In the wake of rising frauds and payment defaults in recent times,
Mumbai-based Trade Association of Information Technology (TAIT) organized a
workshop for its members on 'How to avoid frauds'. The workshop, was held in
association with DQ Channels at Hotel Krishna Palace in Grant Road.
“There have been several instances of frauds and payment defaults in recent
times that have created insecurity amongst the channel partner community in
Mumbai. This workshop is intended to give our members an opportunity to look
into reasons behind the rise in fraud cases in addition to looking at ways to
avoid them,” stated Praveen Dhoka, Secretary TAIT.
To help its members get an insight on how the fraudsters operate, two of the
affected partners spoke about about the modus operandi employed by the conmen
and the difficulties the partner faced in registering the case with the police
and its subsequent follow-ups.
This aside there was a panel discussion on the business practices that
partners need to employ in their companies to ensure they do not fall prey to
such frauds. The discussion was moderated by Vinita Bhatia, Executive Editor of
DQ Channels. Legal expert Rakesh Jain who is an advocate in the High Court also
gave insights into legal arbitration in such cases.
Panelists of the event included Vipul Sangani of Megahertz, Chetan Timbadia
of DC Infotech, Dharmesh Anjaria of Dynacons, Yogesh Shah of Mahavir Systems
Power and Rakesh Jain.
After a Q&A session, participants mingled and exchange notes over cocktails
and dinner.