Venktron accuses Envent of fraud

Mumbai-based distributor, Venktron Digital Systems, has accused its vendor company Envent Worldwide of indulging in unethical business practices and has charged that the top management of the enterprise was involved in cheating.

In an email, Ajay Singhania, proprietor, Venktron Digital Systems said, "His company was appointed as distributors on a pan-India basis for Envent following which the latter had insisted on stocking up on IT peripherals from time-to-time after making payments. Though initially there was some cooperation from their side, as time passed, we faced lots of issues on the products as well as on the after sales service."

He further stated, "Despite discussing the issues with the company, the vendor is showing no seriousness to resolve the service issue. Moreover, we have returned the unsold material worth Rs.9.25 lakhs, but they are not ready to return our payments. All our efforts to get back the money proved futile and now they are not responding to our calls and are also not acceding to our request for meetings."

Venkton also alleges that Envent and its owners are cheating everyone in the market to whom they owed money. Singhania also accuses that the company was not paying its staff and had also shifted its offices without informing the resellers and others.