Jassi Jaissi Koi Nahin General Discussion

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Jassi Jaissi Koi Nahin General Discussion
Jassi Jaissi Koi Nahin General Discussion

How big is Gulmohur?

haripatti Newbie
haripatti
haripatti

Joined: 19 July 2004
Posts: 40

Posted: 17 September 2004 at 9:30am | IP Logged
What's the annual sales for Gulmohur? Purab once said that it's 10 Crore. But for a company having sales of 10 Cr, debt 10 Cr makes it to be bankrupt

pj04 Goldie
pj04
pj04

Joined: 02 September 2004
Posts: 1623

Posted: 17 September 2004 at 10:12am | IP Logged
 it is bankrupt, bythe way it is kohinoor undertaking now legally.
pj04 Goldie
pj04
pj04

Joined: 02 September 2004
Posts: 1623

Posted: 17 September 2004 at 10:13am | IP Logged
 sales are not 10 cr , gulmohars total assets are 10 crores minus shares. basically they are drowning in debt.
Morgoth IF-Rockerz
Morgoth
Morgoth

Joined: 01 June 2004
Posts: 6831

Posted: 17 September 2004 at 3:06pm | IP Logged

Gulmohar's Equity is supposed to be 10 crores, but with a debt of the same amount, the net worth is ZERO.

This is why I call Armaan "Doosra Diwalya Trump".

ahmed316us Senior Member
ahmed316us
ahmed316us

Joined: 18 April 2004
Posts: 982

Posted: 18 September 2004 at 10:00am | IP Logged
thnx mystica
ruta Goldie
ruta
ruta

Joined: 16 June 2004
Posts: 1027

Posted: 19 September 2004 at 10:16am | IP Logged

lolz mystica........LOL

yeah...gulmohur is bankrupt.........thnx to the "clever" decisions of mr-i-need-a-brain-suri!!!

its going to be a herculean task for jassi to control GM.But one thing that just goes past me is that even though GM has had a successful show,why has'nt it recovered atleast part of its losses??and from where are the funds for the store coming from??and from where does kohinoor get money to lend GM ??

Rifhat Goldie
Rifhat
Rifhat

Joined: 29 August 2004
Posts: 1041

Posted: 20 September 2004 at 11:44am | IP Logged

Some funds are coming from Kohinoor,investments done by NANDU on shares has earned Kohinoor some big profits which go to Gulmohur.This we saw when Armaan wanted to buy the store and Jassi had written the check.Pardon me when Armaan was whining about where the money will come from for the store.. And like always Jassi to the rescue..

-rifhat

haripatti Newbie
haripatti
haripatti

Joined: 19 July 2004
Posts: 40

Posted: 20 September 2004 at 12:24pm | IP Logged
How can Armaan sell off GM to Kohinoor without the knowledge of its shareholders? Aren't shareholders suppose to pass a special resolution?

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