Flipkart founders booked for allegedly cheating a businessman

Flipkart.com founders Sachin Bansal and Binny Bansal along with three other executives are booked under different sections of Indian Penal code for cheating a Bengaluru based businessman, according to a report published in Times of India. Businessman filed a case of cheating in Indiranagar Police station of Bengaluru district worth Rs.9.96 crores by not clearing his dues that company owed towards him.

Flipkart headquarters

The complaint filer, Naveen Kumar of Information Technology company C-Store in Bengaluru’s Indiranagar area alleged that he had fulfilled a order of 14,000 laptops to the company for it’s much popular Big Billion Day Sale between June, 2015 to June, 2016. Out of these laptops 1,482 laptops are returned back to him, and company did not pay for other units as well as shipping charges worth Rs.9.96 crores, said a FIR filed by him on 21st November, 2017.

However, Flipkart denies these charges and all allegations are rejected by them. According to a spokes-person from Flipkart, It is a mere publicity stunt and are they are looking for all legal options against the case filer including defamation. Spokes-person also adds that the FIR appears to be nothing but an endeavour to harass and pressurise the company to succumb to baseless demands.

On the basis of complaint, case is booked against Sachin Bansal, Binny Bansal (co-founders of Flipkart.com), Hari (Sales Director), Sumit Anand and Sharauque (Account Managers) under IPC sections 34 (common intent), 406 (criminal breach of trust) and 420 (cheating).

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