Legal Question in Bankruptcy in India

I request the team to advise.

In India if a person has declared himself insolvency in any court , can the same person open a new bank account in his name , and can he travel abroad ?

Thanks in advance


Asked on 9/02/10, 10:58 pm

1 Answer from Attorneys

RAJIV GUPTA (Cell: +91 9811284735) [email protected]

he can do that but subject to the permission of the court that declared him an insolvent.

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Answered on 9/03/10, 12:34 am


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