Flipkart founders Binny and Sachin Bansal and three other executives have found themselves into another legal battle. As per the recent report by TOI a Bengaluru businessman Naveen Kumar, owner of C-Store Company has filed an FIR against them for a Rs 9.96 crore fraud.
The copy of FIR with TOI quoted 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.
According to reports, the Indiranagar Police have registered a case under IPC sections 34 (common intent), 406 (criminal breach of trust) and 420 (cheating), and a probe is being conducted.
This is not the first occasion that Flipkart has gotten involved in legal problems. Last July, the company was served with a legal notice by former COO Nitin Seth alleging wrongful termination. Last month, it got into a problem with All India Online Vendors Association (AIOVA) regarding a technical issue that led to the wrongful recording of weights for various shipments.