Legal Question in Bankruptcy in India
is there any criminal liability remains in force when a person is declared insolvent by the bank or court?
Asked on 4/10/13, 12:44 am
1 Answer from Attorneys
ranganathan raghavachari
R.Ranganathan & Associates
Criminal liability is different from civil liability. Even if one is declared insolvent criminal liability will exist.
Answered on 4/10/13, 12:57 am
Related Questions & Answers
-
I am based at Jaipur,Rajasthan and have suffered business loss. I want to file for... Asked 3/30/13, 6:42 am in India Bankruptcy Law
-
Mere father ka court m case chal rha h check bouncing ka unko payment deni h bt... Asked 3/11/13, 9:56 am in India Bankruptcy Law
-
According to Which Law in India a person can be declared bankrupt.? Are the assets... Asked 3/06/13, 8:51 am in India Bankruptcy Law
-
What laws are followed in india for individual bankruptcy and hindu undivided... Asked 3/06/13, 7:31 am in India Bankruptcy Law
-
Hello sir , i have given a demand draft in maintainance case as intrim maintainance... Asked 3/04/13, 3:34 am in India Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
