Social Trade Was Declared Bankrupt Rather Than A Runaway Company

Social-Trade-at-Jantar-Mantar-

Noida’s big shocking scandal has revealed. Indeed, Ablaze Info Solutions Pvt. Ltd company was trying to declare bankruptcy disappearance. Therefore, despite the billions of business income tax department in the company, which had submitted the audit report, it was shown a million deficits.

STF has got almost 6000 complaints against the company, not only from Indian customers but also from foreign customers. After a constantly growing number of complaints, the scope of its investigation by STF has increased as well as involving many other legal departments.

The company was to be Bankrupt in some time rather than getting into the position of taking the money and run. On behalf of the company, there was some time left to submit the balance sheet to the Income tax department of India for the financial year 2016-17 and it is feared that the company would have shown a loss this time according to the Personnel from who has been working on the Investigation of the company right now.

7th pay commission

There were no other sources of earning money apart from its growing member’s network and which would have definitely resulted in the company to be bankrupt after the members have stopped paying or the growing numbers would have stopped.

Money of the members was diverted elsewhere and the STF and other legal departments are in search of the same yet and there are some confirmed digital proofs that were recovered from the raids at various offices of the company, either it is Ghaziabad or Noida.

Anubhav Mittal
Anubhav Mittal

Current news suggests, people who are in support of Anubhav Mittal and Social Trade to march for the Jantar Mantar on 12th of February 2017 which is just 2 days before the next hearing of the Anubhav Mittal and it is expected that this time they would be marching with the candle in their hand.

Let’s see what happens on the same day, we will keep you updated. Kindly subscribe to the notification of the website and receive the live updates from the website.

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