Because the Anandam not simply invested appreciably on fixed belongings but also faced large operational costs and thrice bigger creditor limit when compared to last 12 months on account of which the business is going through fiscal liquidity and funding issue which inevitably lead to amplified extensive-time period liability.

Agarwal and his wife are the only real shareholders of the Company, and that they had pledged their assets of Anandam for your personal loan of INR twenty five million for his or her small business and because of issues in procuring mortgage Agarwal has also presented collateral protection of his home.

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