Oct 13, 2009 10:03 AM
2844 Views
Now, investor’s lawyer appears for City Limo chief
C Unnikrishnan | TNN
Mumbai: In a twist in the City Limouzines cheating case, an advocate who fought against the company two weeks ago is now fighting for the company’s chairman. Advocate Rajesh Singh had represented one of City Limouzines’ investors in the Bombay high court and objected to company’s plea seeking a stay on all civil and criminal proceedings. But on Monday he appeared in the sessions
Court on behalf of City Limouzines chairman S M Masood seeking anticipatory bail. Singh defended his action, saying he had taken the consent of the investor in question before appearing for Masood. In the high court, the company had moved an application in the court of Justice S J Kathawala for restructuring the debts.
The company had also urged the court to grant a stay on all proceedings it on account of bounced cheques when Singh intervened. The court however did not grant a stay.
City Limouzines is under investigation for defaulting on returns to be paid to thousands of investors. On Monday, in the sessions court where the anticipatory bail application of Masood is being heard, advocate Bhavesh Parmar objected to Singh representing Masood. Parmar who had filed a PIL in the high court, seeking proper investigation by the economic offences wing of the city police, plans to intervene against the anticipatory bail.
The sessions court made no observation on Monday, and adjourned the matter to October 15. Singh’s action has not gone down well with the economic offences wing. A police officer said the department would take it up with the proper authorities.
Meanwhile, the public prosecutor alleged that Masood was playing mischief by not turning up in the court. The court has insisted that Masood be present on October 15.
Meanwhile, Singh said the meeting of the creditors scheduled for October 14 and 15 will be held at Wilson Gymkhana at Marine Lines.
