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SKS SKS @mouthshut19az
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Commented on rohit_k's review
Analysis of the Scheme of Arrangement City Limouzines
Rohit If you have interpreted correctly tell me one thing, why they are now paying you right now???????????????
No optimistic view for citylimouzine should be tolerated any more. They are frauds. they were all telling lies. They have made a great asset and so many companies from the company and now they just want make a fight within us and within mean time want to clear all legal hurdle by paying the principl...e part only. Thumbs down to their proposal......... We should ask for 60 cheques....... I am against the proposal in its form..................Read More
Commented on realearners7's review
Mr. Masood the barveheart -the patriot? City Limouzines
Commented on mhatreprasad's review
For the members of City Limouzines (India) Ltd………. City Limouzines
Commented on PCJAIN's review
CITY LIMOUZINES City Limouzines
the capital can only be from co-operative society......... in case of realcom find the lines......... Rs 775/- towards FD
the scheme also says issued subscribed paid up capital of equity share and preferential share only............. from where came the debantures??????????? How do you remember?????? just misguiding................. is there any customers who are having debantures?????????? if there are any let them ...mention here otherwise don't confuse innocent customers.............Read More
Commented on investor333's review
7 % per annum ! shocking---- Investors ?????????? City Limouzines
why in doubt . go to citylimouzine site and you will get the same. the problem is they are forcing us to accept 7 % instead 48%. But actually if they cannot pay let them declare bankrupt. atleast court will evaluate them and chance is that we will get more ( the amount they are proposing are with t...hem). So oppose the proposal in its form ask for original agreement enforcement.Read More
Commented on grekha's review
Delhi Investors-City Limouzine City Limouzines
friends who are new to the company i.e. within 3 months should ask for complete refund as per agreement wordings and send them a registered letter immediately. And for them above 3 months should go against the present form of agreement and tell them to come with a new proposal to less but for the ...whole time due to us ( as I believe they may be in real financial crisis). I do not feel any reason to blindly accept this present form of proposalRead More
Commented on amanchinmaya1234's review
Requesting Dear City Investors City Limouzines
The court copy of order serves no meaning friends. Has anybody received the proxy voting forms which is supposed to be sent by the company? If the letter is really meant for you they will send a postpaid envelope with proxy voting form for those who cannot attend the meeting and an authority letter ...for those who want to send any other person to represent them in the meeting. ( one who have been a shareholder of a company and asked for proxy vote might have seen how the voting in a company is done). And if the meeting is not meant for you they will never send the same voting form but distribute the court copy to make you confused...................... Read More
Commented on guba1975's review
City Limz psibiites City Limouzines
Commented on HANUMAN734's review
PROXY fORM City Limouzines
Commented on molder78's review
City Limouzine cheque bouncing situation update City Limouzines
The court copy of order serves no meaning friends. Has anybody received the proxy voting forms which is supposed to be sent by the company? If the letter is really meant for you they will send a postpaid envelope with proxy voting form for those who cannot attend the meeting and an authority... letter for those who want to send any other person to represent them in the meeting. ( one who have been a shareholder of a company and asked for proxy vote might have seen how the voting in a company is done). And if the meeting is not meant for you they will never send the same voting form but distribute the court copy to make you confused...................... Read More
Commented on venkata12's review
LATEST UPDATE (CALL TO EOW) City Limouzines
for Maharashtra friends I just went through a site which contains the daily crime reports and daily press release of mumbai police on the internet but written on marathi. I believe if something from police department will come, it will come there. Hence requesting all marathi friends to regu...larly go through the site and inform. http://www.mumbaipolice.org/daily%20crime%20report.htm For non-mambai friends- as we will not be able to write to mumbai police in person please give the crime details of Masood and his company on this website so that the mumbai police may note the seriousness of the crime. http://www.mumbaipolice.org/complaint_info.htm hope u all will contribute for the causeRead More
Commented on CitiReal's review
Amount will come. City Limouzines
Dont sleep. u r not investors but preferential share holders.(check ur legal document if in doubt) so voting is only for creditors (lenders) and not for share holders
Commented on quickrajesh's review
Update from delhi City Limouzines
Don't sleep, u r preferential share holders not creditors. The creditors are the bankers who have lended them. and their meeting is on 7th not yours.
Commented on rocky34's review
Court order on 9.9.09 for petition City Limouzines
Don't sleep, u r preferential share holders not creditors. The creditors are the bankers who have lended them.
A company starts its business and for its capital requirement issues preferential shares to the individuals for time to time and gives them money as agreed upon in the memorandum of understanding from time to time. It also takes money from lenders and financial institutions as normal companies do.... Now one fine day it finds that it is not possible for him to run the organization more at the current scenario. So he hires VN Associate to start the winding up the company as per companies act. Now VN Associate asks for immunity for its company directors from section 139 of instruments negotiable act as they aqre going for a wind up condition. In addition as the creditors( not preferential share holders) have the primary right over its capital, it asks them for a meeting after 21 days at Mumbai. As the company is in the winding up stage ( as it has three months immunity from paying its preferential share holders as per written agreement) it goes on emptying its bank accounts made for preferential share holder’s payment and sends them sms that thhey are doing some auditing work as per government instruction and hence the no cash situation in its account. The poor share holders have no option but to wait for the dates mentioned in the sms. After the clearance from creditors the company will appoint a liquidator as per instruction from mumbai high court and will prove it to the court that there is nothing left to pay its preferential share holders and hence instruct as they deem fit. The court will close the matter by instructing that as per provided balance sheet of City Limouzine we are officially winding up the company registered with ROC, MCA with payment of 0/- to its preferential share holders. And it will be the end of City Limouzine Story.Read More
Commented on kupidforte's review
THE REAL COM OF CITY LIMOUZINES City Limouzines
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Name: SKS SKS
Hometown: NEW DELHI, DELHI
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