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I have invested Rs. 252841/- in the combo offer of the company for a return of 16541/- per month as per the agreement of the company. Out of 12 cheques received only 05 could be en cashed.Sixth cheque onwards it started bouncing due paucity of funds as informed by the Bank. Later on I came to know about the fraud by the company. No intimation so far has been received from the company. As per information available perhaps the company is fighting a legal battle and I am not sure what will happen. Request advice how to get money back and progress in the case.
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City limouzines limited — financial fraud
I have invested Rs.134000(one lakh thirty four thousand) in city limouzines ltd. branch(City realcom ltd.)in August 2008.They have given me receipt of the amount paid to them.In return they give me monthly cheques of amount Rs. 7775(seven thousand seven hundred seventy five).All is well for 11 months,but then my chequefor the month of september 2009 had bounced.And since then there is no sign of the company at their office
located at Nehru place,New delhi.I want my money back from them.please help me
this is a common complaint of all the investors in all such investments of this company. I am also a investor in such said company and till date did not get any returns. kindly do some thing in this regards.
thank you and regards.
thank you and regards.
The company has cheated the all customer but the law of company act 1956 and the government of India as well as EOW has to submit their investigation as early as possible and try to pay at least the capital of the investor at the earliest.