Legal Question in Bankruptcy in India

i dont have any assets fixed or moving,in my name.however my wife is doing business since 15 years and has assets on her name thease assets r aquired by her own income .

I am a prtner in a const co. which is having cases of recoveries lying in various courts .co.has no fund to meet the expences of court .I was also directer in one co. and signeed as guarenter for loan raised by the co. from banks n fin institutions .cases of recovery are in courts.I dont have any income source to meet the expences related to court.I am fully dependent on my wife n my son .But I am fad up with the court cases n want to get rid of all this.can declare myself as insolvent /bankrupt.What i have to do for this.I am from Indore in m.p.


Asked on 8/02/10, 1:05 am

3 Answers from Attorneys
Fahri Toga TOGA//OKSUZ

Dear Fahri,

Please send the documents to me asap. I hope it's acceptable to the court. We lawyers are often affiliated by the court here.

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Answered on 8/02/10, 1:20 am
Fahri Toga TOGA//OKSUZ

Dear contactor thank you for contacting us.

We have just received your message. For giving a precise and a detailed answer please send to us on the following e-mail address more information and the document regards this problem. We will be able and available to answer any of your questions. So if you will have any question please do not hesitate to contact us.

Not: [email protected]

Best regards and best wishes.

Attorney at Law

Fahri TOĞA

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Answered on 8/02/10, 1:24 am
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

your wife and you have joint and several assets and liabilities so u cannot proclaim yourself a bankrupt.

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Answered on 8/03/10, 12:58 am


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