Hello
No company petition filed by any investor or by any association or by
any creditor company of City hospitalties and Co-operative Socities.

Now matter of claiming I will suggest co-operative societies claim
with the particular file whether it is city limouzine or city Realcom
if it is combo plan than claim co-operative socities  with limouzine.
Matter of city Hospitalties, I can say only that it is all sister
companies of city Limouzines. so claim all.

Note:
Some Investors are saying that claim or not to claim, it is no use.
I will say only this it is your money. You are best Judge. If you will
not claim, official liquidator is at all not concerned with your
money. Because official liquidator is only authorized person to sell
and to dispose of the claims. whatever percent it may be.

Hello Interested Invester
Matter for City Realcom Ltd came yesterday on 23/6/2011. and heard the
matter by  JUSTICE  item no 47 cP 235 of 2010 ,CP 325
of 2010 and CP 326 of 2010 and for further argument it is posted to
30/6/2011.

For City Limouzines (I) Ltd Those who have not submitted their claims
must submit their claims. Because When official liquidator is
appointed all the property were to be released to official liquidator
and whoever submits his claim to him. as per that data only he
presents before Court data regarding claim amount and liquidation
amount after liquidating property.

Rest It is your money to claim or not to claim, it  is individual
invester choice.  Making complaint or filing F.I.R is entirely
different, that is  criminal proceedings.

PTI | 10:06 PM,Jun 22,2011
 The Bombay High court today came down heavily on the city police and asked the Maharashtra government what action was being taken against 12 of the 13 accused who were absconding in the City Limouzines fraud case. "We have a serious grouse about arrests. People are being informed that they are going to be arrested so that they can run away. Don't say that you (police) cannot arrest these people," Justice Ranjana Desai of a division bench remarked. A criminal PIL was filed by the City Group Investors Association (CGIA) seeking action against Cuffe Parade-based company, City Limouzines (India) Ltd, accused of defrauding people by making them invest for a car in return. About 1700 members of the Association have invested at least Rs 2 lakh each on an average, in the scheme, said President of the CGIA Zainab Shaikh. CGIA lawyer Mubin Solkar pleaded that the state government should attach the properties owned by the company to recover the money of the investors. The firm owned 25 properties across Maharashtra, the CGIA members said. The only person arrested by the police is the chairman of the company Sayed Massod Jamadar, while 12 others accused are absconding. The court summoned Nagpada police officers and asked them to file an affidavit on the progress of investigations in two weeks. However, the court said it would appreciate if police arrested the absconding accused within this period. As per the scheme floated by the allegedly fraudulent company in 2007-08, each investor was made to pay Rs 97,907 and a Maruti Omni was promised to be purchased under his/her name. Although the vehicle would be handed over to the investor only after five years, he/she would earn a fixed sum of Rs 4,000 every month as the vehicle would be rented out by City Limouzines until the five year period was over.

City Limouzines already ordered for winding up dated in CP 234 of 2010 dated 3 Dec 2010.
Realcom matter posted for 23/6/2010 in CP No 235 of 2010.

one more is coming please do before people got CHEATED. gold harvest company same like city limousine  
 

The Bombay high court on Wednesday directed the Economic
Offences Wing (EOW) of the Mumbai police to submit a status report in
investigation of City Limouzine cheating case within two weeks.

A division bench of Justice Ranjana Desai and Justice R V More, while
hearing public interest litigations (PILs) filed by several investors,
observed: "It is a big racket where several people have been cheated
and needs to be investigated."

Thousands of investors across the country lost their money in the
investment scheme floated by City Limouzine. In 2002, the company,
promoted by Sayed Masood, offered investors a return of 48% on their
investments. On an investment of Rs 97,000, the company offered
investors Rs 4,000 every month for five years. The amount collected by
the company was to be used to purchase Maruti Omni cars, which were to
be registered in the names of investors. The investors were to be paid
the profit from the income generated by giving these vehicles on hire.
At the end of the five-year period, the vehicle was to be returned to
the investors.

In 2007, cheques issued by the company started bouncing. The company
promised to return the investors' money and even held a meeting with
them. But the company failed and Masood and other directors were
arrested. The Enforcement Directorate is also investigating the case
under the Prevention of Money Laundering Act.

http://timesofindia.indiatimes.com/city/mumbai/HC-seeks-status-of-City-Limo-probe/articleshow/8782923.cms

Mumbai, Jun 8 (PTI) The Bombay High Court today directed the Economic Offences Wing (EOW) of Mumbai police to submit a status report within two weeks on the investigation in the City Limouzine cheating case. A division bench of Justices Ranjana Desai and R V More, while hearing public interest litigations filed by several investors observed, "It is a big racket where several people have been cheated and needs to be investigated." The Enforcement Directorate, under the Prevention of Money Laundering Act (PMLA), and EOW are jointly probing the case. Meanwhile, the court also directed an officer from the ED to remain present on the next date of hearing. Thousands of investors from Nashik, Mumbai, Delhi, Chennai, Kolkata and from Rajasthan, were left in the lurch since August last year when cheques issued by the City Limouzine company toward returns on the investments bounced. The EOW has so far attached 25 properties, comprising of flats and official premises, belonging to the company promoted by one S M Masood. It has frozen 56 bank accounts of the company whereas the ED has also attached four properties.PTI SP NSK


http://ibnlive.in.com/generalnewsfeed/news/bombay-hc-asks-eow-of-status-report-on-city-limo-cheating-case/719681.html