FOUNDERS OF THE INDIA’S BIGGEST ONLINE SHOPPING PORTAL FLIPKART BOOKED FOR CHEATING A SUPPLIER TO THE TUNE OF RUPEES 10 CRORES

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Flipkart supposed to be one of the biggest online shopping portal existing in India which has a turnover of nearly 10 thousand crores and the company’s net worth goes into the room of around 11.6 billion dollars. The darker side of the company seems to have come into the limelight due to the cheating case filed by a Bangalore based businessman against the founders of the company, Sachin and Binny Bansal along with their three more employees. The police have booked them based on the complaint filed by Naveen Kumar, the owner of an Indiranagar based C-Store company…

The news seems to be unbelievable but its true. Based on the reports published in the national news media Time of India, the founders of the online shopping portal Flipkart, Sachin Bansal and Binny Bansal along with three more employees of the company have been booked for allegedly cheating a businessman to tune of Rs. 10 crores. The company supposes to have cheated the Bangalore bass businessman by not clearing dues of Rs. 9.96 crore to be precise.

The reports further say that the businessman Naveen Kumar, owner of Indiranagar based C-Store company had supplied 12,500 laptops to the Flipkart online store that belongs to Sachin Bansal and Binny Bansal.

The businessman has registered an FIR in this regards on Sachin Bansal, Binny Bansal, sales director Hari, accounts managers Sumit Anand and Sharauque among other employees. In his complaint lodged on November 21, Naveen has said that he had entered into a contract with Flipkart to supply laptops and other electronic goods, and had supplied 14,000 laptops to the company between June 2015 and June 2016 for its Big Billion Day sale.

“Flipkart returned 1,482 units but did not pay for the remaining units. TDS and shipping charges for those units too were not paid. When asked to clear the dues, Flipkart falsely claimed it had returned 3,901 units. By not clearing the dues, they have cheated me to the tune of Rs 9,96,21,419,” the FIR says.

The police sources in Indiranagar town police station have confirmed that the FIR has been filed under IPC sections 34 (common intent), 406 (criminal breach of trust) and 420 (cheating), and a probe was on.

The above case is very serious as such kind of cases gives rise to more such events. The big businesses need to set the trend which can be followed by the others and if they set such trends then what will be the future of our country? Please share your views on this issue.

SOURCE: TOI | DAILY-O | NEWS18

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