Comments
he first start the company name as jabeen travels in adarsh ngr andheri west which take car on lease from the clients and get their cars sold to different states by new registered plates why goverment is not arresting him as he had bounced lacks of cheques of investors all over india
Dear Sandeep,
I am agree with all your point & it very hard to belirve that with Post dated cheques our payment will be released.
In my openoion we should fight for DD in one go becuase we have given the payment in one go only, so why to wait till one year and that is for 7% interest.
I would lilke to request all investor to come together & fight for one time settlement.
Thanks & Regards,
Lalkesh B Singh
[protected]
I am agree with all your point & it very hard to belirve that with Post dated cheques our payment will be released.
In my openoion we should fight for DD in one go becuase we have given the payment in one go only, so why to wait till one year and that is for 7% interest.
I would lilke to request all investor to come together & fight for one time settlement.
Thanks & Regards,
Lalkesh B Singh
[protected]
pls help me i took loan and paid the amount and in very difficlety can any one help me pls
iama combo subscriber in hydera bad branch. ihave not received intimation call letter for meeting from city limouzines. iam having bonds and share certificates what is my next step
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 ...
hi all,
please inform me what the new updates in the city limouzines case .
o.p malik
[protected]
please inform me what the new updates in the city limouzines case .
o.p malik
[protected]
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.
please let me know what is happening in this regard.
I am depending on the discussion forum for getting any update on it as I am not being able to contact any of their office.
Is there any hope for recovering our hard earned money or we have completely lost it.
I am depending on the discussion forum for getting any update on it as I am not being able to contact any of their office.
Is there any hope for recovering our hard earned money or we have completely lost it.
I am also one of the depositors cheated by the company I am in chaoes and confusion after reading what is going on. The most pitiable condition is nobody is accountable in the multi million crore frauds. All are in utter darkness without knowing to whom they have to approach for their hard earned money. We do not know what governments will be doing in this type of frauds. Many educated people are made fools in the guise of paying more money at monthly intervals. In banks under section 138 the receiver can proceed against the drawer in case the cheque bouness for nonavailability of funds in the account. Here nobody knows to whom we have to approach when thousands of people are received in the same manner. we have to scold for ourselves for lack of our greediness.
I am also one of the depositors cheated by the company I am in chaoes and confusion after reading what is going on. The most pitiable condition is nobody is accountable in the multi million crore frauds. All are in utter darkness without knowing to whom they have to approach for their hard earned money. We do not know what governments will be doing in this type of frauds. Many educated people are made fools in the guise of paying more money at monthly intervals. In banks under section 138 the receiver can proceed against the drawer in case the cheque bouness for nonavailability of funds in the account. Here nobody knows to whom we have to approach when thousands of people are received in the same manner. we have to scold for ourselves for lack of our greediness.
I am fully agree with the doubts expresed by Mr Sandeep. I am also a victim of City limouzines 's fraudulent schemes. Unfortunately I have invested Approx 04 lacs with the company thinking that they are promissing a handsome amount in return.Here I am failed to understand that how this company was allowed to sponser the Indian Hocky federation. Such big names when atatched with some or the other company, they enhence the positive credability of a company and ultimately the poor investor is cheated. The Govt of India must take addiquate measures before allowing them to become sponser of such a prestigious organisation ie. Indian hockey faderation.
I am fully agree with the doubts expresed by Mr Sandeep. I am also a victim of City limouzines 's fraudulent schemes. Unfortunately I have invested Approx 04 lacs with the company thinking that they are promissing a handsome amount in return.Here I am failed to understand that how this company was allowed to sponser the Indian Hocky federation. Such big names when atatched with some or the other company, they enhence the positive credability of a company and ultimately the poor investor is cheated. The Govt of India must take addiquate measures before allowing them to become sponser of such a prestigious organisation ie. Indian hockey faderation.
Thanks & warm regards
UMESH SHARMA
Thanks & warm regards
UMESH SHARMA
city limouzine — Biggest fraud company
This company has cheated me of all the money I had earned promising steady monthly income for VRS holders and retired people. Sponsoring Womens' Hockey Team of India, running business in UAE and in India having his Head Office at Nariman Point, Bombay the area of business tycoons since time immemorial he has succeeded in trapping the innocent people posing to be a full fledged business magnate. I am a retired person, I have invested a substantial amount in City Limouzines company.Since August 2009 the monthly payment cheques started bouncing.
Very soon we came to realise that the company has been closed and we all
investors have been cheated. This is a very serious situation in the lives of
investors who number in thousands, who are mostly retired and hail from several
states of India. In this hour of crisis we hope the concerned authorities will come
forward to do the needful to alleviate the suffering o[censored]nfortunate investors.
G. Maheshwar Rao
mahesh.[protected]@gmail.com
Hyderabad
Very soon we came to realise that the company has been closed and we all
investors have been cheated. This is a very serious situation in the lives of
investors who number in thousands, who are mostly retired and hail from several
states of India. In this hour of crisis we hope the concerned authorities will come
forward to do the needful to alleviate the suffering o[censored]nfortunate investors.
G. Maheshwar Rao
mahesh.[protected]@gmail.com
Hyderabad
i totally agree that it is Biggest Fraud company.
city limouzine — when will the company start
Dear sirI Have invested my money in vehicle .Next month the insurance has to be paid how should pay the insurance amount .please let me know.
Thanks