Pune: Premacha Chaha Partners Booked For Cheating Its Directors Of Rs 1.67 Crore

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Pune, 25th June 2022: Based on an order of the court, Pune police have booked two partners of tea stall chain ‘Premacha Chaha’ partners for allegedly duping its directors of Rs 1.67 crore. They had allegedly stolen the Premacha Chaha Pvt Ltd logo and documents, and granting unauthorised franchises in several states, including Andhra Pradesh, Telangana, Gujarat and Karnataka.

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Accordingly, Loni Kalbhor police station officials have detained Hadapsar residents Amit Magar and Swapnil Tupe in response to a complaint made by Siddharth Bhadale (38) of Uruli Devachi. After the court issued a directive to look into the situation and produce a report, an FIR was filed. The police filed the FIR against Magar and Tupe, the former directors and partners of Premacha Chaha Pvt Ltd., based on the investigative findings.


The Premacha Chaha Pvt Ltd.’s official director is Bhadale. The business prepares and sells tea masala and powder while also awarding franchises both inside and outside of Maharashtra. Kavita, the wife of Bhadale, is in charge of overseeing the brand’s tea powder production and sales.

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With the assistance of his two friends, the complaint opened the first location in Hadapsar in August 2018. The tea was well received, and sales rose as a result. The Bhadale couple decided to distribute franchisees throughout Pune. They got the Premacha Chaha Pvt Ltd brand and distribution rights in October 2019. Additionally, they registered their company with the ministry of small, medium-sized businesses. Three directors and two partners make up the business. The partners are Tupe and Magar, while the directors are the complainant, Kavita, and Bhadale’s brother Vikrant.


The complaint claims that while still partners, Tupe and Magar established Premacha Chaha Food Products LLP without obtaining approval from the directors. The pair began making and selling tea powder and tea masala illegally. They stole money from Bhadale’s business account and used it improperly. They were penalised with an Rs. 5 lakh fine by the Food and Drug Authority (FDA). They allegedly kept up the “illegal enterprise,” nonetheless.


Bhadale claimed that in March 2022, he discovered that the couple had failed to pay income tax and GST. Additionally, they moved every penny from the business account to their accounts. As a result, the pair lost their position as corporate directors.


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The police registered the case under sections 379 (theft), 406 (criminal breach of trust), 420 (cheating), 467 (forgery of valuable security, will, etc.), 468 (forgery for purpose of cheating), 471 (using as genuine a forged), 120 B (criminal conspiracy), 506 (criminal intimidation), and 34 (common intention) of the Indian Penal Code (IPC).