Lok Sabha Question No. 4130 (UNSTARRED), answered on 2019-01-04
Subject: QNet Scam
Ministry: CORPORATE AFFAIRS
Asked by: KIRIT SOMAIYA

## GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA

UNSTARRED QUESTION NO. 4130

ANSWERED ON FRIDAY, THE 04 th , JANUARY, 2019

[PAUSH 14, 1940 (SAKA)]

## QNET SCAM QUESTION

## 4130. DR. KIRIT SOMAIYA:

## Will the Minister of CORPORATE AFFAIRS be pleased to state:

कॉर्पोर े ट कार्य मंत्री

- (a) whether the Government has taken cognizance about the scam of QNet and collecting money from public and if so, the details thereof;
- (b) whether  any  complaint  in  this  regard  has  been  received  and  if  so,  the details thereof; and
- (c) whether  the  Government  is  likely  to  investigate  the modus  operandi of QNet and take action against them and if so, the details thereof?

## ANSWER

## MINISTER OF STATE FOR LAW AND JUSTICE AND CORPORATE AFFAIRS

(SHRI P. P. CHAUDHARY)

विवि और न्यार् एिं कॉर्पोर े ट कार्य मंत्रालर् में राज्यमंत्री

( श्री र्पी.र्पी.चौिरी )

- (a) & (b):  12  complaints  were  received by  Serious Fraud  Investigation Office(SFIO) against the scam of QNet during the period 2013-14 to 201819 (till 30.11.2018) and these were forwarded to the respective Registrar of Companies for necessary action.

List of these complaints is enclosed as Annexure -I.

- (c)The  Ministry  had  ordered  investigation  into  the  affairs  of  Goldquest International Pvt. Ltd and Questnet Enterprises India Pvt. Ltd.  (now known as QNet) and assigned the same to SFIO on 28.07.2010. The investigation was  completed  and  report  submitted  to  Ministry  on  05.03.2012.  On  the basis  of  instructions  issued  by  the  Ministry,  SFIO  has  filed  prosecution against the companies and its directors and these are pending at various stages in respective courts. The matter is subjudice.

*****

## Annexure-1

|   Sl. No. | Date of Receipt   | Date Of Complaint / Date Of Letter   | Reference. No       | Name Of The Complaint Against                                                                                                                                                                                                                                                                                         | Name Of Complainant                                      |
|-----------|-------------------|--------------------------------------|---------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------|
|         1 | 16/11/2018        | 12/11/2018                           | 46888/2018/ 6777    | Qnet Ltd                                                                                                                                                                                                                                                                                                              | Shri S. Mahesh Kanna                                     |
|         2 | 16/07/2018        | 13/07/2018                           | 43159/2018/ 4045    | Qnet Ltd                                                                                                                                                                                                                                                                                                              | Shri S Mahesh Kanna                                      |
|         3 | 07/06/2018        | 04/06/2018                           | 42067/2018/ 2921    | Qnet Ltd                                                                                                                                                                                                                                                                                                              | Shri S Mahesh Kanna, Advocate                            |
|         4 | 01/02/2018        | 25/01/2018                           | 39176(3)/ 2018      | Qnet Ltd                                                                                                                                                                                                                                                                                                              | Shri S Mahesh Kanna                                      |
|         5 | 23/10/2017        | 17/10/2017                           | 36981A/2017/ 1827   | Qnet Ltd                                                                                                                                                                                                                                                                                                              | Shri Mahesh Kanna, Adv                                   |
|         6 | 11/08/2017        | 08/08/2017                           | 35541/2017/ 1509    | Qnet Ltd                                                                                                                                                                                                                                                                                                              | Shri PJS Mehta, National Consumer Awareness Group (Regd) |
|         7 | 20/07/2017        |                                      | 35054/2017/ 1417    | Qnet Ltd                                                                                                                                                                                                                                                                                                              | Shri S Mahesh Kanna                                      |
|         8 | 27/03/2017        | 27/03/2017                           | 32211A/2017/ 906    | Qnet Ltd, Questnet, Goldquest                                                                                                                                                                                                                                                                                         | CA B Chinnappa (Chinnappa and Associates)                |
|         9 | 23/05/2016        | 19/05/2016                           | 24859/2016/ 556     | Qnet, Questnet, Goldquest, Vihaan Direct Selling India Pvt Ltd                                                                                                                                                                                                                                                        | Shri Atul Gupta, Assistant Professor                     |
|        10 | 13/05/2013        | 08-05- 2013                          | 2241/751            | Qnet Limited                                                                                                                                                                                                                                                                                                          | Shri Brijesh M. Singh                                    |
|        11 | 14/11/2014        | 10/11/2014                           | E- 11582/2014/ 1450 | Qnet Group Shri Sameer Arya (CWS, IBV, MCL) Shri Kartik Bhargava                                                                                                                                                                                                                                                      | Shri SubhajitKarmakar (CWS, IBV)                         |
|        12 | 21/11/2014        | 17/11/2014                           | E- 11738/2014/ 1478 | Q 1 Group of Companies Qnet Ltd Transview Enterprises India Pvt Ltd Vihaan Direct Selling (India) Pvt Ltd Manamala Travel and Tourism Services Pvt LtdGoldquest International Private Limited QuestnetEnterprizes India Private Limited Vanamala Hotels Traveks and Tourism Pvt LtdPallava Hotels and Travels Pvt Ltd | Shri Amit A NaiksatamSr AD (Senior Inspector of Police)  |