| Website: www.traderzplanet.com |
At our company, we uphold values of transparency, integrity, and ethical business conduct. However, our recent experience with TraderzPlanet has compelled us to bring attention to their unethical practices, particularly their failure to honor financial commitments and their use of fake cheques to mislead service providers.
Non-Payment of Dues
TraderzPlanet availed our call center services under a formal agreement. Despite fulfilling our contractual obligations and delivering high-quality services, the company has consistently defaulted on payments. Our outstanding invoices, remain unpaid despite multiple reminders and follow-ups.
Fake Cheques Issued as a False Commitment
To deceive service providers and delay payment, TraderzPlanet has even gone to the extent of issuing fake cheques that either bounce due to insufficient funds or are never meant to be honored. This fraudulent practice raises serious legal concerns and further highlights their unethical approach to business.
Failure to Comply with Tax Regulations
Beyond non-payment, TraderzPlanet has failed to deduct and deposit TDS (Tax Deducted at Source) and GST (Goods and Services Tax) as per regulatory requirements. This not only violates tax laws but also puts service providers like us in a difficult position during tax filings. Such malpractice suggests either financial mismanagement or deliberate tax evasion.
Repeated Ignorance and Unprofessional Behavior
Our attempts to resolve this issue professionally have been met with delays, excuses, and complete unresponsiveness. Instead of taking responsibility, TraderzPlanet continues to operate without clearing pending payments or fulfilling their legal tax obligations.
A Warning to Other Businesses
We urge businesses and service providers to exercise extreme caution while dealing with TraderzPlanet. Their lack of financial accountability, issuance of fake cheques, and non-compliance with tax regulations make them a high-risk client. Companies engaging in such practices damage the business ecosystem and should not be trusted.
Our Next Steps
To recover our pending dues and expose TraderzPlanet’s fraudulent practices, we are actively taking the following measures:
✔ Legal proceedings for contract violation, non-payment, and cheque fraud.
✔ Filing a complaint with GST and Income Tax authorities regarding tax non-compliance.
✔ Public awareness campaigns to warn other businesses of TraderzPlanet’s misconduct.
Final Warning to TraderzPlanet
This blog serves as a final call for TraderzPlanet to clear their dues immediately. If payment is not made promptly, we will escalate legal action and ensure regulatory authorities intervene.
To other businesses, let this serve as a reminder to verify a company’s financial credibility before engaging in business transactions. Ethical business practices ensure a fair and transparent market, and those who fail to uphold them must be held accountable.
💬 If you have had a similar experience with TraderzPlanet or any other fraudulent entity, share your story and stand against unethical business practices!
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