertise to prove whether those EVMs were tampered with or not’.

With a dummy EVM, Saurabh had claimed in the Delhi Assembly that it was very easy to tamper any EVM. After Saurabh's demonstration, Delhi CM Arvind Kejriwal also claimed that in just 90 seconds an EVM can be tampered with by changing its motherboard. Reacting to the demonstration, the poll panel said the machine used to conduct live demonstration was a 'look-alike' which was made to function in a 'tampered' manner. An official release said that it is commonsense that gadgets other than ECI EVMs can be programmed to perform in a pre-determined way, but it simply cannot be implied that ECI EVMs will behave in the same manner because the ECI EVMs are technically secured and function under an elaborate Administrative and Security Protocol. It added that ‘such so called demonstration on extraneous and duplicate gadgets which are not owned by the ECI cannot be exploited to influence our intelligent citizens and electorate to assail or vilify the EVMs used by the Commission in its electoral process’.

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.