[Resolved] City Limouzines — All victims, register with our group | |
Dear Investors We have Registered an Association named “SOUTH CHENNAI CITY GROUP INVESTOR’s WELFARE ASSOCIATION” to fight our rights with the company. Whom ever is interested in joining hand with us can contact. K.Perumal President Cell [protected] [protected]@yahoo.co.in Zulfiqar Ali Khan Secretary [protected] [protected]@gmail.com Thank You Was this information helpful? | |
Aug 14, 2020 Complaint marked as Resolved | |
 7 Comments | |
Comments
i have invested rs.249 lakhs in City realcom. I received only amount of Rs. 17561 in August month. after that company has been closed/shut down and given any intimation to me about my money. I am going to lodged a complaint against city limozine in economic offence cell in delhi. I also also send 2/3 Email to company but company did not received any reply.
Reply
i have invested rs.249 lakhs in City realcom. I received only amount of Rs. 17561 in August month. after that company has been closed/shut down and not given any intimation to me about my money. I am going to lodged a complaint against city limozine in economic offence cell in delhi. I also also send 2/3 Email to company but company did not received any reply.
thanks for complain and your decessions
combo subscriber-city limouzines-file no-c6914-so far i have not received anyproxy or intimation about meeting .let me know what steps ihave to take
My contact no. is [protected]... please forget about your money as i am sure that the co. does not have any ... its a simple game .. they started aggressively 20 months back... there are very few investors who made money from this .. all they have done is made crores from us and now they would hide out ...I had invested 1.25, 000 and was able to cover 75% of my principal ...
The company has mentioned on their website:
"Due to unavoidable circumstances in view of notice issued to us u/s 149of Cr Pc from the V. P. Road Police station, we are unable to conduct meeting with creditors of City Limouzines (I) Ltd. on 15/10/09at Wilson School. Next date of meeting shall be intimated to all the creditors by taking necessary steps. We are sorry for inconvenience."
It appears they are taking people and investors for a ride, unless they accounts are freezed by Court or Police Officials (which can be vacted by the courts). Section 149 relates to power of the police official to interpose for preventing commission of congnizable offence. Now how come this notice stops directions and officials of the company from meeting the public. Prima facie from the MOU it appears that they had land admeasuring less than 7000 sq mtr out of which 20 sq mtr. was given to each investor, leaving them only with less than 350 units (348 to be precise), but from number of complaints it appears that this was given to thousand of people from Delhi and NCR itself.
"Due to unavoidable circumstances in view of notice issued to us u/s 149of Cr Pc from the V. P. Road Police station, we are unable to conduct meeting with creditors of City Limouzines (I) Ltd. on 15/10/09at Wilson School. Next date of meeting shall be intimated to all the creditors by taking necessary steps. We are sorry for inconvenience."
It appears they are taking people and investors for a ride, unless they accounts are freezed by Court or Police Officials (which can be vacted by the courts). Section 149 relates to power of the police official to interpose for preventing commission of congnizable offence. Now how come this notice stops directions and officials of the company from meeting the public. Prima facie from the MOU it appears that they had land admeasuring less than 7000 sq mtr out of which 20 sq mtr. was given to each investor, leaving them only with less than 350 units (348 to be precise), but from number of complaints it appears that this was given to thousand of people from Delhi and NCR itself.
iam also a n invester since last 4 years, i have invested almost 7 lacs and since last July 2009 my payment had stopped ., if any one have suggetion please contact me [protected].