The younger brother defaulted loan & sold company to elder brother to repay loan. - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Tuesday, March 26, 2019

The younger brother defaulted loan & sold company to elder brother to repay loan.


The younger brother defaulted loan & sold company to elder brother to repay loan. 

The elder brother took loan from same bank to take over the younger brother's company. 

Now the bank got reduced NPA with stronger loan book. Nothing came or gone despite everything got good. 

Company Share prices got doubled in a week.
Mukesh allowed Anil to announce bad news and drop the share prices.

The public sold off and Mukesh bought the shares (through loan) at dead cheap prices.

Now prices are high. He pays off the loan to the bank by transferring it shares or with partners / partial sell in public. He has a company at zero cost.

That's Ambani Brothers for you

The younger brother defaulted loan & sold company to elder brother to repay loan. Reviewed by S Chitra on March 26, 2019 Rating: 5 The younger brother defaulted loan & sold company to elder brother to repay loan.  The elder brother took loan from same bank to t...

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