Legal Question in Securities Law in India

I took money from Mr. A and Mr. B on basis of I will give them back in 2-3 months but I could not pay them back yet after one year of period. I m sure that I wanted to give there money back as early as possible but due to losses in business (e.g. Hotel and Graphic Designing and Printing also) I could not pay them infact I totaly bankcrupt now in this case I need time from Mr. A & Mr. B then what can I do for geting time from them?


Asked on 2/15/10, 7:30 am

1 Answer from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

when A n B file a suit for recovery, you may defend the same. have u issued any cheque for loan?

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Answered on 2/15/10, 10:57 pm


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