Ruling out any bailout package for Maytas Properties, the government has assured the Non-Resident Indians (NRIs) of a solution to non-delivery of flats sold by the company promoted by the kin of disgraced Satyam founder B Ramalinga Raju.
“I am confident of finding a solution to the problems. We are looking at it seriously. I am hopeful of resolving the issue as soon as possible,” Corporate Affairs Minister Salman Khurshid told reporters on the sidelines of Pravasi Bharatiya Divas.
“We will not offer any bailout for the company. They don’t need bailout. They need just cash flow,” Khurshid said at the conference where many NRIs and Persons of Indian Origin raised the issue of non-delivery of flats sold to them by the company.
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