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Showing posts from November, 2022

Potential Financial Fraud in Kewal Ahuja’s SGF India – Report on Compliance Irregularities of the Company

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Kewal Ahuja  Founder of SGF,  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’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 advertise...

Fraud Business Model to Dupe Innocent People By Selling Franchise – Kewal Ahuja Alleged to Cheat Franchisees

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India remains a "sizzling' marketplace for franchising. People try their luck to own a franchise in order to avoid further risk to disappear in market. Some brands are trustworthy, but few businessmen create modus operandi to fraud innocent investors to dupe their money by selling their franchise. One of them are SGF (Spice, Grill and Flame). Kewal Ahuja , director of SGF is one among them who 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. S pice G rill F lame  was incorporated dated January 29th, 2019, with the main objective of providing food services to the society. The fee collected by SGF from the franchisees, was not reported to regulators such as Income Tax Department and GST Council under r...

Scams and politics fill Indian franchise business: SGF, Kewal Ahuja alleged to be in the lead among them

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       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%. 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. Franchising in India has witnessed a four-fold growth since 2013 and is estimated at USD 50.4 billion currently. 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...