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Nehru Place Dealer Flees with Rs. 27 Crores

ADCTA says that now only the registered dealers will only be provided the materials

Nehru Place has been jolted yet again with the news of another dealer fleeing with a whopping Rs. 27 crore. What is even more shocking is that Amit Kumar of Shanti Computers, a member of Delhi based ADCTA, had been operating out of Nehru Place for the last 13 years.
Mahinder Aggarwal, President, ADCTA, responded, “We have registered an FIR and undertaken all the necessary legal process.”

According to Aggarwal Shanti Computers’ 24 employees has no inkling as to why Kumar took such a step. “With the repairs and maintenance works Kumar was doing well in his business even with good revenues,” he added.

With the IT market posing challenges due to slump in the economy, the fear in the rising cases in default is already a major concern among the IT traders and this has further exacerbated the concern.

“This heinous incident has a very negative impact leading to lose of trust in the market. Everyone thinks twice and thrice before giving products to anyone,” Aggarwal maintains. As a precautionary step Aggarwal informs that only the dealers registered under the association will be provided with the materials. “We are endeavoring to prevent any kind of similar incident from happening in the future.”

ADCTA has appointed a permanent lawyer whose expenses will be borne by the association.

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