[Resolved]  penta world india — commercial tax raid

Address:Kerala

PENTA WORLD INDIA, POOTHOLE, THRISSUR

COMMERCIAL TAX DEPARTMENT OF KERALA FINED PENTA WORLD INDIA THREE CRORES TWELVE LAKHS RUPEES FOR TAX EVASION.

WHAT WILL HAPPEN TO POOR HAPLESS INVESTORS WHO HAVE INVESTED MONEY IN PENTAWORLD?
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

It was a planned attack from some fraud companies. the reason is that jealousy. Pentaworld is always with law. they are always with people.Motivating them the slogan Empowering people...Empowering nation..We are challenging u to see any demerits in this company. Business plan. Can u see any other company much better than this. U want more details about the raid please go to www.pentaworldindia.biz. pls see the media link.
Sajesh K narayanan
MLM IS NOTHING BUT CHEATING.
SUPREME COURT DECLARED MLM IS ILLEGAL. PLEASE CONSULT A LAWYER DEAR MR. SAJESH K. NARAYANAN. AN MLM COMPANY CAN NEVER BE WITH LAW.

CENTRAL GOVERNMENT MUST BAN MLM COMPANIES AND ARREST ITS PROMOTERS
ALL NET WORKING - Multi Level Marketing (MLM) COMPANIES ARE FRAUD. They are cheating innocent and gullible people.
nothing is written in the media link about the raid Mr. Sajesh. THIS ANOTHER TACTICS OF MLM PEOPLE.
If Govt banned MLM Business, then How comapnies can register as multilevel marketing companies in India as per Indian Companies Act? Who told Supreme court declared MLM is illegal? In 2003, Supreme Court certified that MLM is Legal and also ordered certain guidelines for a legal network marketing system in the country. In 2002, Hon'ble Minister of State in the Union Ministry of Consumer Affairs, Food and Public Distribution certified the legal validity of network marketing in India. (For Details contact by mail) Dear Manglorian, You better consult a lawyer with some knowledge about Companies Act, and Law. As far as Pentaworld is concerned, Sales tax department (an officer) fined them more than 3 crores, but they couldn't prove the same, the case is still in the court. If Pentaworld evaded tax, will they move petition in the court to get justice? Don't try propagate negativity about the industry and stop misguiding people by giving false statements. It is very easy to say or cripple new projects and ventures, but it is not easy to build or develop ideas and projects into reality.
yes, MLM IS ILLEGAL. Please read the judgment of Supreme Court in Chacko Vs State of Kerala.
'PENTA WORLD INDIA' OFFICE IS CLOSED AND SEALED BY POLICE. IT IS A FRAUD COMPANY. INNOCENT PEOPLE LOST MONEY.
GOVERNMENT SHOULD HAVE TAKEN ACTION AGAINST ILLEGAL COMPANIES LIKE PENTAWORLDINDIA MUCH EARLIER.
P.I.MARKETING

NAVI MUMBAI (NERUL) ADDRESS:-

Suman Building (NEAR GAONDEVI MANDIR)
sector - 6, Darshan Darbar Road,
Nerul West,
Navi Mumbai,
Maharashtra – 400706
got the address of Managing Director of Penta World India:

Mr. A. Narayanan Kutty,
S/o Gopalakrishnan,
Kolengattukara,
Choolissery (P.O)
Thrissur District,
Kerala- 680541

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit

    Contact Information

    Kerala
    India
    File a Complaint