Comments
dear ganeshji
thanks a lot for your efforts for the wellfare of the investors. u r genious. may god bless u and all the investors.
well i have just red on hubpages site by Rupari, the news is with the photograph of mr Masood, saying that he can pay the investors in a weeks time. please confirm this news.
thanks a lot.
best wishes and lots of lv
c m gulati
thanks a lot for your efforts for the wellfare of the investors. u r genious. may god bless u and all the investors.
well i have just red on hubpages site by Rupari, the news is with the photograph of mr Masood, saying that he can pay the investors in a weeks time. please confirm this news.
thanks a lot.
best wishes and lots of lv
c m gulati
from Monday to Wednesday, form 10.00 A.m onwards Massod wiil have an interaction with E.O.W mumbai as directed by court. Let us pray God that mr. massod should have a positive approach with respect to each and every investor, and E.O.W should understand our schemes upon which we were getting returns, and whata bout the present scenario.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
CRIMINAL APPELLATE JURISDICTION
CRIMINAL APPLICATION NO.5231 OF 2009
Sayed Mohammed Masood ...Applicant
Vs.
The State of Maharashtra ...Respondent
-----
Mr.Subhash Jha i/b. M/s. V.N. Associates for Applicant
Mr. Roopesh Jaiswal for Intervenor
Mr.S.A. Shaikh - APP for Respondent
----
ALONG WITH
CRIMINAL APPLICATION NO.5232 OF 2009
Sayed Mohammed Masood ...Applicant
Vs.
The State of Maharashtra ...Respondent
-----
Mr.Subhash Jha i/b. M/s. V.N. Associates for Applicant
Mr. S.R. Chitnis, Senior Counsel i/b. Gaurav Agrawal -
for Intervenor.
Mr. Roopesh Jaiswal for Intervenor
Mr.S.A. Shaikh - APP for Respondent
----
1
ALONG WITH
CRIMINAL APPLICATION NO.5233 OF 2009
Sayed Mohammed Masood ...Applicant
Vs.
The State of Maharashtra ...Respondent
-----
Mr.Subhash Jha i/b. M/s. V.N. Associates for Applicant
Mr. Jatia Sheth a/w. Mr.Bhavesh Parmar for Original
Complainant
Mr. Roopesh Jaiswal for Intervenor
Mr.S.A. Shaikh - APP for Respondent
----
CORAM: V.M. KANADE J.
DATED: 3RD DECEMBER, 2009
P.C.
1. Mr.Jha, the learned Counsel appearing on behalf
of the Applicant has submitted that the Applicant is
willing to repay the entire amounts which are due to
the Investors. He has given two charts in respect of
the assets and liabilities in respect of M/s. City
Limouzine (India) Ltd. and City Realcom Ltd. He has
also given a list of assets of the said two companies.
It is submitted that the Applicant is willing to
dispose off the assets. This suggestion is made
without prejudice to the rights and contentions of the
1
Applicant herein. The Applicant is willing to sit
across the table with the Counsel appearing on behalf
of the Complainant and few selective representatives
of the Investors in order to find out a solution to
the problem of repayment of the amount invested by the
Investors.
sunil-delhi said:
Dec 05, 2009 10:55 PM
2. In view of the suggestion made by the learned
Counsel appearing on behalf of the Applicant, in my
view, it would be appropriate to grant interim
protection to the Applicant for a period of one week
so that he can show his bonafides to the Counsel
appearing on behalf of the Complainant and few
representatives of the Investors to point out which
assets of the companies can be sold and also prepare
a scheme for the repayment. The Applicant shall also
report to the E.O.W. Unit 5 for a period of 3 days
from Monday to Wednesday between 11.00 & 2.00 p.m.
and cooperate with the Investigating Agency. In the
meantime, the Applicant shall not be arrested in
connection with the offences registered vide C.R. Nos.
74/2007 and 55/2009 with Cuff Parade Police Station
and C.R. No.347/2009 registered with Amboli Police
Station, Andheri, Mumbai till the next date. It is
clarified that the interim protection granted to the
Applicant is with a view to enable him to make an
attempt to amicably resolve the issue between the
1
parties.
3. The Applicant shall not be arrested in connection
with similar complaint if filed in the State of
Maharashtra and if such complaints are filed, at least
72 hours’ notice shall be given to the Applicant.
4. S.O. to 11th December, 2009.
(V.M. KANADE J.)
CRIMINAL APPELLATE JURISDICTION
CRIMINAL APPLICATION NO.5231 OF 2009
Sayed Mohammed Masood ...Applicant
Vs.
The State of Maharashtra ...Respondent
-----
Mr.Subhash Jha i/b. M/s. V.N. Associates for Applicant
Mr. Roopesh Jaiswal for Intervenor
Mr.S.A. Shaikh - APP for Respondent
----
ALONG WITH
CRIMINAL APPLICATION NO.5232 OF 2009
Sayed Mohammed Masood ...Applicant
Vs.
The State of Maharashtra ...Respondent
-----
Mr.Subhash Jha i/b. M/s. V.N. Associates for Applicant
Mr. S.R. Chitnis, Senior Counsel i/b. Gaurav Agrawal -
for Intervenor.
Mr. Roopesh Jaiswal for Intervenor
Mr.S.A. Shaikh - APP for Respondent
----
1
ALONG WITH
CRIMINAL APPLICATION NO.5233 OF 2009
Sayed Mohammed Masood ...Applicant
Vs.
The State of Maharashtra ...Respondent
-----
Mr.Subhash Jha i/b. M/s. V.N. Associates for Applicant
Mr. Jatia Sheth a/w. Mr.Bhavesh Parmar for Original
Complainant
Mr. Roopesh Jaiswal for Intervenor
Mr.S.A. Shaikh - APP for Respondent
----
CORAM: V.M. KANADE J.
DATED: 3RD DECEMBER, 2009
P.C.
1. Mr.Jha, the learned Counsel appearing on behalf
of the Applicant has submitted that the Applicant is
willing to repay the entire amounts which are due to
the Investors. He has given two charts in respect of
the assets and liabilities in respect of M/s. City
Limouzine (India) Ltd. and City Realcom Ltd. He has
also given a list of assets of the said two companies.
It is submitted that the Applicant is willing to
dispose off the assets. This suggestion is made
without prejudice to the rights and contentions of the
1
Applicant herein. The Applicant is willing to sit
across the table with the Counsel appearing on behalf
of the Complainant and few selective representatives
of the Investors in order to find out a solution to
the problem of repayment of the amount invested by the
Investors.
sunil-delhi said:
Dec 05, 2009 10:55 PM
2. In view of the suggestion made by the learned
Counsel appearing on behalf of the Applicant, in my
view, it would be appropriate to grant interim
protection to the Applicant for a period of one week
so that he can show his bonafides to the Counsel
appearing on behalf of the Complainant and few
representatives of the Investors to point out which
assets of the companies can be sold and also prepare
a scheme for the repayment. The Applicant shall also
report to the E.O.W. Unit 5 for a period of 3 days
from Monday to Wednesday between 11.00 & 2.00 p.m.
and cooperate with the Investigating Agency. In the
meantime, the Applicant shall not be arrested in
connection with the offences registered vide C.R. Nos.
74/2007 and 55/2009 with Cuff Parade Police Station
and C.R. No.347/2009 registered with Amboli Police
Station, Andheri, Mumbai till the next date. It is
clarified that the interim protection granted to the
Applicant is with a view to enable him to make an
attempt to amicably resolve the issue between the
1
parties.
3. The Applicant shall not be arrested in connection
with similar complaint if filed in the State of
Maharashtra and if such complaints are filed, at least
72 hours’ notice shall be given to the Applicant.
4. S.O. to 11th December, 2009.
(V.M. KANADE J.)
APPROS IF YOU PUT COMPLAINTS OR FIR NOW IT WILL FURTHER DELAY THINGS, MY POINT AS IN PAST WAS AN AMICABLE SOLUTION SHOULD BE REACHED.SO BE PRACTICAL AND DO NOT SUCCUMB TO NATURAL GREED OF HIGH RETURNS, LET US GET OUR MAJOR PRINCIPAL AMOUNT BUT IN ONE GO. ARBITRATION IS SUCCESS MANTRA NOT THE LEGAL/CRIMINAL CASES as a civil matter takes a long time..WISHING GOOD LUCK TO ALL.
My further point is that as representative only person with direct proportion of his/her investments be selected as the case of shareholders in any Company rather than TOM, DICK AND HARRIES, who will spoil the show.
he can show his bonafides to the Counsel
appearing on behalf of the Complainant and few
representatives of the Investors to point out which
assets of the companies can be sold and also prepare
a scheme for the repayment.
THAT MEANS SCHEME OF REPAYMENT SHOULD BE FRESH AND WILL IT BE A TRIPARTITE AGREEMENT?IF IS REALLY HAPPENS ALL OUR PROBLEM WILL BE SOLVED.
this point in the recent judgment is very important. we have to prepare statistics about all types of schemes/amt paid /received /due / pre.share/society amt and
put our demand in amicable way in the negotiation table.
appearing on behalf of the Complainant and few
representatives of the Investors to point out which
assets of the companies can be sold and also prepare
a scheme for the repayment.
THAT MEANS SCHEME OF REPAYMENT SHOULD BE FRESH AND WILL IT BE A TRIPARTITE AGREEMENT?IF IS REALLY HAPPENS ALL OUR PROBLEM WILL BE SOLVED.
this point in the recent judgment is very important. we have to prepare statistics about all types of schemes/amt paid /received /due / pre.share/society amt and
put our demand in amicable way in the negotiation table.
Ganesh sir,
Hope everything is moving in right path, something is better...
Can u please updae regarding Mr.Masood's pesence at EOW Mumbai for investigation.
Hope everything is moving in right path, something is better...
Can u please updae regarding Mr.Masood's pesence at EOW Mumbai for investigation.
Masood applied for transit bail fearing arrest by other state police officials. this emergency will come for hearing tomorrow.in the afternoon he is [protected]@EOW MUMBAI. WAIT & SEE
Thanks Mr ganeshvenkatchalam. many many thanks for latest information about the company. I am from dubai, I am also a investor in city realcom. my mobile no [protected].
email Id [protected]@yahoo.com
email Id [protected]@yahoo.com
The city police has formed an eight member team to investigate the case of City Group where two of its companies—City Limouzines and City Realcom—duped thousands of investors, said joint commissioner of police (crime) Rakesh Maria.
Meanwhile, company chairman S M Masood failed to turn up before the EOW on Monday as directed by the Bombay high court. He informed the police that he has filed an application in the high court, urging to modify its earlier order that directed him to be present before the EOW. Masood feared that he would be arrested by the police from other states where cases have been registered against him.
Meanwhile, company chairman S M Masood failed to turn up before the EOW on Monday as directed by the Bombay high court. He informed the police that he has filed an application in the high court, urging to modify its earlier order that directed him to be present before the EOW. Masood feared that he would be arrested by the police from other states where cases have been registered against him.
IF MASOOD WANT TO PAY HE CAN PAY BY SELLING HIS ASSETS!!!, WHY HE REQUIRES COURT PERMISSION TO DISPOSE OFF THEM.HIS ACTION ARE SPEAKING LOUDER THAN HIS APPLICATION THAT HE IS BUYING TIME, THAT'S ALL.IF HE PAYS THEN AUTOMATICALLY ALL INVESTORS SHALL WITHDRAW THEIR CASES.EXCEPT EOW / INCOME TAX FROM THEM HE FEARS MOST.THIS IS TIME PASS DRAMA... OF HIS.HE IS A BIG AND SON OF A WHO NEEDS TO BE KICKED HARD ON HIS BLOATED .
dear ganesh sir,
legal action is going on and on for the last four months. Y Masood is not aware of the difficulties being faced by the investors day to day. Monthly we are facing a lot of problems. Dates wont shut the mouth of Bank people. They need money. Masood is playing with all the investors. namma kaasa avan kita kuduthutu ipo naama thiriyaratha iruku. I have invested 3 lakhs in May 09. Only two cheques cleared. I am disturbed mentally. I dont know what to do keeping my sis marraige ahead in Jan .3 lakhs is lot of money for a middle class
legal action is going on and on for the last four months. Y Masood is not aware of the difficulties being faced by the investors day to day. Monthly we are facing a lot of problems. Dates wont shut the mouth of Bank people. They need money. Masood is playing with all the investors. namma kaasa avan kita kuduthutu ipo naama thiriyaratha iruku. I have invested 3 lakhs in May 09. Only two cheques cleared. I am disturbed mentally. I dont know what to do keeping my sis marraige ahead in Jan .3 lakhs is lot of money for a middle class
dear ganesh sir,
Please update about Masood 's presence today at EOW.
KEEPING ALL INVESTORS IN MIND MASOOD SHOULD BE PRESENT AT EOW AND CLARIFY THE THINGS.
Please update about Masood 's presence today at EOW.
KEEPING ALL INVESTORS IN MIND MASOOD SHOULD BE PRESENT AT EOW AND CLARIFY THE THINGS.
suggestion to all
Government of India has an online Grievance forum at http://www.pgportal
.gov.in
pl file complaint init and i got ack fo it. pl.file enmass to this grieveance cell and see what happens
Government of India has an online Grievance forum at http://www.pgportal
.gov.in
pl file complaint init and i got ack fo it. pl.file enmass to this grieveance cell and see what happens
Bombay High Court hearing postponed to tomorrow as there was a huge backlog from yesterday.
Over 200 investors were present in high court today.
Tomorrow is the Judaical Custody extension for Geeta Razzaki.
Over 200 investors were present in high court today.
Tomorrow is the Judaical Custody extension for Geeta Razzaki.
Masood applied for protection from non maharashtra police in maharashtra which was rejected. Ie masood is supposed to come to eow, but given chennai and bangalore police are in town, they can pick up masood. He wanted protection from them as if he were a saint and has harmed no one.
It was brought to the notice of HC that he has filed similar petition before SC which is kept for urgent hearing today before HHJ Katju & Lodha. Hence matter has been kept for hearing on Friday.
Masood is giving a jolly good ride to cops from all states and in turn the investors
Masood is giving a jolly good ride to cops from all states and in turn the investors
massod's bail petition at supreme court rejected.protction in mahrashtra is only upto 11/12/09. meanwhile he has withdrawn his transfer application in supreme court today. see s.c proecedings below.
TEM NO.MM-8A COURT NO.8 SECTION XVIA
S U P R E M E C O U R T O F I N D I A
RECORD OF PROCEEDINGS
CRL. M.P. NOS.[protected]/2009 IN
TRANSFER PETITION (CRL.) NO(s). 362-367 OF 2009
SAYEED MOHAMMAD MASOOD Petitioner(s)
VERSUS
STATE OF MAHARASHTRA & ORS. Respondent(s)
(for directions)
Date: 03/12/2009 These Petitions were called on for hearing today.
CORAM :
HON'BLE MR. JUSTICE MARKANDEY KATJU
HON'BLE MR. JUSTICE R.M. LODHA
For Petitioner/(s)
Applicant Mr. Samir Ali Khan, Adv.
For Respondent(s)
UPON being mentioned the Court made the following
O R D E R
Learned counsel for the petitioner-applicant seeks
permission to withdraw these applications.
Permission is granted. The applications are
dismissed as withdrawn.
(Ajay Kr. Jain) (Indu Satija)
Court Master Court Master
TEM NO.MM-8A COURT NO.8 SECTION XVIA
S U P R E M E C O U R T O F I N D I A
RECORD OF PROCEEDINGS
CRL. M.P. NOS.[protected]/2009 IN
TRANSFER PETITION (CRL.) NO(s). 362-367 OF 2009
SAYEED MOHAMMAD MASOOD Petitioner(s)
VERSUS
STATE OF MAHARASHTRA & ORS. Respondent(s)
(for directions)
Date: 03/12/2009 These Petitions were called on for hearing today.
CORAM :
HON'BLE MR. JUSTICE MARKANDEY KATJU
HON'BLE MR. JUSTICE R.M. LODHA
For Petitioner/(s)
Applicant Mr. Samir Ali Khan, Adv.
For Respondent(s)
UPON being mentioned the Court made the following
O R D E R
Learned counsel for the petitioner-applicant seeks
permission to withdraw these applications.
Permission is granted. The applications are
dismissed as withdrawn.
(Ajay Kr. Jain) (Indu Satija)
Court Master Court Master
thanks srini rangaraj
The Supreme Court on Wednesday dismissed an application filed by City Limouzines chief S M Masood seeking protection from arrest across the country. However, Masood seems to have earned a rare distinction in the citythat of being a white collar accused who has probably filed maximum number of litigations in various courts to prevent himself from being questioned by the police. He had moved several courts as
many as 17 times in the last two years for various reliefs.
Masood once told a police officer, To solve a problem one has to create multiple problems. This is what Masood is doing now. We are running from one to court to another to fight against him, an officer said.
He began approaching courts from September 2007, when the Economic Offences Wing (EOW) of the city police registered a FIR against him for cheating an investor Jalandhar Pansare. Sources said that soon six writ petitions were filed in the Bombay high court seeking various reliefs including asking for orders to the police from taking coercive action. In one of the writs, the HC passed an order saying Masood be given 72 hours notice before being arrested. He also moved the city civil court saying there should not be any hindrance to his business, which he subsequently withdrew.
Masood filed a seventh petition seeking to get the FIR quashed. The HC ruled in his favour in March 2008, saying no case of cheating was made out. The state went in appeal in the Supreme Court, following which the FIR was restored this year.
Once the SC restored the FIR, Masood soon moved the apex court, saying only Pansares case should be investigated. This is pending in the SC. In the HC, he also filed a company petition for restructuring the debts. At the orders of the HC, he held a meeting of creditors two months ago, which turned out to be a fiasco. Soon after, he moved the HC again saying all the new FIRs should be clubbed together. He filed another petition to have the new FIRs quashed. He has now filed six transfer petitions in the apex court saying the FIRs registered across the country be shifted to Hyderabad as its centrally located.
Meanwhile, he filed an anticipatory bail application in the sessions court, which went on for a month before it was rejected. Soon Masood moved an application in the HC saying he should be given protection from arrest in the cases registered in the state. The HC granted him interim relief till December 11 after he told the court a scheme to liquidate the companys assets and clear the debts. He then filed another application seeking protection from arrest across the country. The HC on Wednesday adjourned it to Friday after the court was told that he had moved the SC with the same prayers.
R.Srini rengaraj
The Supreme Court on Wednesday dismissed an application filed by City Limouzines chief S M Masood seeking protection from arrest across the country. However, Masood seems to have earned a rare distinction in the citythat of being a white collar accused who has probably filed maximum number of litigations in various courts to prevent himself from being questioned by the police. He had moved several courts as
many as 17 times in the last two years for various reliefs.
Masood once told a police officer, To solve a problem one has to create multiple problems. This is what Masood is doing now. We are running from one to court to another to fight against him, an officer said.
He began approaching courts from September 2007, when the Economic Offences Wing (EOW) of the city police registered a FIR against him for cheating an investor Jalandhar Pansare. Sources said that soon six writ petitions were filed in the Bombay high court seeking various reliefs including asking for orders to the police from taking coercive action. In one of the writs, the HC passed an order saying Masood be given 72 hours notice before being arrested. He also moved the city civil court saying there should not be any hindrance to his business, which he subsequently withdrew.
Masood filed a seventh petition seeking to get the FIR quashed. The HC ruled in his favour in March 2008, saying no case of cheating was made out. The state went in appeal in the Supreme Court, following which the FIR was restored this year.
Once the SC restored the FIR, Masood soon moved the apex court, saying only Pansares case should be investigated. This is pending in the SC. In the HC, he also filed a company petition for restructuring the debts. At the orders of the HC, he held a meeting of creditors two months ago, which turned out to be a fiasco. Soon after, he moved the HC again saying all the new FIRs should be clubbed together. He filed another petition to have the new FIRs quashed. He has now filed six transfer petitions in the apex court saying the FIRs registered across the country be shifted to Hyderabad as its centrally located.
Meanwhile, he filed an anticipatory bail application in the sessions court, which went on for a month before it was rejected. Soon Masood moved an application in the HC saying he should be given protection from arrest in the cases registered in the state. The HC granted him interim relief till December 11 after he told the court a scheme to liquidate the companys assets and clear the debts. He then filed another application seeking protection from arrest across the country. The HC on Wednesday adjourned it to Friday after the court was told that he had moved the SC with the same prayers.
R.Srini rengaraj
Gods grace we are heraing some positive movements, thanks to all those who taken initiative for this and plese carry on with this same tempo all investers are with you, God bless you all..
With regards
Manoj Kumar