Legal Question in Bankruptcy in India
if a propietory firm goes bankrupt,does this mean proprietor as an individual will never be able to use bank services
Asked on 10/04/10, 2:29 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
in the firm propietor is personally liable.
Answered on 10/04/10, 3:50 am
Related Questions & Answers
-
What can I do when a check drawn in favour of myself returned due to shortage of... Asked 10/02/10, 10:00 pm in India Bankruptcy Law
-
I am a 30 year old married man and an ex-bank employee presently working with a BPO... Asked 9/29/10, 2:57 am in India Bankruptcy Law
-
I had taken a loan for rs. 1.5 Lc from a pvt bank, but since i loose my service,... Asked 9/27/10, 2:01 am in India Bankruptcy Law
-
My wife and I took a mortgage loan for Rs.10 Lakhs. Now owing to poor income, we are... Asked 9/21/10, 3:45 am in India Bankruptcy Law
-
How to file for bankruptcy.pls mail me all the details. Asked 9/03/10, 9:18 pm in India Bankruptcy Law