Chinese e-commerce company ShopeeThe country is facing controversy over violation of foreign direct investment, FIR A customer in Lucknow has filed a case of allegedly duping him.
Shashank, the complainant in the FIR lodged at the Mohanlalganj police station in Lucknow, was seen by IANS on January 15. Shekhar Singh She said that she ordered the products online from Shopee on December 10, but what she got were duplicate products.
The FIR names Shopee, its parent company Bengaluru-based SPPIN India Pvt Ltd and senior officials of the company.
According to Singh, he ordered three products from Shopee for Rs 840, Rs 399 and Rs 1,299. What they found were not the products shown on the platform, but fake variants, in which the e-commerce platform was accused of duping them.
Last month, the Confederation of All India Traders (CAIT) urged the Finance Minister Nirmala Sitharaman and Commerce Minister Piyush Goyal to ban Shopee, which he claimed was operating in India against FEMA regulations and the 2020 FDI press note.
CAIT accused Chinese e-commerce company Shopee of violating rules.
Shopee is a Chinese e-commerce giant that has commenced its operations in India through an entity, SPPIN India Pvt Ltd, which is held by two holding companies, SPPIN I Pvt Ltd and SPPIN II Pvt Ltd, both registered in Singapore The traders’ body has claimed. in the letter.
“These two entities, in turn, are held by another parent company. SPPIN LTDRegistered in Cayman Islands. This complex structure of institutions is nothing but an attempt to defraud the Indian government and pour Chinese money into India,” wrote CAIT Secretary General Praveen Khandelwal in the letter.
The traders’ body also accused Shopee of adopting a “predatory pricing strategy”, thereby distorting competition in the market.
The Delhi High Court in November had sought response from the Center on a plea seeking to block e-commerce websites and mobile apps run by SPPIN India Pvt Ltd in the name of Shopee.
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