Legal Question in Bankruptcy in India
i have suffred stock market losses, a large part of which i have repaid. But the balance amount i am unable to, as financially completely stretched. Can the personal bankrutpcy law give me any relief and how?
Asked on 11/29/11, 11:27 pm
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Yes, if you are declared insolvent, you may avoid your liabilities temporarily.
Answered on 11/30/11, 1:33 am
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