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Because the Anandam not just invested substantially on mounted property but also confronted substantial operational fees and 3 times increased creditor Restrict when compared with last 12 months because of which the corporate is experiencing economic liquidity and funding issue which at some point cause amplified very long-time period liability.

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Agarwal and his spouse are the only shareholders of the corporation, and they had pledged their property of Anandam for the mortgage of INR twenty five million for his or her enterprise and as a result of difficulty in procuring loan Agarwal has also supplied collateral security of his residence.

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