I have been reading this site since all this started, after reading this for a long time, I felt its time that I put my views and some facts. I know after reading this review, there would be many people who would criticize or tell bad about me.
I do understand that everybody are frustrated with this happening for the past 4 months. To start with I feel some people are removing money for their personal benefit, because I had visited Zainab Shaikh and Adv Jaiswal’s Office in Fort, what I saw there that they were collecting 3 xerox sets of the documents/receipt, saying that they would be giving one set to the EOW office, keeping the second set for themselves and the third set would be submitted to the high court after the court’s decision is out regarding Masood. God Knows when the decision would be out.
They only take your phone no and your name and ask to give Rs.600. They don’t even bother to ask the details (like which branch have u put the money, date, file no). So people pls think before u pay these people or take some advice from an advocate or a CA so that people like Zainab and Adv. Jaiswal who are trying to become second Masood cannot cheat us. I had been to my Adv. he says that we have to file the claim before the court decision is out and submit our file or document details to the high court. This is because Masood had gone to the high court stating that he has no money and going in losses, but why are we hesitating to go to the court to claim the money before the decision is out.
The bridge between the investors and Masood (City Group) is the Court. We need to let the court know that we are the people who have invested in the company. Masood is such a big cheater even much bigger the Telgi and I am sure that he has not given the list of all his investors to the court, because the proxy form had not reached all investors. I think most of the people do not know what EOW had done in the case of Sherekar, FYI :- People who had invested in Sherekar scheme which was around 11-12 yrs back, people who had invested in lakhs they got only Rs.2000/- and 5000/- after the fraud came up. So people pls think twice before going to Zainab Shaikh and Jaiswal or any such people.