Reading: I invested in City Realcom Ltd. in Mumbai, signing two agreements in December 2008 and May 2009. My cheques from the company bounced, and I understand they are now in liquidation with cases before the Supreme Court. The Mumbai High Court appointed a liquidator. I haven’t filed a claim yet, but I’m worried about losing my money. What can I do now, and what steps should I take to get a refund? Please provide complete guidance.

I invested in City Realcom Ltd. in Mumbai, signing two agreements in December 2008 and May 2009. My cheques from the company bounced, and I understand they are now in liquidation with cases before the Supreme Court. The Mumbai High Court appointed a liquidator. I haven’t filed a claim yet, but I’m worried about losing my money. What can I do now, and what steps should I take to get a refund? Please provide complete guidance.

Last updated: August 25, 2025 1:04 pm

Apni Law

10 months ago

Law Forum › Category: Corporate › I invested in City Realcom Ltd. in Mumbai, signing two agreements in December 2008 and May 2009. My cheques from the company bounced, and I understand they are now in liquidation with cases before the Supreme Court. The Mumbai High Court appointed a liquidator. I haven’t filed a claim yet, but I’m worried about losing my money. What can I do now, and what steps should I take to get a refund? Please provide complete guidance.

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Apni Law Staff asked 10 months ago

I invested in City Realcom Ltd. in Mumbai, signing two agreements in December 2008 and May 2009. My cheques from the company bounced, and I understand they are now in liquidation with cases before the Supreme Court. The Mumbai High Court appointed a liquidator. I haven’t filed a claim yet, but I’m worried about losing my money. What can I do now, and what steps should I take to get a refund? Please provide complete guidance.

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Best Answer

Apni Law Staff answered 10 months ago

You should file a claim with the liquidator appointed by the Mumbai High Court. The liquidator will distribute the company’s remaining assets to creditors based on the priority set by the Indian Companies Act, 2013. You should contact the liquidator directly for information on how to file a claim and deadlines.