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QNet: The Suresh Thimiri link between Vihaan and Transview

Mr Thimiri, the and then-called CEO of the controversial MLM, owns registered trademark of QNet in India. He also admitted before the High Court that his company Transview imports and manufactures products for selling to Vihaan Direct, the official franchisee of QNet in India

The instance of QNet, the Hong Kong-based controversial multi-level marketing (MLM) operator is taking new twists every day even every bit all superlative executives of the company in Republic of india decided to stay hidden citing a case filed with economic science offences fly (EOW) of Mumbai police.

Interestingly, Suresh Thimiri, who is often touted as QNet India's primary executive and had denied whatever human relationship with QNet or whatsoever of its representatives, owns the 'QNet' trademark in India through his company Transview Enterprises Pvt Ltd! Run into the images below obtained from Trade Marks Registry. Mr Thimiri's visitor has filed class 42 awarding for 'QNet' trademark in India.

As Moneylife reported, Mr Thimiri, in his anticipatory bail application filed on 19 August 2013, before additional session Judge DA Dholkia had said, "The bidder (Thimiri) does not concur any sort of relation neither with the Visitor (QNet) nor its representative (including Eswaran and Vihaan Direct Selling India Pvt Ltd) against whom the Complaint has been lodged past the respondents (Gurupreet Singh Anand) in Oshiwara Constabulary Station." (See image beneath)

Transview Enterprises is an associate company of Vihaan Straight Selling that handles QNet'southward MLM operations in India since 14 Apr 2012. Before that QNet's Indian operations were controlled by QuestNet Enterprises (India) Pvt Ltd, a company registered at Chennai. QuestNet Enterprises was operating QNEI eStore, a platform from where IRs, which is how the investor-dealers of QNet are described, could identify orders or buy products and besides enrol new recruits. After launching Vihaan, the visitor asked all its old IRs to mandatorily register under the new business organization proper noun in society to receive their commissions. Vihaan is a direct selling agent of QNet and had washed large financial transactions with Mr Thimiri's company Transview. This made the EOW to freeze Transview's banking concern accounts in ING Vyasa Depository financial institution at Bengaluru.

Mr Thimiri, who in his anticipatory bail application had denied any relations with QNet and its representative, has ratified deals between Vihaan Direct Selling and his visitor, Transview Enterprise.

In his awarding before the Bombay High Court to defreeze bank accounts of Transview Enterprise, Mr Thimiri said, "The applicant (Mr Thimiri, managing director of Transview) is in the business of importing and manufacturing products such as Bio Discs, Chi Pendants, Nutriplus, Homepure, watches and various other products and sells the aforementioned to M/s Vihaan Direct Selling India Pvt Ltd."

These revelations may come up as shocker to few die-hard independent representatives (IRs) of QNet as they strongly believe that all QNet products are imported! From where? Just the company knew virtually, as it is kept hidden from public view. Anyhow, now with Mr Thimiri's description about 'manufacturing' of QNet products, these IRs volition know the truth.

After perusing both the applications filed past Mr Thimiri before Courts, here are some facts...

1. Mr Thimiri accustomed that Transview does non have any relations with Vihaan Straight Selling except supplier-purchaser relations.

2. Mr Thimiri's Transview Enterprise owns the QNet trademark (used exclusively by Vihaan) in Bharat.

3. Vihaan Directly Selling is QNet Ltd's franchisee that carries the QNet brand name in Republic of india. Later launching Vihaan, the company asked all its old IRs to mandatorily register under the new business concern name in lodge to receive their commissions.

4. Mr Thimiri has been named as accused in the written report submitted by the EOW before the Sessions Courtroom, Bombay. It states: "The accused Suresh Thimiri has played agile role in running the Coin Circulation Scheme under the guise of investment opportunity and the income earned past the participants is based on enrolment of new members into the scheme."

While Mr Thimiri is trying very hard to de-link himself from the probe, his ain submissions are revealing truth. Vihaan Directly Selling carries 'QNet' brand in Republic of india that is registered trademark of Transview Enterprise of Mr Thimiri. The submission made by Mr Thimiri before the Courts only underline his links with QNet in India.

Some other interesting attribute in the whole episode is all summit officials (?) of QNet India exercise non want to reveal their identity and remain hidden. Nosotros repeatedly sent emails to the visitor's official PR agency and also some officials from its parent QI group.

We asked "Can yous please tell us about Mr Suresh Thimiri, who is oftentimes labelled every bit India CEO of QNet on QNetIndia'due south Facebook page. Is Mr Thimiri the CEO of QNet in Republic of india? If not, and so who heads QNet in India and who are the meridian management people? In add-on, we would similar to know the relations, if any, between QNet, Vihaan Straight Selling India Pvt Ltd and Transview Enterprises Pvt Ltd."

Hither is the reply we received from the PR bureau of QNet India...

"This is concerning our telecon now a while dorsum and in furtherance to our earlier discussion which took identify on the 30 August 2013 with regards to our customer QNET, referred past you in your e-mail. On your asking, nosotros reached out to our client once more today, but they were of the aforementioned considered view that since the matter is still sub-judice, they would not similar to give whatever comments for the fourth dimension being. Nosotros will be happy to reach out to you should our client determine to make any statement to the media in the futurity."

Source: https://www.moneylife.in/article/qnet-the-suresh-thimiri-link-between-vihaan-and-transview/35111/68134.html

Posted by: andersonhavenou.blogspot.com

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