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Vikram Kothari's story to loan defaulter.

Kanpur: The 4,000 square yard 'Santushti' mansion in the plush Tilaknagar locality here wears a forlorn look.

Each time the gates open, revealing a punctiliously maintained lawn and a bevy of luxury vehicles, anxious camera persons and reporters, camping outside Vikram Kothari's palatial residence, jump into action hoping to catch the latest in the ongoing probe against the tycoon, embroiled in one of the biggest loan default cases.

Neighbour Rajendra Kumar Saffar recalls that it was in 1973 that Vikram Kothari's father Mansukhbhai Kothari laid the foundation of a 'paan masala' empire. 'Santushti', meaning satisfaction in hindi, was till now associated only with opulence and success. And its owner, stationery czar Vikram Kothari, creator of the 'Rotomac' brand of pens, figured among the who's who of Indian business.

Mansukhbhai, who hailed from Gujarat, lived in Nayaganj area of the city and supplied coconut oil to shops. He, however, soon moved into the paan masala business.

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Publication:Daily the Pak Banker (Lahore, Pakistan)
Date:Feb 25, 2018
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