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FIR Filed Against Flipkart Founders For Alleged Cheating

The case pertains to non-payment of dues by Flipkart to C-Store Company for laptops it supplied, officials at the Indiranagar police station in Bengaluru said.

Deepa Balakrishnan | CNN-News18deepab18

Updated:November 27, 2017, 11:03 PM IST
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FIR Filed Against Flipkart Founders For Alleged Cheating
When contacted for its reaction, Flipkart said it did not wish to respond for now. (Image for representation only)
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Bengaluru: A First Information Report (FIR) has been filed against e-commerce giant Flipkart founders and a few other company officials for allegedly "cheating" a businessman to the tune of Rs 9.96 crore, police said.

The case pertains to non-payment of dues by Flipkart to C-Store Company for laptops it supplied, officials at the Indiranagar police station in Bengaluru said.

They said an FIR has been registered against Flipkart's Sachin Bansal, Binny Bansal and a couple of company officials, based on the complaint by C-Store Company's Naveen Kumar.

According to the complaint, C-Store had entered into a contract with Flipkart for supply of laptops along with other
electronic goods for its sale to Flipkart for the big band day sales, and supplied about 14,000 laptops, police said.

Flipkart, which returned about 1,480 units, did not pay for the remaining, the complainant said, adding that the other charges, including shipping had also not been paid.

The complaint alleges that there has been cheating to the tune of Rs 9.96 crore, police said.

A case has been booked under different sections of IPC, including cheating and criminal breach of trust, an official involved in the investigation said.

Flipkart termed the complaint an "endeavour to harass and pressurise the company'.

"The complaint filed is false and baseless. Flipkart strongly denies all the allegations and averments made in the FIR in entirety. Further, Flipkart is exploring all available legal possibilities to safeguard its interests, including but not limited to initiating proceedings for defamation against the complainant. The FIR appears to be nothing but an endeavour to harass and pressurise the company to succumb to baseless demands," said Flipkart in a statement.
(Get detailed and live results of each and every seat of the state Assemblies in Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you put on the psephologist's hat. Know interesting facts and trivia about the elections. Elections = News18)
| Edited by: Bijaya Das
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