[Resolved]  city limouzine — Cheques are bounced-Investment in City Limouzine India Ltd

I had invested Rs 60,000/- dated 27/06/2009 and Rs.1,44000 dated 08/08/2009 in City Limouzine India Ltd signing a contract that I would get around Rs.3,500/-(approximately) per month. They had issued 6 postdated cheques. When i try to change the cheque of last month, i found that no money was credited and it is bounced. We need to have our money back with your kind co operation.

Treat this has a complaint and take action as soon as possible.

Yours Truly,
Managaran M.
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Aug 14, 2020
Complaint marked as Resolved 
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Dear Sir/Madam

I have invested rs.1,80,000 in car rental Scheme city limuzine dated Aug-2006.and also agin Rs1,40,000 on Sep-08 .As per companies agreement they will give me Rs.7000/per month for 5 years and after 5 yrs they will rtn me Rs.1,10,000 for aug 2006 ,and rs 80000 for Sep-08 Scheme It was going smoothly till july-09 but from Aug.2009 My cheques are getting bounced when i asked them, they told me that their are some internal audit is going on so you deposit the cheques after one month, so i represent my cheques again but they bounced again. now we come to know that RBI has lounched some case aginst the comany and now they are telling that thoes whoes principal amt is coverd they will not get anything. Then why they have signed the contract for five years. i have some monthly adjustments aginst that money. so what i hvae to do now as we have signed a legal contract.whatever money i have invested is all my saving which i have earned in 12 yrs of my job.i am paying my insurance premium and other installments from that money.

So please consider my complaint as this is not just my problem but its is a problem of thousands of people.

please look into the matter and do the needful

expcting your kind help to get me my money at least they should rtn that amt which i am suppoesed to get agter five years.

city limouzine — cheques bounced

I have invested rs.1,83,000 in car rental Scheme city limuzine dated Jul-2006.and also agin Rs1,39,000 on Nov 2007.As per companies agreement they will give me Rs.7000/per month for 5 years and after 5 yrs they will rtn me Rs.1,10,000 against the shares given by the companyfor Jul 2006 ,and rs 7775 for Nov-2007Scheme It was going smoothly till july-09 but then after My cheques are getting bounced when i asked them, they told me that their are some internal audit is going on so you deposit the cheques after 5th, Sep, so i represent my cheques again but they bounced again. now we come to know that RBI has lounched some case aginst the comany and now they are telling that thoes whoes principal amt is coverd they will not get anything. Then why they have signed the contract for five years. i have some monthly adjustments aginst that money. so what i hvae to do now as we have signed a legal contract.whatever money i have invested is all my saving which i have earned in 25 yrs of my job.i am paying my insurance premium and other installments from that money.

So please consider my complaint as this is not just my problem but its is a problem of thousands and thousands of people.

please look into the matter and do the needful

expcting your kind help us to get our money at least they should rtn that amt which i am suppoesed to get agter five years.

city limouzine ltd — Bouncing of cheques

I have invested approx 4 lakh rupees in the firm with my relatives. Since August, all my cheques are bouncing. No company representative is responding to requests for confirmation on resolving the issue. I have not gained even my principal amount back on the amount invested by me.

City Limouzine India Ltd — Cheques bounced-Investment in City Limouzine India Ltd

City Limouzine group branch city realcom for five years the returns promised were Rs. 7,775. 00 per month upto five years and after the completion of term of five years one more lump sum payment of rs. 50,000 but after few months their cheques started bouncing and there office at New Delhi has also being closed.

Kalim Shibli
Contact No. [protected]

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