Founders of Flipkart Sachin Bansal and Binny Bansal booked for 'cheating' businessman

BENGALURU: E-commerce major Flipkart founders

Sachin Bansal

and Binny Bansal and three employees of the company have been booked for allegedly

cheating

a businessman of Rs 9.96 crore by not clearing the dues the company owed him towards 12,500 laptops he had supplied.

Sachin Bansal, Binny Bansal, sales director Hari, accounts managers

Sumit Anand

and Sharauque among other employees have been named in the FIR registered on the basis of a complaint lodged by Naveen Kumar, owner of Indiranagar-based C-Store Company.

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.
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A copy of the FIR is with the TOI. Indiranagar police have said that a case has been registered under IPC sections 34 (common intent), 406 (criminal breach of trust) and 420 (cheating), and a probe was on.

Sachin Bansal and Binny Bansal are among those named in the FIR filed on the basis of a complaint lodged by Naveen Kumar, owner of Indiranagar-based C-Store Company.

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