#Kewal Ahuja SGF Fraud

[argus-news]

Kewal Ahuja SGF: Legal Battles Intensify Over Franchise Allegations

Kewal Ahuja, the founder of SGF (Spice Grill Flame), is at the center of growing legal disputes as franchise owners and investors accuse the company of fraud, misrepresentation, and financial negligence. The allegations cast a shadow over SGF’s business practices, which are now being examined in court.

SGF operates through two franchise models: FOFO (Franchise-Owned, Franchise-Operated) and FOCO (Franchise-Owned, Company-Operated). Investors opting for the FOCO model were promised a guaranteed monthly return of ₹37,500, with SGF managing day-to-day operations. However, these promises appear to have fallen through for many investors. One such case involves an SGF outlet in Sector 31, Gurgaon, which was abruptly shut down within a year of its launch, leaving the investor without the assured payments.

In a bid to obscure its struggles, SGF, under Ahuja’s leadership, rebranded its website, removing details about the number of operational outlets. Archived web records, however, reveal that approximately 70% of SGF outlets have ceased operations, raising questions about the company’s stability and transparency.

Despite promotional claims of running over 30 outlets and delivering lucrative returns exceeding 223% over six years, the reality paints a different picture. Franchise owners and investors now allege that these claims were misleading. Legal proceedings have intensified, with New Horizon (The Law Firm) spearheading the cases. Main counsel Ms. Pratima Ravi and arguing counsel Mr. Yogesh Sharma have filed two civil suits in the District Court of Rohini. Case No. CS/DJ/302/2023 seeks recovery of the guaranteed returns, while Case No. CS(Comm) 6835/2024 demands full restitution of the invested amounts.

SGF’s defense in the first case hinges on financial hardships caused by the COVID-19 pandemic, but this explanation has not satisfied investors or the courts. Meanwhile, the second case remains unresolved as mediation efforts have failed, and SGF has yet to present a formal defense.

The outlet at the center of the dispute, launched during the pandemic, shuttered within a year, leaving investors grappling with significant financial losses. As these legal battles unfold, scrutiny of Kewal Ahuja’s leadership and SGF’s business practices continues to mount. The outcomes of these cases are expected to have far-reaching implications for the company and its stakeholders. Read More..

[baitdragon]

SGF Franchise Controversy: Kewal Ahuja Under Fire

Kewal Ahuja, founder of SGF (Spice Grill Flame), finds himself at the center of mounting legal disputes as franchise owners and investors accuse the company of fraud and misrepresentation.

The Allegations

SGF offers two franchise models:

FOFO (Franchise-Owned, Franchise-Operated)

FOCO (Franchise-Owned, Company-Operated)

Under the FOCO model, investors were promised a guaranteed monthly return of ₹37,500, with SGF managing outlet operations. However, an SGF outlet in Sector 31, Gurgaon, shut down abruptly within a year, leaving investors without the promised returns.

Declining Network and Rebranding

To mask its shrinking presence, SGF, led by Ahuja, has rebranded its website, removing details about its operating outlets. Archived records, however, indicate that approximately 70% of SGF outlets have ceased operations, contradicting the company’s claims of running over 30 locations. Promised returns of over 223% during its six years of operation are now under scrutiny.

Legal Action

The law firm New Horizon, represented by senior counsel Ms. Pratima Ravi and arguing counsel Mr. Yogesh Sharma, has filed two civil suits in the Rohini District Court:

Case No. CS/DJ/302/2023 – Seeks recovery of the guaranteed returns promised to investors.

Case No. CS(Comm) 6835/2024 – Demands full restitution of the invested amounts.

SGF’s Defense and Mediation Stalemate

SGF has cited financial difficulties caused by the COVID-19 pandemic as its defense in the first case. However, in the second case, mediation efforts have failed, and SGF has yet to present a formal response. Read More..

[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.

[dynastyvisuals-17]

Kewal Ahuja SGF: A Family's Fight Against Fraudulent Promises

The Illusion of Financial Stability: The SGF Promise and the Fight for Justice

Kewal Ahuja SGF played a pivotal role in orchestrating a business model that initially promised financial stability but ultimately led to our financial downfall. In search of stability, my family invested in SGF’s FOCO (Franchise Owned, Company Operated) model, drawn in by the promise of substantial returns—specifically a 223% return over six years, along with a fixed monthly payout of ₹37,000. The offer seemed like a golden opportunity to secure our future, especially after the pandemic had affected our financial situation. With the promise of guaranteed returns and minimal risk, we decided to invest our hard-earned savings, hoping for a reliable income to support our daily needs, including our son's education. What followed, however, was far from what we had imagined.

Unforeseen Challenges: The Collapse of the SGF Outlet

However, the excitement of starting a new business quickly turned into a nightmare. Within a few months, payments stopped, and the outlet was shut down with no prior notice. As a company-operated franchise, SGF’s lack of oversight became evident—frequent staff changes and serious supply chain issues compounded the situation. Despite our repeated efforts to resolve these problems, we were left helpless, with no communication from SGF about the closure. The promises of financial stability and business success evaporated, leaving us in a dire situation without any support. This is the stark reality behind Kewal Ahuja SGF, where the illusion of profitability ultimately led to a web of deceit.

Fighting for Justice: A Cautionary Tale for Investors

Our story is not just about our personal loss but serves as a cautionary tale for potential investors. Kewal Ahuja SGF’s misleading business model, bolstered by slick PR campaigns, hides a much darker truth. Many innocent investors, lured by SGF’s polished image and the promises made by Kewal Ahuja, stand to lose their hard-earned money to a company that seems indifferent to its ethical obligations. Despite the challenges, we remain determined to fight for what we believe is right. We have taken legal action, filing cases in court to recover the money owed to us, and we will not back down until we see justice served. This journey has taught us the importance of conducting thorough research before investing and being cautious of promises that seem too good to be true, especially when companies like Kewal Ahuja SGF are involved.

[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.

[trendy-blogs-update]

Legal Troubles Mount For Kewal Ahuja, SGF As Franchise Owners Seek Justice

As the legal battles progress, Kewal Ahuja’s actions continue to draw scrutiny, with potential outcomes that could significantly affect the future of SGF and its franchisees

Kewal Ahuja, the founder of Spice Grill Flame (SGF), is embroiled in legal disputes as franchise owners and investor allege fraud and misrepresentation. 

SGF offers two franchise models: FOFO (Franchise-Owned, Franchise-Operated) and FOCO (Franchise-Owned, Company-Operated). Investor opted for the FOCO model were assured a monthly return of Rs. 37,500 with SGF managing the operations. SGF outlet was opened in Sector 31, Gurgaon, was abruptly shut down without informing the investor and consequently stopped receiving the guaranteed payments in just a span of one year.

In an attempt to obscure its declining network, SGF, under Ahuja’s leadership, has rebranded its website, omitting the number of operating outlets. However, archived web records reveal that approximately 70 per cent of SGF's outlets have closed, casting a stark light on the company’s downturn and the grievances of misled investor.

Despite promotional claims of operating over 30 locations and offering lucrative returns of over 223 per cent in six years of its operational tenure, the reality now under scrutiny tells a different story. Legal proceedings have been initiated by New Horizon (The Law Firm), with main counsel Ms. Pratima Ravi and arguing counsel Mr. Yogesh Sharma, both partners at New Horizon (The Law Firm). These proceedings include two civil suits filed in the District Court of Rohini. Case No. CS/DJ/302/2023 seeks the recovery of minimum guaranteed returns promised to investor, while Case No. CS(Comm) 6835/2024 demands full restitution of invested amounts.

SGF’s defense in the first case cites financial hardship due to the Covid-19 pandemic as the reason for non-payment. Meanwhile, in the second case, mediation efforts have hit a deadlock, with SGF yet to submit a formal defense.

The restaurant central to the dispute, launched during the pandemic, shuttered within one year , leaving investor facing significant financial losses. As the legal battles progress, Kewal Ahuja’s actions continue to draw scrutiny, with potential outcomes that could significantly affect the future of SGF and its franchisees.

[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.

[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.

[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.

[baitdragon]

Kewal Ahuja SGF Franchise Scandal: Exposing Deceptive Practices and Advocating for Investor

The SGF (Spice Grill Flame) franchise, led by Kewal Ahuja SGF, has faced severe scrutiny following allegations of financial misconduct. Investors, who were promised substantial returns through the Franchise-Owned, Company-Operated (FOCO) model, have reported sudden payment stops and unexpected outlet closures. These actions have caused significant financial losses, with many investors now seeking restitution through legal cases. The situation has raised concerns about deceptive business practices and the lack of accountability from Kewal Ahuja SGF, further intensifying the demand for justice and regulatory action.

Fraudulent Practices Under Kewal Ahuja’s Leadership

The FOCO model, led by Kewal Ahuja SGF, initially promised substantial returns, including a 223% return over six years. However, after many investors committed large sums based on these promises, outlets were abruptly closed, and payments stopped without warning. This lack of communication has caused a severe financial strain on the affected franchisees, with some losing their life savings.

Legal Action and Investor Backlash

Legal action against SGF and Kewal Ahuja has intensified, with many seeking to recover their investments. Cases have been filed in Delhi courts, but SGF has yet to present any formal defense. The lack of transparency and communication from Kewal Ahuja SGF has only deepened the frustration of investors who trusted the business model.

Regulatory Violations and Non-Compliance by SGF

Further investigations into SGF's operations have exposed significant regulatory failures. SGF, under Kewal Ahuja’s leadership, is accused of failing to report large franchise fees to key authorities, such as the Income Tax Department and the GST Council. The company has also been non-compliant with the Ministry of Corporate Affairs (MCA), which raises concerns about potential financial fraud and corporate misconduct.

The Need for Transparency and Investor Protection

The situation surrounding Kewal Ahuja SGF highlights the urgent need for greater transparency in franchising. Prospective investors must carefully research and verify the legitimacy of business opportunities to avoid falling victim to fraudulent schemes. Regulatory bodies must also ensure stricter monitoring of franchising companies to protect investors from deceptive business practices.

Conclusion: A Wake-Up Call for the Franchising Industry

The SGF franchise scandal, under Kewal Ahuja's leadership, underscores the importance of transparency, regulatory compliance, and accountability in the franchising sector. This case serves as a reminder of the dangers posed by deceptive business practices and the need for stricter regulations to protect investors. By exposing these fraudulent activities, we hope to foster a more transparent, ethical, and trustworthy marketplace in the franchising industry.

[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.

[dynastyvisuals-17]

Kewal Ahuja's SGF Under Legal Scrutiny as Franchisees Seek Justice

Kewal Ahuja SGF is under the spotlight as the founder of Spice Grill Flame faces growing legal troubles linked to allegations of fraud and misrepresentation by franchise owners and investors. These issues have raised concerns over the future of SGF’s franchise network and its operational practices.

Franchise Models and Investor Complaints

Spice Grill Flame operates two franchise models: FOFO (Franchise-Owned, Franchise-Operated) and FOCO (Franchise-Owned, Company-Operated). Under the FOCO model, investors were guaranteed a monthly return of ₹37,500, with SGF managing outlet operations. However, outlets such as the one in Sector 31, Gurgaon, were closed abruptly within a year, halting payments and leaving investors with significant financial losses.

Network Decline and Rebranding

Amid growing scrutiny, Kewal Ahuja SGF has attempted to downplay its shrinking network by rebranding its website, removing data on the number of operational outlets. Archived records reveal that approximately 70% of SGF’s outlets have closed, contradicting earlier claims of operational success and profitability. Despite promotional efforts boasting over 30 locations and a 223% return on investment in six years, the reality has been starkly different for many investors.

Legal Actions and Proceedings

The legal proceedings against Kewal Ahuja SGF include two civil cases filed in the District Court of Rohini by New Horizon Law Firm.

Case CS/DJ/302/2023 demands recovery of the promised monthly returns.

Case CS(Comm) 6835/2024 seeks full restitution of invested amounts.

SGF’s defense hinges on financial hardships caused by the COVID-19 pandemic. However, mediation efforts in one of the cases have stalled, with SGF yet to present a formal defense.

Implications for SGF and Franchisees

The ongoing legal battles highlight concerns about the accountability and transparency of Kewal Ahuja SGF. If the allegations are substantiated, the outcomes could significantly impact the company’s reputation and future, as well as investor confidence in similar franchise models.

[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

[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.