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How to declare bankrupsy ?

(Querist) 19 September 2013 This query is : Resolved 
What is the procedure to declare bankrupsy ?

What action can police or court take against one who declare bankrupsy ?

Thanks
V R SHROFF (Expert) 19 September 2013
AQ nothing to add
Rajendra K Goyal (Expert) 20 September 2013
Academic query.
R.K Nanda (Expert) 20 September 2013
state real facts.
Zeeshan (Querist) 20 September 2013
Just want to know how to declare bankrupsy ? I donot have money to give to my wife who drag my whole family in criminal case to supress her brother's ill doings. My father/family need money more then her. She is more capable to earn then me with a single liability of 4 year old son. (She is post graduate)

But blind family judge( i don't have better words)order me to give her 15,000/- pm. Even HC is not listening. It's 6 months in HC. Even when HC judge is absent, I have to pay her till next date, on next date HC judge ask me to pay arrear(13,000/-). Till next date I will pay almost 90,000/-( 37000 paid +13000arrear+ interim till next date in december) . From where do I arrange that money ?

I don't have that much amount.
Rajendra K Goyal (Expert) 20 September 2013
Contact your lawyer.
may visit following link:

http://www.ehow.com/how_6615665_file-bankruptcy-india.html


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