my friend started one Medical college, and acquired some land and constructed buildings with 13000 squre feet and to acomodate 400 bedded hospital,and for paid advance for another 23 acres But,he was cheated by his friends and relations to pay required money to the tune of 2 crores, and hence he could not face the impending Medical council inspection of his college under construction. He had availed all the source of getting money by approaching Banks, and has bledged his property and hospital building . The college is located in Kerala bordering Tamilnadu. His attempts and work , three years trials all will go if he is not getting money before april this year, He is ready to allow any financial value his hospital and the areas with Rubber trees, to be shared for partnership, Will any one help him. I am a close friend of him. finding no other source of helping him I have approched this forum. May any one who can help him by informing any source of fund transfer.
2007-03-03 02:49:11 · 2 answers · asked by nagamoney 2 in Business & Finance ➔ Other - Business & Finance
The kind of story you have written in your question and based on my own experience with the business and industry in India, there is always the other side of the coin - not offered for proper evaluation. You need a practical approach with re-thinking on the whole issue before it is too late.
2007-03-04 02:25:09 · answer #1 · answered by helpaneed 7 · 1⤊ 0⤋
Your friend has one last option...He may convert the Medical college property into public shares & raise money from public....
2007-03-03 03:39:56 · answer #2 · answered by Mylapore Mani 3 · 0⤊ 0⤋