I have invested Rs.1, 25, 000 in City Realcom Ltd, Regd. Head Office: (View Tour) 102, B-Wing (10th Floor), Mittal Tower, Nariman Point, Mumbai 400 021 (INDIA) Tel : (91-22) 2202 8090, 2202 8093, 4069 0000 Fax : (91-22) 2202 8094, 2202 8098 through account payee cheque dated 15-06. The money was deposited through their Delhi office through cheque payable at Delhi. The company issued receipt No.13390 dated 15-06. The amount was debited from my account on 17-06. The company entered into an agreement dated 17-06 with me. As per the agreement the company was to make repayment of the amount with interest/profit earned out of my money invested by them in monthly installments of Rs.8800 each month. The company sent me six post dated cheques of Rs.8800 to be encashed on 17th each month for the first six months. First cheque dated 17-07 was honored by their Banker but subsequent cheques dated 17-08-09 and 17-09-09 have been returned unpaid by their Banker for want of sufficient funds in their account. I was told on telephone (No. 011- 46567617) from their New Delhi office Suite No.505, (5th Floor) E-Block, International Trade Towers, Nehru Place, New Delhi.110 019 that the matter is being looked into and will be sorted out shortly. Now all the telephones of their Delhi and Bombay offices are not responding. Please take necessary action so that my money is not swallowed by the company.
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