“NO T.K CHOUDHARY AS C.P” SAY BOMBAY BAZAAR FRANCHISEES
THE ASIAN AGE (Nov 2002)
By Skimmy Gupta
T.K Choudhary ,additional director general of police working under state director general Subhash Malhotra has been receiving flak from the franchisees of Bombay Bazaar Limited,the chain of supermarkets over his probable appointment as the next Police commissioner of Mumbai.Ranjit Choudhary,T.K Choudhary’s son is the Managing director,Bombay Bazaar Limited involved in the alleged multi- crore scam.Also the franchisees feel as they have been duped by Ranjit and appointment of T.K Choudhary as Commissioner might stall the investigations in this scam and they would never get their invested money back.One of the most senior Maharashtrian officer in the ranks, T.K Choudhary has served Mumbai crime branch,as deputy commissioner of police and also joint commissioner of police(law and order).
Shahir ,partner of SAS trading Co,a franchisee of Bombay Bazaar Ltd located at Juhu Lane,Andheri told The Asian Age, “This is clear case of cheating and fraud scam worth over Rs.50 crore with 200 odd franchisees. Ranjit occasionally flaunts his father’s police rank to his franchisees.Thus if T.K Choudhary becomes the next C.P,even my slightest hope of recovering my deposit of Rs.5 lakhs would be over as his son is involved..Thus appointment of T.K Choudhary seems unethical and inapproapriate at this hour.Since my store opening six months back,I have not received even a single commission cheque wherein it was agreed to be given on monthly basis as per the franchisee agreement .”
Vinay Kulkarni,a Bombay Bazaar franchiser at Sena Bhavan Path ,Dadar told,“I feel it is because big people like Ranjit Choudhary are invlolved,I will never get my deposit money back.If they settle all the claims and money of people ,then appointment of T,K Choudhary can be justified .Otherwise it is wrong, as the Bombay Bazaar franchisee experience has been fairly bad as many have lost their peace of mind and money.”
T.K Choudhary,additional Director General of Police said, “Bombay Bazaar controversy is an altogether different matter and civil in nature, in which 5-6 people along my son who started it.And I have nothing to do with it. I personally call it a dispute between the company management and the franchisees.And the problem is that both the parties are adamant.If the franchisers want their money back ,they should file a recovery suit immediately .Honking for publicity will not get them anything.It is absolutely a wrong notion that if I become the Commissioner their case might be subdued,infact I might be able to help them.”
Most franchisees in the city from past couple of months are facing hard time due to non-supply of stocks,no-commission cheques given and highly unprofessional ,irresponsible and maligned attitude of the Bombay Bazaar officials.There have been instances of few franchisee owners even trying to eat poison following the highly careless attitude and fraudulent motive of the company. About 70 franchisees filed complaints in the Andheri metropolitan magistrate’s court and Economic Offences Wing( EOW) has already begun their investigations in this scam.An officer ,EOW investigating the case was unavailable for comments.
Raju Jadhwani,another distributor and franchisee in name of Sangeeta Jadhwani at Kandivili said, “The defaulters should definitely be punished .Being a senior citizen,I have invested my entire savings.Many times I have been asked to wait for 4-5 hours for my money and on 2-3 ocassions I have also fainted.My 12 lakhs rupees are pending but have only got Rs.50,000/- till date ?
"We have stopped the franchisee couple of months back as our Rs.4 lakhs are already lost.The company has not cleared dues till now and if T.K Chaudhary becomes C.P ,I doubt we will get our dues,"wonders M.Todi,another franchisee at Film City,Goregaon.
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By Skimmy Gupta
T.K Choudhary ,additional director general of police working under state director general Subhash Malhotra has been receiving flak from the franchisees of Bombay Bazaar Limited,the chain of supermarkets over his probable appointment as the next Police commissioner of Mumbai.Ranjit Choudhary,T.K Choudhary’s son is the Managing director,Bombay Bazaar Limited involved in the alleged multi- crore scam.Also the franchisees feel as they have been duped by Ranjit and appointment of T.K Choudhary as Commissioner might stall the investigations in this scam and they would never get their invested money back.One of the most senior Maharashtrian officer in the ranks, T.K Choudhary has served Mumbai crime branch,as deputy commissioner of police and also joint commissioner of police(law and order).
Shahir ,partner of SAS trading Co,a franchisee of Bombay Bazaar Ltd located at Juhu Lane,Andheri told The Asian Age, “This is clear case of cheating and fraud scam worth over Rs.50 crore with 200 odd franchisees. Ranjit occasionally flaunts his father’s police rank to his franchisees.Thus if T.K Choudhary becomes the next C.P,even my slightest hope of recovering my deposit of Rs.5 lakhs would be over as his son is involved..Thus appointment of T.K Choudhary seems unethical and inapproapriate at this hour.Since my store opening six months back,I have not received even a single commission cheque wherein it was agreed to be given on monthly basis as per the franchisee agreement .”
Vinay Kulkarni,a Bombay Bazaar franchiser at Sena Bhavan Path ,Dadar told,“I feel it is because big people like Ranjit Choudhary are invlolved,I will never get my deposit money back.If they settle all the claims and money of people ,then appointment of T,K Choudhary can be justified .Otherwise it is wrong, as the Bombay Bazaar franchisee experience has been fairly bad as many have lost their peace of mind and money.”
T.K Choudhary,additional Director General of Police said, “Bombay Bazaar controversy is an altogether different matter and civil in nature, in which 5-6 people along my son who started it.And I have nothing to do with it. I personally call it a dispute between the company management and the franchisees.And the problem is that both the parties are adamant.If the franchisers want their money back ,they should file a recovery suit immediately .Honking for publicity will not get them anything.It is absolutely a wrong notion that if I become the Commissioner their case might be subdued,infact I might be able to help them.”
Most franchisees in the city from past couple of months are facing hard time due to non-supply of stocks,no-commission cheques given and highly unprofessional ,irresponsible and maligned attitude of the Bombay Bazaar officials.There have been instances of few franchisee owners even trying to eat poison following the highly careless attitude and fraudulent motive of the company. About 70 franchisees filed complaints in the Andheri metropolitan magistrate’s court and Economic Offences Wing( EOW) has already begun their investigations in this scam.An officer ,EOW investigating the case was unavailable for comments.
Raju Jadhwani,another distributor and franchisee in name of Sangeeta Jadhwani at Kandivili said, “The defaulters should definitely be punished .Being a senior citizen,I have invested my entire savings.Many times I have been asked to wait for 4-5 hours for my money and on 2-3 ocassions I have also fainted.My 12 lakhs rupees are pending but have only got Rs.50,000/- till date ?
"We have stopped the franchisee couple of months back as our Rs.4 lakhs are already lost.The company has not cleared dues till now and if T.K Chaudhary becomes C.P ,I doubt we will get our dues,"wonders M.Todi,another franchisee at Film City,Goregaon.
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Labels: City
posted by Skimmy @ June 19, 2008
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