Bhiwandi Textile Trader Alleges ₹1.62 Crore Payment Fraud, Two Rajasthan Businessmen Booked
BHIWANDI: A business dispute involving textile consignments worth more than ₹1.62 crore has turned into a police case in Bhiwandi, after a local trader alleged that two businessmen from Rajasthan failed to clear payments for fabric supplied to their firms over nearly two years.
The Nizampura Police have registered an FIR against the two accused following a complaint by Tina Parveen Bhansali, 45, proprietor of Sambhunath Traders and a resident of Shivam Society on Khadak Road. Police have begun investigating the financial transactions, invoices and other records linked to the alleged deal.
According to the complaint, the two businessmen allegedly purchased textile material worth ₹1,62,68,507 from Bhansali’s firm between December 2022 and August 2024. While the initial business dealings reportedly continued smoothly, the complainant alleged that the payments later remained pending despite repeated requests.
Business relationship allegedly turned into a major financial dispute
Police said the accused have been identified as Suresh Chand, a resident of Sitapur in Rajasthan and proprietor of Rachna International, and Sushil Bhati, a Jaipur resident who runs Sangam Enterprises.
As per the complaint, both businessmen established a business relationship with Sambhunath Traders by placing textile orders over a period of time. The complainant said that, based on the ongoing transactions and the trust developed between the parties, she continued supplying fabric consignments to their businesses.
However, Bhansali alleged that after receiving the goods, the two businessmen did not make the required payments within the agreed period. The outstanding amount allegedly continued to increase as further consignments were supplied.
The trader claimed that she repeatedly contacted the accused and requested them to clear the pending dues. Despite several reminders and follow-ups, the payments were allegedly not settled.
According to the complaint, the accused also failed to provide a satisfactory explanation for the delay, leaving the textile business with an alleged outstanding amount of more than ₹1.62 crore.
Police register FIR and begin investigation
Following the complaint, Nizampura Police registered a case under relevant provisions of the Bharatiya Nyaya Sanhita (BNS), including Sections 316(2), 318(4) and 3(5).
The sections invoked by the police relate to offences including criminal breach of trust, cheating and acts allegedly carried out with common intention.
Investigators are now examining the commercial relationship between the parties to determine exactly how the transactions took place and whether the allegations of cheating are supported by documentary evidence.
Police are expected to scrutinise purchase orders, invoices, delivery records, bank transactions, payment commitments and account statements as part of the probe. Officials are also verifying the payment history between the businesses and examining the circumstances under which the outstanding amount accumulated.
No arrests reported so far
Police officials said the investigation is currently underway and that further action will depend on the evidence collected during the probe.
No arrests had been reported at the time of filing the report.
The case highlights the financial risks that can arise in large-scale commercial transactions when payments for goods remain unsettled over an extended period. For the police, the key task now is to establish whether the non-payment was the result of a business dispute or whether, as alleged in the complaint, the transactions involved deliberate deception from the beginning.
Further legal action is expected once investigators complete their examination of the financial records and other evidence.
The allegations against the two businessmen are part of the complaint and police investigation; their version of the matter was not mentioned in the re
News source: Information for this article was gathered from a variety of reliable news outlets
