Legal Question in Consumer Law in India

Insolvency & Protection against debtors

Iam passing thru a terrible financial crunch. What is the procedure to get a court order for some time to stop payeent to the debtors and also is there any way I can declare myself insolvent


Asked on 5/03/09, 2:35 am

4 Answers from Attorneys
Fahri Toga TOGA//OKSUZ

Re: Insolvency & Protection against debtors

We think that we can help you to solve your affairs forthwith, please send us your documents or write an detailed e-mail in order to notify the circumstance. We checked over the documents thereafter, we will return your added phone number,e-mail or address,as soon as.

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Answered on 5/11/09, 3:32 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: Insolvency & Protection against debtors

contact a local lawyer

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Answered on 5/05/09, 9:11 am
Mantosh Sarkar M.Sarkar & Associates

Re: Insolvency & Protection against debtors

It is not easy task ,for any debt to the third party or any institution you have to personally apprise and make them

believe through evidence that you are passing hard days,allowing any time is their discretion.

As regards insolvency you should make believe to the

court that you have no resource available from any side

except your minimum earnings for livelihood and for

this you should consult a local lawyer.

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Answered on 5/03/09, 6:54 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Insolvency & Protection against debtors

You may file a petition for insolvency in the local District Courts.

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Answered on 5/03/09, 3:12 pm


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