Comments
If you knew so much about Masood, why did you keep quite for such a long time? If you knew that he that he had started this business to defraud people, why didn't you tell the authorities about him?
Did you go the cops to complain after he threatened you with the pistol?
Answer this questions Vijay Kanuga, for us to believe in what you said.
Did you go the cops to complain after he threatened you with the pistol?
Answer this questions Vijay Kanuga, for us to believe in what you said.
hi all
like all o[censored] i also invested in city realcom. i have a trust in company they well pay what they promise for us.. lets pray for god
thanks
musheer fareed
like all o[censored] i also invested in city realcom. i have a trust in company they well pay what they promise for us.. lets pray for god
thanks
musheer fareed
TO ALL INVESTORS...PLEASE VISIT CITY LIMO WEBSITE...THEY HAVE DISPLAYED PUBLIC NOTICES APPEARED IN PAPERS ALONGWITH PROXY FORMS TO BE FILLED DURING MEETING ON 14TH N 15TH OCT AND ALSO HAVE EXPLAINED WHAT IS CLASS "A" AND CLASS "B" SCHEMES. PLEASE GO THROUGH IT.
all chennai customer pl come near k4 police station vijaasree kalyanamandabn tommro morning 9.00 for meeting arranged by EOW DEPORTMENT
the proxy forms is to close the schemes
hi, to all I red the scheme of arrangement which was sent by one of friend from this forum & also red from city's website. there are some difficult points(lawful sentences) to understand by all o[censored]s. so my request is to all investors if some one is from such field, pls explain the scheme of arrangement in short and in easy words for all o[censored]s.
@abc
Well I am not in a position to verify or deny the story of Masood's class mate and chilhood friend who
was cheated by him.Masood is a crook, he only knew after being cheated by Masood.
All those who still beleive that their money is safe, must seek opinion of lawyers.
Speculations, sentiments, speaking high or low of Masood is irrelevant.Company doesn't have money
to sett off liabilities.
I wish we all get our money back.
Well I am not in a position to verify or deny the story of Masood's class mate and chilhood friend who
was cheated by him.Masood is a crook, he only knew after being cheated by Masood.
All those who still beleive that their money is safe, must seek opinion of lawyers.
Speculations, sentiments, speaking high or low of Masood is irrelevant.Company doesn't have money
to sett off liabilities.
I wish we all get our money back.
Hi,
Please let me know, what to do incase we have not received the agreement papers and have only the receipts of the investment made. Are we getting the whole money back or in installments ?
Please let me know, what to do incase we have not received the agreement papers and have only the receipts of the investment made. Are we getting the whole money back or in installments ?
Hi, Vijay Kanuga & Anjum Khurana,
Both of you are so certain that M. S. Masood is gonna cheat us, that means both of you won't be coming to the meetings on 14th and 15th October. :-D
Both of you are so certain that M. S. Masood is gonna cheat us, that means both of you won't be coming to the meetings on 14th and 15th October. :-D
Dear All (Delhi and NCR investors), Please contact me thru email if someone is going to Mumbai to attend the meeting. I am going to Mumbai for the proposed meeting and if others are also going I suggest we remain in touch and meet there at Wilson High School and also try to at least meet once in Delhi before leaving for Mumbai.
I don't go by speculations.Previous observations have led me to one conclusion that such companies
at some point of time go bancrupt, investors loose money.In my earlier posts I mentioned co-operative
banks, not one or two but dozens, which failed in Maharashtra, Gujrat and not a single penny was paid
to depositers.
Persistently, I have been sticking to one valid point, without being prejudiced against Masood or any other
high ranking functionary of the company, that fate of investors hangs on assets of the company.
I don't mean that no investor will get his money back.The vital question which we never gave a serious
thought to is:even if every one in the company has good intentions, but company has insufficient funds
or no funds to meet liabilities, which bank will honour cheques on the basis of good intentions of
Masood or other directors.
Further on the basis of knowledge I accquired through former employee of the company that all
the office premises are rented, total number of cars owned by the company is between 5 to 6 hundred
and there are more than 25, 000 investors in City Limousine.
As events are unfolding, every day number of complaintants goes up.Truth will be unearthed only
after all investigations are complete.In the proposed meeting to be held on 15/16 th. ultimo in Mumbai
some startling information on the actual financial status of the company may be made available.
Wishing every investor good luck.
at some point of time go bancrupt, investors loose money.In my earlier posts I mentioned co-operative
banks, not one or two but dozens, which failed in Maharashtra, Gujrat and not a single penny was paid
to depositers.
Persistently, I have been sticking to one valid point, without being prejudiced against Masood or any other
high ranking functionary of the company, that fate of investors hangs on assets of the company.
I don't mean that no investor will get his money back.The vital question which we never gave a serious
thought to is:even if every one in the company has good intentions, but company has insufficient funds
or no funds to meet liabilities, which bank will honour cheques on the basis of good intentions of
Masood or other directors.
Further on the basis of knowledge I accquired through former employee of the company that all
the office premises are rented, total number of cars owned by the company is between 5 to 6 hundred
and there are more than 25, 000 investors in City Limousine.
As events are unfolding, every day number of complaintants goes up.Truth will be unearthed only
after all investigations are complete.In the proposed meeting to be held on 15/16 th. ultimo in Mumbai
some startling information on the actual financial status of the company may be made available.
Wishing every investor good luck.
What i have understood by reading the scheme of arrangement on their web site is:
1. The investors who are yet to recover their principle in full or part will get his principle along with interest @ 7% in 12 equal instalments.
2. Those who have got their principle back will not get anything and they cease to be investor of the company anymore.
3. This seems to be a big fraud, done in a legal way, means he has used the money of investors for the last one and a half years and will keep doing so for another one year.
4. This scheme releaves City Limouzines of burden of paying monthly instalments to the investors according the agreements.
5. City's businesses, whatever is will keep running as it is and they will keep earning with our money.
6. So this scheme of arrangement should not be approved in it's present shape without modifications.
7. If at all City is running short of money or liquidity crunch, they should pay at least half of the instalments balance. Suppose if my 20 instalments are yet to be paid, they should pay me at least for 10 instalments.
8. This is my interpretation, if any body has understood the scheme better, please share with all.
1. The investors who are yet to recover their principle in full or part will get his principle along with interest @ 7% in 12 equal instalments.
2. Those who have got their principle back will not get anything and they cease to be investor of the company anymore.
3. This seems to be a big fraud, done in a legal way, means he has used the money of investors for the last one and a half years and will keep doing so for another one year.
4. This scheme releaves City Limouzines of burden of paying monthly instalments to the investors according the agreements.
5. City's businesses, whatever is will keep running as it is and they will keep earning with our money.
6. So this scheme of arrangement should not be approved in it's present shape without modifications.
7. If at all City is running short of money or liquidity crunch, they should pay at least half of the instalments balance. Suppose if my 20 instalments are yet to be paid, they should pay me at least for 10 instalments.
8. This is my interpretation, if any body has understood the scheme better, please share with all.
The days and dates of meetings are changed from time to time, they are just buying time to [censored] all investors, if ever they had good intentions then they should have stopped taking deposits which they never did ? So all dears pls dont feel bad and excpect miracles to happen. Company has taken unsecured loans from you all on 7% thats also less than FD rates, and now want to pay in 12 instalments.
IT IS A WHITE COLLAR FINANCIAL FRAUD CUM MAKING CHUTIA OF YOU ALL, AND THEY HAVE INVESTED IN HOTELS, PLOTS LAND IN NOIDA, GURGAON AND NOW IN USA, TO MAKE CRORES OF PROFIT FROM UR MONEY AND PAYING YOU IN PEANUTS AND THATS ALSO AT THEIR TERMS IN 12 [censored]ING INSTAL, SO HIT YOU HEAD TO THINK AGAIN FROM FALLING FOR GREED. THESE WILL HOLD THEIR HEAD HIGH, WEAR TIE AND ROAM IN 5 STARS BY CIRCUMVENTING LAWS AND RULES. WE ARE ALL MADE BIG CHUTIAAS, THATS THE FACT!
IT IS A WHITE COLLAR FINANCIAL FRAUD CUM MAKING CHUTIA OF YOU ALL, AND THEY HAVE INVESTED IN HOTELS, PLOTS LAND IN NOIDA, GURGAON AND NOW IN USA, TO MAKE CRORES OF PROFIT FROM UR MONEY AND PAYING YOU IN PEANUTS AND THATS ALSO AT THEIR TERMS IN 12 [censored]ING INSTAL, SO HIT YOU HEAD TO THINK AGAIN FROM FALLING FOR GREED. THESE WILL HOLD THEIR HEAD HIGH, WEAR TIE AND ROAM IN 5 STARS BY CIRCUMVENTING LAWS AND RULES. WE ARE ALL MADE BIG CHUTIAAS, THATS THE FACT!
I could not understand What is Principal amount - because the investment 1, 29, 000/- is divided into three
parts - redeemable preferential share 57, 000/-, preferential share 50, 000/- & FD 32, 000/-
Also by mentioning that "scheme of Preferential share will remain unaltered" what is the implication.
If any body has understood these pls help out
Manoj
parts - redeemable preferential share 57, 000/-, preferential share 50, 000/- & FD 32, 000/-
Also by mentioning that "scheme of Preferential share will remain unaltered" what is the implication.
If any body has understood these pls help out
Manoj
my no comment i want to my money only
City Limouzines india ltd / Realcom — cheque dishonoured Rs.7775
himy self mukesh chauhan
I have invest Rs.125000/-company has fraud the investers there are 40000 (fourt thausand invester,s from Delhi my mob [protected]
City Limousine — dishonouring of cheques
Dear SirI have invested Rs 127000 in Jun 08 for 5 years with a promise to pay Rs 7775/- per month Every thing went as per the promise but last month my cheques are not being cleared.I have heard that something is going wrong somewhere.please intimate the correct situation so that we can keep calm till the finalisation of the entire mess.
Thanks
kalyan singh ahlawat
[protected]
WHAT THE MEANING OF PROKSY LETTER,
WAKE UP PEOPLE
WE ARE ALL FOOL WHO HAVE PARTED OUR HARD EARNED MONEY WITH OPEN EYES & FULL SENSIBILITIES - GREED - 48% - WILL BE OUR DOOM!