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Relation between insolvency and bankruptcy
19-Oct-2023 (In Recovery Law)
Whether insolvency petition of a person cheated by debtors comes under bankruptcy
Once insolvency proceedings are initiated and concluded, the same can have effect of bankruptcy. Please note the insolvency law has undergone sea change with the introduction of new laws.
Suggest you to consult a lawyer for better resolution.
This information is subject to limited information provided by you and shall not be regarded as an legal advise, and so please approach a lawyer for appropriate legal support.
Suggest you to consult a lawyer for better resolution.
This information is subject to limited information provided by you and shall not be regarded as an legal advise, and so please approach a lawyer for appropriate legal support.
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Adv. Ramya Kunapareddy
Hyderabad | 100+ Answers
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