[Resolved]  City Limouzines India Ltd — Cheque Bounced- Fraud Case

Dear Sir/Madam,

I am a client of City Limouzines India Ltd. I received a cheque of amount Rs. 6000 dated as 2-sep-2009 from City Limouzines India Ltd, I diposited same cheque on 7-Sep-2009 in my Bank, Which has been bounced with narration "Insufficent Balance".

I called on City Limouzines India Ltd help line for same, but I didn't get any satisfactory response from help line, I called on "Toll Free / 24X7 Helpline: 23814792" at 2:16 PM on dated 12-Sep-2009 a lady picked the call and she didn't show any interest to resolve my querry/concern she hanged the phone with stating that "We will dispatch a letter after 20th Sep then check."


As per my knowledge and as per company websites "City Limouzines" India Ltd. and ISO approved company. But I am unable to understand that how a cheque of amount Rs. 6000 get bounced with narration "Insufficent Balance"?

I sent mail regarding same on given e mail ID "[protected]@citylimouzines.com" but till date I am not getting any revert from company.

It is very very serious case, If company is going to Fraud then It will impact all investors.
I request you please take legal action against City Limouzines India Ltd.
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Aug 14, 2020
Complaint marked as Resolved 
 
123 Comments

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hello,
i have also invested money in city limouzines, i heard city gives principal ammount thoes customers who has invested recently, and thoes customers will not get principal amt.who has cleared his principal amt by monthly installmaent...i just want to know is it true or false ?..if it is true ..its very rudable behave with cust...so i requesting pls, give atlist principal amt...my condition is very bad...if any informtion about this matter pls. give informatiom to me...

City Limouzine India Ltd. — Cheque Bounce

I invested in City Limouzine who dealt in vehicle/real estate. my cheque was bounce on. When asked for reason they told me that, the company's financial audit is going on, u deposit that cheque on 5th Sept. 09. On 5th i got the information that company again told investors to not to deposit the cheques till 25th Sept. 09. Now pls help me out about what is going on in this company?

because i taken a loan to invest in this company & i not able return even half of the loan amount.

If company is doing any fraud or cheating ?

Waiting for your help.

Mehboob Ahmed Khatri

City Limouzines — Cheques are not being cleared

Dear Sir/Madam:
I am D Aravind and have invested in Citi Limouzines File No: 1608 and 7580. I have the cheques for the investments till Dec 2009, however, Citi limouzines have advised not to deposit the cheques as EOW is investigating and their accounts are freezed. The money invested is hard-earned and I would like to get it back at the earliest. Even if they can give the maturity value of the share bonds they have given, it is fine. Could you please look into this and keep me posted of what is the status of the investigation and what is being done for the investors.

Thank you in advance
Yours truly,
Aravind
It is not only Mumbai people, even Delhi other state had also invested in this company, please look for the way so that everybody should be benefited. Political/ Legal/ or any other help. We are middle class retired couple put hard earn money
Dear friends/investors of city limosine group

As you are aware the citi limozine and citi real com are going to held a meeting on October 14 & 15, 2009 at Mumbai regarding approval of scheme of arrangement as per orders of Honb'le High Court of Bombay. I am also an investor and have received great shock due to dishonour of cheques/ stoppage of payment by the citi group. I intend to go to Mumbai and attend the meeting. The company has provided a proxy form on their for those who are unable to be present in meeting at Mumbai personally. Such investors may appoint a proxy by appointing a proxy. Friends as I am going for the meeting definitely therefore I request all of you to either attend the meeting in person or just fill up the proxy form and send at following address - Avinash Shukla
ILI Building, First Floor
Bhagwan Das Road
New Delhi - 110001

If maximum o[censored]s (investors) could be represented at the meeting it would for protection of our interest. So please act upon waiting for your reply.
friends please try to attend the meeting of city group to be held on October 14 & 15, 2009 or down load the proxy form and fill up appointing me as proxy and send me at following address as I am going to Mumbai for attending the meeting -

Avinash Shukla
Indian Law Institute Building, First floor
Bhagwan Das Road
New Delhi - 110001

The maimum representation will protect our interest,
kya proksy form mumbai office bejhna hai, signature karen ke baad . plz guid me
Hi Avinash ! I am also a victim of the operation of City Limouz from Chennai-received letter about the meeting on 14/15 Oct-09 in Mumbai;I may download a proxy form & send to you, but if the Co. wants to really cheat the depositors in total, they may create proxy forms in their favour and say their view is supported by MAJORITY and close the co. once for all & say GOODBYE to the investors.

city limouzines(india)ltd — Cheque bounced

Dear Sir/ Madam,

I have invested Rs.4.6L for the monthly income in City Limouzines(India)Ltd. Not even two months, i have realized the problem. We have no clue what to do? and where to complain? Since I have found this site i am submitting my complaint.

Pls requset you to look into this matter and do the needful.

You can reach me on[protected] /[protected]

Thanks & Regards
Jayaseelan
Dear Sir,

We are also invest in two scheme one is 2007 & second 2009 & received regular income 7000/ & 8800/- both cheque bounce in a sep 2009 . two three days nehru place office reply but after 10 sep regular office close . please confirm what is status our investment income .
Any law to solve public issue .

Because so many Govt servent & Pvt servent invest in City limouziane (india) ltd scheme invest but no body reply pirticular this issue .

Please guide & solve all investor problem.
or Any update city issue please reply.

Regards
Anuj
[protected]
With reference to the message sent by the management of city group, we all will ready to wait till 14 & 15th October, 2009 and hope to receive a positive answer from the management that they shall take a decision and see to it that we the investors get our money back, either monthly as we have received or the entire amount we have deposited or the balance amount to be received in the next comming year as per the agreement and assurance given by CITY Group, bcoz most of the people invested in Combo offer for future provision from their PF, gratuity and compensation money received for the reason of closure of the company and now they are job less. The management should realize that there are plenty of people from middle income group who have TRUSTED CITY LIMOUSINES and invested their hard earned money in order to get an additional income. Hope the company comes up with a positive answer and help all the investors who are undergoing a lot of tension and stress

ONE MORE THING THAT THEY HAVE NOT MENTIONED EXACT ADDRESS AND THE TIME OF THE MEETING AT WHAT TIME THE MEETING WILL START.
dear
kindly suggesttion me we hv invest this company

City Limouzine India Ltd. — Investment made but no chqs given, no principle amount refunded

I along with my mother & father invested our hard earned money in the company in the month of July'09 and was told that by end of August'09 our agreement will be made and chqs will be issued but till date we are still waiting for our agreement as well as for our chqs. Pls return our money if it is not possible for the company to run thier business by end of this (October'09). We have planned our many basic requirement on this return like study of my siblings, my parents medical expenses and other our requirements. My parents are very old and this money is their hope, so plsssss help and return our money.

city limouzine ltd — cheque bounced

who will give the answer to me , we have invested 12 lakh rupees from loan of bank now we have to return the bank , how can we get out of this.

regards

m. abid siddiqui

0-[protected]
please mention the full address of meeting becoz ab jyada din nhi bache hai bhai plz give full details of attending the meeting. [protected]@yahahoo.co.in, +91-[protected]/ +[protected]
Dear All

I had invested in this company about 13 months back and ive recovered more than half the amount and ive got a loss of abt rs 50, 000 .. its not a small amount for me but nt a huge amoount either.. the day i had invested in this company i had thought that the co. will close anytime . i was hopeful of recovering my amt .. how cud a co. survive by giving 60% returns .. why wudnt someone list his company or take a loan rather than giving 60 % to general public.. The company had shut down its operations .. please do not keep any hopes that anyone would even get a single penny ( atleast i do not have anyhopes).. please go ahead with your lifes as normal and stop crying .. please beawre of similar companies such as AURUM, MCL. Naik Ventures, GCL, YES CUBE, etcc and a lot more companies comiong up
PH..[protected]
Yes, it is the same case with me. Till Sept. 2009 all cheques used to get cleared within no time. But from Sept.2009 onwards the cheques are bouncing. We ahve inveseted our hard urned money and now we don't understand what to do? There is no reply from the company. Some body should guide us.
Guys i had been to the meetin held in wilson school .. But nothing seeemz to be the result as the crowd was so much and as they had planned the voting thing as per mentioned in the letter n form which i had received from the Lawyer .. They are saying tat the ppl who's principal amt is not yet recovered would b given the remaning amt with 7% intrest .. but the prob in this is that they would need 3 months resting period to check all the details of all the investors and then issue the chqs accordingly i.e in 12 equal installments .. This is wat was mentioned in the meeting .. but no results has come up i guess coz the crowd was so much and everythin was hay wire nothin was organised n all .. But prob lies in with the investors who had taken money as loan from bank are repayin as per 9% intrest and weras the company is talkin abt 7% so its a loss ...
we do not know any thing about meeting; whether meetig of share holders will be conducted or not .
On 16 august i went to delhi office for new application it was sunday 2 o clock. They were going to closed. I ask them will you take application. They accept my application although they know that there is a problem. that time i dint now the cheques are bouncing. they accpet my cheque. And I m paying my loan. They are not humanbeings even. finsih. dont accept anything from them.

saloo ko marne ka dill karta hai.

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