What to do even i loose my money around 1,00,000/- from sutra ... cozz am one of the franchise in Bangalore ... 99% am sure our money won't come back , i became a franchise on April 23, by paying 65,000/- after 8 days i came to know that company has closed ... i know our money won't come, sooo i request u ppl .. plzz don't invest ur money to any other business
This is a lesson for everybody. Dont be greedy. Think twice before you invest.
And I thank god for saving me from this, i was 99% sure of investing with them, met staff there, but 1% of my heart said NO, that kept the entire formalities pending.
I once again thank GOD for saving me from all this troubles & frauds.
Ajay finally turned out to be real Big Shah. I met this character some time back, and he said his funds have been raised from some other famous Shah's in business including Mr Bharath Shah of Bollywood fame.
The company have maintanined in wrong way. These kind of companies should get the warning from the government not to cheat anybody and keep tracking the companies financial position also.
Things were let out of control, just goes to tell that public must be more conscious when they are lured towards such absurd deals. By the way what are the watchdogs of Indian Software Industry and scores of other associations that are supposed to protect the rights of consumers and uphold the legitimacy of companies doing?
there should be a mechanism to check the viability and credibility of such business offers in the beginning itself.At least where money collection plans from customers are involved.When money is dwindled from enterpreuners in the IT related services where a business bmodel is controlled by definite i/put, o/put parameters which cannot be varied beyond a logical limit which can be easily assessed by any experienced business man's logic. An agency like Nascom can be set up or a private agency for certification of such enterpreuners can be set up which would be a very viable business model that certifies businesses related to It and imparts consultancy to legitimate legal businesses which adds credibility and ratings and prevents or blacklist fraudulant businesses like sutra. something in line with SEBI ( though different in many aspects)stock market.
