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I'm bankrupt and income tax is behind me with a penalty of 40,00,000...i was managing with my creditors and was pushing along but bcoz of IT now i have only one option insolvency..
Winding up of companies is in the jurisdiction of the Courts which can take a decade even after the Company has actually been declared insolvent.
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And for 12 long, frequently torturous months we painstakingly made it liveable and lovable.
I had a husband, a home, yet I was missing something, intangible but palpable.
does not allow you to create a number of profiles using the same email address.
I'm in my mid-40s now, and our relationship remains every bit as complicated today.
There is no regulation or statute legislated upon bankruptcy which denotes a condition of inability to meet a demand of a creditor as is common in many other jurisdictions.
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and today’s law clearly demarcates the business/company’s assets from the personal assets…
If you dont have a financial back up then its sure that you will collapse on your third/fourth year.