
Ahmedabad trader cheated of Rs 31cr by TV supplier
The complaint states that the accused company failed to supply television units despite receiving large advance payments.
The complainant, who has operated a TV and AC distribution business in Ahmedabad for over three decades, entered into a business agreement with a firm that initially supplied TV units of a well-known international brand. Over time, the firm launched its own brand and assured continued supply with high profit margins.
On this basis, the distributor began purchasing TVs under the new brand name.
Between June 2022 and July 2023, the distributor transferred Rs 79.87 crore to multiple accounts operated by the Bengaluru company. Of this, around Rs 2.61 crore was refunded, and TVs worth approximately Rs 45.59 crore were delivered. However, goods worth Rs 31.66 crore were not delivered.
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Despite multiple follow-ups, the company did not supply the remaining stock or return the advance amount. After July 2023, communication from the accused company declined sharply. Meetings in different cities were unproductive, and the distributor alleged intentional delay and deceit.

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