The ‘Gutka Baron’ who purchased Kingfisher Villa in Goa: Know more

Businessman-actor Sachiin Joshi has purchased the Kingfisher villa for a whooping 73.01 crores through a private treaty with the banks after three failed auctions. “The Sarfaesi Act allows banks to cut a private deal to sell the assets of a defaulter if auctions fail twice. But under the rules, the asset should be sold above […]