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we also have same problem please solve this problem
Dear friends,
Please wait till court order. Call me if any discussion on [protected] or send e-mail to me.
Please wait till court order. Call me if any discussion on [protected] or send e-mail to me.
City Limouzines — cheques dishonoured and the company closed
Respected sir,I was introduced by one of my friend and I have invested Rs5,20,000/= through loans from our employes co-operative credit society and others on my name and my wife's name in Citi Real Com and I have also made my Father In Law to invest his hard earned RETIREMENT MONEY in this for Rs 1,30,000/= I have furnished the details of the investment below, Please REGISTER this as my complaint against the CITI LIMOUZINES LIMITED and do the needful to me.
Name Date of Invest. Regd. Folio No Cirtificate No
J.KATHIRVEL 09.08.2008 7786 7383
K.MANJULA 08.08.2008 7787 7384
P.RAJENDIRAN 31.07.2008 7788 7385
J.KATHIRVEL 25.11.2008 12606 11215
K.MANJULA 28.11.2008 12607 11216
Hi,
Will any body explain what is proxy form and what we have to take to the meeting.
I am going for meeting on 14/15 th oct.Let me now what we have to take with me beacuse i have seen the form on the site but unable to understand what they want... Please anybosy can explain in simple word.
Regards,
Nitin Patni
Will any body explain what is proxy form and what we have to take to the meeting.
I am going for meeting on 14/15 th oct.Let me now what we have to take with me beacuse i have seen the form on the site but unable to understand what they want... Please anybosy can explain in simple word.
Regards,
Nitin Patni
1.all the recent investors, whom has not got a single payment should be given their money forthwith, with 15% intt p.a
2. all those whose principle amt received i.e. full 60 cheques received and
3. those who received their principle amt by virtue getting 18 cheques where in the break even attained by way of 7% cal, should be calculated @ 15% p.a and if by this cal. their principle is reached, then they r waiting for capital money i.e preferential shares, which the company can not touch.
2. the above these categories allowed to terminate their preferential shares forthwith .
3. then comes the un secured creditors who received less than 18 cheques and does not have pre. shares.
4. this categeory should be calculated intt. @ 15 % p.a and the exercise should have its logic end by 31/03/2010.
sir, this my observation. pl refine if y have other thought.
2. all those whose principle amt received i.e. full 60 cheques received and
3. those who received their principle amt by virtue getting 18 cheques where in the break even attained by way of 7% cal, should be calculated @ 15% p.a and if by this cal. their principle is reached, then they r waiting for capital money i.e preferential shares, which the company can not touch.
2. the above these categories allowed to terminate their preferential shares forthwith .
3. then comes the un secured creditors who received less than 18 cheques and does not have pre. shares.
4. this categeory should be calculated intt. @ 15 % p.a and the exercise should have its logic end by 31/03/2010.
sir, this my observation. pl refine if y have other thought.
This type of scheme is always have risk associated
Wt I feel is some registed association and government body should give approval to run this type of bisness.
Collecting money from the public-need some governing body like AMFI /SEBI/RBI., Etc
And need some rating agent like CRILS ., Etc
Scheme should be approved by some finical governing body and rating should be given by them.
Guide lines about the risk involved should be said Cleary to the public putting there cash.
In any event if company files bankruptcy /merging and accusation need to be framed by those governing body.
Company debit equity ration and performance should be given to public attest once in 4 months.
Expense for running our scheme (separately for each scheme including commission and advisements expense and ratio of the expenses should be provided by the company)
Capital provide by the company vs capital given by the people(public) should be stated by the company.-this should not cross 60(company):40(public)-max or ask expert –governing body to fix it-(RBI-for bank and fincal instion., citi bank or axisisbank or any bank loan aprvl system plp can say more abt howmuch captal can be fixed-so governing body should include those people).
Without this we cant manage risk
This is Purely risk management area .people need to rise voice regarding this.
Please crying from heart let all this schem need to run there show under GUIEDLINES OF GOVERNING BODY –APROVED BY MINSTRY OF FINANCE).
Plp don’t put money or donot encourage this type of schemes until and unless aproved by governing body’s.
Simply ask atlest any leading finical newspapers and magazines. (Collecting money from the public and doing bisness always need to be governed any autonomies dynamic finical expert team you name it SEBI or RBI OR ANY BODY FROMED BY- MINSTRY OF FINANCE).
Regards
Venkat
Wt I feel is some registed association and government body should give approval to run this type of bisness.
Collecting money from the public-need some governing body like AMFI /SEBI/RBI., Etc
And need some rating agent like CRILS ., Etc
Scheme should be approved by some finical governing body and rating should be given by them.
Guide lines about the risk involved should be said Cleary to the public putting there cash.
In any event if company files bankruptcy /merging and accusation need to be framed by those governing body.
Company debit equity ration and performance should be given to public attest once in 4 months.
Expense for running our scheme (separately for each scheme including commission and advisements expense and ratio of the expenses should be provided by the company)
Capital provide by the company vs capital given by the people(public) should be stated by the company.-this should not cross 60(company):40(public)-max or ask expert –governing body to fix it-(RBI-for bank and fincal instion., citi bank or axisisbank or any bank loan aprvl system plp can say more abt howmuch captal can be fixed-so governing body should include those people).
Without this we cant manage risk
This is Purely risk management area .people need to rise voice regarding this.
Please crying from heart let all this schem need to run there show under GUIEDLINES OF GOVERNING BODY –APROVED BY MINSTRY OF FINANCE).
Plp don’t put money or donot encourage this type of schemes until and unless aproved by governing body’s.
Simply ask atlest any leading finical newspapers and magazines. (Collecting money from the public and doing bisness always need to be governed any autonomies dynamic finical expert team you name it SEBI or RBI OR ANY BODY FROMED BY- MINSTRY OF FINANCE).
Regards
Venkat
I have invested 2 lak in CO. Now they are not attending phones & cheques are not getting cleared. They have even not given post dated cheques for my last investment made on 14 Aug. If you are getting any information please email to [protected]@yahoo.co.in or call [protected]
City Realcom,Mumbai/Jaipur — Cheque bounced
I did'nt get back to you immediately after I got ur reply since I preferredto wait for my first cheque drawn on Kotak Mahindra Bank,Mumbai(due date 19th Sept.) to get
cleared.
Today I learnt from my bank account that the amount
Rs.8800/= was first credited into my account and then withdrawn(with a note:
insufficient balance)It means that my cheque has bounced and thus City Real Com has cheated its customer.
I am an investor from Rajasthan.
City Limouzine Office at Jaipur is not attending to my phone calls in spite
of my constant efforts.My file No. is 2798/R. Kindly guide me accordingly(what action should I take now?)
S.K.RAINA
Rajasthan
hi we r also investers,
we hope company should run on its own ..
we hope that our investments are safe .
we hope company should run on its own ..
we hope that our investments are safe .
whats the meaning of Group -A and B investors. maneesh tandon +91-[protected] Bhopal MP
i want to city realcom office (nariman point Mittal Tower) door was lock
please let me know about the status of it
whether there is meeting on 7 th oct 2009
please let me know about the status of it
whether there is meeting on 7 th oct 2009
I have all faith that every thing will go well with us. I have full faith with the Company they will take care o[censored]s.
May God give them all positive thinking and come out clean and blessings of all investors to the Company.
Ratna Srinivas
May God give them all positive thinking and come out clean and blessings of all investors to the Company.
Ratna Srinivas
I invested 2.5lac with the City Limousine India Ltd. & Company assured me to give the return upto 5 years by paying 12 checks every year. I invested in may 2008 and they had given me 18 checks till date. In the month of september the check which were deposited were bounced and bank has panelize to me Rs. 250/- for the affence which pertains to City Limousine India Ltd. Till date no information/ clarifications has been recieved by the undersigned inspite of repeated reminders. I am a Senior Citizen Lady and I invested all my saving with the City Limousine India Ltd. by thinking that my rest of life will be easy going now i am harrased and think what would be happened to me in future. I am once again requeted by sending this e-mail that any sort of latest information/ clarification regarding investors of City Limousine India Ltd., may be informed to me through my e-mail address as above.
I will be highly oblized.
Sukhdevi
I will be highly oblized.
Sukhdevi
kismat hogi toh apni money milegi verna nhi
i think we shd attend the meeting and agree to get our money back with 7% interest in a 1yr time otherwise these procedures will get lenthened and we will not get anything and even if we get it will be so late that it will come to same amount with less interest as we will be getting now in a yr time.its my point of view everyone plz express yours as it will help us for the meeting.
hello any idea wht happened. they had asked to wait till sep 5. But now oct has started. we are loosing interest on the same.
Today[protected], one of my relative went to Mittal Towers, Mubai at City Realcom Office, where he surprise to see the locks on all the offices of Citygroup. I don't know what will be happened in the forthcoming meetings of 14-15 Oct. Anybody, who knows the complete address of Advocate i.e. V.N. Associate (rather then this incomplete address - 457/1, Dwarka Das Mansion, S.V.P.Road, Prathana Samaj, Mumabai – SVP road is a huge area) along with phone no. and also the venue of the meeting i.e. Wilson High School, please inform. I'm from Jaipur, so it is very difficult to reach these unknown places. Urmila Cherwal
for getting our money back contact
advt krishna murthy
b, coz the company is telling lie that dont worry
advt krishna murthy
b, coz the company is telling lie that dont worry
V.N. Associate 457/1, Dwarka Das Mansion, S.V.P.Road, Prathana Samaj, Mumabai – SVP road is a huge area) NO MORE EXIST Dwarka Das Mansion was there before 4 years no there is new building called Phoneix Building, I dont think so there in any advocate called V.N Associate, if any one have collected proxy form from there please forward it to others
If you can't come to Mumbai yourself, you can tell a relative or friend who stays in Mumbai or even a family member who stays with you or in Mumbai to come on your behalf to the meeting by filling the proxy form.