Metro Cruise Limited — Dishonoured cheque

I agree with the comments and the complaint against the firm. Even I have invested Rs. 1.30 lakh in this company. My cheque for this month (January 2010) got bounced. Today from the news channels, I could find out that the company has left the office at Somedutt tower at Bhikaji Cama Place and the office is locked.
Through the mobile numbers of the complainants available in this site, I contacted some of them who confirmed that their cheques also got bounced.
This is not all, my retired parents looking at me getting moneys regularly, have invested Rs. 1.25 lakh and after getting two months, the third cheque got bounced which was dated 2 January 2010.
This company even turned out to be fraud.
Our money laundering Acts must be strengthened and the enforcement agencies must be more effective in detecting these alluring advertisements in the newspapers and keep a tab on their working.
The economic offences wing also need not wait for complaints to act on. They should be more proactive and detect these advertisements in the newspaper wherein they offer hefty returns.
The common public take these as genuine and legal since repeated advertisements are featured in newspapers and the companies open their offices in posh office space which even have some offices of the police/intelligence agencies.
With the loose attitude of the Government and the enforcement agencies on these companies, they are increasing day by day and looting the hard earned money of common public while these agencies which get their salaries for protecting the common public from these dubious companies sit pretty and see the fun.
It can be possible in a hopeless country like ours.
Shame on the agencies and the Government.

Somedutta Biswas.
File No. 1951, agreement with effect from 17 November 2008.
Gayatri Biswas.
File No. 3930.
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Hi All good news to share, MCL settlement cell department works and they are responding all our phone calls and told they will start re-pay to the investor from tomorrow onwards and regarding this all investor will receive the sms shortly. I beleive the MCL settleent cell is working with full throttle for the re-payment
Dear Investor,
At the outset I convey my New Year Greetings.
I extend my full heartedness thankfulness for the co-operation your good self had shown in our company.
In recent past there were certain unavoidable circumstances due to which the company was unable to meet its expectation received so far, which annoyed our member s and they had beaten up our staff members and our different business places.
In these circumstances, we were forced to temporarily close our office. Later on the similar incidents occurred at our different business outlets and they were also forced to be closed as all the operating staff walked out fearing danger to their life.
May be this is spreading a wrong message and I am hearing rumours of company is being closed and their investment are dead, which are wrong. Our Goa office been reponed since 16.01.2010. I also assure you that all the other offices and other business outlets of the company will be operational very soon.
The company has set up a set up a settlement cell at _MB-155 Shakarpur near Madhuban Laxmi nagar Delhi, so that every member’s payments could be settled. On priority basis we shall settle the payments of those members whose even the principal investment is not returned back by returning their balance investment along with interest at the rate of 8% on principal investment. Rest of the members shall also be offered compensation amount at a later stage.

Please maintain calm and patience so that things can work out smoothly, because if this arrangements fail we shall have no option but to close this centre also.

Please feel free to contact:
MCL Settlement Cell
Telephones [protected], [protected], 22453800
Address:MB-155 Shakarpur near Madhuban Laxmi nagar Delhi
Timing 12 PM to 4:30PM
So, finally there is relief to the investors.MCL offices are open and money is being paid as per the agreed terms of settlement.If this is not sufficient to reinstal the investor confidence.
If someone from Delhi area who received the money shares his experience and information it will be a real source o[censored]nity among investors.Please put your remarks on this issue and provide actual position to others who are not from Delhi area or some other place where MCL hasnot opened its office.Few people must be on their way to Delhi or nearest settlement Zone.
[protected]@legalhelpindia ;Mob-[protected]
Dear Member

We thank you for your kind patience and trust in us, all of you have cooperated in smooth functioning of the settlement cell for the first day, hoping the same in future as well.We have received above 700 files today and we have already started analyzing the accounts.we assure you the refund very soon and promise that everybody`s hardearned money will be returned.
Manmohan Singh
(Director)
thank you so much Mr Singh. But to inform you, kindly see the file 3930 which belongs to Ms Gayatri Biswas who is my mother. Looking at me getting the amount, she also invested and after getting three months cheques, her cheque for this month got bounced. She is in very bad shape of mind and I cant console her because even I have lost the money.
I assure you that I will never trust any such funds in future but for God's sake please return my mothers money and if you have any ill intentions then go away with my money I dont mind as I am young and still working.
I pray to God everyday that he gives you Su-buddhi so that you dont think to run away with the hard earned money of so many people. Though legally you cannot cancel the agreements, but its alright with me that you return the balance amount of my mother and run away with my balance money.

Yours truly,

Somedutta Biswas, file No. 1951 and my mother Ms Gayatri Biswas, file No. 3930
Dear everyone,
I personally went to the office at MB 155 Shakarpur and met the officials working on behalf of MCL. They were polite and they requested us to keep the copy of the agreement and all the balance cheques.
they said that 57 cheques have been prepared today for the persons who have deposited the documents on 19th. I feel that there is nothing to worry and things are transparent.
If such schemes are continued in future, I would love to invest in future with MCL, thats for sure. But, yes I am hoping against hope that the promise of the representatives at MB 155 will be kept and we would get the balance of the sum at the earliest.
thank you for your honesty, Sir.
S N Biswas
Let us hope that everyone, s money is refunded at the earliest so that one, s faith in such institutions is not lost completely.DR.R.K.SHARMA Gurgaon [protected]
mcl employes/owner was warried to see the position of mr. rupesh verma dircetor of om sai nath so he wartch him every court date. mcl make fool all the investors and take long time. it take long time the investors memery will erase day by day and this is the human mentality and due to this human mentalilty the cleaver/cheter person take benift and the make polite and way took long time so that the invesot automatically shut mouth after long time.
Hi all,

How you doing? Now a days case is going on in saket court. At this moment Akansha sharma and manmohan Singh both are on interimn bail. If you need any more details, letme know?

Regards,
Vinay Gupta
#[protected]

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