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Mumbai: Businessman jumps off 7th floor after losses, debt

Police learn he was depressed as he had not made any profit in his business in the past nine months; relatives claim those who had given him loans were constantly asking for the money

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Bhavesh Palan

Bhavesh Palan

A 45-year-old businessman committed suicide by allegedly jumping off his 7th floor flat in Mulund in the early hours of Wednesday. Bhavesh Palan had a business of inverters. According to primary investigation, the police said he was in depression due to loss in business and debt.

The building where Palan lived. Pics/Rajesh Gupta
The building where Palan lived. Pics/Rajesh Gupta

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