Scams Are Upscaling In The Indian Franchising Business – Kewal Ahuja’s SGF Instance Comes To Limelight

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.

Kewal Ahuja SGF Fraud

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.