Hi I have Ivested lot of money in city group.Now I am very panic.can yu updates the citygropu status to me.

All chennai customers, please assemble on 17th at 10 o' clock before the city office, Nungampakkam. We'll go and give the complaint to the city commissioner of police

Sub:- Re-Fund against invest of money against company schmes up date no making aggrement.
Ref:- Your Receipt No.20105 (City Realcom limited) and City co-op.credit society ltd, Mumbai Of Rs.107515/- and Rs. 31000/- respectively on Dated 22/07/2009

With reference to above subject I have given Cheque No. 434459 HDFC Bank Nerul Branch of Rs. 75000/- and Cheque No. 062351 Axis bank Nerul Branch of Rs.63515/-In favour of City Realcom Mumbai. Above cheque given investment in company. As per discussion While giving the payment said within 20days you come to our office for agreement. After 20 days Call to company representative she told me our audit going that is you will come after10 days i.e. on Date 22.08.2009 . I spoken that date she told me till up to date audit going on.
Now I Several times call but not given properly answer from company side.
Now I decided to re-fund my given above paymet . I am not interested in your schemes.
please I request to GOVT,RBI and other responssiblites to take action.

I have also invested money Rs 248000/+. I got only 5 cheques and one is return on 2 sep- 09. now i come to know that somthing problem there,.

If any update pls mail me at dhiraj_chopra@hotmail.com

guide me how i can get information.

Dear readers...it is very sad to read some comments from people who do not have factual information about city limouzine's business commenting on it stating it is illegal. Please gather information before you comment on anything. This company is in existence for the last 12 years and has been doing very good business...if it was a fraud company they had enough of chance to collect the money and run away....they have not done so...infact they are fighting the case...so those who have invested, please do not panic...have trust...

I have invested in city limouzine fr the past two and a half year and have been receiving regular returns without any hazzle.

Be positive...this company in a way ensures that the old age homes are closed because our senior citizens have got financial freedom and not dependent on their children.

Also in a time of recession so many people are able to take care of their household expenses and build their homes....start their business, create employment opportunities........MESSAGE FOR THOSE WHO ARE UNNECESSARILY TRYING TO CREATE PANIC IN THE MARKET - WHY ARE YOU NOT LOOKING AT MUCH MORE IMPORTANT ISSUES THAT ARE GOING ON IN THIS WORLD??????? AND STOP COMMENTING ON A TOPIC ABOUT WHICH YOU ARE NOT AWARE.....

We all know there seems to be a problem at CITY LIMOUZINES. They have been unable to honor their payments on due date, since Aug 12, 2009.

The Hyderabad branch has already shut down their office, putting up a notice that they are facing a legal battle and therefore hope that the issue would be resolved by 25th Sep following which they would open up the office.

In any case, please..... we are all ofcourse very hopeful, as it is in our own self interest, that City Limouzine honors their commitments, as they promised, after 25th September 2009. But let's be realistic here, under the circumstances, barring a miracle, this does not look very likely.

While hoping for the best, we should definitely be prepared for the worst. We should scrutinize and examine our contracts with the Company, to evaluate our legal position.

The Govt in the meantime should rain in all effective measures to ensure that the defulters do not go scott free and that the hard earned money of all investors does not go down the drain.

now they r saying that deposit cheques in october wats going on?

is this a next scam which whole india will face !!!!!!!!!!!!

Originally Posted by unregistered

now they r saying that deposit cheques in october wats going on?

is this a next scam which whole india will face !!!!!!!!!!!!

This is a scam. Masood is trying to leave India today. He has filed a petition in the bombay metropolitan court that he should be allowed to leave India. News is that he is heading to the US.

Authorities at US immigration and local police departments have already been alerted about Masood, who will most likely be taken into custody as soon as he lands in the US.

There are several lawyers who will oppose the petition in court tomorrow. There is also one application asking for a non bailable warrant against all directors of City Limouzine across India. They have cheated over 10 lakh people across the nation.

Also, please read an article which will print in today's (sep 15th) times of india mumbai edition about City.

The only way to get money back is to file gather in Mumbai and file a suit against masood, geeta razakki, seema razakki, sheila khan, farhan ahmed khan and others. These are the main guys behind this scandal.

Originally Posted by molder78

This is a scam. Masood is trying to leave India today. He has filed a petition in the bombay metropolitan court that he should be allowed to leave India. News is that he is heading to the US.

Authorities at US immigration and local police departments have already been alerted about Masood, who will most likely be taken into custody as soon as he lands in the US.

There are several lawyers who will oppose the petition in court tomorrow. There is also one application asking for a non bailable warrant against all directors of City Limouzine across India. They have cheated over 10 lakh people across the nation.

Also, please read an article which will print in today's (sep 15th) times of india mumbai edition about City.

The only way to get money back is to file gather in Mumbai and file a suit against masood, geeta razakki, seema razakki, sheila khan, farhan ahmed khan and others. These are the main guys behind this scandal.

I am Sathish here. I have invested in City Limouzines and Realcom. Last week, I spoke to their Bangalore office and somebody replied that you can deposit cheques on 15th September 2009 after checking with them. Today nobody is picking the phone in Bangalore and all of their branches. Hope the company is not sealed. I have not yey given any complaint in this regard. Please advice the course of action to be taken.

Sathish

Originally Posted by molder78

This is a scam. Masood is trying to leave India today. He has filed a petition in the bombay metropolitan court that he should be allowed to leave India. News is that he is heading to the US.

Authorities at US immigration and local police departments have already been alerted about Masood, who will most likely be taken into custody as soon as he lands in the US.

There are several lawyers who will oppose the petition in court tomorrow. There is also one application asking for a non bailable warrant against all directors of City Limouzine across India. They have cheated over 10 lakh people across the nation.

Also, please read an article which will print in today's (sep 15th) times of india mumbai edition about City.

The only way to get money back is to file gather in Mumbai and file a suit against masood, geeta razakki, seema razakki, sheila khan, farhan ahmed khan and others. These are the main guys behind this scandal.

I have also invested in City Limouzines and realcom. Last week when I called their Bangalore office they replied to deposit cheques on 15th september after checking with them. Today when I tried to call, nobody is picking the phone and I tried all of their phone numbers in all cities and no phone is working.

Please advice what couse of action I need to take. I have not yet given any official complaint.
Sathish

FRIENDS,
I am Wakeel Ahmed Qureshi from Jaipur Rajasthan, Kindly include me if somebody interested to take any legal action against the company. My email id is waqureshi2@yahoo.com
WAKEEL AHMED QURESHI
9828110014

city limouzinee seems to be a big fraud goverment should intervene immediatetly to prevent loss of precious money of several investors by way of sealing prop of the company before election otherwise cheated investors will come on street to expose the apathy of government towards public issue. company can easily pay back debts as it is owning biggest land bank in the country and abroad

hi all i have went to city limousine to day but now they are telling me that the final desigion will come on 7 oct

Hi, this is a piece of info from chennai reg the case details.
When I spoke to one of the officials in chennai, he told that The company itself has approached the court to give a suggestion as how to run the company further since the accounts have been freezed due to the FEMA issue. So the court has given orders to conduct a meeting with the investors on 7th and 8th of october and submit the minutes of meeting and based on that if the Court is satisfied it will close the case it seems.

For the ppl who don't know abt the FEMA issue, it is when there was a raid in the company, the CBCID have given a checklist of 26 rules which needs to be followed while getting the investments from the public, but it has not been properly followed. So the court has asked the company to give a report about the source of income of the investor (ie. how did the investor get the cash that he has invested) but the company refused to give. that is why this case is not yet closed.

This is the info i got, hope things turn up well soon. I would suggest u ppl to not be panic.
Do keep us posted on the further details

Thanks!