Legal Question in Business Law in India

default of loans

sir i have borrow personal loans from 10 private banks i was paying reguler emis but from last 4 months i m not abel to pay i have lost all my asserts in my bussines what to to now i m almost bank cropet


Asked on 1/16/09, 4:08 am

2 Answers from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: default of loans

You may consider filing a petition for insolvency declaring you as bankrupt.

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Answered on 1/16/09, 9:40 pm
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: default of loans

You may consider filing a petition for insolvency declaring you as bankrupt.

Read more
Answered on 1/16/09, 9:40 pm


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