"Whenever we approached the company for payments, we were given fake accounts of Deutsche Bank, London, Wells Fargo Bank, New York, Common Suisse Bank Limited and fake names of officials. Even the emails sent to us were from fake IP addresses," said Wadia.
He went on to add that NVD tendered four cheques of Rs. 25 lakh each to the franchise between June and August but all of them bounced.
"We have been a franchise for the past seven years and generally all the vendors and companies we have dealt with have paid the amount, but here they are refusing to acknowledge the agreement, leaving us with no option but to take legal action," said Wadia.
NVD Solar refuted the claims with its CEO, Saibal Kumar Hazra, saying his company was not running away from the deal.