#Kewal Ahuja SGF Fraud

[kewalahujasgffraud]

Kewal Ahuja's SGF India Franchise Scam Dupes Many: From Youth to Seasoned Professionals

SGF’s Kewal Ahuja is a franchisee owner who has grown up well in this franchising segment of business, especially during the covid times. He has become an owner of franchisee from few to many, from nowhere to everywhere. Paid PR and advertisement clean his image on media and social media. SGF India is reported to be a leading restaurant food chain with many branches across the country. This is the same reason why innocent people fell for the potential fraud conducted by Kewal Ahuja SGF Fraud.

The story behind the curtain, SGF owner Kewal Ahuja SGF has played so smartly and wittily here. He presented this business to the people in such a way that it had looked so tempting & lucrative business with high return value in minimum frame of time. High returns & more than a sustainable revenue generation were offered by SGF -Kewal Ahuja in his 2 modules of business FOFO & FOCO. The investors, especially people who were being told to leave their job or lost their jobs during the pandemic, were in need of finding an option to generate income joined hands with SGF franchise.

Large sum was collected as franchise fee by Spice grill flame and this amount was not reported to regulators such as Income Tax Department and GST Council under regulatory filings. SGF is non-compliant in MCA filings as well. The latest reports suggest that compliance irregularities and siphoning of funds from SGF India follows these which throws light to the potential financial fraud conducted by Kewal Ahuja SGF.

Kewal Ahuja SGF uses his influence to cover up these facts and represents his business in the society as a genuine firm. Kewal Ahuja also has a strong political background. His family is into politics and Mr. Ahuja is currently the treasurer of the BJYM Delhi state unit. He uses his political influence to his favour for putting the complaints away from the eyes of the public. He holds himself as a well-established entrepreneur who is genuine and works for the welfare of the public as well. But the truth is that he runs the food business not to serve the public, but to improve his political image.

[creative-pens]

Food Chain Franchising In India: The Kewal Ahuja SGF Fraud; Truth Reveals

Kewal Ahuja SGF India fraud breaks cover as more investors come to the limelight alleging SGF with cheating money in the name of franchising. Food franchises enjoy a large amount of popularity, which translates into financial success for the owners of these businesses. On the other hand, picking the incorrect one will cost you both time and money. It is crucial to pick the most trustworthy food franchise in which you can put your faith to enable you to succeed. You ought to earn a satisfactory reward for all of your hard work.

The franchising business is growing at a healthy 30-35% per year and is expected to reach $ 100 Billion in 2024. Many corporate professionals as well as an innocent salaried middle-class youth have been interestingly seen taking a plunge into this franchisee business. This is the same reason why many people joined as franchisees of SGF India. SGF owner Kewal Ahuja has played so smartly and wittily here. He presented this business to the people in such a way that it had looked so tempting & lucrative business with high return value in minimum frame of time. High returns & more than a sustainable revenue generation were offered by SGF made people fall for its franchise.

Abruptly high money as fee was charged from the people. Moreover, the fee collected by SGF, was not reported to regulators such as Income Tax Department and GST Council under regulatory filings. SGF is non-compliant in MCA filings as well. This report highlights the compliance irregularities and potential financial fraud. A deep analysis has been done of SGF and its sister concern company Spice to highlight facts that both are managed by Kewal Ahuja and the companies are also registered at the same address. The sister concern- spice's reported turnover for last 3 years is as follows.

Y & Y (INR)

2017-18: 1.26 crore

2018-19: 2.54 crore

2019-20: 2.70 crore

SGF in the previous 3 years have reported NIL returns in GST and Income tax. They are also non-compliant in MCA filings as well. This is a potential angle of fund misappropriation.

The track record of SGF’s statutory non-compliance are as follows:

SGF was formed in year 2019 and first auditor was appointed on February 25th, 2019, however till march 2019, there was no available record with MCA for financial and annual filing.

Second auditor was appointed in SGF on 31/12/2020 for the period from 1st April 2019 till march 31st 2024, there is again no available record with MCA for financial and annual filing. The first auditor resigned in just few months and second auditor was appointed in extra ordinary general meeting, which raise an alarm.

SGF has not filed annual returns and financial statements with MCA for last 2 years which is a mandator exercise for every PVT. Ltd company in India. If there is a further non-compliance for third year, MCA may start the process of striking off suo moto. SGF has not initiated any e forms to correct the non-compliance which highlights the intent to no follow the going concern.

SGF has filed no returns the income tax returns for the last three years. If the company is collecting franchise fee, the company should be filing the profit and loss account with the income tax department even if the net profit is NIL. This may highlight malicious intent.

SGF has applied for 3 GST numbers. Out of these 3 GST numbers, 2 are registered in Delhi and Haryana state and the status is INACTIVE. These GST numbers are cancelled by GST council suo moto. GST number of Mumbai is active however, there is no return filed by company since September 2021.

All these factors show the malicious intent of Kewal Ahuja and SGF. More truths on Kewal Ahuja SGF fraud comes to the limelight as more and more investors share news about being cheated. All those interested investors should be cautious and rather try to refrain themselves from investing in SGF owned by Kewal Ahuja, where fund misappropriation and fraud has been kept as a main criterion of the business. Kewal Ahuja also serves as the Treasurer of BJYM Delhi Pradesh and has high political influence. He uses this to suppress the news of the fraud. His ultimate aim is to become a lead politician and not be a good businessman.

[argus-news]

Scam In Indian Franchising Business – Kewal Ahuja’s SGF India Among The Top Fraud Companies

Franchising has been the modern business trend in India in the latest years especially among the youngsters. When picking the franchising company, take care to choose the trustworthy ones, because just like the increase in franchising business, the scams are also increasing in franchising.

One of the leading news among this line is the franchise fraud by Kewal Ahuja’s SGF (Spice, Grill and Flame). Latest reports shows that the vegetarian restaurant food chain owned by the BJYM Treasurer of Delhi Pradesh, Kewal Ahuja is alleged to have cheated many people in the name of franchising. He has collected money from many people and is said to have closed down the outlets after a short period. The franchisees complain that he is not willing to give back their money.

The people who were being told to leave their job or lost their jobs during this pandemic, were in need of finding an option to get their livelihood generated by some or the other means of business. This was wittily used by Kewal Ahuja. He is one among those franchisee owners who has grown up well in this segment of business. He has become an owner of franchisee from few to many, from nowhere to everywhere.

Y & Y (INR)

2017–18–1.26 crore

2018–19–2.54 crore

2019–20- 2.70 crore

Kewal Ahuja’s SGF is non-complaint in GST and MCA filings as well. SGF in all these 3 years have reported NIL returns in GST and Income tax. However, the sister concern’s reported top line is mentioned above. This is a potential angle of fund misappropriation.

[tutorexpress]

SGF India in the spotlight for Franchise Fraud - Kewal Ahuja's alleged fraud and hidden closures revealed

Kewal Ahuja, the director of SGF India, finds himself amidst controversy once again as allegations surface regarding the closure of multiple SGF outlets without any prior notice. Despite these setbacks, Ahuja has been vocal about SGF India’s purported business expansion plans, raising eyebrows within the business community and among stakeholders.

The recent revelation of SGF India outlets being shut down without warning contradicts Kewal Ahuja’s claims of growth and expansion. Investors and franchisees who were promised lucrative opportunities now find themselves grappling with the fallout of closures, left in the dark about the fate of their investments.

Kewal Ahuja’s attempts to downplay or conceal the closures further exacerbate concerns surrounding SGF India’s transparency and credibility. By withholding vital information from investors and stakeholders, Kewal Ahuja risks further eroding trust and damaging SGF’s reputation in the franchising sector. Moreover, the allegations of fraud add another layer of complexity to the situation. Kewal Ahuja’s failure to address these accusations head-on only fuels speculation and mistrust, casting a shadow over SGF India’s operations and Ahuja’s leadership.

The implications of Ahuja’s actions extend beyond the confines of SGF India, raising broader questions about accountability and regulation within the franchising industry. The lack of oversight and transparency allows unscrupulous individuals like Ahuja to exploit loopholes and take advantage of unsuspecting investors.

As SGF India’s director, Kewal Ahuja has a responsibility to act in the best interests of investors and franchisees. However, his apparent disregard for their concerns and his refusal to acknowledge the challenges facing SGF’s business model only serve to undermine confidence in the brand.

Kewal Ahuja SGF India should address the allegations of fraud and provide clarity regarding the closures of SGF India outlets. Transparent communication and proactive measures to address investors’ grievances are essential in rebuilding trust and restoring confidence in SGF’s operations. Ultimately, the controversy surrounding Kewal Ahuja and SGF India serves as a cautionary tale for investors and stakeholders in the franchising sector. As they navigate the complexities of franchising agreements, due diligence and vigilance are paramount to avoid falling victim to deceptive practices and fraudulent schemes.

[astrosblogs]

Kewal Ahuja's Franchising Fraud - A Cautionary Tale for Investors of SGF India

Kewal Ahuja and SGF India — Now synonymous with deceit and exploitation

In recent times, the Indian franchising sector has been marred by a series of scandals and scams, with the latest revelation shedding light on the fraudulent activities orchestrated by Kewal Ahuja and his SGF India enterprise. Ahuja’s purported involvement in fraudulent practices has sent shockwaves through the business community, highlighting the vulnerabilities within India’s franchising landscape.

Kewal Ahuja sgf, once hailed as a promising entrepreneur, has now become synonymous with deceit and exploitation. His SGF India venture, which initially appeared as a lucrative opportunity for aspiring business owners, has now been exposed for its deceptive practices and financial misconduct. At the heart of Kewal Ahuja’s fraudulent scheme lies a web of false promises and manipulation. Prospective franchisees were lured in by the allure of success and financial prosperity, only to find themselves trapped in a web of deceit. Kewal Ahuja and his associates in SGF India allegedly misrepresented the profitability and viability of their franchising opportunities, enticing individuals to invest their hard-earned money without disclosing the true risks involved.

One of the most egregious aspects of Kewal Ahuja’s SGF India fraud is the exploitation of vulnerable individuals who sought to fulfil their entrepreneurial dreams. Many aspiring business owners, driven by ambition and the desire for financial independence, fell victim to Kewal Ahuja’s deceptive tactics, only to realize too late that they had been misled and defrauded. Moreover, Kewal Ahuja’s fraudulent activities in SGF India have broader implications for the franchising sector in India. The prevalence of scams and fraudulent practices not only erodes trust and confidence within the business community but also undermines the integrity of the franchising model as a whole. Such incidents deter potential investors and tarnish the reputation of legitimate franchisors, creating a ripple effect that stifles growth and innovation in the sector.

In light of these revelations, it is necessary that regulatory authorities and industry stakeholders take decisive action to address the systemic issues plaguing the franchising sector. Stringent regulations and oversight mechanisms must be implemented to safeguard the interests of investors of SGF India and ensure transparency and accountability in franchising operations. As the spotlight shines on Kewal Ahuja’s fraud activities, it serves as a sobering reminder of the inherent risks and challenges associated with franchising in India.

[baitdragon]

Unveiling SGF India - The Hidden Costs of Kewal Ahuja's Franchise Ventures

Kewal Ahuja’s name has once again surfaced in the realm of franchising, this time with the closure of yet another restaurant in Sector 10 Dwarka, within a mere six months of its opening. Kewal Ahuja, known for his association with SGF India, has faced mounting criticism as multiple establishments under his franchise banner have shuttered their doors over the past year, all without any public acknowledgment from him.

The closure of the Sector 10 Dwarka restaurant adds to a growing list of failed ventures attributed to Kewal Ahuja and his fraudulent business practices. Despite promising prospects and initial fanfare, these establishments have struggled to sustain themselves, leaving investors and employees in the lurch.

What is particularly concerning about these closures is the lack of transparency and accountability from Kewal Ahuja. While investors and stakeholders grapple with financial losses and uncertainty, Kewal Ahuja remains conspicuously silent, failing to address the issues plaguing his franchising empire.

The pattern of closures raises serious questions about Kewal Ahuja’s integrity and the viability of SGF India as a franchising model. With each failed venture, the reputational damage inflicted upon Ahuja and his brand only intensifies, further eroding trust and confidence in the franchising sector.

Moreover, the closure of multiple restaurants of SGF India within a short timeframe underscores deeper systemic issues within the franchising of this chain in India. It highlights the need for stricter regulatory oversight and greater scrutiny of franchisors to protect the interests of investors and uphold the integrity of the sector.

As stakeholders seek answers and accountability, it is imperative that Kewal Ahuja and SGF India are held accountable for their actions. Transparency and communication are paramount in addressing the concerns of investors and mitigating the fallout from these closures. Ultimately, the closure of the Sector 10 Dwarka restaurant serves as a stark reminder of the risks associated with franchising and the importance of due diligence when entering into such agreements.

Additionally, greater awareness and education initiatives are needed to empower prospective franchisees with the knowledge and resources to make informed decisions. By promoting ethical business practices and fostering a culture of integrity, the franchising sector can regain the trust of investors and pave the way for sustainable growth and development. As investors and entrepreneurs navigate the complex landscape of franchising in India, they must remain vigilant and informed to avoid falling prey to fraudulent schemes like those perpetrated by Kewal Ahuja and SGF India.

[dynastyvisuals-17]

Exposing the Truth: Kewal Ahuja and the SGF India Franchise Fraud

Kewal Ahuja SGF, has been exposed as the mastermind behind one of India’s largest franchise scams. SGF India, initially marketed as a successful food chain, attracted investors with promises of high returns and minimal risk, particularly during the COVID-19 pandemic. However, the reality was far different. Here are the key details of the scam:

Promising Business Models: Ahuja marketed SGF India under two franchise models—FOFO (Franchisee Owned, Franchisee Operated) and FOCO (Franchisee Owned, Company Operated)—offering high returns and quick profits.

False Promises of Financial Stability: SGF India was portrayed as a thriving restaurant chain, attracting numerous investors, including those seeking income after losing jobs during the pandemic. The promises of steady returns lured many into the Kewal Ahuja SGF franchise.

Financial Irregularities: Large franchise fees were collected, but not reported to regulatory bodies such as the Income Tax Department and GST Council. SGF India was also found non-compliant with MCA filings, raising questions about its financial transparency.

Fund Siphoning Allegations: Investigations suggest that funds were siphoned off, pointing to significant financial fraud within the Kewal Ahuja SGF operation.

Political Influence: Kewal Ahuja, leveraging his connections within the BJP and his position as treasurer of BJYM Delhi, used his political influence to protect SGF India from scrutiny, effectively suppressing public complaints and avoiding accountability for the franchise's financial misconduct.

Personal Gains Over Public Welfare: Despite presenting himself as a community-serving entrepreneur, Ahuja’s true intentions were to further his political ambitions and increase his personal wealth through the SGF India franchise.

Conclusion:

The SGF India franchise scandal is a powerful reminder of the dangers posed by unregulated franchising and the risks associated with political influence in business. It underscores the urgent need for stronger oversight, transparency, and regulatory measures within India’s growing franchise sector to prevent similar fraudulent schemes from affecting future investors.

[citizenrecord]

SGF India’s Deceptive Franchising Model Exposed: Scams And Politics Induces The Food Chain Business Owned By Kewal Ahuja

India has always remained as an emerging marketplace for franchise business. Franchising in India has witnessed a four-fold growth since 2013 and is estimated at USD 50.4 billion currently. Nowadays, more and more are starting to trust the ownership of Franchise and investing their hard-earned money with an expectation of getting a sustainable income for the months during the year. Covid has added fuel to this thought, because franchise ownership is an easy way to make money during these times. During COVID, most of the corporate professional tried their hands on opening an own business specially food and beverage industry.

SGF (Spice, Grill and Flame) is one among those franchisees, incorporated dated January 29th, 2019, with the main objective of providing food services and ancillary objective included the business activities related to this industry and having Liaison offices and services rendering. SGF’s Kewal Ahuja is one among those franchisee owners who has grown up well in this segment of business. He has become an owner of franchisee from few to many, from nowhere to everywhere. Paid PR and advertisement clean his image on media and social media.

The dream of the people who have joined hands with SGF in the franchising have now turned into a nightmare. Large sum was collected as franchise fee by SGF and this amount was not reported to regulators such as Income Tax Department and GST Council under regulatory filings. SGF is non-compliant in MCA filings as well. This report highlights the compliance irregularities and potential financial fraud. The facts discovered after a deep analysis of SGF and its sister concern company highlights that, both SGF and spice are registered at same address and Kewal Ahuja remains as key management in both the company. Both are related parties and spice is a sister concern of SGF. The sister concern - spice’s reported turnover for last 3 years are as follows:

Year – Turnover(INR)

2017-2018 – 1.26 crore

2018-2019 – 2.54 crore

2019-2020 – 2.70 crore

SGF in all these 3 years have reported NIL returns in GST and Income tax. However, the sister concern’s reported top line is mentioned above. This is a potential angle of fund misappropriation. SGF has a track record of statutory non-compliance. The details are as follows:

SGF was formed in year 2019 and first auditor was appointed on February 25th, 2019, however till march 2019, there was no available record with MCA for financial and annual filing.

Second auditor was appointed in SGF on 31/12/2020 for the period from 1st April 2019 till march 31st 2024. There is again no available record with MCA for financial and annual filing. The first auditor resigned in just few months and second auditor was appointed in extra ordinary general meeting, which raise an alarm.

SGF has not filed annual returns and financial statements with MCA for last 2 years which is a mandatory exercise for every PVT. Ltd company in India. If there is a further non-compliance for third year, MCA may start the process of striking off Suo moto. SGF has not initiated any e forms to correct the non-compliance which highlights the intent to not follow the going concern.

SGF has filed no income tax returns for the last three years. If the company is collecting franchise fee, the company should be filing the profit and loss account with the income tax department even if the net profit is NIL. This highlights malicious intent.

SGF has applied for 3 GST numbers. Out of these 3 GST numbers, 2 are registered in Delhi and Haryana state and the status is INACTIVE. These GST numbers are cancelled by GST council Suo moto. However, the GST number of Mumbai is active and there is no return filed by company since September 2021. If SGF has inactive GST registration, what was the objective of collecting GST from franchisee? This indicates a malicious intent.

Further, Kewal Ahuja is also the Treasurer of BJYM Delhi Pradesh and is focused on becoming a leading politician. Therefore, he also has his political influence to his advantage. All the people concerned and intending to invest in SGF should be cautious of this fraud, the better being refrained from investing in SGF owned by Kewal Ahuja.

[phoenixx-news]

Indian Franchise Business: Billion Dollar Sector induced with Scams and Politics, the SGF Kewal Ahuja instance

This is to inform all patrons that SGF is a big scammer company and the owner Kewal Ahuja SGF is big cheater & a master mind behind all this.

There is a huge scandal going on within the company SGF under supervision of Kewal Ahuja. They cheat people in the name of giving franchises.

The SGF company & owner Kewal Ahuja is just hungry for the business revenue and not at all concerned for the employees or to the SGF franchise owners.   This company SGF or Kewal Ahuja charges huge amount in the name of franchise and provide no services to the franchise owners.   There are many instances where they have recruited employees like me and not even given the basic things like appointment letter, on time salary, the promises they make. I worked with them, my experience and lot of others who worked there have been dealt very badly. when raised all these issue, the other manager in the company forced me leave and They didn’t even cleared my dues.   I request everyone please do not join this company ever, Kewal Ahuja SGF Fraud.

Food franchises enjoy a large amount of popularity, which translates into financial success for the owners of these businesses. On the other hand, picking the incorrect one will cost you both time and money.

It is crucial to pick the most trustworthy food franchise in which you can put your faith to enable you to succeed. You ought to earn a satisfactory reward for all of your hard work.

India is often ranked as one of the world*s largest consumer markets. Consequently, it is an excellent site for significant food producers from different countries. The economy is growing at the fastest rate, and its middle class is growing at the fastest rate. The food industry in India is expanding, and analysts project that it will expand at a growth rate of 10%.

The franchising business is growing at a healthy 30-35% per year and is expected to reach $ 100 Billion in 2024.

Delhi NCR*s bustling markets greets you with the choicest of top brands. Many corporate professionals as well as an innocent salaried middle-class youth have been interestingly seen taking a plunge into this franchisee business.

The idea was to have an ownership of brand along with the superlative support from the team of experts. This takes your confidence of working in not so well-versed business to next level and positively uplift your understanding of the business indeed.

SGF (Spice, Grill and Flame) is one among those franchisees, incorporated dated January 29th, 2019, with the main objective of providing food services and ancillary objective included the business activities related to this industry and having Liaison offices and services rendering.

SGF*s Kewal Ahuja is one among those franchisee owners who has grown up well in this segment of business. He has become an owner of franchisee from few to many, from nowhere to everywhere. Paid PR and advertisement clean his image on media and social media.

The story behind the curtain, SGF owner Kewal Ahuja has played so smartly and wittily here. He presented this business to the people in such a way that it had looked so tempting & lucrative business with high return value in minimum frame of time.

The people who were being told to leave their job or lost their jobs during this pandemic, were in need of finding an option to get their livelihood generated by some or the other means of business. High returns & more than a sustainable revenue generation were offered by SGF –Kewal Ahuja in his 2 modules of business FOFO & FOCO.

Abruptly high money as fee was charged from the people, Moreover, the fee collected by SGF, was not reported to regulators such as Income Tax Department and GST Council under regulatory filings.

SGF is non-compliant in MCA filings as well. This report highlights the compliance irregularities and potential financial fraud.

A deep analysis has been done of SGF and its sister concern company to highlight facts.

Both SGF and spice are registered at same address.

Kewal Ahuja remains as Key management in both the company. Both are related parties; spice is a sister concern of SGF.

The sister concern- spice*s reported turnover for last 3 years is as follows.

Y & Y (INR)

2017–18–1.26 crore

2018–19–2.54 crore

2019–20- 2.70 crore

SGF in all these 3 years have reported NIL returns in GST and Income tax. However, the sister concern*s reported top line is mentioned above. This is a potential angle of fund misappropriation.

SGF has a track record of statutory non-compliance.

The details are as follows:

1. SGF was formed in year 2019 and first auditor was appointed on February 25th, 2019, however till march 2019, there was no available record with MCA for financial and annual filing.

2. Second auditor was appointed in SGF on 31/12/2020 for the period from 1st April 2019 till march 31st 2024, there is again no available record with MCA for financial and annual filing. The first auditor resigned in just few months and second auditor was appointed in extra ordinary general meeting, which raise an alarm.

3. SGF has not filed annual returns and financial statements with MCA for last 2 years which is a mandator exercise for every PVT. Ltd company in India. If there is a further non-compliance for third year, MCA may start the process of striking off suo moto. SGF has not initiated any e forms to correct the non-compliance which highlights the intent to no follow the going concern.

4. SGF has filed no returns the income tax returns for the last three years. If the company is collecting franchise fee, the company should be filing the profit and loss account with the income tax department even if the net profit is NIL. This may highlight malicious intent.

5. SGF has applied for 3 GST numbers. Out of these 3 GST numbers* 2 are registered in Delhi and Haryana state and the status is INACTIVE. These GST numbers are cancelled by GST council suo moto. GST number of Mumbai is active however, there is no return filed by company since September 2021. If SGF has inactive GST registration, what was the objective of collecting GST from franchisee? This indicates a malicious intent.

All those interested investors should be cautious, rather refrain themselves from investing in brand SGF owned by Kewal Ahuja, where cheating and doing fraud has been kept as a main criterion of the business.

Kewal Ahuja is serving as Treasurer of BJYM Delhi Pradesh, has a high hope of becoming a main lead politician. He doesn*t refrain from using his political muscle power to cheat people or to do fraud with the people

[kewalahujasgffraud]

SGF Kewal Ahuja is alleged to have conducted huge financial fraud in the name of franchising

India has always remained as an emerging marketplace for franchise business. Nowadays, more and more are starting to trust the ownership of Franchise and investing their hard-earned money with an expectation of getting a sustainable income for the months during the year. Covid has added fuel to this thought, because franchise ownership is an easy way to make money during these times.

Franchising in India has witnessed a four-fold growth since 2013 and is estimated at USD 50.4 billion currently. Delhi NCR’s bustling markets greets you with the choicest of top brands. People including corporate professionals as well as an innocent salaried middle-class youth have started to show more and more interest investing in the franchise business.

SGF (Spice, Grill and Flame) is one among those franchisees, incorporated dated January 29th, 2019, with the main objective of providing food services and ancillary objective included the business activities related to this industry and having Liaison offices and services rendering. SGF’s Kewal Ahuja is one among those franchisee owners who has grown up well in this segment of business. He became the owner of many franchisees starting from few to many through his paid PR and advertisement. This cleans his image on media and social media.

Kewal Ahuja has presented his business to people in such a way that it had looked so tempting & lucrative business with high return value in minimum frame of time. The people who were being told to leave their job or lost their jobs during this pandemic, were in need of finding an option to get their livelihood generated by some or the other means of business. High returns & more than a sustainable revenue generation were offered by Kewal Ahuja SGF fraud in his 2 modules of business FOFO & FOCO.

Large sum was collected as franchise fee by SGF and this amount was not reported to regulators such as Income Tax Department and GST Council under regulatory filings. SGF is non-compliant in MCA filings as well. This report highlights the compliance irregularities and potential financial fraud. The facts discovered after a deep analysis of SGF and its sister concern company highlights that:

· Both SGF and spice are registered at same address.

· Kewal Ahuja remains as key management in both the company. Both are related parties and spice is a sister concern of SGF.

· The sister concern-spice’s reported turnover for last 3 years is as follows.

Year & Y (INR)

· 2017–18 - 1.26 crore

· 2018–19 - 2.54 crore

· 2019–20 - 2.70 crore

SGF in all these 3 years have reported NIL returns in GST and Income tax. However, the sister concern’s reported top line is mentioned above. This is a potential angle of fund misappropriation. SGF also has a track record of statutory non-compliance. The details are as follows:

· SGF was formed in year 2019 and first auditor was appointed on February 25th, 2019, however till march 2019, there was no available record with MCA for financial and annual filing.

· Second auditor was appointed in SGF on 31/12/2020 for the period from 1st April: 2019 till march 31st 2024, there is again no available record with MCA for financial and annual filing. The first auditor resigned in just few months and second auditor was appointed in extra ordinary general meeting, which raise an alarm.

· SGF has not filed annual returns and financial statements with MCA for last 2 years which is a mandator exercise for every PVT. Ltd company in India. If there is a further non-compliance for third year, MCA may start the process of striking off suo moto. SGF has not initiated any e forms to correct the non-compliance which highlights the intent to no follow the going concern.

· SGF has filed no returns the income tax returns for the last three years. If the company is collecting franchise fee, the company should be filing the profit and loss account with the income tax department even if the net profit is NIL. This may highlight malicious intent.

· SGF has applied for 3 GST numbers. Out of these 3 GST numbers’ 2 are registered in Delhi and Haryana state and the status is INACTIVE. These GST numbers are cancelled by GST council suo moto. GST number of Mumbai is active however, there is no return filed by company since September 2021. The malicious intent of SGF is evident because with an inactive GST registration, SGF collected GST from franchisee.

Further, Kewal Ahuja SGF is also the Treasurer of BJYM Delhi Pradesh and is focused on becoming a leading politician. Therefor he also has his political influence to his advantage in cheating people or allegedly conducting fraud. All the people concerned and intending to invest in SGF should be cautious of this fraud, the better being refrained from investing in SGF owned by Kewal Ahuja, where cheating and doing fraud has been kept as a main criterion of the business.

[kewelsgffraud]

Kewal Ahuja SGF Accused of Fraud in India Franchise Scheme

Kewal Ahuja's SGF India has experienced a significant growth in the franchise industry in India over the past decade. However, it is important to note that this growth was not necessarily achieved through ethical means. Reports have surfaced alleging financial fraud on the part of SGF India and Kewal Ahuja. Despite the success of the franchise, it is crucial that the business practices of SGF India are thoroughly examined and any wrongdoing is appropriately addressed. It is important for the franchise industry in India to maintain a level of integrity and transparency in order to continue its growth and success.

Kewal Ahuja SGF Fraud, director of SGF claims in an interview that his business has expanded over covid. According to him, his business is expanding and during the pandemic, it slowly gained pace at expanding and starting more outlets. But the truth is far from this. Kewal Ahuja SGF hides the fact that many of the SGF outlets were closed down without any prior notice. Some brands are trustworthy, but few businessmen create modus operandi to fraud innocent investors to dupe their money by selliFng their franchise. SGF (Spice grill flame) proved to be one among them. Kewal Ahuja, director of SGF, misrepresented his business model to the franchisees and promised higher returns which turned out to be not true.

Kewal Ahuja is also the director with SRVR Projects Private Limited. Kewal Ahuja SGF is known amongst the public as the man behind Spice Grill Flame. He run his restaurant business SGF with outlets in many regions. This restaurant chain was incorporated in January 29th, 2019, with the claim that their objective is to provide food services to the society. But all of this was Kewal Ahuja’s way to create a screen in front of the public to conduct the potential financial fraud. The alleged fraud is also backed by the fact that, the fee collected by SGF from the franchisees, were not reported to regulators such as Income Tax Department and GST Council under regulatory filings. Kewal Ahuja SGF is also the BJYM Delhi Unit Treasurer and uses his political influence to cover up his fraud and create a good image in front of the public.

[creative-pens]

Kewal Ahuja’s SGF India Fraud Breaks Cover – The Franchising Sector In India Fills With Scams

SGF (Spice, Grill and Flame) incorporated dated January 29th, 2019, with the main objective of providing food services and ancillary objective included the business activities related to this industry and having Liaison offices and services rendering. SGF’s Kewal Ahuja is one among those franchisee owners who has grown up well in the franchising segment of business. He has become an owner of franchisee from few to many, from nowhere to everywhere.

According to the latest reports the billion-dollar sector of franchising in India is induced with scams and politics and Kewal Ahuja’s SGF is one among them. He is the BJYM treasurer of Delhi Pradesh and keeps a clean image in front of the public. His fraud comes out as the cheated franchisees make complaints and an analysis of the company accounts is made. Paid PR and advertisement clean his image on media and social media.

A deep analysis has been done of SGF and its sister concern company to highlight facts:

Both SGF and spice are registered at same address.

Kewal Ahuja remains as Key management in both the company. Both are related parties; spice is a sister concern of SGF.

The sister concern- spice’s reported turnover for last 3 years is as follows.

Y & Y (INR)

2017–18–1.26 crore

2018–19–2.54 crore

2019–20- 2.70 crore

SGF in all these 3 years have reported NIL returns in GST and Income tax. However, the sister concern’s reported top line is mentioned above. This is a potential angle of fund misappropriation. SGF has a track record of statutory non-compliance in GST and MCA filings as well.

[kewelsgffraud]

Kewal Ahuja's SGF India Franchising Scam: A Trail of Deception and Tax Evasion

The SGF India franchise model has been exposed as a deceptive scheme according to recent reports. The vegetarian restaurant chain is facing turmoil as it is revealed that financial fraud may have been occurring within the company for the past few years. The franchising model of SGF India is reportedly filled with scams, politics, and alleged fund siphoning, with Kewal Ahuja SGF, the director of Spice Grill Flame, being the alleged mastermind behind it all.

The franchising business grows in India at a healthy 30-35% per year and is expected to reach $100 Billion in 2024. More and more people, especially youngsters are joining hands with firms in franchising and it is one of the easiest ways to generate a profit. But the growth of this franchising segment of business also comes with an increase in scams and financial fraud. SGF India is one of those firms, which in public sight is a genuine business, but induces with scams, fraud and politics in the inside.

The franchising model of SGF India promised a sustainable income generation to the franchisees, but later not only the profit was lost, even the invested amount is not returned to the franchisees. Kewal Ahuja SGF fraud dealings goes in many ways including alleged misrepresentation of the business, siphoning of funds, tax compliance irregularities and much more. Reports on the tax filings shows that SGF India has not reported NIL returns in GST and income tax in the previous three years. The firm is also not compliant in the MCA filings as well.

This represents a potential angle of fund misappropriation. SGF has a track record of statutory non-compliance also. Kewal Ahuja SGF is also the Treasurer of BJYM Delhi Pradesh and is focused on becoming a leading politician. Therefore, he also has his political influence to his advantage in cheating people or allegedly conducting fraud. All the people concerned and intending to invest in SGF should be cautious of this Kewal Ahuja SGF fraud, the better being refrained from investing in SGF India, where cheating and doing fraud has been kept as a main criterion of the business.

[baitdragon]

Frauds Drastically Increase In India - Kewal Ahuja SGF Fraud, the Latest Fraud in Food Franchising Breaks Cover

Pandemic was a time when we saw all kinds of new business plans rising up in the market like mushrooms in rain. During the pandemic period, majority of the people were asked to leave jobs or work from home. The people who were being told to leave their job or lost their jobs during this pandemic, were in need of finding an option to get their livelihood generated by some or the other means of business.

This was the time when franchise business also gained momentum in India. The Indian economy is growing at the fastest rate, and its middle class is growing at the fastest rate. The food industry in India is expanding, and analysts project that it will expand at a growth rate of 10%. The franchising business is growing at a healthy 30–35% per year and is expected to reach $ 100 Billion in 2024. Food franchises in India are also the new talk of town.

Every business field have some hidden traps here and there in them. Fraud in food franchising is also one such trap that have drastically increased in India. Kewal Ahuja’s Spice, Grill, Flame is one such restaurant chain that have deceived many innocent people in the name of franchising.

Food franchises enjoy a large amount of popularity, which translates into financial success for the owners of these businesses. On the other hand, picking the incorrect one will cost you both time and money. The story behind the curtain, SGF owner Kewal Ahuja has played so smartly and wittily here. He presented this business to the people in such a way that it had looked so tempting & lucrative business with high return value in minimum frame of time. High returns & more than a sustainable revenue generation were offered by SGF -Kewal Ahuja in his 2 modules of business FOFO & FOCO.

The high amount of money that was charged as fee from the people was not reported to regulators such as Income Tax Department and GST Council under regulatory filings. SGF is non-compliant in MCA filings as well. A deep analysis has been done of SGF and its sister concern company highlights the fact that both SGF and spice are registered at same address and Kewal Ahuja is the management personnel for both the companies. It is also evident from the reports that SGF India had filed zero returns in the previous financial years.

More details reveal about the Kewal Ahuja SGF fraud reveals that the issue ranges from tax irregularities to illegal fund siphoning and misappropriation. Kewal Ahuja, other than being the personnel of this company is the BJYM Delhi Pradesh treasurer. He also uses his political influence in covering issues related to the fund siphoning.

[astrosblogs]

Kewal Ahuja SGF Fraud Uncovers Into The Limelight

Kewal Ahuja’s vegetarian restaurant chain, SGF India alleged to provide deceptive franchise model. Kewal Ahuja made use of people’s need for job and money during the pandemic period and deceived them money worth lakhs.

The franchising business is growing at a healthy 30–35% per year and is expected to reach $ 100 Billion in 2024. Delhi NCR*s bustling markets greets you with the choicest of top brands. Many corporate professionals as well as an innocent salaried middle-class youth have been interestingly seen taking a plunge into this franchisee business. Kewal Ahuja exploited this opportunity to gain faith of the people, especially youngsters and got them in the trap.

The people who were being told to leave their job or lost their jobs during this pandemic, were in need of finding an option to get their livelihood generated by some or the other means of business. High returns & more than a sustainable revenue generation were offered by SGF — Kewal Ahuja in his 2 modules of business FOFO & FOCO.

Huge amount of money that was collected from the franchisees where not reported by SGF to the regulatory authorities like the Tax department and GST Council. They are also non-compliant in MCA filings as well. This report is proof for the compliance irregularities and potential financial fraud conducted by SGF.

SGF has not filed annual returns and financial statements with MCA for last 2 years which is a mandator exercise for every PVT. Ltd company in India. If there is a further non-compliance for third year, MCA may start the process of striking off suo moto. SGF has not initiated any e forms to correct the non-compliance which highlights the intent to not follow the going concern.

These reports bring forth the Kewal Ahuja SGF fraud. So investors make sure that you don’t fall to trap in such companies.