Wednesday, 15 May 2013

Deccan Chronicle printing press sealed


deccan chronicle office sealed kotak mahidra bank 7387832 300x148 Deccan Chronicle printing press sealed   aplive.net









Andhra Pradesh No:1 English daily Deccan Chronicleprinting press sealed byKotak Mahindra Bank.

DC printing press in Kondapur was one of the propertiesmortgaged by Deccan Chronicle Holdings Ltd to raise Rs.100 cr loan.

The bank officials reached the press office a court-appointed advocate commissioner along with Kotak Mahindra Bank staff and police and locked the gate after sending employees out from the press office.

Although, printing press staff resisted the sealing move for nearly one and a half hours staging dharna, but has come to heel after they were showed court orders. May be today DC paper might get delayed .

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