[4] [8] Sachdeva used intriguing ads created by the Delhi branch of Rediffusion to attract investors.

[8][12] When MS Shoes crashed in March 1995 the collateral effects were so severe that the Bombay Stock Exchange had to be closed for three days.

[4] The Central Bureau of Investigation filed a closure report on the MS Shoes case in September 1998, which was accepted by the court.

[4] In April 2003 a Delhi Metropolitan Court issued a non-bailable warrant against Sachdeva for failing to pay back money owed to the Indian Air Force Benevolent Association.

[15] In June 2003 the Delhi High Court ordered that the company be sent to the Board for Industrial and Financial Reconstruction (BIFR).

In November 2005, MS Shoes was declared a sick company by the BIFR, and a plan was drawn up for its rehabilitation.

The reasons of sickness was devolvement of public issue and cancellation as well as forfeiture by Hudco of the amount paid of ₹68.68 crores by MS Shoes.