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India's franchise business market has seen tremendous growth, increasing four-fold since 2013, and is now valued at USD 50.4 billion. This boom has been fueled by a growing trust in franchise ownership as a reliable source of income, particularly during the COVID-19 pandemic, when many professionals ventured into the food and beverage industry.<br/><br/>One such franchise, Spice, Grill and Flame (SGF), was established on January 29, 2019, aiming to provide food services. SGF's founder, Kewal Ahuja, has expanded the franchise significantly, supported by strategic PR and advertising efforts. However, serious issues have emerged concerning SGF's compliance and financial practices.<br/><br/>SGF's franchisees have encountered significant challenges. The company collected large franchise fees without reporting them to regulatory bodies like the Income Tax Department and GST Council. Additionally, SGF has failed to comply with mandatory MCA filings. Both SGF and its sister company, Spice, share the same address and management, suggesting potential fund misappropriation. Spice's turnover reports contrast sharply with SGF's nil returns, raising further suspicions.<br/><br/>Specifically, SGF was formed in 2019 and appointed its first auditor on February 25, 2019. However, no financial records were submitted to the MCA for that year. A second auditor, appointed on December 31, 2020, also found no records filed for the previous year. This consistent non-compliance with MCA filing requirements for two consecutive years could lead to SGF being struck off if continued.<br/><br/>Moreover, SGF has not filed income tax returns for the past three years, despite collecting franchise fees. This omission indicates potential financial malpractice. SGF also applied for three GST numbers, two of which have been cancelled due to inactivity. The third, active in Mumbai, has not seen any returns filed since September 2021, raising questions about the purpose of GST collection from franchisees.<br/><br/>Kewal Ahuja's dual role as the Treasurer of BJYM Delhi Pradesh further complicates matters, as his political influence may impact investigations. Potential investors are strongly advised to reconsider investing in SGF due to these significant red flags and the company's track record of statutory non-compliance and financial irregularities.

Revealing the Truth About Kewal Ahuja: The SGF India Incident Exposed

⏲ 2:13 👁 20K

dj jakir

tomake khuje pai oi nil akashe. dj jakir

⏲ 4 minutes 👁 286K

Entertainment Tv

tomake khuje || arifin rumi || porshi || Bangla lofi || baized 2.9 Bangla lofi song

⏲ 6 minutes 8 seconds 👁 66.5K

SCHiM is a 3D puzzle adventure platformer developed by Ewoud van der Werf and Nils Slijkerman. Players will jump from shadow to shadow to capitalize on the lighting of the environment. Make precise movements and maneuvers to advance through the colorfully vibrant levels.

SCHiM Official Trailer

⏲ 0:46 ✓ 03-Jun-2024

HabibHDVideos

Tumake Khoje Pai..HD..Porshi And Arfin Rumey

⏲ 5 minutes 28 seconds 👁 63.8K

Release - Topic

Tomakey Khujey Paai

⏲ 3 minutes 45 seconds 👁 3.7K

Maasranga Program

খুঁজে খুঁজে | পড়শী | Khuje Khuje | Porshi

⏲ 5 minutes 2 seconds 👁 61.8K

Sultan Entertainment

Tomar Akash Jure | Minar Rahman | Khairul Basar | Tanjim Saiara Totini | O Premer Kobita Natok Song

⏲ 4 minutes 50 seconds 👁 235.1K

Sangeeta Music

Bolona Kothay Tumi | Arfin Rumey | Kheya | বলোনা কোথায় তুমি | Ayaz, Rigan & Kritika | Music Video

⏲ 4 minutes 50 seconds 👁 18.5M

I Love Travel and Food

AMAR XOPUN | NEEL AKASH, BIKASH CHETRY, Tarun Tonmoy | OFFICIAL WEDDING MUSIC VIDEO 4K

⏲ 3 minutes 59 seconds 👁 961.2K

CINEART

Je Pakhi Ghor Bojhena | যে পাখি ঘর বঝেনা |Dhruba | Shuvabrata | Bangla Music Video

⏲ 5 minutes 46 seconds 👁 39.8M

Sangeeta Music

Priyotoma | Arfin Rumey | Porshi | প্রিয়তমা | আরফিন রুমি | পড়শী | Music Video

⏲ 6 minutes 12 seconds 👁 4M

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