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Facing Torcher For Lenders. I Have 2 Cr Loans
15-Apr-2024 (In Bankruptcy / Insolvency Law)
I got loss in my business and I have a hand loan of abt 2cr and I am unable to repay now. But all are pressuring and threatening pls help me how to face this
Youn only remedy is to file for insolvency in Jurisdictional Court listing all yan creditors', your total liabilities, your assets, income, necessities and asking court to make equitable distribution.
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Adv. S.K Prabhakar Shetty
Bangalore | 500+ Answers
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