Commented on own review
Apr 01, 2012 05:50 PM
The Hon’ble High Court in Mumbai has passed orders of liquidation of City Limouzines and realcom
Commented on own review
Jan 25, 2012 01:33 PM
good news ---------------------------------------------------------------------------------------------------
Reviewed City Limouzines
Jan 19, 2012 04:33 PM
13639 Views
(Updated Feb 20, 2018 09:05 AM)
Enforcement Directorate(ED) as put the case in Chennai high court on 06/06/2013.For criminal conspiracy, cheating and breach of trust. Masood was booked by ED under Prevention of Money Laundering Act. latest information about this City Limouzines fraud company. MICK 9962704948
...Read more
Commented on shivanikadam's review
Jan 19, 2012 04:18 PM
City Limouzines (India)Ltd
I. Gist of the Case: -
On 19.09.2009 one Tmt. Subulakshmi, F/Age.49, W/o. Sambandam, Manapakkam, Chennai -116 presented a petition to the Commissioner of Police, Chennai alleging that she had deposited a sum of Rs. 4,20,000/- in City Real Com and the cheques issued by... the company had bounced from the month of August 2009. She further stated that having believed the advertisements given by this company, about 35,000 depositors had deposited money to tune of Rs.735 crores with the company. In this connection, a case in CCB Cr.No.456/09, u/s. 409, 420 IPC and Sec.5 of TNPID Act was registered. As per the proceedings of the Director General of Police in Rc.No.159733/Crime I(1)/09, dated 22.09.09, this case was transferred to Economic Offences Wing and the same was re-registered in Economic Offences Wing-II Cr.No.2/09, u/s. 409, 420 IPC and Sec.5 of TNPID Act and taken up for investigation on 23.09.2009.
II. Accused Details: -
Accused Arrested
1. Syed Mohammed Masood
2. Geetha Umar Razakki
3. Mohammed
III. High Lights:-
1.Cr.No,2/09 u/s 409, 420 IPC r/w 5 of TNPID Act
2.Total amount involved: Rs.735 Crores
3.Total No. of depositors: Rs.35000
4.Police complaints: 5357 depositors
5.Amount involved in Police complaints: Rs.59 Crores.
6.Amount settled: Nil
IV. Efforts taken by EOW-II:-
1. Proposal for Ad-interim attachment of Rs.74,98,31,400.99 was sent to Government on 25.01.2011 and is pending in the Law Department.
V. Details of Property: -
1. 18 immovable properties worth about Rs. 31 Crores
2. Cash Rs.5,000/- is available with DRO.
3. Freezed 11 banks amount Rs. 74 crores
4. Movable properties worth Rs. 3,61,370/-
VI. Latest Development: -
The Hon’ble High Court in Mumbai has passed orders of liquidation of City Limouzines (India)Ltd High Court of Bombay in Company winding petition No.234/10 winding ordered dated 03.12.2011. Official Liquidator /Mumbai Dr. T. Pandian, dated 01.1Read More
