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 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.
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