Seeing all the investors views and comments its very clear that we would be making ourselves fool if the voting is passed, its the best plan of city in fooling the investors, I would want all the investors to stand on a single point to ask the court to order city as below:
1) To return all new investors( below 5 months) principle investment amount.(so that the beginners can close their loans and come out of it with minimal risk)
2) Make a bank guarantee scheme for its old investors - equal or above 5 months old to pay for as promised 60 months with a maximum decrease of 20 - 30% of monthly EMI’s and no maturity amount need to be paid .(so that the investors can handle the burden of paying their loan EMI’s for the whole tenure)
3) No new investments are to be accepted by the company in future.
4) The EOW and court will have to trap CITY’s each and every asset and convert it into currency and make equated calculation to pay all its investors for the completion of all the 60 EMI’s.
5) And considering the situation like most of the investors will have to pay their bank EMI’s with dependence only on CITY’s monthly return mostly for 48 or 60 months. investors can heartily compromise completely on the claim of maturity or preferential share amount.
Hope this is accepted by all catagories of investors and start fighting for such and only simplified settlements and achieve the same by not allowing the CITY group to give its confusing and smart options to investors and escape easily from this business.
Only settlements like this can throw some light on lives of atleast 10 lakh investors and an average 40 lakh of their dependents.
IMPORTANT : (EVERY CATAGORY OR CLASS OF INVESTOR NEED TO OPPOSE THE SCHEME AND BOYCOTT TO TEACH CITY GROUP A LESSON ON TRYING DIVIDE AND RULE POLICY).