Legal Question in Bankruptcy in India
Insolvency
what is the bad effects of Insolvency ?
Asked on 2/28/09, 2:20 pm
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: Insolvency
The insolvency visits a person with the life of a bankrupt for 12 years; an insolvent is ineligible for occupying any public post. all the negative effects may not be listed here; will depend upon situation of the person concerned.
Answered on 2/28/09, 9:33 pm
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