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[Resolved]  City Realcom Limited — Dishonour of Cheques issued by City Realcom Limited

With extreme disappointment I bring to notice of all concerned, that I have invested in Real Estate Development project of City Realcom Limited. To this effect, City Realcom Limited has issued 500 nos Preference Shares bearing Certificate no. 17727 in June 2009.

The company had issued 6nos post dated cheques each of value Rs 8800/. Out of the six cheques, only one cheque dated 4rth Aug 09 has been cleared. The subsequent cheque dated 4th Sept 09 has been dis-honoured.

Thereafter I have tried to contact City Limouzines at their Dehli (Nehru Place) office and a number of times over telephone, but nobody from the company responds back.

Now I hear that the Company is sinking and there is an order from the Mumbai High Court on the company towards stagewise refund to the Creditors, through their advocate VN Associates. However, it is extremely dissappinting and disturbing to note that there is neither any intimation from City Realcom or VN Associates nor even any official of the company or advocates responds to the investor's phone call.

Preference Share Holder: Neelu Raha
Regd Folio No: DCR 17019 / 35684R
No of Shares held: 500
Certificate no: 17727, Distinctive No(s): [protected]
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Complaint marked as Resolved Aug 14, 2020
Complaint comments  3 CommentsShareTweet

Comments

CITIREALCOM — CHEQUES RELATED

I AM CALLING ALL CITI BRANCHES BUT DO NOT PICK THE PHONE MY CHEQUE DATE IS 03.09.09 & 10.09.09 BUT COMPANY IS NOT INFORMED CHEQUE DIPOSIT YES/NO
SO PLS TELL ME COMPANY IS FROD OR NOT

city realcom — DISHONOUR OF CHEQUES

We have been advised for not to deposit monthly cheques issued by company for August09 & September 09 without disclosing the real problem facing by company.

It is not yet made clear by company till date the action taken by them for solving the problem of finance by company.
jun 15 2009 ko maine city realcom limited may 116283 rs invest keeay 1 maheenay baad file no and agrement hoga aaise kahagaya after 1 month bola office oadeet kee chalte 15 deen baad phone kareen after1 month office not recive phone when i go thrie malumpada compeny is closed now i have only moany deposet slep rs 116283 what i do pls inform me on[protected] or [protected]@yahoo.com city real estate compeny not give me aggrement paper and cheaq please inform me letest news

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