The company launced a business of E commerce and selected 2000 person from allover india to give franchiseee . Each one deposited Rs 2 Lakhs and everyone was promised that he would get V-sat , a pc , printer and scanner as startup kit for opening kiosk which wud cost Rs 1.8 Lakhs and Rs 20000 will be registration cost . But neither the money nor the startup kit was given to any body and company robbed of a huge amount . Besides this the height was that company wasnot having any approval for Vsat from Government and assured its franchisee to provide VSat . A fraud was created . S.Kumars.com was gone with the wind but poor people who thought that Reid& Taylor group and Kasliwals group can never create fraud were left miserable as some of them opted for loan to setup franchisee. SBI also partcipated in loan schemes and publicity without deeply enquiring the matter. Some of the court cases are still pending with MRTP and consumer courts but in India the it takes ages to get justice . Beware of such groups and such franchisee schemes.
I am also one of such miserable sufferers who is fighting for injustice since last six years and the case is still pending.
Kiran Arora