City Limouzines

23rd Nov 2009.

I am an Investor with City Limo & Real Com and know about 14 to 15
files and 8 to 9 people in 3 families who have invested. I commend on
all the efforts by all those who go the extra mile on behalf of scores
of investors. My questions are these.

1.On reading a lot of reviews and write ups in Google Groups and in
Mouth Shut I come across three names in pertaining to efforts
towards recovery from city limo & com. Manohar Lohia, Zulfikar Ali
Khan & Khaleemulla Khan. Hope there is a collaborated effort between
all.

2. Is there a a common list of investors of all India level that has
been created where one could register with city name, file
number ,name and contact no. This may be of use to those who are
upfront fighting for the cause .

3. Although in Chennai, I hope to contribute towards the rally in
Mumbai on the 2nd Dec to the account No found here in...in one of the
group's messages from Manohar Lohia.

4. I read a suggestion that we deposit all the cheques held in one
deposit slip that might aid in a case registration if need be and
follow up with a letter of complain to the Company. Although I doubt
any of us would want to go through a court case....perhaps it may help
in the forerunners fighting for our cause.

5. I am wondering as to the possibility of Company Directors intention
of returning the invested amount with 7%.....whether the chances of
this happening are high or not ? I realise there seems to be no light
at the end of the tunnel....as dates keep getting postponed....which
could be because of court cases.....or could be an intentional action
to flee/dupe investors by buying in to more time.

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20th Nov 2009

It is very simple to seat at Home or in Aircondition office & write an email with different - 2 advices, to do this n that...Boss it won't be possible without hardwork.& some Pagalpan.....SARKAR KO HILANA CHAHIYE....I am ready to do something Nonsense...but I need atleast darrer 5000 Invetsor with me in all Metro City...BLOCK THE MAJOR ROADS....TRAINS.....TRANSPORT..etc.(don't hurt anybody or don't try to damage anything)...which is the life of Mumbai as well as of other City's. I know it sounds odd..but it is the way I know when no body is listening to us..no body care for our problems....2nd December...2:00pm AZAD Maidan (Rally is arranged by Mr. Manohar after facing lots of Pain & hardwork)..after rally & Press Conference...why don't we try this also....Investors ...Show your gutts...all media will cover this story...come together..will make a history....need to teach a lesson to Dogs like MASOOD & his sub ordinates.....CHALO AZAD MAIDAN...2nd Dec.09 2 PM.....

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Hi Friends, 
Did you see the full front page coverage of Cane farmers protesting at jantar Mantar ,N.Delhi in todays news papers !

Media covered this by front full page story and entire national New papers like TOI/HT covered entire proceeedings.

Similar protest needed in other parts of india at places like Jantar Mantar (heart of Connaught place,New Delhi).

Hope everyone will co-operate and plan and implement accordingly, than only our honest PM will come to know the situation and he is only our last hope, no-one else .

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17th Nov 2009

Anticipatory Bail petition has been applied for Geeta and Seema Razzaki in 
Sessions Court, Mumbai. The first hearing is tomorrow at 11am, court room 
number 30 in Sessions Court.

Secondly, a media conference and a investor’s summit has been arranged in
Azad Maidan on Dec 2nd and 2pm. We have obtained the required police
permissions. Please spread the news everywhere, start making banners etc.
This is our one and only chance left to make some noise about this scandal.
In this battle, so far Masood seems to be taking the lead.

The transfer petitions filed in Supreme Court ask for all cases to be
transferred to Hyderabad. We do not know the reason behind this, but most
likely there is some setting done in HYD with govt authorities and
politicians. Can an HYD investors look into this and report back?

It is confirmed that Masood is known criminal, so we are fighting against a
ex- convict.

Guys, This is the only chance we have to place before the people and authorities as a National issue. Lets do our bit.

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It is a very good initiative and praiseworty. I belong to Delhi but I have a lot of relatiives in Mumbai who have invested a large amount with City Group. I would advise them to attend the summit. I am also requesting a few friends From Delhi to attend the summit.

We will render you our whole-hearted support in your endevours and wish you all the very best for bringing the culprits to book.

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Very sad but good to hope for yielding our hardearned money back. Thanks for the information supplied. How all we can together to fight for our money back? In the company’s website, it is still noted that ’’next meeting will be informed to all the clients/investors by taking necessary steps’’ But so far nothing was informed to any either in their Website or SMS or by phone. They dont have any obligation/responsibility towards their poor investors. All it seems that they are totally fraud to manupulate anything.
Please update any new news and eventuality
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Dear friends dont believe kaleemula khan words he is masood man (masood’s dog).first of all whole india knows that masood bail pettition has been rejected,then why police still waiting to arrest masood,even once upon a time our former country prime minister indira gandhi was arrested and put in jail,i think you friends know that.now masood become more powerfull person than indiragandhi.
first realcom agreement is fraud.in that what masood mentioned as his property is not belonging to him.that belongs to maharastra state government.this is enough to arrest masood.already he done this type of fraud,but you friends still believe that masood will give our money back.
masood is director for the film name city group now that film has finished,thats all.
friends the things which happened before are well planned pls try to understand.in aug 3 they gone for scheme of arrangement then why they collected money still august end.
masood is having storng political power thats why no one cant do anything.this political dogs in india are useless fellows they think about their wealth only and not ours.friends i like to say one thing pls confirm the city office building owner in your cities and ask them what is the status of the office.then only we can know what is happening.iam interior of tamilnadu now iam not in the position to go to chennai.if it happens means i will make that enquiry and inform in this website.
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Hi,I am one of the invester from Bangalore,and the above comment is true,but presently what actioncan be done ,this is inportent,Why Insted of masood we can catch the Director who collected money from us and sue him for the frad,and try to grab his propertys,he too may be having lots of property and he only collected money from us and signed in the cheques,so pl,think in this Direction,we will give sleeples nights for the Directors,Just like we have,wether it is passible.

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I just spoke to Mr. Mauraya and he stated that they are moving to High Court against the judgement of 13th Nov and are just waiting for the certified copy of the judgement.



He also stated that another case filed by one of the investor (advocate) is alos pending in the High Court and scheduled for hearing on 18th Nov. This case relates to the MEETING NOT PROPERLY CONDUCTED IN MUMBAI BY THE CITY GROUP.



To my querr as to why you keep on shifting the dates for opening the offices, he replied that if we open the offices, City staff is likely to be harassed and that is why they are waiting for the review petition likely to be filed in the High Court against the 13th Nov. judgemebt. He is optimistic once the petition is admitted in the high court it would hardlt take a maximum of a week’s time and hence he has has given 30th as the date for opening the offices.

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mauriya making fool to all of us, if masood come in front of all investor & tell he is going to return money, i am sure we all investor required our mony we are not intersted to go courts...

if he tells us all investors can take back there complaints... but masood ensured to all investor.... he lost the faith of investor

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i am a investor from delhi and instrested to file a case against the co. iw be great help that the people who has filed a case can send me a copy of the case. instead of wasting time........this is the right move

How the whole concept of Game playing started on 04/8/2009 Supreme

Court gave its verdict on special leave petition filed by State of Maharashtra in Here 

I am writing Judgement some lines which was the main reason for bringing all the arrangement of scheme and other Drama.

Special Leave Petition (Criminal) No. 3176 of 2008]

STATE OF MAHARASHTRA … APPELLANT

Versus

SAYED MOHAMMED MASOOD & ANR. … RESPONDENTS

Supreme Courts Verdict para 15 Lines:

We have, however, no doubt in our mind that the Investigating Officer shall conduct the investigation fairly and impartially and shall allow the company to carry on its business without any hindrance whatsoever.

If any books of account or other documents are required, the Investigating Officer subject to just exceptions may take the xerox copies thereof duly certified by the accused as also an undertaking

that, as and when called upon, they would produce the said books of account in a court of law. Subject to the aforementioned directions, the Investigating Officer shall carry out the investigation in accordance with law.

Order Dated : August 4, 2009

When ever Company was contacted by EOW Mumbai , Addl Commissioner of

Police Sanjay Saxena or by its subordinate officers Some documents Masood & Company Directors  started giving Dodging to EOW. Till now documents shout by EOW are not provided to EOW Mumbai in this matter.

Now Question is that When on 03/8/2009 they have already signed arrangement of scheme with investors than why they took investment up to 20th Aug 2009. This is all cocked storey. They are speaking baseless false on face itself to avoid the attention of the 2007 case verdict in which they have to give documents to EOW Mumbai. The Bloody Directors of Company signed this arrangement of scheme in backdate name means 03/8/2009. originally this arrangement of scheme was signed on 21 aug 2009 So all these people were knowing all this if it was signed on 03/8/2009 . Why they have not infomed Regional offices where Regional Directors were sitting . So as per my view all Specially Managing Director Syed Mohammed Masood, Managing Director Geeta Umar Razzaki, Director Seema,> Umar Razzaki, Director Farhan Ahmed Khan, Director Shehla Khan, Director > Naeem Munawar Sayed, Director Amber Razzaki, Director Rajesh Choudary, > Director Santosh Dayalkar, Director Manoj Vighe, Director Rajiv Lamba, Sales > Manager Akram Khan, Marketing Manager Vivek Patil, Marketing Manager Anil , > D’Mello, Marketing Manager Chirag Doshi and Mr. Kesar Baig (CA)

Marketing managers and CA Kesar Baig all are equally participle in the meeting. They all were knowing this things very well in time. Chartered Accountant Knows everything about the all course of actions. He can not deny that.

Now for all your Information Company filed case in Mumbai High Court First application was filed on 21/8/2009 and their last application filed by advocate maurya on behalf of Ms Bhosele before Mumbai High court ,Company petitions was on 9/10/2009 By Advocate Maurya Though he was not appointed Chairman for meeting than also he filed proof of Service that Notice have been sent to all investors in India. Though till now also we have not got it.

All below given Six Petition have been disposed absolutely after last application 09/10/2009 They have not filed any petition. they have not filed any report of meeting also till now.

MUMBAI HIGH COURT CASES:

All the cases filed by city Group in Mumbai were Six in quantity and all the case has been disposed by Mumbai High court. So at present no application of company is pending in High court in company original jurisdiction.

1. City limouzines (I) Ltd

              Filed on:21/8/2009                    Registration

Date: 08/9/2009

              Disposed on 09/9/2009  Disposal: Absolute

               CA/933/2009

2. City limouzines (I) Ltd

              Filed on:08/9/2009

                Disposed on 23/9/2009  Disposal: Absolute

              CAL/940/2009,                       CA/931/2009

3.City limouzines (I) Ltd

              Filed on:09/10/2009

                Disposed on 12/10/2009  Disposal: Absolute

           CAL/1082/2009,         CA/1109/2009

4. City Real Com Ltd

              Filed on:21/8/2009

                Disposed on 09/09/2009  Disposal: Absolute

           CAL/871/2009,         CA/932/2009Filed U/s 391 to 394

Company law

5.City Real Com Ltd

              Filed on:08/9/2009

                Disposed on 23/09/2009  Disposal: Absolute

           CAL/939/2009,         CA/930/2009  Filed U/s 391 to 394

Company law

6. City Real Com Ltd

   Filed on:09/10/2009

   Disposed on 12/10/2009  Disposal: Absolute

   CAL/1081/2009,         CA/1108/2009

   Filed U/s 391 to 394 Company law

Criminal Writ petition Filed by company Pending

1.Criminal Writ petition 2406/2009 File on 8/9/09

City limouzies Vs State of Maharshtra Next HG 19/12/09

2. Criminal Writ petition 2513/2009 File on 17/9/09

City Real com  Vs State of Maharshtra last  HG 03/11/09

 There are cases filed by Kirti Bhai in Bombay High court also

High Court Andhra Pradesh 

WPMP No. 27760 of 2009

in WP No.21362 of 2009 

In this Writ petition There is Interim Stay. So Andhra Pradesh Investors file Implead petition and Stay vacate Petition in High Court

 CHENNAI HIGH COURT CASES

Crl.O.P.:21415/2009, Anticipatory Bail Petition, Geeta Umer Razaki

Crl.O.P.:21415/2009 Anticipatory Bail Petition, Syed Mohammed Masood

In these two bail petitions we filed intervening petition and that was

allowed by high court and after argument they withdrawn their

petition. On 02 Nov 2009.

Crl.O.P.:22967/2009, Bail Petition of Branch manager . In this

petition our Intervene petition accepted by court ordered . We argued

the matter more than 1  hr. Lastely conditional bail was granted 

W.P No.20711/2009 on which stay order

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Change is the law of life. City Limouzine was a company which gave returns on time in past. Now if this co. is not able to pay the members/shareholders due to some reasons.This has amounted

to a eco-political home terror attack. Here people will die slow death since company has failed to pay their investors on time. Many retired people have invested their life earnings in this company many age old people are investors.

Now the question is who is suppossed to safe-guard the interest of the investors. Or should the investors die agonising death.

Following are the questions that are worrying me night and day.

In whoes reign ( Govt. ) thiscompany started ? Who gave them them commencement certificate and who gave them ISO?

Why these people used " Recognized by ministry of tourism " ?

Why Mumbai HC gave clean chit earlier to the co. in Pansare’s case?

Who qualified them to become sponsors for Indian women hockey team which represents India ?

Why Times Of India is now criticising when this very news paper was giving advertisement of this company?

Is Times of India trying to tell people that money is lost for ever ?

What does this headlines means "Masood faces arrest" ?

Are we getting true support from media? Or is media trustworthy? 

What about the enforement Directorates action on the company regarding diamond case?

If Co. is defaulter in FERA then Why Govt. has delayed in taking action?

Is it not the Govt. role to Safe guard life property and interest of the citizens?

Are we going to become victims of scam?

If Co. knew about its financial problem than why it attracted investors by offering heavy discounts ?

Suddenly how IT dept. woke up?  

If we think seriously we will come to know exactly how we are getting exploited and victimised with proper planning. People behind the scene must not forget the power of citizen. Todays citizen is not a fool he will discover the truth. Once again I say Change is law of life and it is inevitable and it will be brought by enlightenment of the truth. Let the exploiters grow richer but they will have to pay the penalty sooner or later.

I pray for the families who are victim of entire "MILIZULI SYSTEM" and who are dying economicaly. 

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People who not aware please use this.

 We need to show our MASS, To do a mass  petition, which i also floated in various forum . it is available in google group.com also

under http://www.gopetition.com/online/31856.html

pl open this link and append ur signature. if it is signed en mass it  will knock the doors of supreme court before massod makes any move. it requires no money no file charges. 

So far 220 members signed. I know its one 1% over,  we need to show our strength, so kindly pass this infomation as u know people who invested.

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Mumbai: The city police have launched a hunt for City Limouzines chairman S M Masood after the sessions court rejected his anticipatory bail on Friday. 

More than 200 investors had gathered at the court from the morning to hear the verdict. Sessions judge N D Dhote pushed it back twice, and finally pronounced a one-line order saying Masoods anticipatory bail was rejected. There are three FIRs against him in Mumbai. 

City Limouzines and its sister concern City Realcom have been accused of defaulting on interest payments to thousands of investors nationwide. Weve been trying to locate Masood. We checked several places where he might be hiding, a senior police officer said. 

Masoods lawyers had argued that it was a civil dispute, but the police contended that it was a case of cheating and said several investors had been duped by the company. 

The court order is a major setback for Masood, who has been filing numerous petitions in several courts for relief. He has filed six transfer petitions in the Supreme Court, for which the apex court has asked the state to file its reply. 

The police have also initiated a separate investigation into group company City Realcoms agreement with some landowners where a plot of the land was shown to investors as belonging to them. 

City Realcom had floated a scheme promising investors 20 square feet of land at the end of the maturity period. The investigations are at a preliminary stage, and we are still in the process of verifying the documents, a police officer said. 

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The sessions court on Friday rejected the anticipatory bail plea of City Limouzines chairman S M Masood, paving way for his arrest. 

City Limouzines had collected money from the public saying it would be used to buy vehicles in the name of the investors, that would be rented out. Assuring returns as high as 48 per cent, the company had promised to hand over the vehicles to the investors at the end of five years. After the scheme was found to be bogus, investors filed police complaints against the company and its chairman Masood. Last month, Masood moved the sessions court seeking anticipatory bail on grounds that the dispute was civil in nature, and that he would co-operate with the investigation. 

Representing the investors, advocate Roopesh Jaiswal argued that in such a ‘large-scale scandal of around Rs 400 crores’, Masood’s arrest was essential for the police to know where the investors’ money has gone. Jaiswal also pointed out that Masood, despite giving an undertaking in the court that he would remain present, has repeatedly failed to do so – which is enough for the court to deny anticipatory bail. 

Finding no merit in Masood’s plea, the sessions court rejected his plea. Last week, the Bombay HC had pulled up the police for not taking due action or arresting Masood.

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Investors seek return of capital and income 226 Signatures 

Published by ganeshvenkatachalam on Nov 03, 2009 

Category: Consumer Affairs 

Region: India 

Target: supreme court of india 

Web site: http://consumercomplaints.in/ 

Background (Preamble): 

WE investors of M/s. city limousines, city real com group of companies denied our return on investment for the past three months. the com has collected several corers of rupees from hundred thousand of investors from all walks of life. the com on the cover of economic melt down/ harassment by govt agencies went underground and not coming with define repayment programs. 

NOT KNOWING THE INTENTIONS OF THE COMPANY WE POOR INVESTORS ARE HARD PRESSED AND OUR DAILY LIFE HAS BECOME MISERABLE. WE WANT PEACEFUL NEGOTIATION WITH THE COM. TO END OUR HURDLE QUCLY. PL HELP 

Petition: 

Honorable Chief JUSTICE OF India 

Sir, it is with great respect to the Judiciary of India, I submit this appeal of ours on behalf of thousands of poor investors of M/S. CITY LIMOUSINES; CITY REAL COM GROUP OF COMPANIES, who are deprived of their monthly income from from the huge deposits collected by the company. The company stopped the return of income suddenly from AUG-09, stating organization/ regrouping/ inquiry by Govt.Authorities like FEMA/E.O.W/. 

Various cases field in Bombay H.c are moving in snail’s space. 

1. The company as per summons for Directions by Hon. company Judge has called for a creditors meet on 14th Oct-09, which was not properly organized and ended in a chaos; 

2. Though it seems the intention of the company is not to run away, their lukewarm approach, and not informing the investors the factual position made the thousands of investor’s life miserable. Sorrowing tales of such customers are pouring in in so many web sites. 

3. In view of the above i appeal MY LORD, to issue direction to to the Company to have a ONE TO ONE MEETING WITH A CHOSEN 25 REPRESENTATIVES OF THE INVESTORS ACCORDING TO VARIOUS PREVALE

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we should wait till 20 nov, as Mr.Masood given his word to Mr.Khan to open office from 20 nov with police protection.... 

he should honor his word with Mr.Khan... till time we have to wait after that we can go for futher .. if we will lodges lots of complaints then Mr.Masood will be bussy to solve them, so we shuold wait till 20 nov, if he not honored his word with mr.khan as well as DNA , we will go ahead.. 

till time pl. wait only for next weak, when we waited almost three month then we can wait for next weak. 

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A month after City Limouzines

chairman S M Masood moved the sessions court seeking anticipatory bail, on Saturday, the court heard the arguments and reserved its order for November 13.

The defence argued that anticipatory bail has to be granted as it is a civil dispute and they failed to pay because their accounts had been frozen and operations stopped by the police and other authorities.

The prosecution argued that if that were the case, then the banks would have made a remark while dishonouring the cheques. The remarks for not honouring the cheques were "insufficient funds and stop payment’’. This shows that the company has no money in its accounts and funds have been diverted for which investigation has to be carried out. Masood’s custody is hence required, the prosecution said.

Advocate Bhavesh Parmar, who had intervened on behalf of the investors, urged that the arguments should be only on the issue of anticipatory bail. When an anticipatory bail application is moved in the court, the arguments should not encroach on the topic of whether an offence of cheating has been made out. He added that Masood, despite giving an undertaking in the court that he would be present, has failed to do so. This is enough for the court to deny anticipatory bail, he said.

Meanwhile, the company has moved the Supreme Court seeking relief. "We have not received a copy of his petition. The state has been asked to file its reply in four weeks. We will be able to comment only when we get the copy of the petition,’’ a police officer said.

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As per mr.syed masood,advocate mr.veerendra maurya itseems mr.syed masood keeps up his words expressed on 3rd september and 5th october to set-right things by november 2009.

mr.syed masood has decided to open the offices by 20th november without fail with police protection for smooth functioning to refund the hard earned money of investors like rtd.defence officers who served to safe gaurd the country,rtd.central and state government staff ,small b’ssman,widows,NRI’s etc.i have explained the sufferings of different type of investors and requested not to boher them any more like 5th september and then 15th september to hold the cheques and later 14th october meeting,i have informed that 90% of investors likes mr.masood chairman city groups who has run the city groups for the last 15 years and expect the same from him in the future also as per the phone talks of hundreds of investors daily with me.it is learnt from the talk that mr.syed masood is very much in favour of runing the schemes

KALEEMULLA KHAN CONVINER ALL INDIA CITY GROUPS INVESTORS FORUM-9886158389

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Dear all first of all thanks to Mr.K.khan who framed all over India Association , I am representing from Hyderabad, I would like to share the fact that There is a 14000 Investors deposited nearly 100 crores in Hyderabad office since 2006. And now they wind up from August 2010. Now this is the time to Frame Association Against Mr.Masood and Company to get our money Back. Today morning I spoke to VN Associates he is again telling that they are trying to open all their offices latest by 20/11/2009, even they are trying to start before the mentioned date. Hope everyone waiting for the November 3rd , after 5th ,10th and now 20th of this month. Now we need to give last and final chance to them above date. And before that I am request to all Hyderabad investors please form the following group of people by the investors or recommended by investors who can fight against the situation with our support 1) ACP level ranker from police department one person 2) Popular News chaneel One person 3) Member of Parliament or Legislative Assembly one person 4) senior Criminal lawer one person. Please look for above people and mail info@hotelsilverpark.com or call me at 9246113335 me their details if they are ready to help poor investors. And I request to all the city’s like Mumbai,pune,Chennai,Bangalore,delhi,Jaip 
ur with the same pattern one person should have all the above 4 people and we should ready with them latest by 15/11/2009 after this date we need to start fight against company seriously. 
“we are strong when united” , 

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i need to tell u that 05/11/2009 case had been postponed to 07/11/2009 because the judge was not come to the court as per advocate muriya 09892200888 at the same time he told me that 18/11/2009 only we know the clear picture obout citi group and i called to kesar beig he told me from next week onwards office will be open and i had called to brejay one of the invester from mumbai she told me every thing will be allright from 07/11/2009 and mr masood is in delhi applying for the bail once he get the bail he wl open the office with police protection what is happening did masood hired the judge? any how we hope for the best let all the city investor join hands together pl update ur massage from all the citys than only we know whats going on

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I,thank all the investors of India for selecting me as the conviner of all india city groups investors forum Through their mails and S.M.S and i here by agree to work as conviner in the hard conditions

presenting,I fervently hope that syed masood chairman city groups will certainly keep up his words as per his phone conversation with me on 21st august and 3rd september 2009 and interview to the D.N.A newspaper on 5th october that he will set-right the things by nov 15th.And i here by nominate mr.M.SRao G.M hotel silver park,ameerpet,hydrabad...mob:9246113335 as coviner of all india city groups forum for andra state and mr.Guruprasad bangaluru for karnataka state,conviners for chennai,maharashtra,delhi and luckhnow were the offices were functioning will be announced very shortly....
Mr.Nayar Razaqi Rtd.vice air marshal reginol director in city groups(resignation invalid), mrs.nigar razaqi reginol director ,mrs.geetha razaqi managing director, mr.ummer razaqi director ,mrs.shayala razaqi director, mrs.seema razaqi director ,and mr.rajiv lamba executive director are equally responsible in the fraudulent acts in the city groups along with syed masood chairman city groups....
As i have investigated the city groups are not under any financial crunch on 3rd aug the board of directors mentioned above in a meeting have stated due to financial crunch the schemes cannot be continued and formulated a scheme of arrangements to refund the principle amounts with 7%intrest in 12 equal instalments but in the same month upto 19 of aug the bookings were going on with dicounts,insentives etc.can this happen when the company takes the deccision on 3rd aug to refund the principle amount due to financial crunch.the booking continues under different schemes only when the company is healthy and sounds financially.There are false rumours that mr.syed masood has run away from the country to u.s.a with 350crores,when the city group company has more than 12thousand crores distributed among the chairman and above mentioned directors to safe gaurd the hard earned money of retd.officers of air force&other defence depts of the country due to the influence of india’s retd.air vice marshel mr.nayar iqbal razaqi,retd.central and state govt employees saved money,small buisnessmen,widow’s&other who have even gone to the extent of pledginng there gold ornaments,mortgage loan on their living houses&many have taken diffrent loans on the monthly e.m.i basis&have become defaulters for the past 3months.I would like to inform all the investors of city groups that mr.syed masood and the above mentioned directors troop are very much in the country.
KALLEMULLA KHAN-CONVINER ALL INDIA CITY GROUPS INVESTORS FORUM
9886158389,0821-2498477

Court raps police for inaction in Limo case

Mumbai: The Bombay high court came down heavily on the police on Tuesday, questioning why they were not taking any action against City Limouzines and its sister concern, City Realcom, for allegedly duping thousands of investors.
The HC was hearing a petition filed by the City Group, urging the court to issue directions that the EOW probe all the cases against it. The EOW has registered a case of cheating against the firms, while Cuffe Parade and Amboli police have registered two FIRs against them.
When the public prosecutor said the company was not cooperating in the probe, Justice J N Patel asked why the officials were not arrested for not helping in the probe. According to the EOW, the company has been refusing to give provide the documents required in the probe.
Justice Patel said the police should not at least come to his court, saying the accused was not cooperating. He also asked why the accused was not arrested if he did not have a legal protection.==================================

Frauds harvest Mumbai city con fields

Hunt Is On For Mumbai’s Latest Scamster Who Duped Investors To The Tune Of Rs 40 Cr

Mumbai: A Red Corner Notice has been issued against a white-collar criminal who along with his wife and four others duped over 3,000 gullible investors to the tune of over Rs 40 crore by offering them unbelievable returns. The notice seeks the arrest of the accused, Sandeep Kandalkar, who is believed to have left the country. Kandalkar, along with his wife Lina and four others, floated a scheme that promised investors over 100% returns and an Indigo car at the end of five years. Lina is still at large. One of the other accused Shantaram Naik was an employee of MTNL.
According to the Economic Offences Wing (EOW) of the city police, the fraudsters had distributed around Rs 13.5 lakh to the investors. The police have seized Rs 50 lakh, and attached several of their properties across the city. In his complaint, one of the investors, businessman Kailash Gonge, said he was lured into the scheme by a Sunil Mhatre who introduced him to Naik. The latter boasted about his clout and claimed to be a partner in four companies along with Kandalkar.
On an investment of Rs 1.6 lakh, they offered him a maximum return of Rs 25,000 every month for five years. On completion of one year of the investment, Gonge was promised that an Indigo car would be purchased in his name. He was told that the vehicle would be handed over to him at the end of five years.
Gonge and his wife invested Rs 6 lakh and spread the word. In fact, acting on his advice, Gonge’s friends invested a total of Rs 54 lakh. For a few months, Gonge got his returns, but later the cheques began to bounce. The conmen initially covered their tracks and told Gonge that their funds, which were they were expecting, had “got stuck”. One fine day, their offices were shut and investors were left in the lurch.
There have been numerous instances in the past where fly-by-night operators have been luring the public to invest in such schemes. “Despite exhorting people to refrain from investing in such companies, they continue to flourish,” a police officer said. People do not realise that a business module offering such huge returns are not viable. “For instance, if a company offers a 50% interest as returns on investments, it should be earning 300%
to offer such gains in the first place.
People should use
their common sense before falling prey to such schemes,” said the police officer said.
The investors that prey on Mumbaikars include both the rich and the poor, and it’s sheer greed that lures the public into such schemes. “If my earning is meagre and if these companies are offering me fantastic returns, I will certainly be interested. This is to ensure my family’s future,” said one investor. White-collar crime is the crime of the future, says joint commissioner of police, Rakesh Maria. “When we learn of such cases, we verify them and take action,” he said.
In April 2009, the state had enacted the Maharashtra Protection of Interests of Depositors (in financial establishments) Act, when a plethora of plantation companies vanished after collecting money from public. The Bombay High Court, in September 2005, struck down the Act after several companies challenged the legislative competence of the state to enact it. One of the Act’s salient features was that the properties could be auctioned off and the proceeds used to return the investments. The state has now approached the Supreme Court in an appeal and the matter is still pending. After the high court struck down the act in September 5 2005, all cheating cases went into a limbo as the HC had ordered a stay on the trial.
The RBI has also expressed its helplessness saying that these companies do not fall under the category of Non-banking Financial Companies, which they are empowered to regulate. The money collected by such companies cannot be termed as a deposit, thereby preventing the RBI from intervening and taking action.
BIG BUCKS
According to EOW officials, the amount involved in cheating cases registered with them, including banking frauds and property cases, is estimated at nearly Rs 400 crore for the 10 month period beginning January 2009

CONNED IN MUMBAI

An easy ride
In 2007, Aim Limouzines floated a car-rental investment scheme, where investors were asked to invest anywhere between Rs 85,000 and Rs 3.2 lakh. They were told the money would be used to buy cars, which would be transferred in their names after a few years. During this period, the company promised monthly returns of Rs 6,000-12,000. Over 2,000 people across India invested in the company, which allegedly stopped payments to many of them. The Economic Offences Wing, Mumbai, has frozen 11 bank accounts, and the Hyderabad police recently arrested a company official
The Gandhi connection
Ejaz Ahmed Khan (29) conned eight people in Mumbra of Rs 40 lakh by claiming acquaintance to no less a person than the Father of the Nation, Mahatma Gandhi. Khan, now on bail, morphed a photograph showing Gandhi resting his hands on his shoulders before attending a meeting with a British general in 1945. The copies of this photograph were widely circulated in Mumbra and eight people fell prey to this smoothtalking conman. They lent him the money to set up a computer business
From Rs 3,000 to Rs 3L
In Thane, Shivaji Kamble, who ran a vada-paav stall, made off with Rs 18crores that he was able to collect from over 32,000 people after promising them high returns. Kamble, who floated Maharashtra Marketing Golden Holidays, promised investors Rs 3 lakh at the end of one year on an investment of Rs 3,000. The matter is pending in the court
Double or nothing
Powai-based Kaustubh Choksi (31) and his six accomplices offered 1,100 investors a chance to double their investments in just 20 days. Choksi collected Rs 3.14 crore in a short period. He claimed to have used the money to revive his company, which had been hit by the economic downturn. The accused are currently in judicial custody
Two-hour investment
A 30-year-old college lecturer from Thane, Arvind Ojha, conned people by offering them returns of Rs 45,000 in 2 to 3 hours. He asked the public to register online after paying a nominal amount of Rs 500. Each member was provided a business kit and asked to enrol at least five others. The returns they got, he told them, would depend on the number of people they managed to rope in. Ojha is currently out on bail

Duped by elaborate schemes

Mumbai: More than a thousand investors were left in the lurch when Powai-based conman 31-year-old Kaustubh Choksi and his six accomplices made off with Rs 3.14 crore. On September 24, Choksi and his partners offered investors a chance to double their money in just 20 days. As investors hoping to make a quick buck lined up, the accused allegedly took their money and in return, gave them a computergenerated invoice as well as post-dated cheques from an account with a reliable government-owned bank, which they had opened recently.
“They did not advertise but relied on word of mouth through agents and vendors,” said one of the duped investors, a retiree, who did not wish to be named. He said the scheme relied on a “chain system” where agents were hired to attract investors for which they would get a commission ranging from 10 to 40 per cent for every person they were able to dupe. An agent from Navi Mumbai said, “All the 1,100 investors put in a minimum amount of Rs 1 lakh. Many invested more money, and were told that their returns could be as high as Rs 10 crore.”
The scheme was so well thought out that investors who had arrived in Mumbai from other parts of the country were put up in five-star hotels and provided with free transport, said the agent. The scam came to light on September 29, when cheques began to bounce. On investigating, the police found that the bank account from which the cheques had been issued had only Rs 50,000. After following the paper trail, they traced Rs 2.5 crore, which was parked with a private bank. The account has been frozen, said an investigating officer. The seven accused are currently in judicial custody.

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Man takes investors for a ride, held

Mumbai: Manoj Kumar Mohan Sarvade (40), the main accused who had opened fictitious companies and floated a dubious money doubling scheme, duping investors to the tune of Rs 14 crore, was arrested by the city crime branch on Monday. He was picked up from his relative’s house in Dahanu late on Sunday.
Last month, the police had arrested his accomplices—Mohan Kadam and Devesh Tulaskar—and seized several documents, Rs 23,500 in cash, gold ornaments and ATM cards.
Sarvade, who used to work for an insurance company, started Jupiter International Trading Company after Kadam and Tulaskar persuaded him start the business.
The trio started a website—jitc.com—in Sarvade’s name and address and asked depositors to transfer money online.
“The scheme promised to double the money in just one month,’’ said inspector Dinesh Kadam.
A complaint was filed by a newspaper dealer and resident of Byculla, Jayram Shelke, who said he had deposited Rs 1 lakh in Jupiter International’s office at Lower Parel.
The accused initially paid some of the investors to gain
confidence in the market and as the word spread, more investors deposited large amounts, said Kadam. The minimum deposit for the double-your-money scheme was Rs 5,000.
After a month, when Shelke’s scheme matured, he was shocked to find the company’s office shut and the officebearers untraceable. When Shelke started probing, he came across a few others who were also enquiring about the company. The police said that the investors were from all walks of life from places like Nashik, Pune, Orissa, Jharkhand and Uttar Pradesh.
“When the investors learnt about the arrest of the accused, they approached us with fresh complaints. So far, we have got 8,640 complaints and the amount of fraud has reached Rs 14 crore. We have been able to seize property worth Rs 4 crore,’’ said Rakesh Maria, joint commissioner of police (crime).
Investigations revealed that the accused were previously arrested in 2004 by the Nashik and Pune police for floating a similar scheme. They were also arrested by the Borivli police in chequebouncing cases.

Its all lies. This is just another way of buying more time. Senior Inspector Wadankar of Mumbai EOW told me on the 28th of Oct, that Masood has left Mumbai and is holed up at the house of some Union Minister in Delhi. The offices will open with police protection but nothing will get done. It will only calm investors down, so they don’t file FIR’s etc which make it easier of masood to get away. We are simply falling victims to each and every strategy of Masood since August 12th. He has played his cards very well. Investors need to wake up and take action. Masood is NOT speaking to anyone. Not even the big investors. So if anyone says, they have spoken to Masood, its all false. Masood has disregarded court orders like he owns the court of law. This should be a signal for all investors to wake up!

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WE investors of M/s. city limousines, city real com group of companies denied our return on investment for the past three months. the com has collected several corers of rupees from hundred thousand of investors from all walks of life. the com on the cover of economic melt down/ harassment by govt agencies went underground and not coming with define repayment programs.

NOT KNOWING THE INTENTIONS OF THE COMPANY WE POOR INVESTORS ARE HARD PRESSED AND OUR DAILY LIFE HAS BECOME MISERABLE. WE WANT PEACEFUL NEGOTIATION WITH THE COM. TO END OUR HURDLE QUCLY. PL HELP
Petition:
Honorable Chief JUSTICE OF India

Sir, it is with great respect to the Judiciary of India, I submit this appeal of ours on behalf of thousands of poor investors of M/S. CITY LIMOUSINES; CITY REAL COM GROUP OF COMPANIES, who are deprived of their monthly income from from the huge deposits collected by the company. The company stopped the return of income suddenly from AUG-09, stating organization/ regrouping/ inquiry by Govt.Authorities like FEMA/E.O.W/.

Various cases field in Bombay H.c are moving in snail’s space.

1. The company as per summons for Directions by Hon. company Judge has called for a creditors meet on 14th Oct-09, which was not properly organized and ended in a chaos;

2. Though it seems the intention of the company is not to run away, their lukewarm approach, and not informing the investors the factual position made the thousands of investor’s life miserable. Sorrowing tales of such customers are pouring in in so many web sites.

3. In view of the above i appeal MY LORD, to issue direction to to the Company to have a ONE TO ONE MEETING WITH A CHOSEN 25 REPRESENTATIVES OF THE INVESTORS ACCORDING TO VARIOUS PREVALENT SCHEMES OF THE COMPANY.

4. If the intention of the company is good and it really respects the feeling of the investors let them openly come out with an announcement in their website.

5. We investors feel in the ONE TO ONE MEET IF CONDUCTED WILL SOLVE THE PROBLEM.

SEEKING JUSTICE ON BEHALF OF INVESTORS.
Sign the petition

The Investors seek return of capital and income petition to supreme court of india was written by ganeshvenkatachalam and is hosted free of charge at Go Petition.

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Just now spoke to City’s main advocate Virendra Maurya @ 09892200888.
He confirmed that everything would be fine once the court gives order to open offices with police protection.
He told that obviously by 1st week of November they would be able to open offices across India. Once the offices get opened, work would start and you can start expecting your payment by Jan 2010.
Asking whether the company has money or not, he told company has enough money to pay...if not, they would have declared themselves bankrupt long back.

Asking, if the company opens, whether balance principle would be given back with 7% interest or company is going to start new schemes also...he told..that has to be decided by the company whether to start the new scheme or not but only after the offices open..
He also told that because of the impatience of investors only for filing FIRs, things are getting more delayed and complicated.
So, please wait till the court gives them permission to open offices with police protection.
Asking why Mr.Masood is not opening mouth, he told that until all the things get cleared, company wont open mouth every now and then.

So guys, wait few more days....let the offices open, things would be fine.

Regards

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u r absolutely correct.

On Nov 3rd, City would appeal in Mumbai High Court for police protection for opening offices.
Once the permission is granted, they wd open offices everywhere with police protection.
I know that all of us are sad, depressed and loosing hope day by day.
But only Mr.Masood and his company must be knowing what technical problems they are facing to speak openly...or fulfill commitment.
Its also confirmed today that CCS in Hyderabad has stopped investigation against City as per Hyderabad High Court order.
So something good is definitely happening.
Today came to know from rajdr comments they have gone to Chennai high court also.
At least City people are moving their bodies and doing something positive instead of sitting idle.
Lets hope for the best guys.
Regards

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Limo chief faces arrest as court withdraws relief

29th oct 2009

Mumbai: The sessions court on Wednesday withdrew the relief granted to City Limouzines chairman S M Masood from being arrested, paving the way for the police to put him behind the bars.
The investors, who were duped in the investment scheme, converged on the court in huge numbers, and demanded that the police should act tough with Masood, who cheated them by collecting huge amounts of money and offering interests as high as 48%. Till now, many of them have not received the amount back.
Since October 3, investors have been visiting the court on every date that the hearing for Masood’s anticipatory bail application (ABA) would come up. The trial went on for nearly a month without any arguments on the merits of Masood’s contention. On every occasion, the judge adjourned the matter to another day after Masood’s advocate would give an undertaking that he would be present on the next date.
After his lawyer promised that Masood would attend court on Wednesday, judge N D Dhote had given an ultimatum that the arguments would start on that day. However, the case again got postponed to November 5. The public prosecutor has now told the court that the anticipatory bail application was not maintainable anymore, considering Masood’s conduct. On October 15, Masood’s counsel had said he had gone to Delhi, trying for legal remedies in the Supreme Court.
“In spite of him cheating us of so much of money, the authorities have not taken any tangible action against Masood. I have written off my investments, but at least, I want Masood to be punished. Every official we approach passes on the buck to the other. Even after this scam came to the fore, we still come across advertisements of several companies offering such fantastic investment returns but the authorities have not cracked down on them. We plan to take out a huge rally to highlight our plight,’’ said Manohar Lohia, who along with his family, invested lakhs of rupees in the scheme.
There are three separate cases registered against City Limouzines and its sister concern City Realcom with the economic offences wing of the city police, Cuffe Parade and Amboli police stations. The investors are also in the process of lodging fresh complaints with other police stations.
Meanwhile, the police denied that they were going slow on the case. “The SC, while restoring the FIR, had imposed certain restrictions, such as not hampering their business. We have to act according to the law,’’ a police officer said.

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Dear Investers of Citi Limouzines we should fight for our hard earned money, don’t give up we all should write a letter to the Central Government i.e to the PM. First of all why the government allowed such frauds to grow in our Country. We as Indians hard working citizens compare to any country. All the people who are invested in this company are middle class people that is why these frauds are taking for granted that we will keep quite. In India specially only middle class people will suffer till the end. In this case if our Government support the investors surely we will get our money back. Many government officials may be involved in this case i think Citi Limouzines are taking care of these government officials so nobody is taking seriously. I feel we should not keep quite in this. Mr. Masoodi don’t cheat further return our hard earn money, many senior citizens are put their retired money, penson money their last 15 - 20 yrs small savings money how can we explain to you about our money what we have invested with you. How much we were supporting you till last week now we lost respect on you, if you are a human you return our principal money that is enough for us.

Our curses will not live you and your family Mr. Masoodi.

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His name is Masood, and what you talking about the case that has already been in process and you should know abt our indian government’s legal systems it will take time baby to resolve, everybody is in panic like you and nobody wants loose their hard earned money at any cost, we all of us making alarm to conduct meetings at different different places and you will see the result in near future, hopefully company will open their offices from the first week of November onward as I heard from one of our trustworthy investor, any way lets hope for the best and pray to almighty god for the quick recovery of our hard earned money.

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very correct. in india only the middle class men being midle class at their entire life. rich only become richer.This beggar’s government begging money frm peoples like masood, and support to their fraud. they never feel about the suffer of investers. is like this happen in any other country? more n more masoods come in future n sucking the blood of poor midle clas men until this idiotic government, democracy, law system being alive. THIS GOVT NEVER READY TO HELP INVESTERS. ’’ LONG LIVE INDIA’’ BE PROUD TO OF AN INDIAN.

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really hats off to this review writer. if you are a family friend of some vvip you can escape from the case and run out of this country to the native country after taking money invested in this country very safely. if we are not so, we have to suffer under the hands of each and every fraud person. that is our fate.

================

I am one among you who has lost almost 6 Lacs in the company. Do you all think that we are going to get our money back. The company is planning for a bankrupcy very soon. The company was

there for 10 years and now we see so many things happening to the company. What happened to all the promises that the company gave at the time of looting out money. Where is Mr. Masood. Why is he hiding, if he has no intentions of cheating then why has he not come out in the media so long. Where is the press and the cops who were acting as if they were helping us in getting our money back. I think now we are all helpless and we are not sure what will happen next. All the meeting and everything are eyewash. They are just buying time to think what to do and when to do. They have a website where they can update everything that they are planning to do. Why no news from them. Its high time, we will bounce all our cheques and file FIR for every cheque bounce and then instead of just waiting doing nothing, lets atleast hope the indian law(which is slowest in nature) gives any positive response for us. Lets all finally pray to god to give us the strenght to fight the evil.

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EOW SEIZED CITY ACCOUNTS

AS PER NEWS IN SUN NEWS CHANNEL EOW TOLD THAT THEY SEIZED 28 BANK ACCOUNTS OF CITY. NEWS ON 26 EVNING. THEY ALSO TOLD MASOOD IS UPSHANDED

A decade back it was GOLDEN FOREST, after that followed MONEY MANTRA, FORTUNE etc. Now it’s the turn of CITY LIMOUZINES to run on the tracks of history. There are huge investors for City Limouzines

who made huge investments. Since Aug 09 all the investors are made to suffer only because of the mastermind games played by the management of City Limouzines.

The steps taken by City limouzines such as Conducting a meeting on 14 Oct 09 and thereafter unable to conduct meeting on 15 Oct 09 due to "notice issued to us u/s 149of Cr........ " is all non-sense. Also, some viewers commented that "the amount will be returned tru cheques and will be despatched to the addresses of the investors" which is also a mere loss again (what I believe).

If at all they have an idea of refunding the amount to the investors, they should do it by opening the branches again at respective places ’coz there are many who are either transfered or changed their addresses.

If the company was suffering losses (as per the balance sheets) since last year, then why did City limouzines accept investements from the citizens from last year, they have taken investments till Jul 09 (’coz i had invested on 27 Jun 09). They should have atleast stopped taking investments once they came to know that the company was running into losses.

If the mgmt of City Limz. thinks that they will be able to pay 7% interest against the investments made by the investors, its a bull shit. Since banks are paying more interest than what City Limz have offered to pay. In my opinion this should not be accepted, since many of the investors took huge amounts of loan on interest (higher than what City Limz is offering now) either from Banks or from other sources and made investments and from the incentives received from City Limz. they (investors) were able to repay and satisfy their needs.

What is the basic idea of an Investor for investing money? "To earn money from money" Should be the answer. Is it correct? If its is so, then the investors are not at fault who are expecting higher returns. Now the investors benefit is not being looked into by City Limz.

Now what happens to the TAG "Official Sponsor for Indian Hockey Federation".
These type of companis should not be given recognition by any of the Indian Govt. Bodies/Agencies.

So, what i assume is that this is a pre-planned elope venture of city limouzines. What they wanted to acheive is acheived (might be) and now pay no-attention to the investors.

Its high time for investors. We just can expect for the best to happen but "It never happens". Investors need to check the movements of the mgmt. of City Limz. If some body can make it happen that all the offices, ventures etc be ciezed by the court until City Limz does justice to its investors, it would be greatful.

Viewers may comment if my idealogy or presumption is wrong.

PONZIS ARE BACK.

I AM INVESTOR WITH TEN COMPANIES LIKE CITY LIMOUZINES FOR MANY YEARS.IN SUCH KIND OF COMPANIES IF U INVEST EARLY AT THE STARTUP ONLY U CAN GET PROFIT.THESE SCHEMES BURST AFTER FIVE SIX YEARS.AFTER U GET NOTHING.NO COMPANY IN INDIA WAS ABLE TO REPAY AFTER BURST.CITY LIMOUZINES HAS FORMED GROUP OF COMPANIES ONLY FOR SHOWOFF.NOT A SINGLE COMPANY WAS HAVING A BUSINESS MODEL.NO CORE BUSINESS.U CAN GET THEIR MOA,AOA FROM MINISITRY OF COMPANY AFFAIRS ONLINE WWW.MCA.GOV.IN MASOOD AND OTHER DIRECTORS ADDRESS CAN BE FOUND OT FROM THIS.ALL COMPANIES WERE FRADULENT.NO COMPANY WAS DECLARING PROFIT EXCEPT CITY LIMOUZINES THAT TOO 60 LAKHS WHEN THEIR TURN OVER WAS AROUND 5000 CRORES..THE TOTAL SCAM IS WORTH 30000 CRORES CONSIDERING 2 LAKH INVESTORS.MASOOD IS STAYING IN MIAMI FLORIDA WITH HIS FAMILY.HE IS TRYING TO GET BAIL SO THAT HE CAN ESCAPE OUT,HE HAS PURCHASED A HOTEL IN LOS ANGELES WORTH RS 1200 CRORES THROUGH CITY TRADING LLC.HE IS HAVING AROUND 700 CR IN SWISS AND AMERICAN ACCOUNTS.ONCE HE ESCAPES NOBODY CAN CATCH HIM.ALL BIG FRAUDSTERS ARE BASED IN USA NOWADAYS.

ONLY WAY WE CAN RECOVER MONEY IS BY HIS ARREST.IF ANY LAWYER IS READING THIS PLZ PUT THIS POINT IN COURT AND PUT HIM BEHIND BAR.MASOOD STAYS IN MAKER TOWER. GEET RAZZAKI STAYS IN BANDRA.IS THIS TWO PERSONS ARE ARRESTED WE WILL BE ABLE TO GET AT LEAST HAF THE MONEY

Multi-crore investment fraud busted

Mateen Hafeez | TNN

Mumbai: The police on Monday arrested two persons for duping about 2,000 investors of Rs 6 crore by promising to double their investments in a span of just a month. The police have written to banks to freeze the duo’s 10 accounts.
The accused — Mohan Yeshwant Kadam (42) and Divesh Tulaskar (48) — have been remanded to police custody till October 25, by a local court. Both are Class-XII dropouts.
The police say they acted on a complaint received from an old paper dealer and Byculla resident Jayram Shelke, who said he had deposited Rs 1 lakh in one Jupiter International Trading Company office located at God’s Gift building, Lower Parel. “There were many people who had come to invest in the scheme. After a week, I learnt that the office had suddenly shut and the office bearers had vanished,” Shelke told the police.
After conducting investigations, the police arrested Kadam and Tulaskar. While Kadam was the proprietor of the firm, Tulaskar acted as its CEO. “We have seized Rs 48.50 lakh from a Worli flat in Adarsh Cooperative Housing Society that the accused had recently purchased,” said crime branch chief Rakesh Maria. He added that an Opel Astra, a Wagon R, four mobile phones, three laptops and several SIM cards were also seized from the accused.
“In 2004, Kadam had floated a company, Dun Hill Security Pvt Ltd, in Satara, Nashik and Pune and duped about 567 investors with the same modus operandi. There are similar cheating cases registered in Nashik, Satara and with the Mumbai economic offences wing against Kadam. A case of cheque bouncing was registered against Tulaskar with the Borivili police in 2006,” said Maria.
The accused also created a website of their company — www.jitc.in — and asked depositors to transfer money online. The minimum deposit for the ‘double-your-money scheme’ was Rs 5,000. Surprisingly, this scheme was started on September 10 and within a month, the accused managed to collect around Rs 6 crore. “We have written to ICICI, HDFC, Apna Sahakar Cooperative Bank and State Bank of India to freeze their accounts.”
According to the police, most of the victims belong to the middle class and hail from Jharkhand, West Bengal, Orissa, Rajasthan and Maharashtra.
After shutting Jupiter International Trading Company, the accused had planned to start another company, Smart Plan Marketing Pvt Ltd, which they had got registered as well. The police have been advising public not fall prey to such schemes. “Unfortunately, people invest in such fly-by-night companies,” said a police officer. ====================================================

Get rich quick’ schemes are thriving, as dubious investment firms continue to run Ponzi schemes with impunity, taking care to ensure that they do not fall under the purview of any regulatory body.
ON 12/10/2009 MONDAY morning a motley crowd gathered outside the city sessions court awaiting the outcome of an anticipatory bail application. The man who sought bail was the promoter of a company that had attracted investments from a multitude across the country by promising fancy returns. The crowd outside the courtroom was anxious to find out what happened next. After the judge granted the promoter a week-long bail — an interim protection — the investors, some of whom had come from distant cities, hired a cab to meet a senior official of the Mumbai police. “We don’t know how to recover our investments... we hope the police does something,” said a lady who was part of the crowd. Driven by police complaints, the media glare and a separate set of allegations related to alleged violation of foreign currency rules, the company will soon hold meetings with investors, some of whom have given up hope.
It’s a re-run of the ‘get rich quick’ schemes floated by dubious investment companies in the 1990s, promising fantastic returns in a short period to gullible investors, only to leave them high and dry later. Amazingly, such schemes still continue to find takers even today. More than 12 years after the Reserve Bank of India (RBI) tightened norms for nonbanking finance companies (NBFCs) in the wake of the scam involving the high-profile CRB Group, many ‘investment firms’ continue to run Ponzi schemes with impunity, taking care to ensure that they do not fall under the purview of any regulatory body. Ponzi schemes, named after American swindler Charles Ponzi, give returns to investors from money taken from other investors.. At some point, the chain snaps when fresh money stops coming in, and the scam is exposed.

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Citylimofraud: EOW seeks help from I-T dept:

mumbai: the economic offence wing (EOW) of the city police has written to the income tax department and serious fraud investigation office SFIO to probe into the accounts of the tainted investment firm city limouzines and its sister concern city realcom. however both I-T and SFIO are yet to coordinate with the EOW, a source said,the companies are currently being investigated by the EOW on charges of cheating after it failed to repay investors their interest since augest. the company had offered 48% returns on the investments, a police officer said the extend of the scam is not clear as the company hasnot submitted the required documents. We expect atleast 1.5 lakh people across the country to have invested,this take the amount involved into crores of rupees. It is also not clear as to what the firm did with the money collected,the officer said. Earlier too, the ITdepartment had initiated a probe after the firms profits declared shot up every year exponentially though the business module was not a viable one. However the probe didnot reach anywhere,sources said. An IT official said there are discrepancies in the functioning of the company in relation to the accounts but refused to elobarate.the SFIO set up under the ministry of corborate affairs,has power to carry out a special audit though it can initiate criminal proceedings,after the investigations it submits a report to centre. in 2007 too, after the first FIR was registered,the police had asked the SFIO to carryout a special audit but it didnt happen. the office of the registrar of cooperative socities has written to the collector,seeking assistance in getting the audit reports of the city co-op credit society. An official said they had sought reports from the society but it refused. several of the investment schemes promoted by the company was routed through the credit society.

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at this moment getting return is expected though it will take 2 to 3 months. we will get our remaining principle amount with 7 pc interest rate. we will be unsecured creditor. class A is one who has balance amount in 60 cheques. class B is one who has recovered 60 months but waiting for the term end preferential share amount redemption. so hope for the outcome by court on 28.10.09.

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City Limo scam: D-day for investors ends in chaos

Mumbai: It was D-day for City Realcom investors, who came from all over the country to the Wilson High School compound near V P Road police station on Wednesday morning. Around 10,000 investors turned up, spilling over into adjoining lanes as well as nearby buildings, causing a massive traffic jam for hours in south Mumbai.
The investors, who had been looking forward to this meeting for over a month, were disappointed. “After three hours of discussion, we’re more confused than before,” an investor said.
The meeting was held following directions of the Bombay high court on an application by the company, which is part of the same group as City Limouzines, to restructure its debts. City Realcom had promised investors unbelievable returns, but cheques began bouncing in August.
At the meeting, the company’s advocate Nirmala Bhosle tried to calm investors and presented a proposal to return their principal along with 7% interest—a fraction of the 48% originally promised. Investors would receive this amount via 12 post-dated cheques three months from now, according to the proposal. Some investors were amenable to this but others, like Zulfiqar Khan from Chennai, insisted that payments already received as interest not be adjusted against the principal. Many investors supported him but the company did not agree.
Another investor suggested the company immediately pay the principal without interest, but the firm vetoed the idea. Some investors demanded a guarantee that the post-dated cheques wouldn’t bounce, to which the firm agreed. The company has to submit a report on the meeting’s outcome to the high court.
Bhosle blamed the Economic Offences Wing of the city police and Enforcement Directorate for the crisis. The two agencies said the company was trying to pass the buck for its own mistakes.
Investors who had been asked to assemble at Wilson Gymkhana, Chowpatty turned up only to be redirected to Wilson School four kilometres away. The venue could not accommodate the attendees.
A leading advocate said, “There should have been a register of investors who attended. Or they should send their representative with a signed proxy form. The minutes of the meeting should be properly recorded,” he said.
Senior inspector of V P Road police station V Patil cancelled the two other meetings planned by the company. saying they were illegal. “This is no way to hold a meeting for an important discussion. The company still hasn’t cleared our doubts,” said investor Sneha Kokate angrily.

Meeting Cancelled
The police have denied the City Group permission to hold a meeting with City Limouzines’ creditors on Thursday, after the poorly planned meeting of sister firm City Realcom’s investors on Wednesday.
As per high court directives, City Realcom was to hold the meeting at Wilson High school. Senior inspector V Patil of V P Road police station told TOI, “They simply dropped a letter in our drop box and expected us to be prepared for 10,000 people.” He added, “This meeting was against the law. We will not allow such a meeting again.” The police said City Realcom waited until the last moment to inform them, causing a major traffic snarl in South Mumbai. Company officials said they would approach the court and seek permission to hold the meeting on another date.

Confusion Over Venue
A month ago, on the directions of the Bombay high court, the City Group decided to hold a meeting at Garware Club in the first week of October. It then shifted the date to October 14 for investors of City Realcom and October 15 for those of City Limouzines. As per the Bombay high court’s directions, the promoters advertised that the City Realcom meeting would be held at Wilson High School. Three days ago the firm’s representatives said it would be at Wilson Gymkhana, Chowpatty. On Wednesday morning when investors gathered at the Gymkhana, they were told the meeting would take place at the school after all. “We’re running from pillar to post. Our plight gets worse day by day,” said M Mukherjee, an investor who had come all the way from Kolkata.

=====================

Am an aggrieved investor from Delhi like many of you. We and thousands of other investors outside of Mumbai are absolutely cut off from any relevant and correct development. This is to request all our

fellow investors in Mumbai who happened to attend the 14th October meeting, to please post as far and as much as possible unbiased details / reports /interaction that they may have had with any person deemed relevant. Although there are a few comments posted post 14th meeting they are conflicting and unclear.Also if during the meeting it was stated that the principal amount will be repayed with 7% interest then how will the same be computed. Did they also mention about the scheme being continued albeit in its modified form? You will do us a lot favour by keeping us updated on a regular basis. Also please let us know whether their offices are open. Also what is the revised schedule for the 15th meeting. Pl check with the local police whether they have been informed about the revised schedule. Am also sure that many of you can also check with their lawyers and personal in the high court.

========================

14th meeting .... nirmala bhosle did asked 1 question .how may of you do support of getting the balance amount from the principle with 7% intrest in 12 instalments ... people did raise there hand in this favour . later she said compay will start working after diwali ... then by jan,,, people will get the balance amount.... to this many of the unsatisfied investors did oppose ..... I want to know what i have missed .. pls correct me

===================

WHERE HAVE ALL OUR DEFENCE PERSONS INVESTORS GONE??

I INVESTED HERE BECAUSE I KNEW THOUSANDS OF DEFENCE GUYS INVESTED IN CITY , AND DEFENCE GUYS WOULD BLOW THEM APART IF COMPANY CHEATED INVESTORS,

BUT SEE THE PLIGHT OF OUR DEFENCE GUYS,COMMANDOS ETC , THEY ARE UNABLE TO SCREW MASOOD FOR EATING OUR MONEY SO EASILY !!!!!!!

GUYS WAKE UP THIS FIGHT IS A CHALLENGE FOR YOU ALL LIKE KARGIL SO PL. GO AHEAD AND TEAR APART THE STOMACH OF THIS DEVIL AND TAKE OUT OUR MONEY .

SHOW YOUR VALOR PLS. AND DONT WEAR THESE BANGLES LIKE LADIES AND PL. STOP JUST WAITING AND WATCHING.

KILA FATEH KARNA HAI BHAION JUST LIKE COMMANDOS DID AT TAJ MUMBAI ,SIMILARLY YOU GUYS ARE BOLD ENOUGH TO GO AHEAD AND *UC* MASOODS HAPPINESS JUST LIKE HE HAS DONE TO ALL INVESTORS!!!!!!!

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This is high time and every single day we come across a new story, now this is the time we must meet or rather must take an action.

How ???????? we all have to take a quick decision so that we investors dont rely totally on the court, we all know how the system runs over here, I think lets decide a date and a venue so that every body meets and specially if we know Masoods resident than why not right over there, (please post his address on the net), I am not asking anybody to fight but till the time we dont show them that we are One Team any Tom Dick and Harry would come and take we people for a a ride and believe me we dont want any other company to come in the market and repeat the same.

So please wake up and lets meet because if we just sit and expect the other man to help us than just forget about it nothing is gonna happen!!!!!!!!!!!

I am really very tensed about the whole situation and am sure every investor is going through the sleepless nights.

Masood if you are reading this than please think about the people who trusted in you and invested the money, please come on the TV and inform everybody whats your next step coz somebody is watching you.(what goes around the same comes around)

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SIR, IT IS LAW & ORDER PROB. EVEN IF U CONDUCT A MARRIAGE PROCESSION U SHOULD INFRON LOACL POLICE WEL IN ADVANCE. BUT THIS GUYS SIMPLY USE DROP BOX METHOD AND STARTRD FOOLING POLICE FORCE. HENCE THEY R FURIOUS.ALL R NOT POOR INVESTORS LIKE US. EVEY BODY VIEW PROBLEM IN THEIR ANGLE AND JUSTIFY THERE ACT. NOW THE COM SAYS THEY WILL CONDUCT A MEETING SHORTLY.
ANY MISCHIEVOUS ACT OF THE COM IS BEING WATCHED BY JUDICIAL AUTHORITY. THE HAVE TO ANSWER THE HON JUDGE.

I HOPE AND STRONGLY FEEL WE WILL VOICE OUR FEELINGS IN THE JUDICIAL FORUM.

THE DAY IS NOT FAR OFF , MY FRIEND.

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Due to unavoidable circumstances in view of notice issued to us u/s 149of Cr Pc from the V. P. Road Police station, we are unable to conduct meeting with creditors of City Limouzines (I) Ltd. on 15/10/09at Wilson School. Next date of meeting shall be intimated to all the creditors by taking necessary steps. We are sorry for inconvenience.THIS IS THE MESSAGE APPERS IN THE COMP WEBSITE.LET US THINK CALMLY IN THESE LINES
1.THE MEETING HAS TO BE CONDUCTED
2. THE FINDINGS R TO BE PLACED BEFORE THE HON. JUDGE.
3.THE COMP ANY OR ITS APPOINTED REP CANT DICTATE TERMS.
4.ALL HAVE TO PERFORM AND OBEY COURT ORDER
5.WE WII PUT UP OUR STRENGTH TO HON JUDG THAT THE MEETING IS NO T CONDUCTED IN A PROPER MANNER.
6. THERE IS SCOPE FOR THIS IN THE PROP AGREEMENT

7. THE KEY WORD IS ’’ AS PER NEW AGREEMENT’’ &BALANCE PRINCIPLE AMT.. DEHORS PRF. SHARE
8. THE BALANCE PRIN. AMT IS DIRECTLY LINKED TO’’ B ’’INVESTORS, WHO RECEIVED FULL AMT AND WAITING FOR EMC OF PRE.SHARE
9. THE RIGHTS OF THE PREF. SHARE IS SAFEGUARDED AS PER THE NEW PROPOSED AGREEMENT.
1O. HENCE THE LOGIC FOR BALCE PRINC AMT WILL BE & SHOULD BE DERIVED FROM ’’B ’’ CATEGEORY.
11.THEN BY THIS EVERY UNSECURED CREDITOR’’A’’ SHOULD HAVE A BALNCE PRIN. LEFT OUT.
12. BASED ON THE PRIN & THE REMAINING OF EACH EVERYCREDITOR SHOULD BE CALCULATED @ 7% AND BE PAID before 31/03/2010. and not by 12 emi.

13. I FELL BY THIS LOGIC ALL INVESTORS WILL GET THEIR PRINCIPLE @ 7% INTT’

14. ONCE THIS PROCESS IS OVER ALL WILLBE COME PREF SHARE HOLDER- I.E ’’B’’ CREDITOR.

15. ONCE THE COM FULFILLS THIS WE KNOW THE FINANCIAL STANDING OF THE CO. AND FIGHT FOR REDEMPTION OF PRF. SHARES

16. I FEEL THIS OBSERVATION IS JUSTIFIED WE INVESTORS JOIN TOGETHER AND MAKE A REPRESENTATION/ PETITION BEFORE THE HON. JUDGE.

PL THINK AND PLACE UR VAL SUGGESTIONS.

================================================

City Limouzine will be back in business after diwali:
City Limouzine is likely to start after Diwali. soon, we will start repaying our investors. Those who have balance principal amount will be repaid in 12 equal installments, along with 7% interest on the principal amount. Nirmal Bhosale, advocate for City Limouzine, said. she added that the company was ready to give bank guarantee with respect to cheques. "I am very happy that the comapny has given a positive reply. It will be Diwali gift for me if my money returned." Investor said.

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City Limouzine spills onto street, five executives arrested

The City Limouzine executives seem to have a knack for getting into trouble. A meeting of its investors, organised by the company on Wednesday, led to a three-hour traffic chaos on VP Road as 10,000 investors gathered at the Wilson School premises.

The police registered a case against five company executives for not taking the required permissions to hold such a meeting. Starting around 11am, the meeting led to traffic jams on and around VP Road. The local police had to call in state reserve police force and home guards to control the crowd and the traffic. The cops also made announcements on megaphones, saying that the meeting was cancelled.

"No police permission was given for this meeting," said Sanjay Mohite, deputy commissioner of police, Zone II. "The organisers had applied for permission to conduct a meeting at Wilson School, but their application was rejected. Yet they went ahead with the meeting. We were shocked to see such a huge crowd," Mohite said.

The Wilson School ground, where the meeting was held, was so packed with investors that some had to find space atop trees, and the boundary walls to listen to the City Limouzine officials. The investors came from all over the country. The high court had directed the company to organise a meeting of its investors after it triggered a controversy by allegedly cheating several thousand investors.

"As per the HC directives, a meeting was organised by the company officials. But they did not follow proper procedures. A representative of the company should have discussed with the police about the meeting and about the expected crowd. A case was registered against five persons, including company lawyer Virendra Maurya, finance manager and other company representatives. They have been placed under arrest," senior inspector Vilas Patil of VP Road police station said. Another meeting, scheduled for 3 pm on Wednesday, was cancelled.

"Normally, it takes not more than three minutes to reach Sikka Nagar from CP Tank. But today, it took more than 20 minutes to travel the distance. I had to reach Harkishan Hospital, but got stuck in the jam. I have never seen such a huge crowd on this road," said Rajiv Joshi, a garment dealer.

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Duped investors desist from getting tougher with firm

City Limouzine finance company investors are reluctant to file fresh cases against the firm after they got to know that more police probe into the fraud charges were affecting their chances of getting their money back.

Prasad Mhatre, member of City Group Welfare Association Mhatre, said, "We have appealed to all the investors to unite in this crisis. We have also requested the investors to be patient and not to register any fresh complaint against Sayed Masood [chairman of the company] as this can further result in delay in payments to investors. One complaint filed against the company has resulted in such a huge problem. If more cases are registered, this will result in more problems. We have full faith in the company and hope that our hard-earned money should be paid to us."

"The Supreme Court has given directions that we can investigate the case but the business of the company should not hamper due to the investigations. Therefore, bank accounts of the company have not been frozen by the police," said additional commissioner of police (EOW), Sanjay Saxena.

About 200 investors of City Limouzine finance company gathered at Azad Maidan on Friday to protest the investigations carried out by the Economic Offences Wing (EOW) of Mumbai Police with regard to a cheating case.

"The EOW has taken an extreme step against the company on the basis of a bogus complaint filed by one of the investors Jalinder Phansare.

In the name of investigating that case, the EOW officials are harassing the company, which, in turn, is affecting lakhs of members of City Group," Mhatre said.

=================================================

I want to own car so I invested in City Limouzine in Sep.2004. I opted Car option and city bought TATA INDICAB on my name . My 5 year agreement is upto Sep.2009. I invested around 160000/- rs.
City

Gives me return of 6000/-+6743/-(Car Loan EMI)=12743. Total. My last cheque of agreement was bounced in sep.2009. But my car loan is upto feb 2010 .and city has not given any cheques for this
EMI as per agreement.
If city is noy honouring my agreement then I want my car back. But problem is City gives the vechicle to
AMBEDKAR PRATISTHAN. and AMBEDKAR PRATISTHAN gives the vechicle to another person on hire .
They took 1.5 lakh security deposite from that third person.
Now in this critical sitiuation, How I can get my Vechicle back.?
What is the role of AMBEDKAR PRATISHTAN in all this scheme?
Also they have all the original documents of vechiclw with them ?

Can any one help me or guide me in this direction.?
If company have a good intentions then why not they communicate with investor via their website ?

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In the Scheme of Arrangement, the definition of principal and creditor is not clear. I think we may be in for a surprise after voting "YES".

I think the "Scheme of Arrangement" defines "Principal"

as the amount of money deposited dehors the preferential shares. "Dehors" is a legal term meaning "outside of". So per the "Scheme of Arrangement" it appears the "Principal" is defined as (Deposit - Value of Preference shares).

So this is not really what most people might be thinking of as Principal.

As an example: for those who deposited 1.3 Lakhs and hold preference shares worth 70K, the Principal is only 60K (= 130K - 70K). In fact, even legally this is the unsecured debt. As long as they have returned the 60K with interest, they are meeting the commitments of this "Scheme of Arrangement".

The preference shares continue to remain valid. However, legally when a company is liquidated, whatever remains after paying the creditors is distributed among preference share holders and then equity share holders.

In this case, after paying the "Principals" to the "Creditors", there might be nothing left for the preference shares. In other words, we may not be getting what we think is Principal.

Those at the meeting, please ensure you get this fine point clarified.

===================================================

i have some information about 14oct meeting.as today i talk to mr kaiser beig this what he said to me.
1.company is going to shutdown
2.15oct meeting cacelled as investor are not lising us.
3.they

are not giving any money what so ever to those who receved principal amount.asking about prefential share he said throw it into dusbin.
4.company dont want to run any scheme furthere as it is going to shut down.
5.company will pay only those who have not receved their principal amount by 7% in 12 inst. (the remaining amount)
6.now its all over

this is all i have to tell to all invester.

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14th Oct 2009 hi, dear all investors, i just came from the meeting. I present you in brief---
1. the initials-- meeting venue suddenly changed from gymkhana to high school, chairman didnt come, there were sea of

people and only around half of them were able to get accomodated inside the campus of the school.
2.people who were present- chairman of the meeting appointed by high court- nirmala bhosale, accountant of city group kaisar baig, a retired justice of high court.
3.what happened-- nirmala proposed on behalf of company to return the balance principal amount with 7% interest in 12 equal installments with bank guarantee. many of the people demanded that the initial amount should be considered as the principal amount and there should be no deduction of the monthly paid amount but she didnt accept and she assured that those investor will be considered after the class A investors, the company is going to run but with new schemes which will be different from the previous. voting didnt take place and it was obviously not possible for such a huge crowd in such a small place- there were fear of law and order problem and the police were angry that they were told only last night about the meeting and they were unable to do proper bandobast in such small time span. the investors who were able to catch the mike- a lawyer from chennai- Piramal, Prasad Mhatre and few others.
4.final outcome- no voting took place,the representatives assured about principle amount, nirmala requested to cooperate and let them open their offices and let them work. she told initially that there were five schemes of arrangament but she explained only one, majority of people gave their consent by raising hands for the scheme of principle amount getting back but many queries remained unclear. let us see what happens tomorrow.

======================================================

Wilson gymkhana is situated at the marine drive, facing the sea, near the mumbai police gymkhana. It is at a walking distance from MARINE LINES STATION of mumbai local train in the western railway. People

deboarding at this station should get out of the station towards the sea face. In the central railway, around 2 km from mumbai cst station. From airport around 22 km. When I did an enquiry, I came to know that meeting venue anounced as wilson high school itself means as wilson gymkhana or wilson high school gymkhana, as wilson gymkhana is the open ground of the school.----- regards, an investor who invested in july and got stuck in august. sur mundate hi olay parey. COPY------ Wilson gymkhana is situated at the marine drive, facing the sea, near the mumbai police gymkhana. It is at a walking distance from MARINE LINES STATION of mumbai local train in the western railway. People deboarding at this station should get out of the station towards the sea face. In the central railway, around 2 km from mumbai cst station. From airport around 22 km. When I did an enquiry, I came to know that meeting venue anounced as wilson high school itself means as wilson gymkhana or wilson high school gymkhana, as wilson gymkhana is the open ground of the school.----- regards, an investor who invested in july and got stuck in august. sur mundate hi olay parey.

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Now, investor’s lawyer appears for City Limo chief

Mumbai: In a twist in the City Limouzines cheating case, an advocate who fought against the company two weeks ago is now fighting

for the company’s chairman. Advocate Rajesh Singh had represented one of City Limouzines’ investors in the Bombay high court and objected to company’s plea seeking a stay on all civil and criminal proceedings. But on Monday he appeared in the sessions
court on behalf of City Limouzines chairman S M Masood seeking anticipatory bail.
Singh defended his action, saying he had taken the consent of the investor in question before appearing for Masood. In the high court, the company had moved an application in the court of Justice S J Kathawala for restructuring the debts.
The company had also urged the court to grant a stay on all proceedings it on account of bounced cheques when Singh intervened. The court however did not grant a stay.
City Limouzines is under investigation for defaulting on returns to be paid to thousands of investors.
On Monday, in the sessions court where the anticipatory bail application of Masood is being heard, advocate Bhavesh Parmar objected to Singh representing Masood. Parmar who had filed a PIL in the high court, seeking proper investigation by the economic offences wing of the city police, plans to intervene against the anticipatory bail.
The sessions court made no observation on Monday, and adjourned the matter to October 15. Singh’s action has not gone down well with the economic offences wing. A police officer said the department would take it up with the proper authorities.
Meanwhile, the public prosecutor alleged that Masood was playing mischief by not turning up in the court. The court has insisted that Masood be present on October 15.
Meanwhile, Singh said the meeting of the creditors scheduled for October 14 and 15 will be held at Wilson Gymkhana at Marine Lines.

=============================================

VALUE TIPS: WHO SHOULD VOTE FOR WHAT (SCHEME OF COMPROMISE)??????

AGAINST: NOT IN FAVOUR (NO)
THOSE WHO:
1) ARE NOT DEPENDENT ON CITY LIMOUZINE FOR THEIR SUPPLEMANTARY INCOME
2) DO NOT REQUIRE THEIR CAPITAL INVESTMENT IMMEDIATELY. THEY CAN WAIT FOR A LONGER TIME TO RECOVER THEIR DUES.
3) HAVE AN AXE TO GRIND (PERSONAL VINDICATION OR GREIVANCE) AGAINST THE COMPANY DIRECTORS.
4) THINK THE COMPANY DIRECTORS HAVE MISHANDLED THE FUNDS AT THEIR DIPOSAL.
5) THINK BY OPPOSING THEY WILL BECOME MARTYR OR HEROES.
6) FEAR THAT BY SAYING “YES” THEY WILL LOOSE THEIR INVESTMENTS.
7) THINK THEY CAN DICTATE THEIR OWN TERMS.
8) THINK THAT THE SCHEME OF COMPROMISE IS PEANUTS.
9)
10)


FOR: IN FAVOUR OF (YES)
THOSE WHO:
1) ARE DEPENDANT ON CITY LIMOUZINES FOR LIVELIHOOD & WELLBEING.
2) WANT THEIR CAPITAL INVESTMENT BACK IMMEDIATELY.
3) DON’T WANT TO WASTE THEIR MONEY, TIME & ENERGY.
4) THINK THAT THE INVESTORS FUND WAS NOT MISHANDLED. IT WAS CIRCUMSTANTIAL & DUE ECONOMIC CRUNCH & GLOBAL MELTDOWN
5) THINK SERIOUS DAMAGE WAS DONE DUE TO INTERFERENCE OF THE CENTRAL & STATE GOVERNMENT AGENCIES.
6) SUPPORT MR. MASOOD FOR HIS VALIANT EFFORTS TILL TODAY & BELIEVE HE IS AN HONEST BUSINESS MAN.
7) THINK THEY WILL BENIFIT IN SOME WAY WHEN THE COMPANY RECOVERS.
8) THINK BY LENDING SUPPORT THEY ARE JUST DOING THEIR DUTY.
9) THINK THEY HAVE NOTHING TO LOOSE
10) THINK THAT THE SCHEME OF COMPROMISE IS FAIR TO ALL.



YOU CAN ADD YOUR OWN REASONS TO THE LIST
BUT DON’T FORGET AT THE MEETING VENUE
1) YOU NEED TO KEEP YOUR EYES AND EARS OPEN
2) MAINTAIN PEACE AND ORDER.
3) CANNOT AFFORD TO BE ARGUMENTATIVE WITH YOUR FELLOW BRETHREN, WHEN HIS VIEW DIFFERS FROM YOURS.
4) NO LAST MINUTE CANVASSING AT THE VENUE.
5) HEAR THE VOICE OF THE SPEAKER WHEN HE/SHE IS SPEAKING, RATHER THAN RAISE YOUR OWN VOICE.
6) THOSE WHO OPPOSE SHOULD REALISE THEY CAN LIVE FOR ANOTHER DAY, BUT VOTE AGAINST THE MOTION TODAY.

============================================

Plz. let me know any one received call notice / intimation received for the meeting to be held on 14 & 15th October, 2009. The very sadest thing is the company didnt interact with its investors/customers

directly and we need to follow up the matter even after our hard earned money invested with them. Let us all pray for a good outcome. So far the company sent only one SMS telling us to hold their cheques issued till further intimation. However, their phone and mails are not in operative and it become very difficult to contact with any of their staff/ officer. It is not at all fare doing from the company’s part.

If any one received intimation about the meeting plz let me know and kindly forward the same to me at bluemoonlure@yahoo.co.in

I am in a very stringent financial crises to manage to invest with them all for a good cause. Plz. also let me know if one cannot attend the meeting, how it will be treated.

=================================

hello all investers, tomorrow meeting is the last oppertunity for all of us to get back our investment safely. so pls keep calm in the meeting and observe carefully what they say. most of the investers

intrested in get back their investment only without any delay. the scheme is also acceptable in many of the investers views.however it need some clarifications before accepting the scheme. we dont know the law points deeply in their proposal so that we must be aware while accepting it. we, the investers have the well educated lawers,cas, doctors, financial firm guys,etc.pls u all take responsibility on behalf of the all investers and come forward. each and everybody take responsibility and clear all the doubts arising . i think the old investers wont be create any problems , they already got their principal amont. i hope they will help for to get our original investment back.after lossing three months all investers dont like to extend the time further.if we finished the meeting successfully then we are the winners.so all of u thing well and expect good result from the meeting.hope the god will be with us, and pray for better future for investers and company. HAPPY DIWALI TO ALL

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Count down started. City limouzines story is coming to an end for the time being ,End in the sense that it’s issues with the customers and the investor’s woos .Whether they are to be either

cleared or compounded is to be seen on 15th .Whether it is one way traffic or a high way is to be decided on that day.

Proxies play a major role, I feel so because some persons each holding hundreds and thousands play havoc .Most of the reviewers here and google groups are in favour of accepting the offer.Less number are against the offer..To tilt the balance , if one or few persons each in collusion,holding lumpsum votes to achieve their goals , the justice is not done.But one can not stop it.Of course these are all common and expected things but the team leaders should show their wit and presence of mind to avert these things to take place.

Since it is an open forum,I can write. Everybody knows,One’s difficulties make way to somebody’s fortunes.These are the by products of the great scam.Scam feeders ,pollce , Lawyers .In the name of fighting the case , many are in a way forming associations and collecting money. I am not against the idea.But they can form the associations after seeing the results of thisAugust Meeting. I hear the fee is Rs 1000/- per file and in Hyd some fellow collecting Rs200/- per file.For an individual to pay 1000 or 200 is not a problem. But the innocent victims , with a hope to get back their savings joining now it self.This is in no way correct.Some associations are only in the process of formation. They have not been registered.Right now what will you do with this collected money. which runs in thousands and lacs even.
This review is intended only to warn besides to get the feed back.

Last but not the least , wishing all our investors a very happy DIWALI with the good news of amicable solution to our immediete problems.

============================

Dear Fellas,
Lets not loose all hopes. We have to utilise this one opportunity to makesure the decision is in the favour of we investors.
Points to be taken care to make sure we dont loose.

1)Some of the active investors residing in Mumbai have to take leadership & publish their email ID & Cell no. You guyswill have to ack as leaders for thousands of investors who will not e able to travel to Mumbai & attens the meeting.

2) Close coordination has to happen between these leaders/representatives.
3) It would be preferable that the leaders are from emenent areas having exposure to Law/ Marketing/ working at a respectable post in company, or someone how knows how to talk & negotiate without loosing his cool & getting angry or disturbed.
4) All these leaders have to be extremely carefull not to make any illogical representations. We do not want Unions & slogans or fights during the meeting. It is utmost important that the meeting venue should be well organised & no one should be allowed to create chaos. At any point in time only one person should raise his hand & talk.
5) Our intension should be to
(a) Get the balance principal returned to the investors who have recently joined & have not yet recovered the basic invested principal amount. This should be in shortest possible time.
(b) It would be wise not to fight for interest. Whatwever interest company is ready to pay , accept it, make sure the money return period is the shortest not more that 3-6 months.
(c) If any investor has faith & wants to keep the money for a longer tenure for higher interest, separate option to be given for such investors. But make sure dont put everyone in same boat.
I know few old people who invested major part of their retirement fund to get a decent amount every month that can help them buy monthly groceries & pay rent.
6) My personal appeal would be to list out old people above 60 years who have invested less than or equal to 130000(Single Scheme) . Make sure they are first refunded their remaining amount if they have not got their principal back.
7) We who stay away from Mumbai can send out proxy forms downloaded from the website, filled & email to the representatives.
8) Stay calm & logically talk to the Citigroup management/Lawyers/Dorectors. Convince tham that the investors have faith in them & will support, provided there is transparency, immediate start of repayment is established.
9) No point going in to courts or filing a case at this juncture. We should not spoil our chances of getting atleast part of our investment if not full immediately.
Please remember. " A bird in hand is worth two in a bush"
Thanks,
A Sensible investor who has learned, not to be gready.

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Hello All Investors

I am also an investor in City Limouzines as well as City Realcom. I would like to suggest all investors of City Limouzines as well as City Realcom be calm during both meeting andtry to get back our Principal Amount safely.
It’s personal thinking our anger in meeting will be indirectly dangerous for us and may be City group’s owner and director want same response from our side for stopage of Principal Amount of our investment. Court cases will take couple of years and they are having nice fund and can hire best lawyers of the country and can make this case much complicated and longer and lastly who will be looser only investors.
So it’s my personal advice and request to all investors who are going to attend both meeting be calm and try to make such solution to get back our atleast Principal Amount back.
Regards,
Tinu
New Delhi

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Hi Friends,
The Scheme which requires votes on 14th and 15th looks beneficial to the investors and the company. It is not very clear just by reading the scheme but an in-depth analysis to the scheme

sounds interesting. For Guys who have invested in City limouzines alone, they will not form part of creditors if they had invested just in the 1 lakh(+/- approx) scheme. Their due amount would be only the 70,000 promised at the end of 5 years. Those who have invested about 1.3 lakhs(+/- approx), would form part of creditors. Class A if they haven’t received it for about approx 50 months+ which means, if someone has received payments for more than approx 50 months, they would be class B creditors. The calculation is based on the interest rates involved. But all the non-cummulative preference shares of 70K would be either redeemed or paid back in 12 months instalments. The agreement states - This scheme doesn’t alter the rights of the shareholders.I feel all should vote Yes.. you will definitely get back 70K in 12 instalments right away even though you may not get the 4k or 7k per month. something is better than nothing. If there are cases piled up against the company, we will be the losers. If we agree, then there is a clause in the proposed scheme that all cases will be set aside and the scheme would get effective when it gets approved.

Now regarding the Combo(City Limouzines+city realcom) The total initial amount was - 2,79,825/- repayable at 4664 per month as principal repayment(4664*60=2,79,840). The entire combo investors would be a part of Class A creditors provided they have received the amounts for approx 50 + months(again, based on interest rates calculation - because the current scheme says 7%). The combo agreement has the amounts 6250 for vehicle rent and 3210(1st year and 10% addition every year) for house rent. The remaining amount is the repayment of principal 4664 + 10.5%(approx per anum) interest on 2,79,825 every month. Now what the company in its new scheme suggests is that it wont pay the vehicle rent and house rent going forward which was their business income sharing but in turn would pay off the balance principal amount outstanding in 12 equal instalments. I’ll give an example.
If a person Mr A has invested in combo 12 months ago, he would have received 16541 for 12 months. this includes 4 parts - 1. vehicle rent 6250 2. house rent 3210 3. repayment of principal 4664 4.Interest on the initial payment of 2.8lakhs which would be (16541-6250-3210-4664)=2417.
So, this Mr A will get back 4664*48 months = 223872(less additional interest received above 7%) 2417 is what we received as interest but if we calculate at 7% it will come to approx 1625 or so per month. So the additional interest(800*12=9600 approx) would be deducted from the 223872. therefore this Mr A would be getting back 214272 (223872-9600) approximately in 12 equal instalments which would be 17856/- approx each month for 12 months(+interest at 7%). Once this is received, the entire agreement will come to an end. Apart from this, Mr A will not get/encash any other monthly cheques.
If my explanation is what the management would explain on 14th and 15th, this sounds justified. This would mean that proportionately, our Principal is being returned in 12 equal instalments with 7% interest. I would have high regards to Mr Masood if my above explanation is what he intends.
If you understand my explanations clearly, and if this is what the management explains on 14th and 15th, then please vote ’YES’ for this scheme. If you find any malafide intent in their explanation, then please ask people around you who would have better understanding and then vote YES or NO. Please do not vote in haste.
This scheme will return our proportionate principal investment in 12 months and also bring Mr Masood out of this crisis in 12 months if he is able to pay off as promised in this scheme.
If any highly learned person feels my explanation is wrong, please let me know. I would be available at piecemealcity@rediffmail.com .
Disclosure: I’m basically a Chartered.Accountant and have 3 Combos invested. My family has about 7 Combos and other investments in City.

===================================================

Interim relief for City Limo chief

9th Oct 2009 @ TOI Mumbai page 11

Mumbai: S M Masood, chairman of City Limouzines who is accused of cheating investor, has moved the sessions court for anticipatory bail. Police in Mumbai, Chennai and Hyderabad are conducting investigations in the case.

The sessions court on Thursday posted the matter for hearing to October 12 and granted interim protection from Masood being arrested. A police team from Chennai was also in the city as part of the investigations.
Masood moved the court, fearing arrest by the economic offences wing (EOW) of the city police after fresh complaints were lodged against him. Till August, when cheques issued by the company began bouncing, the firm was being investigated only for a lone complaint lodged by investor Jalandar Pandhare in 2007.
EOW has opposed the anticipatory bail plea, saying there have been several complaints and sought his custody. The sessions court granted interim relief to Masood, saying he will not be arrested in Mumbai till October 8.

I am also a investor with the City Limo.... since Feb 2005 and i am reading all the reviews posted by fellow investors on this very useful site. Kindly go through thebelow news on City Limouzines appeared in TOI (Mumbai Edition) on 08 Oct 09 (Today). May GOD give strength to all of us to come over this crisis

Thanks & Regards,



City Limouzines meetings put school in a tizzyC Unnikrishnan , TNN 8 October 2009, 02:56am ISTMUMBAI: The City Lim-ouzines scam is proving to be a headache for staffers of a south Mumbai school. Although there is no direct link between the two, Wilson High School is the venue of creditors’ meetings to be held next week by the company management. City Group has arranged meetings of City Realcom and City Limouzines’ creditors on October 14 and 15, respectively, to finalise the repayment pattern.

The clerical staff of the school, which is located a little away from V P Road police station, is furious at the number of calls received every day besides having to reply to queries from investors who drop by. "We do not have any information about this meeting. We are fed up of the queries from the public. Exams are going on,’’ one of the staff members said. Although the company inserted ads in newspapers about the meeting weeks ago, there has been no initiative to make arrangements, investors alleged.

The school has been receiving calls from Kolkata and Bangalore. "Our sympathies are with them. But we are helpless,’’ said a staff member said. Initially the staff used to be more responsive to the calls. "Now the moment we hear the word meeting, we reply `wrong number’. At times we disconnect the telephone line.’’ The security guard too has kept himself abreast of the developments that the moment a stranger enters the school premises, he promptly asks, "You want to know about City Limouzine meeting?’’

On Wednesday, at least two investors visited the school. One of them, a retired railway employee, had travelled all the way from Badlapur. "A part of my retirement benefits was invested in the company,’’ he said.

Many investors called TOI asking whether they stand a chance of getting the money. "The repayment scheme is not clear. Does it make any sense to travel all the way from Kolkata for the meeting?’’ one of them asked.

Masood has given some hopes thru his interview published in DNA
( Mumbai Edition)

MUMBAI TOP NEWS Monday, October 5, 2009
Somendra Sharma

In the midst of a row over allegedly
cheating

several thousand investors
to the tune of crores of rupees, City
Limouzine chairman Sayed Masood,
in an exclusive interview with DNA,
said he is ready to repay the money
to his investors if officials of the economic
offences wing (EOW) of the
Mumbai police stop ‘harassing’ him.
Excerpts:
Who do you blame for the current
problems in your company?
The EOW investigations are responsible.
I have a company that
has been functioning for more than
15 years. I never defaulted in making
payments. However, I could not
focus on the company ever since
the EOW began harassing me. After
being constantly summoned by
the police, I had to shut shop. I also
blame the media for their wrong
publicity.
What is stopping you from
carrying on with your business?
The investors say you have
assured repayments from the
next month
The Supreme Court had said that
the police can investigate the alleged
cheating case of Rs55,000 filed
by one of the investors. But on the
pretext of investigating the case,
the police is making lakhs of investors
suffer. The EOW is not allowing
me to run my operations. I
can start repaying people from next
week itself if the EOW stops harassing
me. I believe there should
be some outcome of the case by November.
How is the police ‘harassing’ you?
Every now and then, EOW officers
come to my office and asks for
various documents and use pressure
tactics. I have appointed a PR
person and lawyers who can answer
all their queries, yet they summon
me to their office at Crawford
Market.
The police say they fear that you
might flee the country and have
hence impounded your passport.
What is your take on that?
My passport was never impounded.
I wanted to meet my family,
which stays abroad, for Eid, but
the police felt that it was a tactic to
flee the country.
Do you fear coming before the
investors? Do you still go to your
office?
I have no fear from my investors
as they are with me and will always
support me. I had to stop my business
operations as I could not focus
on them. I have stopped visiting my
office.
What is your appeal to your
investors ?
I can only ask them to be patient
and stand by me in this situation. I
hope the situation will be fine like
before and soon we will be able to
come out of all our problems.
‘I can repay investors from next week’

THE CASE
City Limouzines (India) Ltd, a Cuffe
Parade-based firm, had been accused
of defrauding people by luring them into
making investments against the promise
of a car. Jalandhar Phansare, an
investor, had filed a criminal complaint
against the company at the Cuffe Parade
police station last year. The Economic
Offences Wing later took over the
investigation of the case.

=================================================================

COMPARE THIS TO SATYAM SCANDAL
The SATYAM SCANDAL was not known to thepublic till the time, the Director of the company Chairman Ramalinga Raju, in his nowfamous 5-page letter outlining

the deception, said no other board member --past or present -- was aware of the financial irregularities. That was on 7thJanuary 2009. Prior to this date there was no inquiry into the company’s affair.
CITY LIMOUZINES has been facing thewrath of the EOW only on the basis of one single complainant, since Nov 2007. Thecasewas quashed, but the Hon. SupremeCourt of India gave the order to initiate the inquiry of the company. From the time ofthis order – till today the EOW has not been able to detect any malpractices orfraudulent affairs of the company. The ED was asked to conduct raids, yet thereis no clarification from the ED into any irregularities till date. Does it takeso long to detect a fraud?
The company seems to be coming intoclear. But the detractors are simply creating confusion in the mind of thepeople. The company should be allowed to operate normally. The share holdersshould wait patiently till 15th October, and hope for the best.
I quote from Prasad Mhatre’s appeal tothe share holder about the company’s chairman declaration “I will not go any ofmy investor’s money in vain. I owe all of their money and I will surely returnthe same to them.” And the company admission about the investor’s money being safe.i would also like the investors to read the DNA (MUMBAI edition)INTERVIEW given by Mr Masood on 5 th October , submitted by jollyboy_m
I am of the firm view that there is nofraud, no scandal, no scam, no fraudulent practices or any irregularities or associationto any unlawful person or organization. I believe the honest intention of Mr.Masood and trust him fully. My vote is for him to conduct the business, as bynow he may have figure out the best possible way to do it.

================================================================

Prasad Mhatre,
While addressing the gathering at Azad Maidan you claimed that you are also an investor,throughout your verbal dairohea you did not utter a word regarding reimburement of monthly EMI

at Azad Maidan,& your assertion every now & then that you have personally spoken to Mr Masood & he has assured that he will return investors money but will also launch new Scheme which you are not in a position to disclose details( classified secret,) in your opinion we all must fully cooperate with City.
Assume all investors stand behind him,what is the guarantee he will return investors money, I will be more then happy if I am proved wrong. The reason I very much doubt his intentions as per my inside souce working in City Mumbai Office Mr Masood was fully aware / informed on 1st of August 2009 that the company is in RED / financial mess still he continued to accept money from the investors, finally drama unfolded on 11th August giving lame excuse of EOW raid stopped all payments, at a time when the world economy is recovering, sensex touching 17000 points Mr Masood & Co felt the effects of Global Economic Slowdown / meltdown?
The story is other war round the ills facing the company it is not due to Global Melt Down, but Mr Masood is caught with his " PANT DOWN"

==================================================

Dear investors,

I feel it important to write this because today when I seen over 500 investors gathered at Azad maidan, Mumbai to discuss about the fate of the investors with city limouzine(india)

Ltd.,and I feel that some persons who were in favour of the company with the company lawyer and with company own persons trying to collect the proxy in favour of them . As the company in his order what obtained to them by High Court Bombay at least 20 persons required from each group declared by Scheme of arrangement like Class A and class B to pass his scheme of arrangement before the High Court Bombay with in 14days soon afrer the meetting. Now the 20 persons who collected the proxy of peoples will decide the fate of lacs of customers who are already looking influenced by the company.

As i asked to one person named Sri Mahtrey who is the organaiser of the meetting after his interview to sahara TV that will you please describe me what is the scheme of arrangement and what do u mean for it. Please make it claear before the peoples present here so that everybody can understand the scheme before they bliendly support you in this difficult situation. What is a secured investor ?, What is a prefence share holder ? what is debenture holder ? what is non secured investor ? what is class A and what is class B and what exact;ly meaning of Principle amount ? He is avoid to discuss and showing his arrogant he try to make me cool and as his supporters also ask me to keep quite as they only want proxy.

The scheme of arrangement is not a clear subject still now as many have many meaning of it as it is written in majic sequence of words. One side it showing it have no link with shareholders other side it have different meaning. Please ask the people who were leading now from front to ask the company before meetting to make it claear and you can give your valuable openion or support to any one.

Once the proposed scheme passed by 20 representative and handed over to company then what the return invcestors will get is it the responisble of that 20 representatives ? does they provide food and return of us ?? Will it is good if we are alive and available then we can proxy to any one for our investment who were influenced. If representative required then select the persons who have reputation or big groups of peoples can make their own representative of their own to represent them . Please try to understand all game what will not take us to ruin.

The time is very needful to understand all coz we have a little time. We are never against to any body in personal or against the company. If the company is doing well then its very good for everybody and if any body doing good for us its a tremedious job but please be serious and concious about the scheme which is what understand before you give your concent to any one in this regard.

Thanks................This is an awareness only nothing against any personal. if it hurt to any body then please excuse me as think its a dicsuccion only and personal opinion.

=======================================

A group of investors who lost their money in the schemes floated by City Limouzines have organised a meeting on Monday to extend support

to company chairman S M Masood. Investigating agencies, however, dismissed such meetings as a ploy by the company to put pressure on them.

Prasad Mhatre, who has organised the meeting, told TOI on Sunday that he believed that Masood has not been able to return the money because investigating agencies have frozen his bank accounts. "I saw his television interview where Masood reiterated the same. I also spoke to Masood,'' Mhatre claimed. He said that a group of them have distributed pamphlets mobilising support.

Mhatre himself has invested over Rs 12 lakh in the various schemes. "There are several others like me who have put our hard earned money in the company. I myself took loan to invest in the company. It is true that we are yet to get our money back,'' he said.

However, some investors said, "If the company's intentions were honest, they would not avoided the investors for such a long period.''

On Dussehra day I went to the Nariman point office of CL and along with nearly 200 investors pledged support to the company. I met a lot of investors and all had the same tale to

tell. But I have noticed that the hardest hit are the new investors like me. My first cheque itself bounced. My first scheme has got me the principal amount as I have completed 16 months but I am worried about my combo scheme. I am continously in touch with fellow investors whom I met on that day and all have a feeling that putting court cases on the company will plunge the company deeper into crises. I am only praying that I get some positive feed back on the 14th and 15th.

I was a bit let down today as I went to the lawyer’s office at Girgaum only to find a note pasted on the wall with his contact number. I met other investors who also came there and I feel sorry that there are so many senior citizens who are being affected. I think the company has given the date of 15/16 so as to get adeqate police bandobast for the meeting as the elections will be over by then. But I am a bit suprised that no political party has come forward so far to pledge support nor this is being made an election issue. But one thing is sure if any politician comes forward and fights for us I will definetely vote for him or his party in future. Then I will know that the politician is really for us and our problems.

I do read many reviews in this website and all are giving their own opinions. I definetely feel we all investors should come together and appoint a commitee probably of 5-10 persons amongst us to negotiate with the company. Many investors are adopting the wait and let others take the trouble attitude. But we should unite. More importantly we should maintain peace and calm during the meeting so as to hear the company spell out their soloutions.

All the best for the meeting but do remember ’NOTHING IS IMPOSSIBLE WITH GOD’. Pray and you will get results.

=========================

Today meeting of investors was called at Mittal Tower at 11:30AM upon reaching there found four police vehicles guarding entrance of Mittal Tower, when inquired about the meeting they said the venue changed

meeting will be held at Azad Maidan somehow when I reached there, around 200 investors in different groups were having loose talk, some in favour of City Limouzine some neutral and some just wearing worried looks on their faces.
This meeting was supposed to be addressed by City representative, nobody from City came to address the meeting, instead Mr Masood & Co took the help of Mr Mhatre & his goons followed by some other street smart ’’JHOOLA CHHAP’’ wheeler dealers took the centre stage and forcibly addressed the gathering with condition that nobody should ask any questions,he started with showering praise on Mr Masood & Co and criticising Times Of India reporter Mr Unnikrishnan, classic case of shooting the messenger.
person name Vivek who has the guts to interrupt Mhatre & his cronies to ask why this gathering which was suppose to be addressed by City representative is addressed by you , where is City representative , commotion broke out Mhatre was left speechless, conclusion Mr Masood & Co is now relying on GOONS strong arm tactics.
Conclusion Only Divine intervention can only help investors

============================================================

I HAD GONE THRIUGH MANY A HARROWING MOMENTS IN THE PAST TWO MONTHS BEFORE I CONCLUSIVELY RECEIVED POSITIVE RETURNS. MY HARD WORK PAID-OFF. NOW, COMING TO THE SUBJECT, I FIRST DIRECTED MY ENQUIRY ON TOWHERE ALL THE TRANSPORT FLEET MANAGED BY THE CHENNAI BRANCH HAD GONE? PAINSTAKING EFFORTS HAD REVEALED THAT THEY ARE IN THE HAND OF ONE MR, SATISH KUMAR S/O MR RAJSEKAR , RESIDING AT NO-3, CHURCH STREET, GANDHI NAGAR, AVADI, CHENNAI-54. HE MAINTAINS DIFFERENT NO`S FOR DIFFERENT PEOPLE. A CLOSE CHAT WITH HIS MOTHER REVEALED THE FOLLOWING NUMBERS- 9383866777, 9381081031, 9941495951, AND LAST BUT NOT THE LEAST HIS HOME NUMBER 044-65173535 .AFTER CONFRONTING HIM , HE TRIED TO ESCAPE WITH SOME INNOCENT PLEAS BUT MY INFORMATION WAS FROM THE VERY KESAR BEE, THE COMPANYS CHARTERED ACCOUNTANT AND THE GUIDE OF MR MASOOD. SATISH ALWAYS HAS A LINE OF CARS INFRONT OF HIS HOUSE WITH THE PAPERS REGISTERED IN CITYS NAME. AFTER AA SHOWOFF ,HE REQUESTED ME NOT TO REVEAL THE MATTER TO ANY ONE AND WITH THAT ASSURANCE I GRABBED A FORD CAR FROM HIM AND SOLD IT OFF FOR 2 . 2 LKS. NOW MY 1.4 LKS IS HAPPILY RETAINED. I WOULD REQUEST MY FELLOW BROTHERS & SISTERS TO GRAB THE OPPURTUNITY.
AS A FINAL WORD I WOULD LIKE TO AFFIRM THAT DONT GO BY COMPANY ANNOUNCEMENTS OR COURT DECISIONS. REMEMBER THE OLD ADAGE THAT ’ ONE IN HAND IS BETTER THAN TWO IN BUSH "

================================================================

Dear investors,

Gone through the scheme of arrangement which is proposed by the company before the Hon’ble high Court Bombay. This is totaly a mind game prepared by the lawyers for the company

and i am regreat to say that how the High court is agree to pass an order like this which is not makeing claer of any thing in special when lacs of investors are involved with this.
As per the scheme the company in one side devide the whole investors in to groups where they are out of pressure and in other side due to this logical sequence he will get sufficient time to handell all activities of them.
The claver company people purchase the prefence share in term of investment and make fool to the investors who were sold the shares now they they got very less.
The company made the investors in to gropus and make class A and Class B and hold separatre meetting for the preference share holders. As per the present scheme of arrangement as per point no. 2 the company dont alter any thing by any maner of the shares and their holders and as per point No. 6 the company give the all rights of the share holder which not effect to the share holder and their investment and policy.
Class A and Class B investors have to understand what is their principle money . where in class B it is mentioned in point no 4 that as per agreement if any investor is not getting his priniciple money ( what is his principle as he is getting return up to 60 months as per agreement). if here priniciple is 60 months money what company promised to pay the investor then the meaning og prinicple is same for all as their principle.
The matter should be cleared by the company before the High court with an immidiate effect before the meetting to keep their vote or view in this mtting by the investor that whats the real meaning of magic words of the company for the investors who were totaly wrongly interpitted by some persons in City and helping them to gather people in wrong sense.
Every body law savvy soughted when time is need they are silence coz it should be objected in the same High court to make it clear which makeing various doubts on the mind of invesors. If any one organaising the investors he is requested to make an application to the company authority or to the high Court to make it clear. If any body have any openion pz inform me.
By latest news: EOW Mumbai inform me that he is turn my complain of fruad, haressment, misrepresentation of facts to me, killing my finacial credit with my banker and also effect my carrer to rigister case for natural justice. if the company comeing out openly and clearly with a good faith with investors which suits the investors we will thankful to them.
====================================================

Currently the topic of of City Limouzines is in too much discussion. And why not ? Because lot of investors of this company are very much confused. All are worried about a question of whether we will get our money back or not which is invested in this company ? Some people have put in their entire life’s saving into it, where some members have found a support to their life by returns from this company and in some cases families are running their livelihood just on the income which they get from the monthly cheques of this company. After the order of Hon. Supreme Court of India to initiate enquiry of this company, govt. authorities like EOW (Economic Offence Wing), FERA (Foreign Exchange Regulation Act) and Income Tax departments raided this company and freezed/sealed their Bank Accounts. Due to this company’s financial transactions have been completely stopped and therefore all members are more worried. It’s a sincere effort of some of we members to circulate this letter which will give relief to all members to some extent and will also ease the tension they have on their minds.

This company is established in the year 1995. Before starting the functions of this company, it has obtained all the necessary govt permissions and licenses. Company’s Chairman Mr. Sayed Masood is a clean person and very famous in the society as a through gentleman. One thing is to be observed here that nobody has doubted about this company since its inception in 1995. In all these years the company has not cheated any member , and nothing has happened so far which is doubtful. All members were getting their monthly cheques and company management has not refused to do so till August 2009. Still we don’t understand the reason why this company is under court matters ? The forthcoming elections might be the only reason !! Some vested interests might have put the company in legal troubles due to not satisfying their exorbitant financial demands. We all read in daily newspapers about the opening of new such type companies and winding up of them also. How they are getting permissions ? If such companies are not coming into existence, then the question of people investing into such companies will not arise at all. But it doesn’t happen as these vested interests have found out a way of earning money out of it.

Company’s Chairman Mr. Sayed Masood has come out with a statement from his office, in which he says that “ I will not let go any of my investor’s money in vein. I owe all of their money and I will surely return the same to them. But currently some people are troubling me through their desciples by way of involving me in court cases and due to this my company’s smooth working has been stopped. Soon truth and facts will surface by the decision of Hon. Court. After this I promise you all that our company will start its smooth functions like it was operating previously. I request you all to have patience till such time. “ This is a open statement given by him. So it is need of the hour to have patience and trust in this company. This in turn will increase morale of the company. Some advocates are advising few members to initiate legal cases against this company, this will create more legal problem for the company to restart its business activities. Hence please don’t fall prey to such advocates and so called social workers. Rest assured that after the Hon. Court order soon, each and every member will start getting his/her monthly cheques and whoever wish to withdraw will get back his/her invested amount.

Why we should be angry with ? whom to be tense with ? lot of company’s have financial broken, owners of these companies have fled the city, court has sealed the properties of such companies, but its not the case with City Limouzines, its office was still open and working. Due to mis behavior of some investors with the employees, company has closed the office for some days. It will be open soon , management wishes to make payments to its members. Please make a note that due to court restrictions, the company’s business activities have been hampered.

NOTE: ANY OF YOU WHO WANTS TO SHOW THEIR SUPPORT TO CITY LIMOUZINE INDIA LTD. AND TO ITS STAFF, I WOULD REQUEST YOU TO KINDLY ASSEMBLE AT MITTAL TOWER, NARIMAN POINT ON 28TH OF SEPT 2009, I.E. DASSERA DAY AT 11.30 AM. FOR ANY FURTHER INFORMATION FEEL FREE TO CALL UP ON MY NO MENTIONED BELOW.

Thank you all.
We all pray to the Almighty God to re open City Limouzines soon.

nvested 139525.00 Rupees in City Realcom scheme on during end of July 2009. Agreement (MoU)clause mentioned in the second page says "60 months commencing from 21-July-2009 for tentative ownership of the

tentative owner for the proposed project. The tentative ownership shall not be terminated before the end of the above period, EXCEPT as provided herein on mutual consent by giving 3 months notice from either side from the date of signing the MOU. AFTER the expiry of 3 months it will be deemed a confirmed memorandum of Understanding and in the event of cancellation after that, it will be deemed a breach of the memorandum of understanding and the amount paid by the tentative owner shall be forefeited and he/she shall not raise claim of any nature what so ever.

Whether there is any chance of getting the principle (no EMI received; only MoU and post dated cheque (8800 Rupees cheques received) amount together (not by monthly EMI for 12months) by terminating the agreement (as we can terminate the agreement within 3 months as per the above nmentioned clause) as the company failed to honour the cheques issued which is against the agreement made with us. Refer MOU page 2 para "Period" for details of City Realcom Scheme.

Guys, think on it and comment on your plan quickly as we may be crossing 3 months soon and after that noone can cancel the MoU. We will get back the money in bits and pieces; if you have good luck!!!!!!!!!

=========================================

Is it true ?.

As i read some information in a particular website ( www.adviews.in ) there are opportunities that can deleiver a very good profit.

Then Why 7 % per annum now ? what happened to 48 % ?

Also not in a single settlement ?

Read the below information in column 7.1.

*And Interference of Central and State Government Agencies and suffering serious damages. Due to this incident the company was forced to halt certain activity. The above incidents has affected the company very badly and created major financial difficulties for the company.

What does it mean ?

From the specimen copy of proxy now the returns may be only 7 % only per annum .

Proxy 3.

7.The commercial rationale of the proposed scheme of Arrangement between City Limouzines (I) Limited and Preference Shares Holder and Unsecured Creditors of City Limouzines(I) Limited as follows:
7.1 The Company was facing an acute financial crisis mainly due to the economic crunch and global meltdown and interference of Central and State Government Agencies and suffering serious damages. Due to this incident the company was forced to halt certain activity. The above incidents has affected the company very badly and created major financial difficulties for the company.
7.2 The Company faces significant capital constraint and relatively heavy interest on account of highly leveraged capital structure.

Keep faith in God.

===============================

The hearings in Mumbai Courts had originally given dates of 7th Sept., and subsequently certain cases were posted to 15th September. The dates for meetings were arrived at as 7th October and now stand

at 15th October.,2009. The dates seem to somehow go farther and farther and though it is good that City Group has at last recognised that it was time that they come up with a statement as to the position of affairs, the suspense is intolerable.

I had invested in City Limouzines from Chennai, and last several months i was receiving cheques from City imousines. However, suddenly, 6 cheques came to me from July, 2009 to December, 2009 in the name of City Hospitalities. I would like to know if there any cases pending against City Hospitalities also
It is not clear if the meetings of Mumbai dated 15th October, 2009 if and when they are held would also take care of the investors from other centers such as Chennai, Hyderabad, Bangalore, Delhi,etc., can anybody enlighten me
M.V.Ravichandran

=====================================================

In a twist to the City Limouzine issue, the Maharashtra Navnirman Sena (MNS) on Monday jumped on to the bandwagon and extended its support to the lakhs of investors who have almost lost hope of getting their money back.

Around 500 investors had gathered at Shivaji Park grounds on Monday hoping to come together and fight for their money. MNS chief Raj Thackeray's residence Krishna Kunj is a stone's throw from where the investors had gathered. Soon after news of the meeting reached Raj's aides, some investors were invited to explain the matter.

Though Raj did not meet the investors, his aide Manoj Hate listened to their grievances. He then phoned advocate Sayaji Nangre, an MNS counsel, and fixed up a meeting with the investors.

Nangre advised them to come together and identify the company's properties, in addition to lodging individual complaints. The properties could be attached and sold to recover the dues, Nangre said, although he cautioned them that it was a lengthy process.

The investors are planning to join an association recently formed by one of them, Kirti Patel. He has filed a public interest litigation in the Bombay high court, urging the court to direct the police to register FIRs and arrest the company's officials. As of now, the economic offences wing (EOW) of the police has registered only one FIR, based on a complaint by an investor in 2007.

Meanwhile, sources said that City Limouzines has invested Rs 150 crore in a hotel project in Gurgaon. The City Group has also set up a trading company called City Trading in the US. An amount of Rs 60 lakh has been transferred to this company from City Limouzine, sources said. "We are still to understand where they invested the amounts collected from the public,'' a police officer said.

High returns lured all of us. By the way, i grew from one investment to five. Not lost anything. But when i invested i promised myself, if this company winds up tomorrow i will not let this hurt my future. City Limouzine company has got running contracts with Indian Navy and Coast Guard for supplying light vehicles. See, its govt money and will come to the company, after third party gets their cuts. Mumbai branch always had problems because of few competitors as well. Every time they did come out victorious. Unfortunately, all of us have put our unaccounted wealth as investment into this company evading taxes to the govt on the returns we are getting. What you sow is what you reap. I can only assure you (by the way who am i, i have gone through this turmoil twice in last 12 years) that things will work out. There wont be any loss perse. Ya, we all have the God to help us.

The office of the registrar of cooperatives has begun an inspection into the accounts of City Cooperative Credit Society, a sister

concern of City Limouzines.

"There is a web of transactions which we are trying to figure out. The credit society financed the vehicles that were purchased by City Limouzines and given on hire. It also financed the properties purchased through City Realcom. Of the investments collected from the public, a part was deposited as fixed deposits in the credit society,'' said an official from the registrar of cooperatives.

City Limouzines, a part of the City Group, is being investigated by the economic offences wing (EOW) of the city police for cheating and by the Enforcement Directorate for foreign exchange violations. The cheques issued by the company as returns on investments have started bouncing, causing panic among thousands of investors.

Meanwhile, EOW will file an application in the Bombay high court to modify a December 2007 order which imposed certain conditions on the company's chief Sayeed Masood and two directors while going abroad. "There was only one complaint then but now several investors have come forward. Hence, those conditions need to be modified,'' said additional commissioner of police (EOW) Sanjay Saxena. The HC had asked the directors to deposit Rs 55,000, make an application in the Esplanade Court and provide their travel itinerary before leaving the country.

One of the investors, Kirti Patel has filed a PIL urging the court to direct EOW to register fresh FIRs against the company. "The police have registered only one FIR. Our complaints should also be registered,'' he said.

Its been many days when v r leaving in suspense, today i read in times of india that city investors are meeting on 17th sept at shivaji maidan, mumbai, have anyone been to their office today as no one is taking calls.

Today i called up Pune Office of City Limo..I spoke to Mr.Ajit. They are working fine and told that all the problems would be resolvedby 7th October. When asked, why your MD is not speaking..he confirmed that yesterday his MD has given statement in Mumbai Mirror. He also told that Mr.Masood would start giving returns to all the investors once again and the people who are talking bad about him would keep their mouth shut very soon.

I also spoke to investor Nikunj of Mumbai...He went to Andheri office and found its working with full throttle.

When asked him about the scenario of nariman point office....he told me that staff did come today but they were not allowed to go inside office anticipating some problems may happen to their safety.
For clarification , please call up Nikunj at 09867988759.

Third, but not the least, lot of people from Delhi are speaking a lot!! My advice to them that they should team up and go to Prime Minister’s or President’s office immediately and intimate them about the facts. if they start taking care of the things, i am sure that things would be sorted out very soon...
Now, i do feel that , if we dont stop worrying, then we would get struck up in all legal proceedings.
My gut feeling is that City never expected this much trouble and thought that the hearing would be in their favor and judgement would be positive. So they started replacing cheques with Hospitality cheques.
Now, im feeling a bit lighter since i have invested rs 4 lakhs in 3 realcom schemes and getting some positive energy to manage bank emi of September by hook or crook.

Regards all.....Please Delhiwale, sab milke PM ya President ke pass jao..and let them understand that common people are suffering from August with no income...
Then they can put pressure on court or EOW or ED to solve the problems earlier.
I do feel that people came up with cheating case just becoz of panic. And for this panic also, Mr.Masood is responsible.

i have been reading all the reviews regularly, but i think there is lot more fishy inside. i think there is lot of political game behind this and Masood is also involved. these guys know

indian publics mentality, they know the most we can do is gossip and after certain period of time everybody will forget. you can take examples like harshad mehta, telgi etc.
if u check the company’s recent plans, they were giving huge discounts to attract more people.

Masood and the government must have come togather and made this plan otherwise you just think the media who creates bawaal over nothing why they are not putting this news on the front page.
when some child falls in a drain this media will show it as breaking news. that means the media have got instructions to stay away from this matter. the news that they are providing is not sufficient. they should bring Masood in front of the public and media has the power to do so. As u know media is always hungry for such news.
I can figure out what would happen on 7th oct, when all the investors will meet. there might be few people who will start the mess and the meeting would be cancelled due to chaos. this people would be hired by the government or Masood to do this. Government can go upto any level. I personally feel that all the polticians should be brutally killed, this motherfuckers would’nt spare anybody for their benefit, not even their mother.
Now the only solution i can see is that we have to straight away speak to the president or any higher authority of government to solve this ASAP. why can’t they make it simple, as they are seeing howmany people are suffering because of this. otherwise we can warn the government that if the problem is not resolved ASAP all the investors and thier realtives and friends will not vote to any political party henceforth, we can vote for nobody as there is option of this. By doing this they will lose lakhs of votes.

By the way what happened in the investors meeting which was going to held at shivaji park, mumbai on 17th sep?

===================================================

Like everyone else , i have also invested my hard earned money in the company.
initially when the payment of cheques was stopped i was also panicing and geting very hyper,
but eventually i have come

to a conclusion that at this hour when the company is going through such a rough phase , panicking and getting hyper won’t help any of us.
city group has been a trustworthy and reliable company in the history , in my database i never had a cheque bounce.
and we all need to admit tht till now when this problem dawned upon the company , we all were enjoying the benefits to the fullest , no banking institution , no other financial institution promises and delievers such huge returns to its investors , city group did it for so many past years.
we should not create a chaos and havoc and wait till the october meeting,
i am sure that the company wont let our hard earned money drown like this.
my entire family is dependent on this.
and even the court oreder is going to help us .
we all dont need to panic , be calm and wait for the meeting
i am very much sure that the company will come out of this problem and we all will
get back our invested money.

CITY GROUP WISHES ALL ITS MEMBERS

IDD MUBARAK
AND GREETINGS FOR
NAVRATRA UTSAV,

WE ARE ALWAYS PRESENT TO SERVE YOU,
SHORTLY YOU WILLRECEIVE THE INTIMATION OF MEETING SCHEDULE TO BE HELD ON
14th AND 15th OCTOBER 2009
AT WILSON HIGH SCHOOL
AS PER DIRECTIONS OF THE HONOURABLE HIGH COURT OF MUMBAI.

ENCONVENIENCE CAUSED TO OUR MEMBERS
DUE TO UNAVOIDABLE CIRCUMSTANCES IS DEEPLY REGRETTED,
YOUR INVESTMENT IS TOTALLY SAFE
AND REQUEST YOU ALL NOT TO BELIVE IN ANY RUMMORS

- SINCERE REGARDS MANAGEMENT AND STAFF OF CITY GROUP.

CITY GROUP WISHES ALL ITS MEMBERS IDD MUBARAK AND GREETINGS FOR NAVRATRA UTSAV, WE ARE ALWAYS PRESENT TO SERVE YOU, SHORTLY YOU WILLRECEIVE THE INTIMATION OF MEETING SCHEDULE TO BE HELD ON 14th AND 15th OCTOBER 2009 AT WILSON HIGH SCHOOL AS PER DIRECTIONS OF THE HONOURABLE HIGH COURT OF MUMBAI. ENCONVENIENCE CAUSED TO OUR MEMBERS DUE TO UNAVOIDABLE CIRCUMSTANCES IS DEEPLY REGRETTED, YOUR INVESTMENT IS TOTALLY SAFE AND REQUEST YOU ALL NOT TO BELIVE IN ANY RUMMORS - SINCERE REGARDS MANAGEMENT AND STAFF OF CITY GROUP.

Welcome to City Limouzines India Ltd.

City Realcom Ltd. is fast growing, professionally managed Public Limited Company catering all types of Construction, Property Development Activities and related services all over the country and abroad. The Organization is managed by a group of professionals, each having a longstanding industry experience in the field of property development and related services. Together with their experience, expertise and talent, City Realcom Ltd. strives to provide quality commercial, government and residential building spaces and solutions with the best features and facilities, conforming to the highest standards and specifications, in a cost-effective and time-bound manner. City Realcom Ltd is a group company of the City Limouzines India Ltd., an international conglomerate covering a range of organizations, products and services. City Limouzines India Ltd was one of the first organization to offer its fleet management and vehicle leasing services to a large pool of clients in private and public sector. It's a Mumbai-based Public Limited company having its offices at all prominent cities in India . The group quickly diversified into various businesses from City Limouzines to City Airlines. City Realcom is one of the important parts of this huge conglomerate. Right from its inception the Company has worked hard to ensure the hallmark of quality building and construction services in India. So while being one of the youngest companies in India, City Realcom has constantly innovated and improve making it one of the top property development firms today. Today Realcom is thankful to its dedicates success to its over fifty thousand customers, shareholders, and debenture holders. Strength The City team comprises of dynamic young professionals with strong educational background and an industry experience of more than two decades. The time-conscious team procures a proven track record of delivering quality solutions and services using innovative ideas and knowledge of industry standards. We have a distinct corporate culture that gives us a significant leverage in this competitive industry making our business model unique. We focus on providing consultancy and customized solutions that cater to different needs of client, giving incredible results despite of all inevitable constraints. Timely delivery is one of the key issues in the services industry and we are very well aware of the fact. Our project management approach helps us stand by all the deadlines and requirements.

Values

Integrity: We conduct the business not only with business standards but also with highest ethical principles “intellectual, financial and moral, with honesty and transparency that reflects the highest level of commitment to our customers, employees and stakeholders. Conduct :We treat our customers and colleagues with utmost respect - in a manner we would like to be treated ourself. Respect and humanity towards everyone is an integral part of the practices of City Properties.

Leaders: We constantly strive to achieve the highest standards in our day-to-day work and in the quality of services we provide. Unity : We work cohesively with our colleagues, associates, stakeholders and customers, as partners, building a strong relationship based on tolerance, mutual understanding and cooperation. Responsibility: We have a sense of responsibility and corporate accountability towards the country, community, humanity and the environment in which we work, always ensuring that what comes from people goes back to the people with our contributions added in.

About Us 



City Limouzines (India) Ltd. is client-oriented full-fledged company with a unique approach to the
practice of vehicle leasing and fleet management. At City, we are
committed to success through principal involvement and collaborative
project teamwork. City's attitude and dedication to maintain quality
through hands-on principal involvement, open lines of communication,
attention to budgets and schedules, state-of-the-art technology and the
highest standard of customer service has rewarded its clients and staff
with outstanding and cost-effective solutions. 


Vision 


To provide world-class solutions and services to our clients with
innovative and creative ideas, comprehending the emerging technology
and trends 


Mission 

To share business issues with our clients by providing proactive,
quality professional services in vehicle leasing and fleet management
so that their precious time is spent on profit-generating activities
and not in looking for solutions. 

Background of City Limouzines
           

Founded by Mr. S. M. Masood two decade ago, City Limouzines offers its
fleet management and vehicle leasing services to a large pool of
clients in private and public sector. It's a Mumbai-based Public
Limited company having its offices at all prominent cities in India .
While being one of the earliest companies in the fleet management
business in India , City Limouzines has developed ways to make the
vehicle rental process more efficient to time-sensitive business and
leisure travelers. Today City limouzines is thankful to and dedicates
its success to its over fifty thousand customers, shareholders, and
debenture holders. 

Strength

The City team comprises of dynamic young professionals with strong educational background and an industry experience of more than two decades. The time-conscious team procures a proven track record of delivering quality solutions and services using their intellectual brains and knowledge of industry standards. We have a distinct corporate culture that gives us a significant leverage in this competitive industry making our business model unique. We focus on providing consultancy and customized solutions that cater to different needs of client, giving incredible results despite of all inevitable constraints. Timely delivery is one of the key issues in the services industry and we are very well aware of the fact. Our project management approach helps us stand by all the deadlines and requirements.

Dear All, My view on the City Limouzine Scam is completely non- biased. I have been reading most part of this scam and have known many who have been with the company. The basic is the company has been very good to most of its investors. Until date they have not had a single cheque bounce. Their payments were prompt. This has been the bread to many not in thousands , i guess much more than that. A few so called who have complained are nothing but a bunch of people who claim themselves to be great profounders of honesty in society whereas its simply jealousy which is a human nature. I am sure they too have hidden skeletons in their cupboard. Ultimately the complainant is done it for their benefit , little do they realise that they are creating a huge conflict of disharmony and misery to the many who depend on this monthly return for their livelihood. The officials who are investigating, again the so called law makers, keepers are just not bothered about the millions who are suffering. This is how the world is. When one provides a livelihood or shares his profit with many, instead of appreciating.. they tend to pull the structure down. There is nothing called Humanity. Are all thoughts and acts based on books or is there anything called Humanity which is more important in the Universe than the so called constitutional rules. Rules are created for one to follow but not blindly as when a act is performed based on few evil, jealous social elements, we as human beings, where God has given us the power to think and analyse.. rightly, need to take measures by keeping in mind the repercussions, the effect of certain acts, not by blindly attacking but by being logic about the issue. This is the way not just in the material court of justice but even in the Unseen Court of justice there are few rules which is always balanced with all fairness. God is not as unfair as Human justice stands. Human beings are always filled with jealousy, vindictive, malicious, conniving as they can never see the betterment of another.. I wonder if the Government officials and the Hall of great justice is truly being just.. This is a great testing time for the people who are the providers of justice to the millions,.. if they are truly just in their verdict. If one cannot see the hidden motives and the dubious agenda of the complainant .. Its sad that this is the beginning of another calamity as the tears of the millions suffering due to their misery, their bread being snatched away...which leads towards poverty... and misery...is the downfall of the Universe as God gives enough chances for us to stand for the right... But when many such opportunities are given, officials fail to see things in better light, causing suffering to millions.. can just be the beginning towards the end or if choice be we can pass the test and create a better surrounding which is called " Justice through Humanity "... I am eagerly waiting to see if we are heading for our own created disasrous calamity or towards a new beginning .. a new journey.. a new universe.. a new divine Human.. Thank You Warm Regards Gulsha Fawzia

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